Automation

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Scanning Turns Paper Invoices Into "E" Data—and AP into "Accounts Paperless" by Judy Bicking, IOFM Senior Trainer Scanning technology and workflow present a huge opportunity to gain control over… Read More
Let’s face it: Closing the books tends to be a low-tech process, regardless of the automation level in other parts of your financial process. For many—if not most—AP professionals, year-end… Read More
When implementing an automated accounts payable solution, a large part of your role is to keep the project contained, manageable, and transparent. CEOs and CFOs want assurance that the implementation… Read More

In the next three years, three-quarters of AP leaders say their departments will play a more strategic role inside their organization. Are you ready?

A new joint study by IOFM and Esker has found

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If you’re considering an automation project but aren’t sure where to start, there are several preliminary steps to consider. One that’s absolutely essential is that of obtaining a sponsor, or… Read More

Artificial intelligence.

Pick up a trade publication.  Attend an industry trade show. Listen to a webinar. Almost every new technology solution seems to have some element of artificial

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Capturing EarlyPay discounts is traditionally reserved for mature AP functions after years of investment in automation -- but it doesn’t have to be.

For every $1 billion in PO spend,

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Many accounts payable automation implementations are plagued with budget overruns and less-than-ideal outcomes. These setbacks can occur when AP processes and procedures are not mapped, analyzed, and… Read More

By Pam Miller, APMD

Overcome Resistance With Knowledge

Anyone who advocates for automation in AP is likely to meet resistance, since AP tends to be conservative, paper-based, manual, and subject to

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As a company expands, growing pains are inevitable.

Do these challenges sound familiar? 

  1. Vendor relationships are vitally important;
  2. Regulatory risks and potential fines rise;
  3. Fraud and abuse
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