P2P

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Financial operations professionals seeking effective ways to achieve improvement in terms of accurate and speedy vendor payments, error-free transactions, and value-added vendor relationships would… Read More
As more organizations implement end-to-end P2P processes to improve performance, service quality, and cost control, it becomes even more incumbent upon AP operations to boost efficiency and… 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 structure the AP and Procurement teams in a P2P… Read More
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

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