Career Development

By Pam Miller, APMD One of the major selling points touted by AP automation vendors is that automation will reduce the head count, minimizing the cost of an implementation for an… Read More

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

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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

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

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

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

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

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

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“If there is one thing I would like to tell all leaders at all levels and in all industries,” says author Todd Patkin, in addressing the issue of employee morale, “it’s that you have nothing… Read More