Leadership

August 2021: The Aging Workforce

Metric of the Month: The Aging Workforce

According to recent IOFM benchmarking data, many organizations are dealing with AP teams approaching retirement age. In the coming five-year period,

Two Important Management Skills to Master: Delegation and Empowerment

By Pam Miller, APMD Managers who have mastered the arts of delegation and empowerment are likely to find that their staffs outperform those of managers who have not done so. Delegation is an… Read More

Thought leadership on AP challenges

Q. Do you know of any resources that highlights statistics from a survey on the challenges that AP departments are facing today? Example, the Censuswide released a survey and found that 72 percent… Read More

Training resources for basic AP information

I'm trying to locate information to use in a presentation on A/P. For lack of a better description, AP 101 to teach a group of people not experienced in A/P what end to end looks like, etc. Can you… Read More

Numbers and Statistics Don’t Address the People Side of AP

By Pam Miller, APMD Most AP departments are staffed by a group of people who may or may not have anything in common besides the fact that they work in AP. AP staffers may be young with little actual… Read More

7 Tips for First-Time Managers

by Royce Grayson Morse, IOFM Managing Editor - Being a successful manager doesn’t just involve managing a process—it involves the management of the people who get the work done. We’re all… Read More

July 2021: Cost Per Invoice

Something we’ve been talking a lot about lately is “type of decision-making.” This simply refers to how decisions are made about processing AP work. Do the individual processors

Accounts Payable Manager Certification (APM) – Self-Study Online Course

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

Team motivation and incentives

Q. My department is short-staffed, and our company acquired two organizations this year. My group has been working very hard with our workflow. I was wondering if the Advisory Panelists could share… Read More

AP team structure

Q. I am working on updating my team's job descriptions. Currently, I have two Senior AP Associates, and two AP Associates. Besides our regular AP tasks, the team manages a Freight Audit vendor, two… Read More