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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Financial operations professionals seeking effective ways to achieve improvement in terms of accurate and speedy vendor payments, error-free… Read More
As more organizations implement end-to-end P2P processes to improve performance, service quality, and cost control, it becomes even more incumbent… Read More
Q.¬†We are moving into a more P2P model than separate AP and Procurement departments. I was wondering if the Advisory Panel has suggestions on how to… Read More

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