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! 

In today’s economy, many AP teams are adopting a simple, defensive posture: Hold cash for as long as possible. Payment delays, extended terms, and tighter approvals are increasingly viewed as

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According to AvidXchange’s 2026 Economic Sentiment Survey, 86% of finance professionals still say they’re concerned about the economy, and B2B payments are at the center of how they are

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Every organization has controls in place to approve and process disbursements.  But here’s the uncomfortable truth: Many of those controls are focused on how disbursements are made, not

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Most AP departments measure automation success by what got eliminated — things like paper and manual keying. Once those wins are locked in, there’s a natural tendency to declare victory

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From payment status requests to banking updates, supplier inquiries are constant. Managing them manually slows your team down, frustrates your suppliers and increases the risk of important

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For businesses with high invoice volume, friction in the familiar spots in the payments process adds up fast: invoices piling up in the inbox, approvals that stall, too many clicks to keep work

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Verifying international payments has never been more critical or complex. From navigating evolving fraud tactics and ensuring supplier authenticity to maintaining compliance across borders, the risks

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As artificial intelligence tools become increasingly accessible, tax and finance professionals are finding new ways to streamline complex reporting processes, including the often-time-consuming work

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In the last decade, Microsoft has added, changed, and integrated tools in Excel so much that your mid-2000s workflows are absolutely antiquated. The introduction of Power Query changes how we ingest

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For many organizations, the greatest payment fraud risk isn’t a sophisticated cyberattack.  It’s outdated supplier data in the vendor master file.  Vendor records often contain

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