Tuesday 22nd August 2017,
Payables Place

Process

Five AP Metrics that Matter

Five AP Metrics that Matter

Building a business case for accounts payable (“AP”) automation is a critical part of transforming the invoice management process. Without a detailed business case that can convince stakeholders to invest in automating the AP function, the unit will remain beholden to time-intensive manual processes that drain enterprise resources. Understanding current AP performance is crucial to [...]

June 23, 2016 Ardent Partners Analyst Best Practices, Process, Research, Solutions 0

3 Reasons AP is Vital to Cash Management

3 Reasons AP is Vital to Cash Management

Accounts payable (“AP”) in the modern age has the potential to become a hub of financial and operational intelligence for the greater enterprise, pushing this once back-office function into new strategic territory. Consider that every transaction that generates an invoice passes through the AP process at some point or other, as well as any supplier [...]

June 8, 2016 Ardent Partners Analyst Best Practices, Process, Solutions, Technology 0

SAP Ariba Live 2016 Case Study: GlaxoSmithKline and the Boulders, Rocks, and Sand of Business Networks

SAP Ariba Live 2016 Case Study: GlaxoSmithKline and the Boulders, Rocks, and Sand of Business Networks

Business networks are web-based platforms that enable interconnected buyers and suppliers to trade, communicate, and collaborate with each other. As a result of this inherent nature, and the drive among enterprises to increase collaboration across the supply chain, business networks have grown in popularity over the past several years. Business networks also allow for process [...]

May 13, 2016 Ardent Partners Analyst Best Practices, Event, Process, Research, Solutions 0

Is Your Dynamic Discounting Solution Best-in-Class?

Is Your Dynamic Discounting Solution Best-in-Class?

[Editor’s Note: Today’s article is from guest author Danny Thompson, vice president of software product management for APEX Analytix. If you have an interest in becoming a guest contributor, please contact us here.] Is Your Dynamic Discounting Solution Best-in-Class?  by Danny Thompson Dynamic discounting modules have been around for some time, and the benefits a buyer’s accounts payable [...]

April 7, 2016 Ardent Partners Analyst Process, Solutions, Technology 0

How AP Can Affect Enterprise Working Capital

How AP Can Affect Enterprise Working Capital

Our annual “State of ePayables” research survey is now open. Your responses will help us establish the Best-in-Class metrics that readers can use to benchmark the performance of their AP operations. If you have a few minutes, I encourage you to click here and take it. Thanks in advance! Accounts payable (“AP”) has a history of [...]

April 5, 2016 Ardent Partners Analyst Process, Research, Solutions, Technology 0

Why Accounts Payable and Treasury are Natural Partners

Why Accounts Payable and Treasury are Natural Partners

The accounts payable (“AP”) team has, in recent years, taken on new importance to the enterprise as a source of financial and operational intelligence. The rich data that AP collects through the course of its normal activities can, when made available to other stakeholders, inform data-driven decision making in a variety of different cases, such [...]

March 10, 2016 Ardent Partners Analyst Best Practices, Process, Research 0

Why Managing Supplier Payments Matters

Why Managing Supplier Payments Matters

Efficiency rules in the modern business world, and cost savings are frequently one of the primary goals of executive leadership. As part of this objective to run an efficient organization, it is vital that the procure-to-pay (“P2P”) team drive as much value from their associated processes as possible. One of many ways to do this [...]

March 3, 2016 Ardent Partners Analyst Best Practices, Process, Research 0

Accounts Payable Predictions for 2016: Greater Collaboration, More Automation

Accounts Payable Predictions for 2016: Greater Collaboration, More Automation

The accounts payable (“AP”) department has experienced a number of changes over the past 15 years. At first little more than a back-office function that processed invoices and supplier payments, AP has garnered new attention from executives looking to drive value from all corners of the enterprise. Enterprises have also begun to recognize the emerging [...]

January 27, 2016 Ardent Partners Analyst Process, Technology 0

B2B Payments 2015: How Remittance Information Determines ePayment Adoption

B2B Payments 2015: How Remittance Information Determines ePayment Adoption

Every year, Ardent Partners publishes several benchmark studies into the accounts payable (“AP”) marketplace. One of those is the annual research effort into the state of business-to-business (“B2B”) payments, called “The State of B2B Payments 2015: Emerging Business Value” this year, which Ardent is proud to announce is now available. The report captures the perspectives, [...]

December 21, 2015 Andrew Bartolini Process, Research, Solutions 0

Who Benefits from AP Automation?

Who Benefits from AP Automation?

Though automating the accounts payable (AP) process most directly benefits the AP team itself—such as eliminating manual activities and allowing for more strategic actions—it’s a mistake to imagine that accounts payable is the only enterprises function that profits from an automated AP workflow. In reality, the entirety of the enterprise stands to gain significant advantages [...]

February 23, 2015 Andrew Bartolini Best Practices, Process, Technology 0