[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: Join us this Wednesday, November 11 at 2pm ET for a complimentary webinar presentation called Why You Need AP Automation For 2021, sponsored by Medius. Click here to register.] If AP is going to move to the next level of performance within the enterprise, the function must develop the capabilities to get them [...]
November 10, 2020
Philip Bartolini
Event, Solutions, Technology, Webinar
From a technology adoption perspective, AP leaders for much of the past two decades tended to more often than not focus on how invoices were received, processed, validated, and approved than how they were paid. However, over the last couple of years this mode of thinking has started to change. More recently, the ramifications of [...]
October 26, 2020
Ardent Partners Analyst Team
Best Practices, Research, Technology
(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 [...]
October 21, 2020
Ardent Partners Analyst Team
Research, Technology
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 [...]
October 19, 2020
Ardent Partners Analyst Team
Best Practices, Research, Technology
The modern Accounts Payable (“AP”) function sits at a fascinating juncture in its overall evolution: enhance just enough to survive in the years ahead, or, revolutionize its development to truly thrive in the face of the digital enterprise. Following the lead of Best-in-Class AP departments, AP professionals (and their leaders) in most other organizations must [...]
October 13, 2020
Philip Bartolini
Best Practices, Event, Technology, Webinar
(Editors note: this article, by Andrew Bartolini, originally appeared on CPORISING.COM on October 9th) In the 2020s, the accounts payable (“AP”) profession will continue to gain momentum and impact business operations and results in an increasingly strategic way. The global uncertainty that pervades today’s market indicates the very real threat of a deep economic downturn. [...]
October 12, 2020
Ardent Partners Analyst Team
Best Practices, Process, Research
There are many different theories and models that attempt to explain the complex riddle of how and why users adopt technology. One of the best known is the Unified Theory of Acceptance and Use of Technology (“UTAUT”) established by Viswanath Venkatesh and others (and built upon many earlier studies). This model identifies four main factors [...]
October 5, 2020
Ardent Partners Analyst Team
Best Practices, Process, Research, Technology
According to Ardent’s 2020 State of ePayables market research report, 62% of AP leaders stated that the pandemic did not create a need to invest in automation, as accounts payable processes were “already automated.” The reality, however, is that many AP teams have not fully-adopted and/or optimized their technology. This becomes clear when a deeper [...]
September 28, 2020
Andrew Bartolini & Bob Cohen
Best Practices, Research, Technology
Today we continue our “Key Providers in 2020” series with a focus on apexanalytix. Key Provider in the 2020s – apexanalytix If you think you know apexanalytix (“Apex”), but have not engaged with them in a few years, you have missed quite a bit. [A]pexanalytix started out over 30 years ago in the recovery audit business and, [...]
September 24, 2020
Andrew Bartolini
Best Practices, Research, Solutions, Technology