April 2024: Leadership Skills

It’s a common misconception that someone who is good at performing a task will naturally be good at managing it — but that’s hardly the case. Leadership requires an entirely different skill set than that required of people in AP or AR practitioner roles. The good news? These skills are learnable.

In this month’s Insider, we offer some resources to enhance your leadership capabilities.

This Month’s Quick Take: Managing Meetings

One issue that leaders must often cope with involves meetings. This advice comes from the Procure-to-Pay Manager Certification textbook:

“… a major issue for many managers is how many meetings they are invited to attend. Many of these may not be particularly relevant to you, or you may have been invited as a courtesy. Politely turn down the invitations you can and send a representative to others where your presence isn’t truly necessary. Only attend those you must!”

To find out more leadership tips, check out the P2P Manager Certification Program.

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Leadership vs. Management

These two terms are often used interchangeably, but they aren’t the same. In a recent podcast, we discuss the differences. Management is more focused on process, while leadership is about relationship building — but both are required for optimal performance.

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FREE WEBINAR: Develop a Leadership Brand to Enhance Your Influence and Impact

Establishing a leadership brand is a continual endeavor that demands commitment, self-awareness, and a dedication to lifelong learning. Join IOFM and Monica Brooks on April 8th for this free webinar to learn about the essential skills required to craft a brand that authentically reflects you.

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Focus on Customer Service

In a recent interview with Controller Steve Fulmer, we discuss the importance of customer service — specifically, internal customer service. Improving relationships with other departments has enabled his team to build relationships that help the organization — and advance their careers.

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Leading with Intention

In this webinar, we discuss a key question: How do you want to be remembered? It’s important to create a vision for your legacy, says presenter Monica Brooks. Then, through expressing a true interest in others and careful planning, you’ll be able to empower your team.

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MEMBER WEBINAR: 1099 101: Just the Basics

Managing the complexities of reporting 1099s can be challenging. Effective leadership is pivotal in establishing best practices for compliance. Join IOFM and Sovos for this Member-exclusive Live Compliance Webinar on April 25th where we’ll break down the basics of tax information reporting.

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