Overview

IOFM Members rely on “Ask the Expert” whenever they’re stumped. IOFM's tax experts are standing by, ready to answer your 1099 compliance questions. And a panel of more than 100 AP practice leaders are also on call for your next best practice question.

Industry Standards for Lockbox Payment Application

Q. My team is evaluating the timeliness standard for application of lockbox payments that require manual clearing. Our company offers an online portal where customers submit payments that clear… Read More

Order-to-Cash Solution Consultant Certificate Program (AOCSC) – Self-Study Online Course

Course Description

The Order-to-Cash Solution Consultant Certificate Program (AOCSC) trains vendors to speak the language of their clients in the order-to-cash space. The program covers all areas

Accounts Receivable Solution Consultant Certificate Program (ARSC) – Self-Study Online Course

Course Description

The course covers AR fundamentals, best practices and regulatory compliance, all of which are necessary to understand the business needs tof those who work in the accounts

Order-to-Cash Manager Certification (AOCM) – Self-Study Online Course

Course Description

Managing cross-functionally brings a unique set of leadership challenges. This course highlights best practices from organizations that have aligned O2C, sharing actionable

Order-to-Cash Specialist Certification (AOCS) – Self-Study Online Course

Course Description

While every organization has an O2C process (fulfillment of orders, assignment of credit lines, applying cash received and collecting invoices that are past due), most are

Accounts Receivable Specialist Certification (ARS) – Self-Study Online Course

Course Description

Newly updated for 2025! The course covers AR fundamentals, best practices and regulatory compliance, all of which are necessary to excel in the accounts receivable

Accounts Receivable Manager Certification (ARM) – Self-Study Online Course

Course Description

Newly updated for 2025! This program provides a comprehensive overview of AR mangement, including the organization of AR departments, process optimization, team leadership, and

Managing Credit Risk

Dun and Bradstreet estimates that more than 90 percent of businesses extend credit without a reference. For organizations that operate on relatively slim margins, this can easily lead to… Read More

5 Ways Automated Credit Risk Management Moves Your Business Forward

Extending credit to trading partners is a necessary evil for most businesses.

But poorly managed credit can mean long delays in converting sales to cash.

And capital that is tied up in

Credit’s Quest to Reduce Risk

The key mission of every credit team is reducing risk. This is not an easy challenge by any means, considering that risk reduction must be balanced with promoting business growth in the form of sales… Read More