Billing

AP/AR Netting: Is It Right for Your Organization?

In situations where companies both buy and sell from the same organizations, there’s an opportunity to increase efficiency while cutting costs. That strategy is called “AP/AR netting.” Netting… Read More

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.

Delayed goods receipts

Q. How do delayed Goods Receipts by customers impact timely payments? (This question can refer to Net Terms or actual receipt of merchandise.) Background Information: For our company, we have… Read More

Standardized invoicing

Q. A challenge for U.S. financial operations is that the United States has no standards for how suppliers should submit invoices, An organization called “The Business Payments Coalition”… Read More

AR portal specialists

Q. To my understanding, an "AR portal specialist" is a role on AR teams that is tasked with uploading invoices to portals like Ariba, Coupa, Tipalti, et cetera. To my understanding, Ariba and Coupa… Read More

2021 Update: Business Payments Coalition E-Invoicing Framework

In September 2021, the Business Payments Coalition (BPC) published E-invoice Exchange Framework: Requirements for Oversight. BPC, a group of volunteers dedicated to increasing the adoption of… Read More

Order-to-Cash Solution Consultant Certificate Program (AOCSC) – Self-Study Online Course

Course Description

The Order-to-Cash Solution Consultant Certificate Program (AOCSC) trains vendors to speak the language of their clients in the order-to-cash space. The program covers all areas

Order-to-Cash Manager Certification (AOCM) – Self-Study Online Course

Course Description

Managing cross-functionally brings a unique set of leadership challenges. This course highlights best practices from organizations that have aligned O2C, sharing actionable

Order-to-Cash Specialist Certification (AOCS) – Self-Study Online Course

Course Description

While every organization has an O2C process (fulfillment of orders, assignment of credit lines, applying cash received and collecting invoices that are past due), most are