Process

(Editors note: this article, by Andrew Bartolini, originally appeared on CPORISING.COM on October 9th) In the 2020s, the accounts payable (“AP”) profession will continue to gain momentum and impact business operations and results in an increasingly strategic way. The global uncertainty that pervades today’s market indicates the very real threat of a deep economic downturn. [...]

There are many different theories and models that attempt to explain the complex riddle of how and why users adopt technology. One of the best known is the Unified Theory of Acceptance and Use of Technology (“UTAUT”) established by Viswanath Venkatesh and others (and built upon many earlier studies). This model identifies four main factors [...]

The value driven by the average sourcing team over the last decade has, in many cases, been significant and transformative. But, competitive forces at play in a rapidly changing business environment require that many tried and true strategies must be enhanced if they are to retain their impact. Here are a few ways to unlock [...]

This week we continue our conversation about Accounts Payables’ new agenda.  The new agenda focuses on three steps that include 1) ensuring business continuity, 2) building resilience, and 3) supporting the recovery when it eventually comes. Last week we began by introducing ‘Step One – Ensuring Continuity’. This week we are going to explore the [...]

There will be many lessons learned from the coronavirus pandemic and over the coming weeks and months we will cover and discuss their impact on accounts payable, the financial supply chain and overall business operations.  But, now is the time to face today’s challenges and ensure that AP’s resources are focused on the most important [...]

Last week we took a look at the impact of the COVID-19 pandemic on overall business operations, this week we delve into its impact on AP operations. The pandemic forced stay-at-home restrictions on a majority of workers in North America, Western Europe, Asia-Pacific, and in other developed nations, causing great unrest at the company, community, [...]

  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 Nick Sprau, Co-CEO at Metafile.  Bob Cohen: Welcome [...]

Across the globe, many countries have begun (or are about to begin) the process of “phased re-openings” of their economies, only three months after the COVID-19 pandemic began. In the United States, some regions have been “open” (albeit in highly-restrictive forms) for several weeks, while states and cities that were hardest-hit (such as New York [...]

Some hear the word ‘compliance’ and embrace it, others hear the word and fear it. ‘Compliance’ is a concept that haunts nearly many professional across the greater enterprise, no matter the function: IT, finance, human resources, procurement, and accounts payable. But in reality, there is no reason for dread, to the contrary – it should [...]

The global uncertainty that pervades today’s market indicates a very real threat of a deep economic downturn. In response, the CFO’s new “hierarchy of needs” has placed a laser focus on business continuity and the liquidity needed to fund ongoing operations. Let’s examine a few ways that Chief Procurement Officers can support this top priority. [...]