The way enterprises do business has changed significantly over the past 15 years, and these shifts – in communication technologies, in business-to-business (B2B) commerce, and in financial tools, among others – have impacted few departments more completely than procurement and accounts payable (AP). As a result of today’s evolving business landscape and a focus on [...]
March 20, 2019
Philip Bartolini
Best Practices, Process, Research
This week, we continue our journey through Ardent Partners’ AP Metrics that Matter in 2019” (click to download) by looking at another key to success, that being data or information. In 2019, it is no longer ‘good enough’ for Accounts Payable (“AP”) departments to simply be proficient at processing invoices and payments. It is, however, [...]
March 18, 2019
Ardent Partners Analyst Team
Process, Research
Last week on our journey through Ardent Partners’ Accounts Payable Metrics that Matter in 2019 (click to download) we took a look at some of the top challenges plaguing AP. This week I wanted to turn the tables and look at some of the keys to success. Not surprisingly, people, aka your employees, are extremely [...]
March 11, 2019
Ardent Partners Analyst Team
Process, Research, Technology
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. We continue our series today with Matt Clark, President and COO at Corcentric. Ardent Partners: Good [...]
March 6, 2019
Ardent Partners Analyst Team
Process, Solutions, Technology
A couple of weeks ago, we announced the availability of our annual eBook, “Ardent Partners’ AP Metrics that Matter in 2019” (click to download) that I co-authored with Andrew Bartolini. This eBook presents a comprehensive, industry-wide view into what is happening in the world of Accounts Payable (“AP”) today, by drawing on the experience, performance, [...]
March 4, 2019
Ardent Partners Analyst Team
Process, Research
As I’ve written about the last few weeks, Artificial Intelligence, Machine Learning, and Robotic Process Automation are having an impact on Accounts Payable (“AP”), and will continue to do so at an even greater pace moving forward. Today, we are going to take a look at another technology, predictive analytics, which holds great promise not [...]
February 25, 2019
Ardent Partners Analyst Team
Process, Technology
What exactly is Artificial Intelligence (AI), especially as it relates to the world of Accounts Payable (“AP”) and Finance? Today, AI seems to be a ‘catch-all’ term used to lump together so many different things having to do with automation. In far too many conversations I’ve had, and in articles I’ve read, Robotic Process Automation [...]
February 19, 2019
Ardent Partners Analyst Team
Process, Technology
Many of the technology innovations that will carry Accounts Payable (“AP”) departments and ePayables solutions into the future have already largely arrived. AP and finance leaders that keep an eye on the horizon will most likely already recognize some of the advancements that are pushing AP automation solutions into the future, and create ever-greater efficiencies [...]
February 11, 2019
Ardent Partners Analyst Team
Best Practices, Process, Technology
In his first Inaugural address as President of the United States in 1932, Franklin D. Roosevelt said “the only thing we have to fear is fear itself.” When he said this, he certainly wasn’t talking about Accounts Payable (“AP”), electronic payments, and business commerce networks. What FDR was saying that being afraid only makes things [...]
February 4, 2019
Ardent Partners Analyst Team
Best Practices, Process
Earth Day 2019 doesn’t take place until April 22nd, and this blog post might be better suited for then, but the way I see it, the environment is something we should be concerned with all the time and not just one day per year. Some of you are thinking, what does ePayables have to do [...]
January 28, 2019
Ardent Partners Analyst Team
Best Practices, Process, Technology