Organizational Structure

IOFM recognizes that no two AP departments are at the same place on their performance improvement journey. Each stage brings new challenges. And that’s why our content is designed to address the issues facing those practitioners working within different operating structures, ranging from: decentralized, to centralized, to shared service centers. The Institute also provides best practices whether or not your functions are aligned with procurement or outsourced in whole or in part.

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Outsourcing Finance Functions: Key Points You Need to Consider

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If you manage significant volumne of invoices, outsourcing some of all of your AP function may make sense. Learn the eight questions you should ask to determine if the beneifts outweight the risks.

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Q. Is there information available regarding benefits of merging Accounts Payable and Procurement under¬†one department head? Operations (COO) vs.… Read More
Increasingly, organizations are being called upon to better manage and control costs, provide improved services, and leverage information more… Read More
A large majority of companies' accounts payable departments are centralized today. If your organization is considering¬†consolidating their AP units… Read More

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