Payment

AP and AR often seem to be at cross-purposes—yet they have a lot in common. Both AP and AR

… Read More

On Monday, June 29th, from 12 p.m. to 1 p.m., IOFM conducted a Community Call with Financial Operations professionals whose organizations have low invoice volumes. The Zoom call was moderated by… Read More

Suppliers are in a bind. With COVID-19 still taking a massive toll on businesses throughout the U.S. and beyond, getting paid is of paramount importance. With their customers short on cash… Read More

On Monday, June 8th, from 12 p.m. to 1 p.m., IOFM conducted a Community Call with Financial Operations professionals in the Healthcare Industry. The Zoom call was moderated by IOFM's Executive Editor… Read More

Q. If we make payments on behalf of our parent company, who has to issue the 1099?  A. (Answered… Read More

These comments were compiled from an online discussion conducted by IOFM with the Advisory Panel on April 8, 2020. Lynn Tate, APM, Accounts Payable and Expense Report Analyst, Urban Science… Read More

These comments were compiled from an online discussion conducted by IOFM with the Advisory Panel on April 8, 2020. Lynn Tate, APM, Accounts Payable and Expense Report Analyst, Urban Science… Read More

Dynamic discounting describes an arrangement between a buyer and supplier whereby payment for goods or services is made early in return for a reduced price or discount. The arrangement includes the… Read More

Are You Missing Out on Millions?

Early payment discounts can mean big savings for your organization. A standard "2 percent 10" invoice discount (the buyer receives 2 percent off for paying within

… Read More

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