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Thinking Like a CFO

Of course, every CFO is different. But translating AP benefits into CFO benefits begins with an understanding the three things every CFO wants: 1. Increased

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Preparing the Business Case

Let’s talk about the actual process of building the business case. The first phase of business case building, preparation, is a three-step process. Step 1:

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When making a case for a change that involves expenditure of the organization’s money, it’s a good idea to first craft a cost-benefit analysis (CBA). Simply put, a CBA weighs the benefits of such… Read More
Shrewd shoppers understand the importance of not buying from the first store you visit. It's important to shop around for the best value. There are few things worse than an acute case of buyer's… Read More

This template provides a worksheet to accumulate vendor RFP data and rank results. Microsoft Excel

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by Royce Grayson Morse, IOFM Managing Editor

Whether you’re asked to participate in information gathering prior to your organization purchasing a vendor solution for process improvement, or

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by Royce Grayson Morse, IOFM Managing Editor Whether you’re asked to participate in information gathering prior to your organization purchasing a vendor solution for process improvement, or… Read More

This is a sample template for a request for proposal (RFP); customize to your specifications. Provided courtesy of Wake Forest University.

Microsoft Word

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Q. I am wondering if your panelists could provide me advice or resources regarding front-end… Read More
by Jess Scheer, Executive Editor - Why Go Through All These Steps? One of the most common, and expensive, mistakes made when trying to improve performance is investing in a technology solution too… Read More
by Jess Scheer, Executive Editor Step Three: Visualize the Process This step is about “seeing” the process from at least three dimensions: What’s the order in which the work takes place? Who… Read More

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