Career Development

What I Wish I Knew Before Taking on an AP Leadership Role

Lessons and Insights from Experienced Managers

Any seasoned AP leader will tell you that there were important lessons or skills that they wished they had learned before stepping up to a managerial

Smart Leaders Use 'SMART' Tactics to Develop AP Goals

The “SMART” method is something many management consultants recommend to leaders to ensure they are setting effective goals and objectives. Although there is some disagreement about who… Read More

Certification Leads to Higher Pay, Greater Leadership Opportunities

Earning professional certification credentials can increase your salary, suggests a recent IOFM survey of AP professionals. The research shows that certified AP specialists earn an average of 11… Read More

12 Ways to Wrap Up the Current Fiscal Year While Preparing for the New One

In most organizations, the financial operations department is faced with demanding and competing priorities for the last several months of the current fiscal year and the first couple months of the… Read More

A Roundtable Discussion on Recruiting, Hiring and Retaining Good People

IOFM invited financial operations leaders to participate in roundtable discussion on recruiting, hiring, and retaining qualified AP professionals. Here is an overview of their exchange: 1. Have any… Read More

Ice Cream Sundaes and Hands-on Leadership

Judy Bicking and Linda Sisko share ideas for motivating your AP staff. - In an IOFM poll, 50 percent of the respondents said that morale in their AP department was "good" or "great." That puts AP… Read More

How to Use Salary Surveys to Lure and Keep Good AP Workers

Salary surveys are extremely useful because they help make sure you are offering salaries that are competitive in the marketplace. Otherwise, you risk losing good AP workers, and you can have trouble… Read More

Close the Books Without Closing Down the Department

Every month, it's the same thing. After weeks of struggling to keep up with invoices, expense reports, vendor file maintenance, and all the other responsibilities of running an accounts payable

Every month, it's the same thing. After weeks of struggling to keep up with invoices, expense reports, vendor file maintenance, and all the other responsibilities of running an accounts payable… Read More

I am looking for an AP employee business case form to promote an employee.

Q. (cont.) I'm looking for a general template for promoting an AP staffer, specifically from AP

Dyncorp's P2P Training Program Cuts Cycle Time by 2 Weeks

James Lallande, a senior AP manager for government contractor Dyncorp International, received a mandate to improve the company's cash flow position. This was no easy task, since his AP department