There is no denying the many benefits that straight through processing of invoices brings to Accounts Payable. However, an organizations ability to achieve straight-through processing is contingent first and foremost upon being able to receive invoices electronically. That paper-based invoices remain such a huge proportion (49% according to Ardent Partner’s State of Accounts Payable 2020 market [...]
November 16, 2020
Ardent Partners Analyst Team
Best Practices, Research, Technology
From a technology adoption perspective, AP leaders for much of the past two decades tended to more often than not focus on how invoices were received, processed, validated, and approved than how they were paid. However, over the last couple of years this mode of thinking has started to change. More recently, the ramifications of [...]
October 26, 2020
Ardent Partners Analyst Team
Best Practices, Research, 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 [...]
October 22, 2020
Ardent Partners Analyst Team
Event, Solutions, Technology, Webinar
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 [...]
October 13, 2020
Philip Bartolini
Best Practices, Event, Technology, Webinar
(Editors note: this article, by Andrew Bartolini, originally appeared on CPORISING.COM on October 9th) In the 2020s, the accounts payable (“AP”) profession will continue to gain momentum and impact business operations and results in an increasingly strategic way. The global uncertainty that pervades today’s market indicates the very real threat of a deep economic downturn. [...]
October 12, 2020
Ardent Partners Analyst Team
Best Practices, Process, Research
New Report Addresses the B2B Payments Technology Landscape BOSTON, MA, August 17, 2020 — Ardent Partners, a leading research and advisory firm, announced today that its new B2B Payments Technology Landscape report, which analyzes and evaluates B2B Payments technology and leading solutions in the marketplace, is now available. The 2020 B2B Payments Technology Landscape is the market-leading [...]
August 17, 2020
Ardent Partners Analyst Team
Best Practices, Other, Research, Technology
This week we continue our conversation about Accounts Payables’ new agenda. The new agenda focuses on three steps that include 1) ensuring business continuity, 2) building resilience, and 3) supporting the recovery when it eventually comes. Last week we began by introducing ‘Step One – Ensuring Continuity’. This week we are going to explore the [...]
August 10, 2020
Ardent Partners Analyst Team
Best Practices, Process, Research, Technology
Last week we took a look at the impact of the COVID-19 pandemic on overall business operations, this week we delve into its impact on AP operations. The pandemic forced stay-at-home restrictions on a majority of workers in North America, Western Europe, Asia-Pacific, and in other developed nations, causing great unrest at the company, community, [...]
July 27, 2020
Ardent Partners Analyst Team
Best Practices, News, Process, Research, Solutions, Technology
[Editor’s Note: Ardent released its 15th annual “State of ePayables 2020: Ensuring Continuity, Building Resiliency, and Rising to the Challenge” market research report. Click to get your copy.] As the COVID-19 pandemic sweeps across the globe, maintaining operations and the liquidity to fund them has become the top priority for enterprises around the world. And, while the [...]
July 20, 2020
Andrew Bartolini & Christopher Dwyer
Best Practices, Research, Technology
In 2020, the accounts payable (“AP”) profession continues to gain momentum and impact business operations and results in an increasingly strategic way. The global uncertainty that pervades today’s market indicates the very real threat of a deep economic downturn. In response, the CFO’s new “hierarchy of needs” has placed a laser focus on business continuity [...]
July 9, 2020
Philip Bartolini
Event, Research, Solutions, Webinar