Sunday 25th February 2018,
Payables Place

Research

eInvoicing Stats Every AP & Finance Leader Must See

eInvoicing Stats Every AP & Finance Leader Must See

Ardent Partners’ research over the past few years has shown that while the average accounts payable department still lacks automation, executive focus, and general alignment with the enterprise, leading enterprises are using their AP function to a competitive advantage. That said, why is it that so many AP departments continue to face time, cost and [...]

February 20, 2014 Andrew Bartolini Research 0

P2P Metrics that Matter

P2P Metrics that Matter

The procure-to-pay (P2P) process is growing in importance within many enterprises as we’ve noted in many articles including here and here. As with any business process, optimization is key to creating value throughout the process. Within P2P, I believe that the main drivers of optimization include: Efficiency – from a cost, productivity, resource allocation and [...]

February 10, 2014 Andrew Bartolini Best Practices, Research 0

Evolution of the Business Network

Evolution of the Business Network

Networks, Networks, Networks…they’re all the rave these days and they will continue to be in 2014. The first of these networks, which were developed in the mid-to-late nineties, targeted the procurement function and were at the heart of the B2B internet craze. At the time, these “online marketplaces,” as they were referred to then, invested [...]

October 8, 2013 Vishal Research 0

ePayables Solution Spotlight on Iron Mountain

ePayables Solution Spotlight on Iron Mountain

Today’s article will focus on a specific solution provider – Iron Mountain. Iron Mountain (NYSE:IRM) is a storage and information management solution and service provider. The company has approximately 60 years of expertise and boasts some 150,000 customers in over 30 countries, making them one of larger and more established companies to have entered the [...]

October 4, 2013 Vishal Research, Solutions 0

Who Said eInvoicing Costs less?

Who Said eInvoicing Costs less?

Actually, the market did. As you have already seen in other articles (such as this one or this one), Ardent Partners recently completed a fairly robust study on the accounts payable process and the technologies that are improving the performance and efficiency of the process. Cost is and always was the biggest driver for modernizing [...]

September 24, 2013 Vishal Research 0

AP Technology Part 3: Payments

AP Technology Part 3: Payments

The last phase of the AP process is the scheduling, processing and execution of an invoice payment. In the US, paper checks are still dominant as a payment format; however, this is shifting rapidly. The migration from paper checks to electronic payments (e.g., ACH, card, wire transfer, etc.) is a trend that is only going [...]

August 19, 2013 Vishal Research 0

AP Technology Part 1: Scan, Capture & Workflow

AP Technology Part 1: Scan, Capture & Workflow

Based on research from Ardent’s latest report – ePayables 2013: AP’s New Dawn The primary role of these solutions/services is to take paper-based documents and transform the data that lies within them into a usable electronic format which can then be processed in a more automated and efficient manner. The three solutions mentioned below are [...]

August 13, 2013 Vishal Research 0

The Organizational Structure of AP

The Organizational Structure of AP

Several years ago, the structure of accounts payable groups began to shift to more centralized models. In 2013, centralization remains the preferred operating model with more than 80% of all AP departments operating in a centralized or shared services environment Based on research from Ardent’s latest report – ePayables 2013: AP’s New Dawn, which surveyed [...]

August 7, 2013 Vishal Research 0

Advancing B2B Connectivity via a Shared Platform

Advancing B2B Connectivity via a Shared Platform

Download the full report here For most enterprises, conducting business today means managing an increasingly complex set of relationships with the ‘Extended Enterprise,” an ecosystem which has grown to include suppliers, distributors, partners and other key entities. And, while these relationships continue to grow in complexity, they are also increasingly important to a company’s overall [...]

August 1, 2013 Vishal Research 0

Upcoming Webinar: SMBs – Leveraging Automation to Improve Cash Management

Upcoming Webinar: SMBs – Leveraging Automation to Improve Cash Management

Financially knowledgeable SMBs understand the value of optimizing their cash and having a level of predictability around their cash inflow and outflow – this is where automating AP proves to be valuable for the SMB. Too often, SMBs operate using manual processes resulting in high operational costs, errors and delays and a general lack of [...]

July 31, 2013 Vishal Event, Research 0