Innovation

Editor’s Note: Ardent Partners recently published our annual AP-themed report, The State of ePayables 2017: The Convergence of Cash, Suppliers, and Intelligence. Today’s article represents an on-going series focused on the report’s key findings. If you would like to get the full report, it is available for download here (registration required). Value is a popular [...]

Join us on Tuesday, June 20 at 2pm ET, for a complimentary webinar presentation entitled “Beyond the Numbers: The Modern CFO’s Agenda” The role of the modern Chief Financial Officer (“CFO”) presents an interesting contrast as both the head of the traditional business function and the strategic leader best positioned to drive the business’ most [...]

For many Accounts Payable (“AP”) and finance leaders, there is a strong desire to take the department to the next level of performance. But AP departments that get stuck processing paper-based invoices or handling the many invoice exceptions that come in will struggle to provide true strategic value to the enterprise. There just isn’t enough time. [...]

The Accounts Payable (“AP”) function sits in a prime position to become a central hub of value, insights, and intelligence for the average enterprise. AP and finance professionals that either own or comprise the AP function should always be looking ahead and understanding ways to provide more business value. As Ardent Partners’ research shows, more [...]

Leading organizations know that in order to maintain market share and market relevance, they must find strong trading partners with shared or aligned interests and develop a coalition of willing forces who can leverage their collective strengths for mutual benefit. Strong communication, collaboration, and agility will be the defining characteristics of Best-in-Class supply chains in [...]

Ardent Partners’ annual State of ePayables 2017 survey is now live – P2P professionals are invited to participate in this annual study. Complete the survey and get the final report (click to take it!) – Thank you!!!  In the past, the role of the AP operation focused primarily on data entry and manual activities. But [...]

Understanding the accounts payable (AP) department’s priorities can be an important first step in improving current AP operations and better aligning the function with core enterprise objectives. Figuring out the best way that those efforts can align with the near- and long-term goals of the AP department is just as important a step for any [...]

Like the designated hitter and the use of sabermetrics in baseball, there are a number of game-changing innovations available to the modern accounts payable (AP) professional that can help get them to the big leagues. These innovations (and more advanced financial solutions) can help change the role of AP within an enterprise from a backroom [...]

The accounts payable (AP) function as a whole is in the midst of an automation transformation. And slowly but surely, the perception of AP is slowly changing as well. It is important for AP departments to continue to spearhead this shift and align the priorities of the AP department with the priorities of the entire business. [...]

It is a new year, and in the evolving world of business, where more organizations are automating their processes, it is a wonder why accounts payable (AP) departments lag behind other functional areas in process automation. While manual, paper-based AP processes can “work” for a business, they do not work well enough for the modern [...]