Today on Payables Place, we’re sharing a listicle from CPO Rising that focuses on the CFO and gaining value from a top-performing AP operation. Every Friday, CPO Rising features its CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. [...]
April 19, 2023
Andrew Bartolini
Best Practices, Process
Ardent’s FinTech Influencer Series highlights innovative voices in the world of Accounts Payable (“AP”) automation. This series is the go-to spot for progressive thoughts on how technology, transformational thinking, and revolutionary ideas are changing how AP work gets done. Continuing our FinTech Influencer Series, today we are speaking with Todd M. Albers, Senior Payments Consultant, Federal Reserve Bank [...]
April 7, 2023
Ardent Partners Analyst Team
Best Practices, Process, Technology
The Accounts Payable (AP) profession has been around for a long time and is a vital component of any organization. AP professionals are responsible for ensuring that all invoices and bills are paid on time, and that the company’s financial records are accurate and up-to-date. However, many people underestimate the value of the AP profession [...]
March 30, 2023
Andrew Bartolini
Best Practices, Other, Process, Technology
Editors Note: This article by Andrew Bartolini, Chief Research Officer and Founder of Ardent Partners, first appeared December 6th on our sister site, CPORising Chief Procurement Officers face a myriad of supply risks from supplier insolvency to union strikes to geopolitical crises to inflation. However, one area of risk that has spiked in recent years but has [...]
December 12, 2022
Andrew Bartolini
Best Practices, Other, Process, Research
A successful P2P project can start in many different areas and travel many different paths; but, before an enterprise begins its P2P journey, it should have a sense of where it is going and what it is trying to achieve. Crafting the right plan or blueprint at the outset of a P2P project will help [...]
October 20, 2021
Andrew Bartolini
Best Practices, Process, Technology
Ardent Partners is excited to announce a new “Fireside Chat” online event scheduled for this Thursday, June 17th at 1 PM ET. The opportunity for digital transformation in Accounts Payable (“AP”) has never been more appealing or necessary; it has also never been easier. Broad improvements in functionality, usability, cloud technology, integration, costs, and general [...]
June 15, 2021
Philip Bartolini
Event, Process, Research, Technology
Shannon Adler, inspirational author, once said “If you don’t believe the impossible can happen, then you are right.” The AP team faces several key obstacles on the road to achieving greater relevance and impact within the enterprise. These include exceptions, the high cost of invoice processing, the length of time it takes for an invoice [...]
February 1, 2021
Ardent Partners Analyst Team
Best Practices, Process, Technology
Warren Buffet, the legendary investor once said “Someone’s sitting in the shade today because someone planted a tree a long time ago.” What does this have to do with Accounts Payable? Everything. Now is the perfect time to look forward and plan what you want AP to look like tomorrow and into the future. Developing [...]
January 25, 2021
Ardent Partners Analyst Team
Best Practices, Process, Solutions, Technology
Accounts payable excellence is founded on the critical, day-to-day components of its operations, processes, and overall program management. As AP departments seek to advance their position and improve performance, it needs to take certain steps in order to enable this transformation. The following strategies will support greater success as the enterprise ensures continuity, builds resilience, [...]
January 19, 2021
Ardent Partners Analyst Team
Best Practices, Process, Research, Technology
In a world where the speed of business increases moment-by- moment, and new competitors lurk around the next financial statement, it is imperative that enterprises of all sizes take a hard look at how they pay suppliers. The simple fact of the matter is that there is significant untapped value in the financial supply chain, [...]
November 2, 2020
Ardent Partners Analyst Team
Best Practices, Process, Research, Technology