Warren Buffet, the legendary investor once said “Someone’s sitting in the shade today because someone planted a tree a long time ago.” What does this have to do with Accounts Payable? Everything. Now is the perfect time to look forward and plan what you want AP to look like tomorrow and into the future. Developing [...]
January 25, 2021
Ardent Partners Analyst Team
Best Practices, Process, Solutions, Technology
Accounts payable excellence is founded on the critical, day-to-day components of its operations, processes, and overall program management. As AP departments seek to advance their position and improve performance, it needs to take certain steps in order to enable this transformation. The following strategies will support greater success as the enterprise ensures continuity, builds resilience, [...]
January 19, 2021
Ardent Partners Analyst Team
Best Practices, Process, Research, Technology
20 for 2020: Key Providers in the 2020s – Esker Earlier this year, we initiated the first of our planned 20 for 2020 series’ as an echo to the 10 for 2010 series that we used to launch this site. That first 2020 series focused on the key themes and ideas that Chief Procurement Officers and Chief Financial Officers should have [...]
December 28, 2020
Ardent Partners Analyst Team
Best Practices, Research, Solutions, Technology
Across every enterprise function, a real impact has been felt by the pandemic fallout. Procurement faces supply chain disruptions, finance must ensure there is funding to support operations, product management must rethink the pace and timing of development projects, IT needs the technology and infrastructure to support work from home directives, and HR faces unforeseen [...]
December 21, 2020
Ardent Partners Analyst Team
Best Practices, Research, Technology
Daniel Yergin, the Pulitzer-prize winning author, speaker, energy expert, and economic historian once said that “people always underestimate the impact of technology.” One group not taking anything for granted are the ‘Best-in-Class’ performers in the world of accounts payable. Ardent Partners defines ‘Best-in-Class’ performance in our research reports as the 20% of enterprises with the [...]
December 14, 2020
Ardent Partners Analyst Team
Best Practices, Research, Solutions, Technology
[Editor’s Note: Join us this Tuesday, December 8 at 2pm ET for a complimentary webinar presentation called 5 Strategies for Ensuring AP Success in 2021, sponsored by Metaviewer. Click here to register.] Please join us tomorrow December 8th at 2pm ET when Ardent’s own Bob Cohen, will present the findings and lessons learned from their 15th annual [...]
December 7, 2020
Philip Bartolini
Best Practices, Event, Webinar
Businesses and consumers today are fully engulfed by technology and the data it creates and captures. The same holds true for AP departments across the globe. Accounts payable’s “Big Data” has the potential to become the next major force and catalyst for the profession. In fact, over the next few years, Ardent Partners predicts that [...]
December 7, 2020
Ardent Partners Analyst Team
Best Practices, Research, Technology
[Editor’s Note: Join Ardent Partners on our upcoming webinar, Accounts Payable 2021: Big Trends and Predictions (click to register), next Wednesday, December 9th at 2 PM ET.] As 2020 draws to a close, Ardent Partners is excited to bring you an ideal “stage-setting” event for AP and finance professionals as you move into 2021 The AP industry [...]
December 4, 2020
Ardent Partners Analyst Team
Best Practices, Event, Research
(Editor’s Note – This article by Christopher J. Dwyer, Vice President of Research at Ardent Partners, first appeared on CPORising.com on 11/20/2020) Never before has a public health crisis caused so much disruption in both the personal and business worlds. The COVID-19 pandemic has resulted in an unprecedented level of chaos as companies were forced [...]
November 23, 2020
Ardent Partners Analyst Team
News, Research, Technology
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