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Automated billing project gives sports apparel company a jump on the competition

Here’s an eye-catching number when it comes to cost savings: 30 percent. That’s how much Cobra Puma Golf saved by automating its billing functions, creating in the process a highly efficient, advanced...

How do you make a successful business case for your AP group to switch to e-payables?

Automation of processes presents a large opportunity for improvement not only within the accounts payable function but also across the enterprise. For many companies, AP is one of the last departments...

IFRS – Don’t underestimate the challenges of new international accounting standards

Make no mistake: Sooner or later, the move to International Financial Reporting Standards is going to affect your company. The questions are: Will you be ready? What should you do? And can you extract...

Re-think risk: Why can't credit and sales just get along?

When the individual objectives of credit and sales are not aligned, there is a natural tendency for the two functions to be at odds with each other over credit controls.

New ERP-card is like P-card ‘on steroids,’ combining convenience and control

A concept introduced this year could represent the next evolution of payments technology for both AP and procurement departments. The ERP-card combines the convenience and benefits of the procurement...

Cash management in a changing landscape: ERP-card, other tools lighten the load

How does an organization handle the age-old challenge of effective cash management in today’s modern environment? Even with steady advances in technology, there’s no one solution for measuring,...

Which credit scoring model gives you the best view of customers and prospects?

Scoring models help credit professionals determine the creditworthiness of prospects, evaluate existing customer creditworthiness, and prioritize collection activities so the company can get paid...

Credits owed to your company can vanish into thin air, unless you act fast to recover them

Time really does matter when it comes to vendor credit recoveries. Waiting a year or two to recover them is expensive. That expense comes not from the time value of money, but rather from the vendor...

Rev up your revenue: Here are 7 questions to help drive improved AR performance

Finding the right answers starts with asking the right questions. That is particularly important when looking for ways to drive better performance. Too often, we come up with an idea and then go about...

In relentless pursuit of productivity: Index tracks traits of best-in-breed AP operations

Top-performing AP operations are shifting their focus from efficiency to effectiveness. Meanwhile, median performers strive to close the efficiency gap between themselves and others.
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