Automation

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Capturing EarlyPay discounts is traditionally reserved for mature AP functions after years of investment in automation -- but it doesn’t have to be.

For every $1 billion in PO spend,

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Many accounts payable automation implementations are plagued with budget overruns and less-than-ideal outcomes. These setbacks can occur when AP processes and procedures are not mapped, analyzed, and… Read More
By Pam Miller, APMD Overcome Resistance With Knowledge Anyone who advocates for automation in AP is likely to meet resistance, since AP tends to be conservative, paper-based, manual, and subject… Read More

As a company expands, growing pains are inevitable.

Do these challenges sound familiar? 

  1. Vendor relationships are vitally important;
  2. Regulatory risks and potential fines rise;
  3. Fraud and abuse
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Source-to-pay (S2P) automation is undergoing a resurgence that will inevitably manifest over the next decade. Technologies such as robotics and AI, as well as advances in data collection and

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WF_527703_IOFM19_Hyland_WP_mockup_LR.jpg.small.300x300.jpegMost of an organization’s cash passes through the hands of accounts payable, so you’d assume AP would have deep insight into the company’s financial well-being. However, without

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Q. I'm a new member of IOFM. I'm starting to research OCR solutions. Does anyone use OCR with… Read More

Once thought of as a back-office cost center, accounts payable (AP) is continuing to prove its substantial influence on the overall health of an organization. You’re ready to eliminate

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New process excellence techniques and technologies now offer smart, quick ways to improve DPO, and demonstrate to your manager the impact on working capital.  You no longer need to change

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The interdependence between the physical and the financial supply chain is growing. As supply chains become more complex, they are constantly stressed with change, the demand for operational

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