Are your manual AP processes causing some serious symptoms, like limited visibility, inefficiency and poor cash management? Learn about the automation antidote to heal your paper-based pains and AP process afflictions. Join Ardent Partners VP of Research and Marketing Bob Cohen, and automation expert Doug Bertram who will dive into the data that’s empowering best-in-class [...]
December 6, 2021
Philip Bartolini
Research, Solutions, Webinar
Much has been in the news lately about what happens when two groups cannot, or will not work with one another to solve (major) pressing issues. Most of us are familiar with the saying “Teamwork makes the dream work” by John C. Maxwell, internationally recognized leadership expert, coach, and author. In business, as in politics, [...]
January 14, 2019
Ardent Partners Analyst Team
Best Practices, Research
Throughout my career, I’ve worked with hundreds of companies looking to automate their Accounts Payable operations. Typically, the organizations are drowning in paper, suffering from manual, time-consuming, costly, error-prone processes with little or no real visibility into outstanding liabilities and limited to no cash management practices in place. When I’ve engaged these organizations they almost [...]
March 26, 2018
Ardent Partners Analyst Team
Best Practices, Process, Research
From hard coinage to electronic funds, cash has been the basic building block of business success for centuries. Cash allows enterprises to pay employees, fulfill debt obligations, invest in new projects, and purchase goods and services. This indisputable truth has driven organizations large and small to emphasize the management of cash since the first businesses [...]
November 15, 2017
Philip Bartolini
Other
Accounts payable (“AP”) and treasury can and should be natural partners within the average enterprise. AP manages a significant source of cash outflows in the form of supplier payments, and treasury is tasked with managing the organization’s cash position and liquidity risk. On this point, the duties of treasury and AP neatly intersect, which makes [...]
June 16, 2016
Andrew Bartolini
Best Practices, Research, Technology
As businesses continue to eliminate manual- and paper-based processes from the front-end of the accounts payable (“AP”) function, attention has turned to streamlining and driving more value from the payment phase of the ePayables Framework. Beyond increasing the number of suppliers that accept payment electronically instead of via paper check, there are a few innovative [...]
June 14, 2016
Andrew Bartolini
Event, Solutions, Technology
Accounts payable (“AP”) in the modern age has the potential to become a hub of financial and operational intelligence for the greater enterprise, pushing this once back-office function into new strategic territory. Consider that every transaction that generates an invoice passes through the AP process at some point or other, as well as any supplier [...]
Our annual “State of ePayables” research survey is now open. Your responses will help us establish the Best-in-Class metrics that readers can use to benchmark the performance of their AP operations. If you have a few minutes, I encourage you to click here and take it. Thanks in advance! Accounts payable (“AP”) has a history of [...]
April 5, 2016
Andrew Bartolini
Process, Research, Solutions, Technology
Editor’s Note: With summer in full swing, many of the practitioners in the accounts payable world are taking vacations ahead of the crush of the fall months. In honor of that, the team here at Payables Place is continuing its “Summer Rewind” series with some of our favorite posts from roughly a year ago. Today, we [...]
August 18, 2015
Andrew Bartolini
Best Practices
Cash management is a critical function in any enterprise, no matter the size. If cash isn’t managed effectively, the enterprise risks running low on operating funds, which could result in staff and/or bills going unpaid or lenders calling their loans ahead of schedule (because certain financial liquidity thresholds are crossed) — among other financial consequences. Nowhere [...]
January 16, 2015
Andrew Bartolini
Best Practices, Research