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. I'm wondering if you can guide me about best practices for shared services when we also use an outsourcing company. Specifically with corporate… Read More
Many accounts payable organizations are siloed from procurement, which can lead to inefficiencies, errors and a negative culture. Where there should… Read More
Q. Does anyone have experience or know of any companies where indirect procurement and AP were part of the same organization -- essentially whereAP… Read More

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