Technology

[Editor’s Note: Ardent’s AP Quarterly Webinar Series AP 2020: Five Game-Changing Strategies for Top Results continues next Thursday, October 29th at 2 PM ET  presented by Bob Cohen & Andrew Bartolini and sponsored by Canon. Click here to register.] As we continue to navigate these disruptive days, it is clear that some of an enterprise’s [...]

(Posted by Chris J. Dwyer) No matter how far you scroll on any preferred social media platform, there is one common news items that dominates the day (well, besides the United States election, of course). For the past seven-plus months, the world has been inundated with the social, personal, and business ramifications from a global [...]

For over a decade, Ardent Partners has conducted an in-depth market research study of the accounts payable (“AP”) market that leverages a unique framework to highlight the performance of top-tier organizations (which Ardent refers to as the “Best-in-Class”) by analyzing a specific set of benchmark criteria. In each of those years, Ardent Partners defined Best-in-Class [...]

The modern Accounts Payable (“AP”) function sits at a fascinating juncture in its overall evolution: enhance just enough to survive in the years ahead, or, revolutionize its development to truly thrive in the face of the digital enterprise. Following the lead of Best-in-Class AP departments, AP professionals (and their leaders) in most other organizations must [...]

There are many different theories and models that attempt to explain the complex riddle of how and why users adopt technology. One of the best known is the Unified Theory of Acceptance and Use of Technology (“UTAUT”) established by Viswanath Venkatesh and others (and built upon many earlier studies). This model identifies four main factors [...]

According to Ardent’s 2020 State of ePayables market research report, 62% of AP leaders stated that the pandemic did not create a need to invest in automation, as accounts payable processes were “already automated.” The reality, however, is that many AP teams have not fully-adopted and/or optimized their technology. This becomes clear when a deeper [...]

Today we continue our “Key Providers in 2020” series with a focus on apexanalytix. Key Provider in the 2020s – apexanalytix If you think you know apexanalytix (“Apex”), but have not engaged with them in a few years, you have missed quite a bit. [A]pexanalytix started out over 30 years ago in the recovery audit business and, [...]

Due to the rise of business process automation tools, cloud-based applications, mobile solutions, and connected devices permeating the modern business environment, more data is being created each year than ever before. The result is a world that has become increasingly data-driven, and businesses around the globe have an extraordinary opportunity to capitalize on it. The [...]

Every business function faces a rash of challenges relative to its specific operational purpose. For decades, the AP unit resided firmly in the back office, mired in paper-based, manual processes, which limited the value that the function could offer.  In 2020, the COVID-19 pandemic has shaken many businesses to their core, replacing traditional business structures [...]

The value driven by the average sourcing team over the last decade has, in many cases, been significant and transformative. But, competitive forces at play in a rapidly changing business environment require that many tried and true strategies must be enhanced if they are to retain their impact. Here are a few ways to unlock [...]