CPO Rising Listicle: Recognize Accounts Payable Excellence in 7 Ways (AP Honors!!!)

CPO Rising Listicle: Recognize Accounts Payable Excellence in 7 Ways (AP Honors!!!)

Fridays (in 2024) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team.

AP Honors 2024 celebrates excellence in the accounts payable profession. Recognize those best-in-class AP leaders, teams, and providers by submitting nominations for several award categories. AP Honors winners are selected by an expert committee based on external nominations and are formally recognized during Ardent Partners’ AP Honors 2024 Ceremony!

The AP Honors are brought to you by Ardent Partners and sponsored by Medius.

Seven Ways to Recognize Accounts Payable Excellence

1. The AP Innovation Award: This award is presented to the AP team that has used new and innovative strategies and approaches to overcome significant hurdles.

2. The AP Leadership Award (AP Manager of the Year): This award is presented to the AP leader who has driven new performance heights as a result of their direct involvement, leadership and overall exceptional organizational.

3. Best Team Performance Award / AP Team of the Year: This award is presented to the AP department that has excelled across the full scope of the ePayables Framework (invoice receipt, approval, and payment) to make a significant impact on overall enterprise results.

4. The Procure-to-Pay (P2P) Collaboration Award: Presented to the organization that has best exemplified the improvements that can be achieved when AP and Procurement departments and personnel work closely with one another to benefit the greater enterprise.

5. The Technology Excellence Award: This award is presented to the AP/Finance team that has leveraged technology solutions to impact AP operations and performance.

6. Innovative Solution of the Year: Presented to the solution provider who most significantly impacted the market with innovative solutions.

7. Best Technology Partnership: Presented to the best partnership between a solution provider and their accounts payable team customer on to a technology deployment.

Nominations are due by 9/17 with the AP Honors 2024 Ceremony happening in mid-October.

           

 

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