Efficiency rules in the modern business world, and cost savings are frequently one of the primary goals of executive leadership. As part of this objective to run an efficient organization,…
The accounts payable (“AP”) department has experienced a number of changes over the past 15 years. At first little more than a back-office function that processed invoices and supplier payments,…
Every year, Ardent Partners publishes several benchmark studies into the accounts payable (“AP”) marketplace. One of those is the annual research effort into the state of business-to-business (“B2B”) payments, called…
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…
Editor’s note: Payables Place is excited to kick off a new series of articles focused on the travel and expense management function that will help enterprises, regardless of size or…
Welcome to the final article in a five-part series that will focus on how procurement, finance, and other professionals effectively build a “compliance management” checklist that addresses multiple avenues of…
Editor’s Note: Today’s article was developed from an interview that resident Ardent Partners business travel / expense management, Christopher J. Dwyer, conducted with the team at MarketWatch. Listen to a…
The benefits that virtual payment cards provide to buyers are expressed quite well in vendor marketing materials, as well as in several previous articles here at Payables Place. What’s not…
For more than 70 years, enterprises of all sizes have used commercial payment cards to purchase everything from airline tickets to office supplies. This flexibility has led solution providers to…
The Chief Financial Officer (CFO) of the typical organization is now tasked with more than ever before, often asked to be the “savior” of enterprises that struggle to maintain a…