Leadership

Working from Home: What a Crisis Is Teaching Us About Telework

As the threat of coronavirus spreads and people are being cautioned to “social distance” themselves from one another, a work-from-home strategy is being mandated by many organizations. While AP… Read More

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

Elevating AP's Reputation

Accounts payable not only can, but must become a professional function that contributes to cash flow and favorably impacts a company’s bottom line, says Judy Bicking. Bicking, who managed AP Shared… Read More

Team With Treasury to Improve Cash Management and Forecasting

The increasing emphasis on managing cash and improving forecasting has caused many AP and treasury departments to ramp up their communication and cooperation. Here are some tips provided by… Read More

Four Tips for Plugging Into a New AP Position

by Sheila Velazquez, APM - Job changes have become rather common occurrences in today's workplace. If you find yourself in a new location or position after a promotion, relocation, or job search,… Read More

Cost-Benefit Analysis: The Basics

When making a case for a change that involves expenditure of the organization’s money, it’s a good idea to first craft a cost-benefit analysis (CBA). Simply put, a CBA weighs the benefits of… Read More

RF-What? The Difference Between an RFI, RFP and RFQ

by Royce Grayson Morse, IOFM Managing Editor

Whether you’re asked to participate in information gathering prior to your organization purchasing a vendor solution for process improvement, or

by Royce Grayson Morse, IOFM Managing Editor - Whether you’re asked to participate in information gathering prior to your organization purchasing a vendor solution for process improvement, or… 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