TOPIC OF FOCUS: METRICS TOPIC OF FOCUS: METRICS

Falling in love again with your existing technology

One of the biggest challenges to increasing technology reuse isn’t technological, but cultural. Reusing technology isn’t seen as “sexy” compared to developing new applications. That’s not surprising....

Weyerhaeuser AP team steps up to the challenge and transforms its process

The accounts payable team at Weyerhaeuser Company, one of the world’s largest forest products manufacturers, was humming along just fine. But a benchmarking project a few years ago indicated there...

Records and information management is not just for destruction and defense anymore

While organizations are far from getting rid of all their paper, many are making a conscious effort to do more electronically, which means they are producing even more data than ever before. Companies...

A new way of looking at data: 6 questions with David McCandless

In an interview with the Shared Services and Outsourcing Network, data journalist and author of the book Information is Beautiful discusses trends in “big data” and the concept of telling a story...

AP Best Practices

AP Best Practices Test

Three Lines of Defense model clarifies roles in managing risk

The premise of the model is that each area within the company has a clearly defined and specific role. When each performs its assigned task effectively, the likelihood that a risk will slip past all...

Big Brother meets big data: Mandatory e-invoicing is on the march in Latin America

New government electronic invoicing mandates are sweeping Latin America, with hefty fines and even criminal penalties for companies that fail to comply. Brazil has led the way, and Mexico is expected...

New tool helps AP teams calculate their processing cost per invoice

Do you know how much it costs your accounts payable department to process an invoice? Many AP professionals don’t, even though this metric is one of the most common ways of gauging efficiency.

Fake checks are here to stay, despite new technology

While the risks in accepting check payments are fundamentally unchanged, RDC and mobile RDC shift some fraud risk from the bank to the business. Because of this, organizations must understand and...

U.S. Bank first to offer SAP® consolidated payables link

U.S. Bank today announced the availability of a payment application that enables clients to integrate their enterprise resource planning (ERP) software from SAP AG with U.S. Bank’s payment origination...

Confirmation.com expands its international capabilities with new multilingual user interfaces

Confirmation.com, the creator and world’s leading provider of secure audit confirmation services, announced today that it has enhanced its international capabilities by providing multilingual user...

Perceptive Software releases Perceptive Interact for Microsoft Dynamics CRM

Perceptive Software, creator of process and content management products and solutions, announces the availability of Perceptive Interact for Microsoft Dynamics CRM, Microsoft's customer relationship...

Top 20 U.S. cash management bank to deploy enhanced eGistics distributed exceptions management application

eGistics' Client Decisioning Module Speeds Receivables Posting through Advanced Transaction Validation, New Tools for Resolving Exceptions

10 key steps to repairing a broken process

If you believe your budgeting process takes far too long, that budget managers see no real benefit in the whole process, and that finance usually does most of the work with little buy-in from...

What the AP productivity index can tell you about shared services

To understand why shared services centers are both more efficient and effective at AP, let's look at a few of the factors that seem to influence AP performance: volume, industry, and geography.

Minding the metrics: Leaders look at innovative ways to manage cash

Organizations' top finance leaders are studying their books harder than ever, trying to divine new truths. Some are even looking at new metrics, like days credits outstanding.

What keeps your CFO awake at night?

CFOs have evolved from counting house foremen to cash cardiologists, keeping the lifeblood of the company flowing.
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