Best Practices

As the title of our recently published report, ePayables 2016-2017 Technology and Innovation Outlook states, the report examines the AP Automation market, discusses current trends, and presents an outlook as to the impact that today’s solutions will have on the management of invoice and payment processing for 2017. Innovative technologies can, and frequently do, have a dramatic [...]

I recently published the new 2016-2017 ePayables Technology and Innovation Outlook, which examines the AP automation market to provide readers with a “technology and innovation outlook” for 2016-2017 that will help them understand the impact of today’s progressive solutions on the management of invoice and payment processing. The report also focuses on the technologies that [...]

Congratulations! If you’ve read the links below, you have successfully completed CPO Rising’s ePayables Study Hall course, an immersion program focused on AP Automation and Transformation. The Challenges The Opportunities The Approach The Metrics More Metrics For those of you who missed the course material, here’s a cheat-sheet: Why should someone in procurement care about [...]

ePayables Study Hall – More Metrics Today we’ll look at the other key metrics (besides the average cost per invoice discussed last time) that can help an AP department better understand its baseline performance and better make a case for transformation. For the purposes of this series and this article, I am focusing on the [...]

We continue to build out our ePayables Study Hall series with this article focused on how to begin a push for AP transformation or “The Approach” (The first two articles are found here –  The Challenges and The Opportunities). You can also select the ePayables tag to see all of our articles on the topic. As a [...]

We continue to build out our ePayables Study Hall series with this article focused on the various performance metrics by which a typical AP department is measured (The first three articles are found here – The Challenges, The Opportunities, and “The Approach”). You can also select the ePayables tag to see all of our articles on the topic. As a reminder [...]

ePayables Study Hall – The Opportunities Last time, the ePayables Study Hall series began with a look at some (but, not all) of the key challenges facing the average accounts payable (AP) organization and the industry as a whole (Part one is found here). Today we continue with a look at some of the largest [...]

Over the next few weeks, we will spend some time focusing on ePayables by presenting an educational series– an “ePayables Study Hall,” if you will – that is intended as a reference and on-going resource for the stakeholders and other professionals who intersect with AP, but are not permanently a part of the function. Think [...]

Not Your Father’s Treasury Department The finance department in many enterprises has an unofficial hierarchy among functions. Near the top is the corporate treasury team, which is tasked with ensuring the enterprise has enough cash on-hand to cover ongoing operations and required business investments. But just like CFOs and Chief Procurement Officers, who have seen pretty [...]

Several layers of today’s accounts payable (“AP”) function have gone unnoticed in recent years. As modern organizations continue to look internally for competitive advantages, they will soon realize that taking a strategic approach towards more tactical measures, such as those inherent to AP, can drive considerable value beyond basic cost efficiencies. In the contemporary business [...]