Automation

How AP Can Leverage the Current Economic Challenges 

It’s impossible to look at the news without seeing alarming reporting about rising inflation and the predicted recession. Combined with

Month-end close typically fills financial professionals with dread. They need to post accruals for unsettled transactions, reconcile balance sheet accounts, generate last-minute invoices or post

Few accounting tasks are as important as the financial close.

A slow or inaccurate financial close can:

• Waste employee time
• Stand in the way of a company’s growth
• Damage a company’s

AP has a reputation as being slow to change. 

But the past three years have brought seismic shifts in the way that AP operates.

• New ways of working
• New technologies and approaches to

The AP function is critical to the growth and success of a business

Efficient and effective payables operations:

• Hold down costs
• Solidify the supply chain
• Free up cash to reinvest in the

Despite disrupted supply chains, hybrid work environments, and the great resignation, today’s business executives expect their finance teams to sustain regular output levels and keep the

In an era of labor shortages, supply chain disruptions and rising inflation, business leaders are shifting their focus to operational efficiency to help maintain margins and profitability — and

While benchmarking is a tried-and-true method for process improvement, many organizations feel they don’t have the time or expertise to take it on. In this webinar, IOFM Managing Editor Royce

The accounts payable (AP) function experienced another immensely transformative year in 2022.  Companies are spending at record rates and asking AP professionals to work faster and more