Procurement

It is with great pleasure that Ardent Partners announces the publication of its latest state of accounts payable (AP) research report—“ePayables 2015: Higher Ground.” Like the annual reports that came before it, the 2015 ePayables report focuses on the state of the AP function as well as assessing how AP teams leverage ePayables solutions to [...]

Editor’s Note: Ardent Partners is proud to announce the publication of a new report on the trends and value drivers for AP and procurement, sponsored by Corcentric, and available here (registration required). Today’s article will share some thoughts on a theme similar to that report. The science of physics is split into two branches: special [...]

Editor’s Note: Ardent Partners is proud to announce the publication of a new report on the trends and value drivers for AP and procurement, sponsored by Corcentric, and available here (registration required). Today’s article will share some thoughts on a theme similar to that report. Change is one of the few constants in the modern [...]

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 [...]

Editor’s note: On April 16, Ardent Partners will host a complimentary webinar (sponsored by Concur) focused on the top trends in accounts payable for the year ahead (register at this link). Ahead of that presentation, run by Andrew Bartolini, Ardent’s chief research officer, and Christopher Dwyer, research director, we’re running a short series on the four [...]

Though automating the accounts payable (AP) process most directly benefits the AP team itself—such as eliminating manual activities and allowing for more strategic actions—it’s a mistake to imagine that accounts payable is the only enterprises function that profits from an automated AP workflow. In reality, the entirety of the enterprise stands to gain significant advantages [...]

The Accounts Payable Department Approach For many enterprises, the accounts payable department can be characterized as paper-laden and inefficient. Any function that operates in an almost or fully manual manner can make a straightforward business case for investment and change. An accounts payable department seeking to improve its performance has several key areas upon which [...]

Ardent Partners recently completed its annual market research report focused on accounts payable – ePayables 2013: AP’s New Dawn. The report is based on survey data collected from approximately 245 enterprises and one of the key themes of the report is the evolving role of AP and that is the focus of today’s article. The [...]

The results of Best-in-Class organizations show that an investment in Procure-to-Pay (P2P) can pay large dividends, while the relentless pressure on bottom-line performance makes a P2P investment all, but necessary, for most groups. Yet, the speed and level of returns from a P2P initiative can and do vary widely. Competing short-term initiatives from distinct organizations [...]