P2P

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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

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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
AP and purchasing can build a cooperative, productive relationship when they begin to look at the purchase-to-pay cycle as one whole process rather than focusing on only their specific parts of P2P… Read More

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

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How to Future Proof Cover.jpg.webinarwhitepaper-thumbnail.175x200.jpegBusinesses are asking more of their accounts payable departments.  

Accounts payable is expected to transform from a tactical back-office function into a hub of strategic real-time

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