This can be a noisy and complicated market to understand, so at Ardent we created this visual representation which is based on our ePayables Framework that is discussed here in more detail. Using the three major phases of the AP process as the basis for the categorization, solution providers fall within or across the phases [...]
July 3, 2012
Andrew Bartolini
Research, Technology
According to the US Small Business Administration, in 2009 (the latest available data) there were about 27.5 million small businesses in the U.S, approximately 6 million of which have employees with the remainder being sole proprietorships. It is safe to assume that a significant chunk of small to mid-sized businesses (SMB’s) suffer from highly manual [...]
June 26, 2012
Andrew Bartolini
Technology
In my effort to cover AP (and P2P) processes, strategies and technologies one of the first projects at Ardent was to create the ePayables SMARTset. The purpose being, to help guide organizations through the process of improving performance within AP and surprise surprise, it all starts by being able to present a solid business case [...]
June 14, 2012
Andrew Bartolini
Best Practices
With IFO’s Fusion Conference underway in Nashville, I was sure that there would be some newsworthy activity and I was not wrong. On May 14th, Iron Mountain (NYSE:IRM) the information management company announced a new AP automation solution (Iron Mountain Electronic Invoice). The solution/service digitizes paper invoices and allows customers access to an online tool [...]
May 25, 2012
Andrew Bartolini
News
In July of 2011, the US Department of Treasury announced that it is mandating that all Treasury Bureaus implement the Internet Payment Platform (IPP) by the end of 2012 and in 2013 Treasury will require that its commercial vendors submit their invoices using IPP. This initiative will both improve government efficiency and cut costs for [...]
February 28, 2012
Andrew Bartolini
Other