Automation

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If automation is a priority for you or your team, IOFM's next AP Demo Day is the ideal place to start. Join us this July 20th for a full-day virtual event featuring demos of the latest solutions that can help you on your automation journey! 

As macro influences and labor costs continue to rise, companies across industries feel a squeeze on their operating margins.

To compete in 2023, organizations must control costs and enable accuracy

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Over the past few years, AP departments have evolved rapidly to keep supply chains and cash flows moving through challenging times. They’ve adopted new ways of working and new approaches to

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The business case for automating the finance function is clear and compelling.  What isn’t so clear is how to go about choosing the right solution for your department’s needs. 

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Businesses will soon have an opportunity to make meaningful progress towards business-to-business (B2B) payments modernization. A key first step in this process is supporting an exchange framework,

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How AP Can Leverage the Current Economic Challenges 

It’s impossible to look at the news without seeing alarming reporting about rising inflation and the predicted recession. Combined with

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Month-end close typically fills financial professionals with dread. They need to post accruals for unsettled transactions, reconcile balance sheet accounts, generate last-minute invoices or post

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Few accounting tasks are as important as the financial close.

A slow or inaccurate financial close can:

  • Waste employee time
  • Stand in the way of a company’s growth
  • Damage a company’s

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AP has a reputation as being slow to change. 

But the past three years have brought seismic shifts in the way that AP operates.

  • New ways of working
  • New technologies and approaches to


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The AP function is critical to the growth and success of a business

Efficient and effective payables operations:

  • Hold down costs
  • Solidify the supply chain
  • Free up cash to reinvest in the

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Despite disrupted supply chains, hybrid work environments, and the great resignation, today’s business executives expect their finance teams to sustain regular output levels and keep the

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