Leadership

The ability to lead through change is particularly important when trying to overcome the double hurdle of an automation implementation. AP managers are often challenged with: Management resistance… Read More

If your department has a limited budget — or no budget at all — for team-building, but you want to do something to boost morale and build relationships, what do you do? A member asked us this… Read More

Monica Brooks, Manager of Accounts Payable at Ohio Health, has a unique take on what’s required to drive results. We asked her about the methodology she embraces to get the most from her team—and… Read More

Accounts payable is a department known for team members’ longevity in their roles. In many organizations, it’s a place where people spend their bulk of their careers, eventually retiring from… Read More

Change can be difficult, especially when it comes to an established process like accounts payable. Yet in order to keep up with the times and make your department as effective as it can be, you must… Read More

Making Your AP Team the Best It Can Be

Finding and attracting good talent can be a challenge, but it can be even more difficult keeping your good team members around. Fortunately, you have the power

… Read More

Cash is king. While this phrase has become one of the most worn-out clichés in the business world, it doesn't diminish the truth of the statement. A business is not a business without cash. Cash… Read More

Days payable outstanding (DPO) is a key metric, indicating how many days on average an organization takes to settle its payables. It is used in working capital management. A formula to calculate DPO… Read More

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

IOFM spoke with veteran Accounts Payable professional Angelina Mendez, B.S., who is Sr. Manager of Supplier Finance & Payment at the Fort Dearborn Company. Angelina's passion for transforming AP's… Read More