Payment

Evaluated Receipt Settlement (ERS) is a methodology that eliminates the supplier invoice from the procurement-to-disbursement process. It is also called auto-payment, and utilizes a two-way rather… Read More

How can you cut back the sheer number of invoices you receive each month—particularly from the same vendor? One easy way to reduce invoice volume is with summary billing.

Summary billing

… Read More

Even though AP professionals still grapple with a lack of support and funding for AP automation, many have found ways to vastly improve processing and ease into automation by streamlining their

… Read More

A common question we are asked here at IOFM involves the volumes of payments seen by other practitioners and how they time those payments. This is a high-level question that requires measurement and

… Read More

Small Business Depends on Timely Payments

Beginning in April of 2017, the U.K. will require larger companies and limited liability partnerships (LLPs) to report average time-to-pay metrics for their… Read More

In recent years, payment industry stakeholders in the U.S. have been collaborating to improve payments efficiency. A quest is underway to achieve the worthy goals of originating and receiving more

… Read More

An AP & P2P Network member recently shared her challenges in paying utility bills. She sent in the following question: At my organization, we spend too much time keying in individual bills each

… Read More

By Lynn Larson, CPCP In Chinese philosophy, two principles—one negative (yin) and one positive (yang)—interact to influence the destinies of people and events. In business-to-business (B2B)

… Read More