Leadership

Are You Wasting Too Much Time Processing Transactions?

A 2017 report from APQC, a business benchmarking and research firm, reveals that we’re still spending too much time on transaction processing.

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While thought leaders recommend moving AP and AR… Read More

Heed the 5 Ps—Proper Planning Prevents Poor Performance

By Pam Miller, APMD Many organizations have robust and detailed disaster recovery plans. Others have no formal plan but have outlined potential responses for critical functions like AP. What is the

AP Is a 'Mini Everything'

By Pam Miller, APMD - In many organizations, AP is a microcosm of the entire organization. It is a mini IT department, a mini compliance department, a mini tax department, a mini purchasing… Read More

Invoice Processing Work Distribution Management

This month, Beth R. Hinten, APS, Accounts Payable, CBC Companies, Inc., asked about how various organizations staff their AP operations, distribute the workload, and cope with lulls and busy times.… Read More

Cash Conservation Tips

While there are many opportunities to conserve cash within an organization, our question this month focuses on AP’s role in cash conservation. IOFM asked members of the network: In what ways can… Read More

What Makes a Good Boss, and How Do You Become One?

By Pam Miller - Studies show that people leave bosses, as opposed to leaving jobs or organizations. Interestingly, it is often skilled and valuable employees who leave, because they find it easier… Read More

Three Keys to Make Your Next Security Project Live Up to Its Promise

A security project, once implemented, is unlikely to meet every expectation or exactly match the design phase vision—but you certainly expect it to be close. You can’t afford—after an

Controller and Chief Compliance Officer: A Valuable Partnership

Controllers are naturally concerned with risk—particularly when it comes to misuse of company funds. A key part of their job is to ensure that all the necessary financial controls are in place to… Read More

12 Ways Accounts Payable Can Ease Your Company’s Cash Flow Woes

Any effective cash management strategy must include consideration of the accounts payable function. Unfortunately, the tactic most companies employ as soon as cash gets tight is for upper management… Read More

Controller as Strategic Partner

Controllers and other finance leaders are increasingly being called upon to play a more strategic role in their organizations. Often, however, they are given little information about exactly what is