AP Metrics that Matter 2019

[Editor’s Note: Over the next few weeks on Payables Place, we’re publishing some “best of” 2019 articles as we reflect on the year and prepare for the new year ahead.] 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 [...]

I hope that even casual readers of our sites know that my firm, Ardent Partners, has spent that past decade performing extensive market research in the areas of sourcing/procurement, accounts payable/payments, and contingent workforce/Future of Work. In that time, Ardent has benchmarked thousands of distinct organizations across all aspects of their programs. With such an extensive [...]

Where does the procure-to-pay (“P2P”) process begin? The answer probably depends on who you ask. Some will say sourcing is the starting point, others will say procurement, and still others might have another answer. However, where the P2P process ends is pretty straightforward, right? It is over once an invoice has been paid, right? Put [...]

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, [...]

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 [...]

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, [...]

With today’s article, we are excited to announce the publication of Ardent’s compilation eBook, “Ardent Partners’ AP Metrics that Matter in 2019”, which is available for download here. Over the next few weeks, this site will feature articles highlighting the key data points from this eBook. The emergence of innovative technologies in recent years has the potential [...]

[Editor’s Note: Today’s article is a preview of our upcoming, Ardent Partners’ Accounts Payable Metrics that Matter in 2019 eBook. Be sure to check back next week when we publish the results.] As modern businesses progress deeper into the digital realm and away from manual, paper-based processes, their automated systems are capturing an increasing amount [...]