Friday 17th May 2024,
Payables Place

Best Practices

Why Supplier Enablement Programs Matter

Why Supplier Enablement Programs Matter

Why do some supplier eInvoicing and payment initiatives succeed while others fail? The answer usually comes down to supplier enablement. Adoption is key for any program to succeed and those that do the upfront work to get suppliers onboarded are the ones that achieve the most success in terms of invoices being submitted and payments [...]

May 20, 2019 Ardent Partners Analyst Team Best Practices, Process 0

Creating a Framework to Address E-Invoicing in the U.S. – A Conversation with Todd Albers of the Federal Reserve Bank of Minneapolis

Creating a Framework to Address E-Invoicing in the U.S. – A Conversation with Todd Albers of the Federal Reserve Bank of Minneapolis

I recently had the opportunity to connect with Todd Albers, Senior Payments Consultant at the Federal Reserve Bank of Minneapolis about creating a framework to address E-Invoicing in the United States. Todd will be giving a session on this topic on May 14th at the Exchange Summit Conference in Miami and I thought this would [...]

May 8, 2019 Ardent Partners Analyst Team Best Practices, Event 0

Four Supplier Management Best Practices

Four Supplier Management Best Practices

Business pressures and needs have changed over the past five years such that product lifecycles are shorter and market swings are wider than ever before. The pace of business has increased to the point where many enterprises realize that they can no longer afford to go it alone. At the same time, Ardent Partners research [...]

May 6, 2019 Ardent Partners Analyst Team Best Practices 0

Designing, Pitching & Executing Elegant eInvoicing Strategy – Lessons Learned Firsthand

Designing, Pitching & Executing Elegant eInvoicing Strategy – Lessons Learned Firsthand

I recently had the opportunity to connect with Chauncey St. John, Senior Customs Operations Manager and former Global Process Leader Healthcare, Source-to-Pay, GE Global Operations USA, about designing, pitching, and executing an eInvoicing strategy. Chauncey will be giving a session on this topic on May 14th at the Exchange Summit Conference in Miami and I [...]

April 24, 2019 Ardent Partners Analyst Team Best Practices, Event 0

Final Thoughts on Corporate Culture and Technology Adoption

Final Thoughts on Corporate Culture and Technology Adoption

Two companies, a similar task, different corporate cultures, and diametrically opposite results. Over the past few weeks, we presented a case study on the specific experiences of two rival companies and their implementations of similar supply management technology suites. Specifically, we looked at the impact that the existing corporate culture had on the implementation and overall [...]

April 22, 2019 Ardent Partners Analyst Team Best Practices, Process, Technology 0

The Future of eInvoicing, eFactoring, and Blockchain in Africa

The Future of eInvoicing, eFactoring, and Blockchain in Africa

I recently had the opportunity to connect with Mario Fernández, CEO at Gosocket about the ‘Kenyan Project’ in Africa. Mario will be giving a session on this topic on May 14th at the Exchange Summit Conference in Miami and I thought this would be a great opportunity for our user community to learn more about [...]

April 19, 2019 Ardent Partners Analyst Team Best Practices, Process, Solutions 0

Corporate Culture and its Impact on Technology Adoption – Results

Corporate Culture and its Impact on Technology Adoption – Results

According to authors P. Montana and B. Charnov (in the 2008 edition of their book, Management) by way of Wikipedia, Corporate culture is defined as the “total sum of the values, customs, traditions, and meanings that make a company unique. Corporate culture is often called ‘the character of an organization,’ since it embodies the vision of the company’s founders. [...]

April 15, 2019 Ardent Partners Analyst Team Best Practices, Process, Technology 0

Top Trends and Value Drivers for AP and Procurement: Automate and Collaborate

Top Trends and Value Drivers for AP and Procurement: Automate and Collaborate

The way enterprises do business has changed significantly over the past 15 years, and these shifts – in communication technologies, in business-to-business (B2B) commerce, and in financial tools, among others – have impacted few departments more completely than procurement and accounts payable (AP). As a result of today’s evolving business landscape and a focus on [...]

March 20, 2019 Philip Bartolini Best Practices, Process, Research 0

Ardent Partners’ AP Metrics that Matter eBook Preview

Ardent Partners’ AP Metrics that Matter eBook Preview

[Editor’s Note: Today’s article is a preview of our upcoming, Ardent Partners’ Accounts Payable Metrics that Matter in 2019 eBook. Be sure to check back next week when we publish the results.] As modern businesses progress deeper into the digital realm and away from manual, paper-based processes, their automated systems are capturing an increasing amount [...]

February 13, 2019 Philip Bartolini Best Practices, Research 0

Monday First Thing: What Can Machine Learning do for Accounts Payable?

Monday First Thing: What Can Machine Learning do for Accounts Payable?

Many of the technology innovations that will carry Accounts Payable (“AP”) departments and ePayables solutions into the future have already largely arrived. AP and finance leaders that keep an eye on the horizon will most likely already recognize some of the advancements that are pushing AP automation solutions into the future, and create ever-greater efficiencies [...]

February 11, 2019 Ardent Partners Analyst Team Best Practices, Process, Technology 0