T&E Automation

KPIs and Automation Facilitate Reporting in the Current Economy

Given the fluctuations and uncertainties in our current economy, organizations are looking for actionable ways to improve cash flow and reduce operational costs.

There has been a marked trend toward

IOFM Members rely on “Ask the Expert” whenever they’re stumped. IOFM's tax experts are standing by, ready to answer your 1099 compliance questions. And a panel of more than 100 AP practice leaders are also on call for your next best practice question.

Handling company travel

Q. How do you handle company travel? Do you handle travel in-house with a designated department? Do you outsource it to a travel company, and if so, who do you use? Do you use a full-service program… Read More

T&E and duty of care

Q. Our department manages both travel and accounts payable. I would like to ask the panelists if they use a duty of care automated solution. If they do, what solution do they use? If they don’t,… Read More

Currency converters

Q. We process expense reports with receipts that need to be converted from foreign currencies to USD. AP has been using the currency converter xe.com because it had been the only one we could find… Read More

Accounts Payable Specialist Certification – Self-Study Online Course

Course Description

The course covers AP fundamentals, best practices and regulatory compliance, all of which are necessary to excel in the accounts payable field. This course is the foundation for

Making a Business Case for Automation – Part One

Why You Need a Business Case

As an AP manager, you fully understand all the advantages your company stands to gain by automating its AP processes. And you are no doubt aware of the dozens of success

Overcome Your Fears: Selling Automation to the C-Suite

It sounds scary. While you know you should automate, are you the person who should get the ball rolling? If nobody else will, then it’s up to you—but what do you know about automation? Are you… Read More

Making a Business Case for Automation – Part Three

Preparing the Business Case

Let’s talk about the actual process of building the business case. The first phase of business case building, preparation, is a three-step process. Step 1:

Making a Business Case for Automation – Part Four

Refining the Business Case

Now we come to the heart of the matter—the business case itself. Although there are many acceptable formats, in its simplest form, a business case for a project

Making a Business Case for Automation – Part Two

Thinking Like a CFO

Of course, every CFO is different. But translating AP benefits into CFO benefits begins with an understanding the three things every CFO wants: 1. Increased