Why Metrics Matter in Accounts Payable
Establishing and measuring relevant and actionable metrics is an important part of any business function since it provides the opportunity to set, track, and ultimately achieve goals and objectives while…
Payables News Weekly: Business Travel, American Express, and Apple Pay
On this unusual Thursday edition of Payables News Weekly -- made possibly by President's Day on Monday here in the U.S. -- we've got news from Apple Pay, American Express,…
Why Use a Corporate Travel Card?
Business travel is a growing concern for the modern enterprise. Whether it’s saving on the cost of airline tickets, or trying to keep traveling employees in compliance with corporate policies,…
Two Approaches to Building a P2P Process
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…
Nvoicepay, Yooz, and How Social Media Fits into P2P: What You May Have Missed
Tomorrow is Valentine’s Day, when thousands of people will proclaim their love to a special someone. The statistics are impressive for the holiday, with the average consumer spending $116.21 on…
The P2P Blueprint: Who Needs to Get Involved?
A strong procure-to-pay (P2P) workflow can be a critical differentiator for enterprises of all sizes. Linking the entire P2P process can lead to operational efficiencies through cost savings, improved productivity,…
Payables News Weekly: Visa and MasterCard in Crimea, and Business Travel Booms in China
The northeastern United States is on its third week of snow storms big enough to shutter schools for successive days. This week, for example, Massachusetts—where Ardent Partners is located—has enjoyed…
Social Media and P2P: How Social Networks Develop and Strengthen Trading Partner Relationships
The underlying capabilities and drivers behind the most successful social networks can and should have the same impact in business communication and performance. As such, there is a remarkable opportunity…
Social Media in P2P: Internal Knowledge Management (via Wikis)
It’s a common mistake, when thinking about social tools, to imagine only platforms such as Twitter, Facebook, and LinkedIn as the totality of “social media.” This couldn’t be further from…
Social Media and P2P: A Use Case for Twitter
When it comes to social capabilities in the procure-to-pay process, there are a few things to consider. Specifically, enterprises need to consider which sorts of social tools to use in…