Automation

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If automation is a priority for you or your team, IOFM's AP Automation Summit is the ideal place to start. Join us December 1-4 for a virtual event featuring peer networking, town hall discussious and demos of the latest solutions! 

The outdated, manual methods that many businesses have relied on for years to onboard and register suppliers have become a serious liability in today’s Work from Home environment. 

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The pandemic has been eye-opening in many ways, perhaps none more so than revealing just how critical suppliers are to businesses. In MineralTree’s 2021 State of AP survey, 58% of respondents

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Today’s AP departments have a critical role in driving business growth.      

… They’re helping the business become more agile through streamlined AP

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More often than not, accounts payable departments of large operations face unfortunate situations which becomes difficult to deal with. They face struggles like slow processing, matching errors,

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Even though supplier relationships are fundamental to a successful organization, the way most businesses onboard and manage suppliers can actually stand in the way of growth. Businesses clearly need

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Accounts Payable can be considered the backbone of any company, which means improving the efficiency and productivity of this department is critical to your overall success. When beginning your

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Most AP professionals are caught in the snare of manual tasks. 

They waste their days on manual, high-velocity tasks such as keying data, shuffling paper, fixing mistakes, chasing down

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“Doing something costs something. Doing nothing costs something. And, quite often, doing nothing costs a lot more.” — Ben Feldman

When it comes to Automating your finance function,

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Changing workplace structures demand flexible processes. 

Without the right technology, identifying invoice approvers and chasing down information about general ledger coding and invoice

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Most Accounts Payable (AP) departments are struggling with invoice processing. Over 50%of AP teams say they are challenged with processing invoices efficiently and accurately even after spending over

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