process

Today on Payables Place, we’re sharing a listicle from CPO Rising that focuses on the CFO and gaining value from a top-performing AP operation. Every Friday, CPO Rising features its  CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. [...]

Ardent’s FinTech Influencer Series highlights innovative voices in the world of Accounts Payable (“AP”) automation. This series is the go-to spot for progressive thoughts on how technology, transformational thinking, and revolutionary ideas are changing how AP work gets done. Continuing our FinTech Influencer Series, today we are speaking with Todd M. Albers, Senior Payments Consultant, Federal Reserve Bank [...]

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 [...]

(Posted by Chris J. Dwyer) No matter how far you scroll on any preferred social media platform, there is one common news items that dominates the day (well, besides the United States election, of course). For the past seven-plus months, the world has been inundated with the social, personal, and business ramifications from a global [...]

For over a decade, Ardent Partners has conducted an in-depth market research study of the accounts payable (“AP”) market that leverages a unique framework to highlight the performance of top-tier organizations (which Ardent refers to as the “Best-in-Class”) by analyzing a specific set of benchmark criteria. In each of those years, Ardent Partners defined Best-in-Class [...]

Due to the rise of business process automation tools, cloud-based applications, mobile solutions, and connected devices permeating the modern business environment, more data is being created each year than ever before. The result is a world that has become increasingly data-driven, and businesses around the globe have an extraordinary opportunity to capitalize on it. The [...]

Across the globe, many countries have begun (or are about to begin) the process of “phased re-openings” of their economies, only three months after the COVID-19 pandemic began. In the United States, some regions have been “open” (albeit in highly-restrictive forms) for several weeks, while states and cities that were hardest-hit (such as New York [...]

The global uncertainty that pervades today’s market indicates a 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 and the liquidity needed to fund ongoing operations. Let’s examine a few ways that Chief Procurement Officers can support this top priority. [...]

I’ve been involved in many AP automation initiatives over the course of my career, all of them involved some type of formal (or informal) ROI calculation and cost/benefit analysis. Most organizations when looking to justify a project invariably take a very tactical approach that places increased importance on hard dollar savings for project justification. This [...]

Automating Accounts Payable (“AP”) can deliver a compelling ROI if you focus on the right activities and have the right technology in place. But how do you know what to measure and what results are possible? In a new webinar, presented by MetaViewer, Ardent’s Research Director, Bob Cohen will discuss “Metrics Matter: Transforming Your AP [...]