Mission & Vision

Over the past year, the pandemic transformed Accounts Payable practices, procedures, workplaces, interactions, and team relationships. Yet despite numerous challenges, Accounts Payable survived and… Read More

 Phase #2: Standardize and Specify How the Work Gets Done

Step 3: Standardize Roles and Responsibilities

Identifying how the process should run, and by whom, is crucial to driving improvements

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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 department,

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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

A chilling observation from Disaster Recovery Planning (disaster-recovery-planning.org) reveals that “a company that is denied access to mission-critical data for more than 48 hours will be out of

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By Wayne Smith An organization's debt management strategy should be linked closely to its cash management strategy. The amount of short-term debt a company can manage is a function of projected cash

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Controllers who are looking for ways to deliver higher service value while spending less need look no further than recent research by The Hackett Group. In The World-Class Performance Advantage:

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When business is “going gangbusters,” it can be tempting for even the most conscientious controller to overlook instances of inefficiency and waste. But good times are the right times for

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If an organization’s operational planning process is haphazard, there’s no way that company will be able to effectively set or meet critical strategic finance goals. To find some tips to help

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By Mike Sbrocco, Director of Finance/Controller, Junxure The image of the bean-counting, number-crunching controller has become a thing of the past. Over the last decade, there has been a notable

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