Tuesday 22nd August 2017,
Payables Place

Best Practices

Profile of a Best-in-Class AP Operation

Profile of a Best-in-Class AP Operation

At the moment, Ardent Partner’s research team is completing the annual AP-focused market research report which will be widely available shortly – ePayables 2013: AP’s New Dawn. This report will focus on the evolving role of AP from a back-office function to one that adds- value and supports other functions such as Treasury and Procurement [...]

June 3, 2013 Vishal Best Practices 0

Five Things You Should Know About eInvoicing in the EU

Five Things You Should Know About eInvoicing in the EU

The European Union is by far the most advanced region of the world in its usage and implementation of electronic invoicing standards and regulations. Despite this region’s progress, there is still more to do. Other countries like Brazil, Mexico and Argentina have also made significant progress in establishing regulations around eInvoicing, however, they are very [...]

April 24, 2013 Vishal Best Practices, News 0

Payables Guest – Remove Data Integration Obstacles from your Path to ePayment Efficiency

Payables Guest – Remove Data Integration Obstacles from your Path to ePayment Efficiency

I have the pleasure of welcoming a “Payables Guest” today, Lynn Heitman, Senior Product and Marketing Officer, U.S. Bank Corporate Payment Systems. Heitman’s career in the payments industry spans 24 years beginning with the management of some of the first Affinity credit card programs in the 1980s and since then has worked in several areas of [...]

March 26, 2013 Vishal Best Practices, Technology 1

Payables Guest – Five Simple Steps to Improve Your ePayment Performance

Payables Guest – Five Simple Steps to Improve Your ePayment Performance

In order to continue to provide valuable and insightful content, we decided this year to include articles from other experts in the field on occasion. Today, we have an article from our first “Payables Guest” – Mark Becker, Program Optimization Manager at U.S. Bank Corporate Payment Systems. Most organizations have specific reasons for starting purchasing [...]

January 17, 2013 Vishal Best Practices 0

The SMB of the Future

The SMB of the Future

Today’s article is a brief snippet of a report that Ardent Partners completed for Concur entitled –The SMB of the Future: Start Fast, Then Accelerate For an entire generation, technology has had an extraordinary impact on the lives of countless millions in the home and office. At home, technology and access to the internet have [...]

January 11, 2013 Vishal Best Practices, Technology 0

Why it Pays to Pay Electronically

Why it Pays to Pay Electronically

It was not so long ago that a trip to the grocery store could be ruined by a single action: having the person at the front of the checkout line decide to pay by check (a decision that was seemingly always made at the last second). From an uncertainty in knowing current account balances, to [...]

November 15, 2012 Vishal Best Practices, Research 0

AP + Treasury = Working Capital Optimization

AP + Treasury = Working Capital Optimization

As we think about the entire ePayables Framework (i.e., Receive, Process and Pay), it is during the “Pay” phase of the process that AP can work closely with treasury and finance to develop more sophisticated payment strategies and implement processes to optimize working capital (however, it should be noted that the efficiency and accuracy of [...]

August 22, 2012 Vishal Best Practices, Process 0

AP Metrics – Where Does Your Organization Stand?

AP Metrics – Where Does Your Organization Stand?

For an accounts payable department, efficiency, effectiveness, and accuracy are key to its function and responsibilities within the enterprise. An AP department that lacks these attributes may result in suppliers not getting paid on time, errors within invoices and payments and overall delays in the procure-to-pay process. Establishing and measuring relevant metrics is an important [...]

August 16, 2012 Vishal Best Practices, Process 0

Selecting an AP Automation Solution – Before, During and After

Selecting an AP Automation Solution – Before, During and After

Those of you who have already gone through this process know very well the challenges that arise when building a business case and trying to get approval for a project, during the selection process and after deployment of a solution. The solution selection process has multiple steps that can be difficult and lengthy and it [...]

August 10, 2012 Vishal Best Practices, Research 1

The Art (and Science) of a Good RFP

The Art (and Science) of a Good RFP

The Request for Proposal (RFP) process can be a lengthy and tedious process and if not executed well, can result in serious consequences for the project at hand and its validity.  In most cases, an RFP will be issued once a project has been given the go-ahead by senior management and once a plan has [...]

July 31, 2012 Vishal Best Practices 0