Payment

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Q. How are large organizations handling supplier statement reconciliations? As my transaction… Read More

Course description

You’re required to do more with less – process more invoices with fewer people, inadequate automation technology and sometimes misaligned operational functions. This

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Q. What are the payment terms that most companies use in the pharmaceutical industry? 30 days, 60… Read More
Q. I am in the midst of writing a new policy specific to prepayment or cash in advance payments… Read More
Q. If we issue payments to consultants and speakers through Zelle or PayPal, who is responsible… Read More
Q. We are evaluating the possibility of combining our two cards to one card (and potentially… Read More
A term you’ll hear from time to time is “desk-level decision making.” That simply means that each team member is making their own decisions about their process and priorities. As an example,… Read More

This template offers a sample blank invoice with important fillable fields included, and a tab that displays that template with sample data filled in and associated callouts.

Microsoft Excel

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We asked the IOFM Advisory Panel to weigh in on what comprises the perfect invoice. Our goal was to come up with a guide for both AP and AR to follow, with the objective of creating a document that… Read More
Are you trying to determine what is holding up your invoices and why they are aging? To get to the source of the problem, take these four steps: 1. First, determine both what is holding up the… Read More

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