Automation

In February 2023, the Treasury Department and IRS released changes to the electronic filing requirements for information returns. TD 9972 changed the requirements for several tax returns

Digital transformation is a top priority for finance teams but resistance to change often slows progress. Even with the latest tools, 100% vendor compliance with P2P portals is nearly impossible.

Few technologies have generated the excitement of artificial intelligence or AI.

It’s no secret why.  What AP department wouldn’t want to …

… Post more invoices

The email looks official, absolutely genuine.  It’s purportedly from one of your suppliers requesting that you disburse their payments to a new bank account.  An email to the sender

Want solutions for your toughest accounts payable challenges?

Join us for IOFM’s free virtual town hall meeting on October 12^th at noon eastern time.  We'll have a panel of experts on hand

Your relationship with suppliers is built on on-going communications to order, receive, promote and pay for goods and services. Inevitably, throughout the process, errors occur that lead to friction.

Odds are good that fraudsters have tried to trick you into making payment to a bank account that they control. The risk of falling victim to these schemes has grown since companies started relying

Facing economic headwinds and a persistently tight labor market, finance leaders are having an increasingly tough time hiring finance staff with specialized digital skills. According to Gartner, only

Without proper internal controls, accounts payable (AP) practices can expose businesses to significant risks – including those of financial errors, duplicate payments, and potential fraud.

This

How AP Can Help Navigate a Difficult Economy 

Economic indicators are sending confusing messages in 2023. While some experts predict a recession over the course of the next year or so, others