Editor’s Note: Get your hands on Ardent Partners’ latest and greatest ePayables report, the 2016-2017 ePayables Technology and Innovation Outlook, available for download here (registration required). The drive for enhanced data visibility has resulted in increased attention on accounts payable (AP), as well as a greater willingness to invest in improving the function beyond simply [...]
November 7, 2016
Andrew Bartolini
Research, Technology
ePayables Study Hall – More Metrics Today we’ll look at the other key metrics (besides the average cost per invoice discussed last time) that can help an AP department better understand its baseline performance and better make a case for transformation. For the purposes of this series and this article, I am focusing on the [...]
November 3, 2016
Andrew Bartolini
Best Practices, Research
We continue to build out our ePayables Study Hall series with this article focused on how to begin a push for AP transformation or “The Approach” (The first two articles are found here – The Challenges and The Opportunities). You can also select the ePayables tag to see all of our articles on the topic. As a [...]
October 20, 2016
Andrew Bartolini
Best Practices, Research
We continue to build out our ePayables Study Hall series with this article focused on the various performance metrics by which a typical AP department is measured (The first three articles are found here – The Challenges, The Opportunities, and “The Approach”). You can also select the ePayables tag to see all of our articles on the topic. As a reminder [...]
October 16, 2016
Andrew Bartolini
Best Practices, Research
ePayables Study Hall – The Opportunities Last time, the ePayables Study Hall series began with a look at some (but, not all) of the key challenges facing the average accounts payable (AP) organization and the industry as a whole (Part one is found here). Today we continue with a look at some of the largest [...]
October 14, 2016
Andrew Bartolini
Best Practices, Research
Over the next few weeks, we will spend some time focusing on ePayables by presenting an educational series– an “ePayables Study Hall,” if you will – that is intended as a reference and on-going resource for the stakeholders and other professionals who intersect with AP, but are not permanently a part of the function. Think [...]
October 13, 2016
Andrew Bartolini
Best Practices, Research
Not Your Father’s Treasury Department The finance department in many enterprises has an unofficial hierarchy among functions. Near the top is the corporate treasury team, which is tasked with ensuring the enterprise has enough cash on-hand to cover ongoing operations and required business investments. But just like CFOs and Chief Procurement Officers, who have seen pretty [...]
September 28, 2016
Andrew Bartolini
Best Practices, Process, Research, Technology
Editor’s Note: Today’s article is a sneak peek into the findings from Ardent Partners’ latest AP research report, “ePayables 2016: Eyes on Prize,” available for download here. CPO Rising will feature several articles highlighting key discussion points from the new report. The modern accounts payable (“AP”) team is well-positioned to achieve the “next level” of performance. [...]
August 30, 2016
Andrew Bartolini
Best Practices, Research, Technology
Editor’s Note: Today’s article is a sneak peek into the findings from Ardent Partners’ latest AP research report, “ePayables 2016: Eyes on Prize,” available for download here. Throughout June and July, CPO Rising will feature several articles highlighting key discussion points from the new report. In the last five years, advanced technologies have transformed how the [...]
Editor’s Note: Today’s article is a sneak peek into the findings from Ardent Partners’ latest AP research report, “ePayables 2016: Eyes on Prize,” available for download here. Throughout June and July, CPO Rising will feature several articles highlighting key discussion points from the new report. The accounts payable (“AP”) team is now positioned to evolve beyond [...]
August 3, 2016
Andrew Bartolini
Process, Research, Solutions, Technology