Continuity, Resilience, and Rising to the Challenge Editor’s Note: Join us next Tuesday, May 19 at 11am ET for a complimentary webinar presentation based on our upcoming flagship market research report “The State of ePayables 2020” sponsored by APEX Analytix (click here to register). The COVID-19 pandemic has forced enterprises across the globe to not [...]
May 12, 2020
Philip Bartolini
Event, Solutions, Technology, Webinar
In Ardent Partners’ AP Metrics that Matter in 2020, our research indicated 55% of B2B payments were made electronically last year. The positive lining here is the percentage of B2B payments made electronically has been creeping up slowly over the last decade. Unfortunately, besides inertia, there is little sound business reason for North American businesses [...]
May 11, 2020
Ardent Partners Analyst Team
Best Practices, News, Research, Solutions, Technology
Today we continue our look at solving AP’s reliance on paper by looking at the second phase of the process: Invoice processing. The AP department is one of the last groups within many enterprises to operate using what are largely or fully-manual processes. These manually-intensive processes are more costly and take significantly more time to [...]
May 4, 2020
Ardent Partners Analyst Team
Best Practices, Process, Solutions, Technology
The Resiliency Imperative sessions finish the week in strong fashion with a discussion targeted to CFOs, CPOs, Treasurers, and any professional reporting into these executive job roles. Tomorrow at 11 AM ET, we will be discussing The Role of Supply Chain Finance in Today’s COVID-19 World (click to register) The COVID-19 pandemic has disrupted enterprises all over [...]
April 30, 2020
Ardent Partners Analyst Team
Best Practices, News, Other, Solutions, Technology
In honor of earth day which took place on April 22, this week we are going to discuss the delivery and receipt of invoices. It’s impossible to know exactly how many invoices are sent globally on an annual basis, but Ardent Partners’ estimates the number to be well over one hundred billion, yes, billion, per [...]
April 27, 2020
Ardent Partners Analyst Team
Best Practices, Process, Solutions, Technology
Ardent Partners conducts one major accounts payable-themed market research study each year and this is it. By taking the survey (click here), you have an opportunity to help advance the collective knowledge of the entire “AP” profession AND get a full view into the current “State of Accounts Payable” when the report publishes. AP automation [...]
April 17, 2020
Philip Bartolini
Research, Solutions
Automating Accounts Payable (“AP”) can deliver a compelling ROI if you focus on the right activities and have the right technology in place. But how do you know what to measure and what results are possible? In a new webinar, presented by MetaViewer, Ardent’s Research Director, Bob Cohen will discuss “Metrics Matter: Transforming Your AP [...]
April 16, 2020
Philip Bartolini
Process, Solutions, Webinar
Bottomline Technologies (Nasdaq:EPAY), the cloud-based business payment, invoice, and digital banking solution provider, has announced an initiative to help the nation’s banks provide assistance and relief to small businesses adversely affected by the COVID-19 pandemic. The New Hampshire-based provider will provide banks with a simplified SBA loan application platform to originate online loan applications under the “Paycheck [...]
April 6, 2020
Ardent Partners Analyst Team
Solutions, Technology
[Ardent Partners takes the severity of the COVID-19 pandemic with the utmost seriousness. Please click here to read our approach in these uncertain times.] The success of any spend management, sourcing or financial management program largely depends on the enterprise’s ability to set proper goals, identify core business objectives and, most importantly, build an effective means of [...]
April 2, 2020
Philip Bartolini
Best Practices, Solutions, Technology
Fraud is a real problem for all organizations, especially those with manual-based Accounts Payable (“AP”) processes. Business email compromise (“BEC”), a type of wire fraud, is on the rise worldwide and, according to an FBI report released last fall, has resulted in $26 billion in losses since July 2016. Common types of BEC attacks include [...]
March 16, 2020
Ardent Partners Analyst Team
Best Practices, Research, Solutions