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. We are currently working on setting up a purchasing department.  We are curious about where some of the duty lines are drawn between AP and… Read More

By Pam Miller, APMD

When you conduct a post-mortem of your 1099 prep process this year, you might seriously consider outsourcing your 1099

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Traditionally, procurement & finance teams have relied on their ERP systems to deliver a smooth & transparent transactional process. With

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