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! 

Buying goods and services seems easy.  But onboarding and registering vendors is not so easy for most organizations, especially those that try to manually complete the process.  The drives

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Q. Do you have any figures on what the average OCR costs are? We were given an estimate by our… Read More

Buying automation tools too early can be worse than not buying them at all. That’s the takeaway of a recent study of more than 200 AP departments conducted by IOFM.

IOFM’s latest

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Due to Covid-19, business all over the world quickly underwent digital transformations. Automation helped, but AP teams are still facing challenges. Making your AP automation robust is the need of

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2020 was the tipping point for paying suppliers electronically.  Most organizations now make most of their payments to suppliers electronically.  And 80 percent of organizations expect to

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Q. I'd be interested to hear from the Panelists: What challenges have you (or AP in general)… Read More
The ability to lead through change is particularly important when trying to overcome the double hurdle of an automation implementation. AP managers are often challenged with: Management resistance… Read More

Even in the best of teams in the best of times, change is inevitable and can cause conflicts. And when it does, conflict management is a skill that leaders must be able to employ to help foster a

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Suppliers play an essential role in the invoicing process. Unfortunately, relationships with suppliers can become strained if frequent corrections are needed on POs or invoices, if suppliers are

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The Path to Successfully Automating Accounts Payable 

While it’s no secret that automation can play a significant role in improving your AP department’s performance, how do you know

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