Automation

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!

Choosing an AI Vendor: 7 Questions to Ask Before Investing in a Solution

Leveraging artificial intelligence (AI) in business processes is an obvious value add. However, searching for the right AI solution for your organization can be tricky and more nuanced than you might

The Definitive Guide to Driving Electronic Payment Adoption

With an ever-growing number of payment options on the market, choosing the right method for vendor transactions is essential to ensuring strong relationships, timely and accurate transactions,

Artificial intelligence robotic hand holding a digital rendering of a globe

How Intelligent is Your AP Process?

After years of unprecedented market challenges, top business leaders are adopting Artificial Intelligence (AI) to increase efficiency across their organizations. These solutions provide innovative

IOFM Members rely on “Ask the Expert” whenever they’re stumped. IOFM's tax experts are standing by, ready to answer your 1099 compliance questions. And a panel of more than 100 AP practice leaders are also on call for your next best practice question.

Commodity codes in P2P systems

Q. Currently, we utilize ARIBA for our P2P process. It requires the user to select a commodity code… Read More

The Three F’s of a Supplier Portal: Fraud, Fatigue, and Future

Prevent fraud. Protect suppliers from fatigue. Prepare for the future. These are all things that are critical for business success, and they are all things that accounts payable has a big impact on.

Oracle Cloud or Workday implementations?

Q. Has anyone on the Advisory Panel who is in the higher education field implemented Oracle Cloud… Read More

Passive invoice approval threshold

Q. What invoice dollar value do you allow to be auto-posted by your system? I'm looking for… Read More

Preventing Payment Fraud: The New Standard in Bank Account Change Controls

Learn how new bank account change controls are being deployed to match the sophistication of fraudsters. In this webinar, we will share the top 10 Bank Account Change Controls from worst to most

IOFM Virtual Town Hall Meeting: Where AP Goes from Here -- What AP Leaders Need to Do Next

Finance leaders are facing stiff economic headwinds – rising interest rates, sky-high inflation, a challenging labor market, and unpredictable supply chains.

It will be up to accounts payable

Commercial Compliance Audit: Moving from Reactive to Proactive

Most audits look to recover cash months and even years after a business has made the payment. However, implementing a proactive auditing strategy can have several benefits which includes preventing