Tuesday 22nd August 2017,
Payables Place

Process

Driving Value Through a Connected P2P Process – Part I

Driving Value Through a Connected P2P Process – Part I

We discuss the Procure-to-Pay (P2P) process frequently on Payables Place because of its central importance to CFOsand AP operations. We also see it is as a “Hot Button” issue for AP groups in 2014, as noted in this article. P2P processes involve the various stages of a business’ transactions with its supplier and these processes [...]

January 27, 2014 Andrew Bartolini Process 0

The Dynamic Trio – Tradeshift

The Dynamic Trio – Tradeshift

This is the last is a series of articles focused on new technology providers and their capabilities around dynamic discounting. The first article on Taulia can be found here and for the second on C2FO click here. Today’s focus will be Tradeshift and although I’ve covered Tradeshift before, this discussion will provide some insights in [...]

November 5, 2013 Vishal Process, Technology 0

AP Technology Part 2: eInvoicing & Networks

AP Technology Part 2: eInvoicing & Networks

Based on research from Ardent’s latest report – ePayables 2013: AP’s New Dawn eInvoicing solutions remove paper from the AP process by creating invoices electronically and maintaining that format through the validation matching, and approval processes. While an eInvoicing solution is deployed by the buying organization, it requires participation from the supplier base to become [...]

August 15, 2013 Vishal Process 0

The B2B Network Landscape: Payments (Part 3)

The B2B Network Landscape: Payments (Part 3)

This is the third in our business network series, Part 1 focused on European business networks while Part 2 focused on networks that have a specific vertical focus. Today’s article will discuss the networks that focus on enabling payments to be made between trading partners. As we think about the method in which payments are [...]

April 8, 2013 Vishal Process, Solutions 1

AP + Treasury = Working Capital Optimization

AP + Treasury = Working Capital Optimization

As we think about the entire ePayables Framework (i.e., Receive, Process and Pay), it is during the “Pay” phase of the process that AP can work closely with treasury and finance to develop more sophisticated payment strategies and implement processes to optimize working capital (however, it should be noted that the efficiency and accuracy of [...]

August 22, 2012 Vishal Best Practices, Process 0

AP Metrics – Where Does Your Organization Stand?

AP Metrics – Where Does Your Organization Stand?

For an accounts payable department, efficiency, effectiveness, and accuracy are key to its function and responsibilities within the enterprise. An AP department that lacks these attributes may result in suppliers not getting paid on time, errors within invoices and payments and overall delays in the procure-to-pay process. Establishing and measuring relevant metrics is an important [...]

August 16, 2012 Vishal Best Practices, Process 0

Paper: Would You Bet on It or Against It?

Paper: Would You Bet on It or Against It?

Some years ago, the data capture market consisted of companies such as Kofax, Brainware, Captaris, DataCap, and Captiva, among others. Some of the companies in the space were sizable, many were small, but almost all were independent companies focused specifically on data capture. The current market has changed quite a bit with many of the [...]

July 24, 2012 Vishal Process, Technology 1

Ten Benefits of a High Performing Procure-to-Pay Program

Ten Benefits of a High Performing Procure-to-Pay Program

The results of Best-in-Class organizations show that an investment in Procure-to-Pay (P2P) can pay large dividends, while the relentless pressure on bottom-line performance makes a P2P investment all, but necessary, for most groups. Yet, the speed and level of returns from a P2P initiative can and do vary widely. Competing short-term initiatives from distinct organizations [...]

June 28, 2012 Vishal Process 0

Our View of the AP World

Our View of the AP World

As this is the first article after yesterday’s launch, I thought it best to start off by providing our view of the accounts payable world. At Ardent, we use the term ePayables to describe the various solutions and services that automate all or part of the AP process and in case you were wondering, yes, [...]

June 19, 2012 Vishal Process 1