Process

Why do some supplier eInvoicing and payment initiatives succeed while others fail? The answer usually comes down to supplier enablement. Adoption is key for any program to succeed and those that do the upfront work to get suppliers onboarded are the ones that achieve the most success in terms of invoices being submitted and payments [...]

Over the past couple of months I’ve had the pleasure of speaking with many AP professionals at solution provider user conferences, industry trade shows, and via inbound inquiries to Ardent Partners. One thing has become apparent from these conversations, not everyone knows about and understands exactly what Virtual Cards (V-cards) are and how they work. [...]

I hope that even casual readers of our sites know that my firm, Ardent Partners, has spent that past decade performing extensive market research in the areas of sourcing/procurement, accounts payable/payments, and contingent workforce/Future of Work. In that time, Ardent has benchmarked thousands of distinct organizations across all aspects of their programs. With such an extensive [...]

Two companies, a similar task, different corporate cultures, and diametrically opposite results. Over the past few weeks, we presented a case study on the specific experiences of two rival companies and their implementations of similar supply management technology suites. Specifically, we looked at the impact that the existing corporate culture had on the implementation and overall [...]

I recently had the opportunity to connect with Mario Fernández, CEO at Gosocket about the ‘Kenyan Project’ in Africa. Mario will be giving a session on this topic on May 14th at the Exchange Summit Conference in Miami and I thought this would be a great opportunity for our user community to learn more about [...]

According to authors P. Montana and B. Charnov (in the 2008 edition of their book, Management) by way of Wikipedia, Corporate culture is defined as the “total sum of the values, customs, traditions, and meanings that make a company unique. Corporate culture is often called ‘the character of an organization,’ since it embodies the vision of the company’s founders. [...]

Continuing our look at corporate culture and its impact on technology adoption from last week, we now explore Company #2. In Part I of this article series, we introduced you to the highly-disciplined procurement department of a very large company (which we refer to as “Company #1”) with a top-down and authoritative management style and a [...]

In 2019, Ardent Partners is celebrating 10 years of delivering “Research with Results” for AP, Finance and Procurement Professionals, and other readers of our web sites. As you can imagine, over this time, we have produced a wealth of content including subject matter expertise articles, white papers, presentations, eBooks, and much more. This week on Payables Place [...]

Cash management is a critically-important piece of the corporate puzzle. For the continued health of the average business, maximizing cash on hand has become a priority, forcing organizations to seek new strategies and solutions that support this need. Supply Chain Finance (“SCF”) is tailor-made to solve this problem, helping to extend days payable outstanding (“DPO”) [...]

Where does the procure-to-pay (“P2P”) process begin? The answer probably depends on who you ask. Some will say sourcing is the starting point, others will say procurement, and still others might have another answer. However, where the P2P process ends is pretty straightforward, right? It is over once an invoice has been paid, right? Put [...]