Latest IOFM Data

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Q. I see the benchmark for "paid on time" in IOFM, but are there any other details that can be… Read More
Q. In your AP performance efficiency benchmark, you highlight paid on time rates for top and… Read More
Efficiency Measures: Split by Industry Of the 388 AP functions studied for this report, only five industry groupings were large enough to conduct valid statistical… Read More
Efficiency Measures: Staffing Costs are only part of the efficiency equation when benchmarking your AP team’s performance. It’s also important to know if you have the right number and mix of… Read More

Introduction

The first step in any improvement journey is to quantify where you’re starting. That’s a challenge for many AP leaders because it’s difficult to recognize the most

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A recent benchmarking survey by IOFM indicates that overall, more than half of the vendors in respondents’ vendor master files are inactive. 

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While organizations with better

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Q. (cont.) Do you have any statistics on rebate percentage and what vendor types accept virtual

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On-demand Webinar | Free

CFOs are feeling the heat.  They must balance unrelenting pressure to improve the efficiency of their financial operations with increasing demands to help the business

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