P2P

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If you are grappling with the costs and inefficiencies of time-consuming and inefficient processes, it may be time to take a closer look at what automation can do for your P2P operation.  Automation… Read More
Q. How do you feel about outsourcing AP to different countries for US company businesses? A. (Answered by the IOFM Advisory Panel) ----- I think all options should be on the table, in order to… Read More
The “AP & P2P Professionals Speak: On Pain Points, Working Together, and Successes” video series explores challenges faced by real life accounts payable and procure-to-pay pros, and their… Read More
Many accounts payable organizations are siloed from procurement, which can lead to inefficiencies, errors and a negative culture. Where there should be collaboration and shared goals, there is often… Read More
Increasingly, companies are recognizing the value of creating a procure-to-pay (P2P) system that streamlines all purchasing and payment activities into one integrated, end-to-end process. A full… Read More
Having an effective end-to-end Procure to Pay (P2P) process in place creates a positive culture change for the AP function at Riverside Health System in Newport News, VA.  "You can literally feel… Read More
Q. Is there information available regarding benefits of merging Accounts Payable and Procurement under one department head? Operations (COO) vs. Finance (CFO)? A. (provided by IOFM Senior Trainer,… Read More
Q. We are establishing a Shared Services Center and would like guidance on the means and content of our communication to existing staff to offset the negative effects of the rumor mill. What key… Read More
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 the purchasing department.  We are in the process… Read More

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 the purchasing

Read More
AP and Purchasing have always marched to different drummers, but these days, organizations are placing more scrutiny on the purchase-to-pay cycle. The time has come for the two departments to get… Read More

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