Strategy

Last week we took a look at the impact of the COVID-19 pandemic on overall business operations, this week we delve into its impact on AP operations. The pandemic forced stay-at-home restrictions on a majority of workers in North America, Western Europe, Asia-Pacific, and in other developed nations, causing great unrest at the company, community, [...]

Over the past month, the business world has seen “phased reopenings” introduce some semblance of normality to life, albeit against a backdrop (as of this week, unfortunately) of some regions across the world experiencing sharp upticks in the number of confirmed and probable COVID-19 cases. Although the future is still unsettled, and, although most of [...]

[Editor’s Note: Download the State of ePayables 2020 market research report by clicking here] I am excited to announce the publication of Ardent Partners’ State of ePayables 2020 market research report. The theme of this 15th annual edition of the report is “Ensuring Continuity, Building Resiliency, and Rising to the Challenge”. This report presents a [...]

Some hear the word ‘compliance’ and embrace it, others hear the word and fear it. ‘Compliance’ is a concept that haunts nearly many professional across the greater enterprise, no matter the function: IT, finance, human resources, procurement, and accounts payable. But in reality, there is no reason for dread, to the contrary – it should [...]

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 [...]

Continuity, Resilience, and Rising to the Challenge Editor’s Note: Join us next Tuesday, May 19 at 11am ET for a complimentary webinar presentation based on our upcoming flagship market research report “The State of ePayables 2020” sponsored by APEX Analytix (click here to register). The COVID-19 pandemic has forced enterprises across the globe to not [...]

Ardent Partners conducts one major accounts payable-themed market research study each year and this is it. By taking the survey (click here), you have an opportunity to help advance the collective knowledge of the entire “AP” profession AND get a full view into the current “State of Accounts Payable” when the report publishes. AP automation [...]

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 [...]

As we discussed last week, AP’s reliance on paper has left many organizations struggling to adapt and overcome to our new reality of having to work from home while we shelter in place. If there is a silver lining for accounts payable, it’s the fact that technology exists to help organizations of all sizes solve [...]