Best Practices

The Accounts Payable (“AP”) function sits in a prime position to become a central hub of value, insights, and intelligence for the average enterprise. AP and finance professionals that either own or comprise the AP function should always be looking ahead and understanding ways to provide more business value. As Ardent Partners’ research shows, more [...]

Ardent Partners’ annual State of ePayables 2017 survey is now live – P2P professionals are invited to participate in this annual study. Complete the survey and get the final report (click to take it!) – Thank you!!!  In the past, the role of the AP operation focused primarily on data entry and manual activities. But [...]

Understanding the accounts payable (AP) department’s priorities can be an important first step in improving current AP operations and better aligning the function with core enterprise objectives. Figuring out the best way that those efforts can align with the near- and long-term goals of the AP department is just as important a step for any [...]

Like the designated hitter and the use of sabermetrics in baseball, there are a number of game-changing innovations available to the modern accounts payable (AP) professional that can help get them to the big leagues. These innovations (and more advanced financial solutions) can help change the role of AP within an enterprise from a backroom [...]

The accounts payable (AP) function as a whole is in the midst of an automation transformation. And slowly but surely, the perception of AP is slowly changing as well. It is important for AP departments to continue to spearhead this shift and align the priorities of the AP department with the priorities of the entire business. [...]

Publisher’s Note: Today’s article is a preview from our recent report, Maximizing the Value of Accounts Payable Through Automation and Intelligence, sponsored by Certify. Interested readers can download this report by clicking here. Within the business world, how organizations succeed and grow depends very much on how they are able to energize their traditional, back-office functions into [...]

It is a new year, and in the evolving world of business, where more organizations are automating their processes, it is a wonder why accounts payable (AP) departments lag behind other functional areas in process automation. While manual, paper-based AP processes can “work” for a business, they do not work well enough for the modern [...]

Editor’s Note: This week on CPO Rising, we’re publishing some “best of” 2016 articles as we reflect on the year and prepare for the new year ahead. We also invite you to download our latest AP research report, ePayables: The 2016-2017 Tech and Innovation Outlook Report, available here (registration required). The modern enterprise generates multiple data streams throughout the [...]

Editor’s Note: This week on CPO Rising, we’re publishing some “best of” 2016 articles as we reflect on the year and prepare for the new year ahead. We also invite you to download our latest AP research report, ePayables: The 2016-2017 Tech and Innovation Outlook Report, available here (registration required). The business world is changing. New technologies and dynamic [...]

Editor’s Note: Join us next Tuesday, December 20th at 2 PM EST for a complimentary webinar where Ardent’s Chief Research Officer, Andrew Bartolini, will share our Outlook for AP technology in 2017 including P2P. Register here! Now, enjoy Andrew’s article… It is time to give Accounts Payable (AP) its due as a standalone business process. We frequently [...]