Payables Place First Thing Archives - CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT https://cporising.com/tag/payables-place-first-thing/ Analyst-led research and intelligence for the procurement community. Sat, 13 Jul 2024 01:14:05 +0000 en-US hourly 1 https://cporising.com/wp-content/uploads/2024/07/CPOR-Favicon-75x75.png Payables Place First Thing Archives - CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT https://cporising.com/tag/payables-place-first-thing/ 32 32 Solving AP’s Reliance on Paper – Phase 3 – B2B Payments https://cporising.com/2020/05/27/solving-aps-reliance-on-paper-phase-3-b2b-payments/?utm_source=rss&utm_medium=rss&utm_campaign=solving-aps-reliance-on-paper-phase-3-b2b-payments Wed, 27 May 2020 10:00:00 +0000 https://cporising.com/?p=41980 [Editor’s Note: Click to read Part 1 and Part 2 of this series] In Ardent Partners’ AP Metrics that Matter in 2020, our research indicated 55% of B2B payments were made…

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]]> Payables Place First Thing: Retaining Talent in Accounts Payable and Procurement https://cporising.com/2018/12/14/payables-place-first-thing-retaining-talent-in-accounts-payable-and-procurement/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-retaining-talent-in-accounts-payable-and-procurement Fri, 14 Dec 2018 11:00:05 +0000 https://cporising.com/?p=35628 Last week, I discussed the challenges Accounts Payable (“AP”) and Procurement organizations face attracting talent in today’s hyper-competitive labor market. This week I want to cover the second half of the ‘New…

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]]> Payables Place First Thing: A New Approach to Talent Management https://cporising.com/2018/12/07/payables-place-first-thing-a-new-approach-to-talent-management/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-a-new-approach-to-talent-management Fri, 07 Dec 2018 11:00:07 +0000 https://cporising.com/?p=35535 Exactly one month ago I had the honor of moderating a panel discussion on talent management at Ardent Partners’ CPO Rising 2018 Summit in Boston. My expert panel included Ryan Murray, Deputy Chief…

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]]> Payables Place First Thing: What Are You Thankful For? https://cporising.com/2018/11/28/payables-place-first-thing-what-are-you-thankful-for/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-what-are-you-thankful-for Wed, 28 Nov 2018 11:00:14 +0000 https://cporising.com/?p=35486 Every now and then we all need to take a step back and thank those around us for helping us on both a personal and professional level. Accounts Payable (“AP”)…

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]]> Payables Place First Thing: What Does It Take to Implement a Successful Payment Strategy? https://cporising.com/2018/11/02/payables-place-first-thing-what-does-it-take-to-implement-a-successful-payment-strategy/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-what-does-it-take-to-implement-a-successful-payment-strategy Fri, 02 Nov 2018 10:00:51 +0000 https://cporising.com/?p=35198 Early payment discounts, dynamic discounting (DD), supply chain finance (SCF), the time value of money, the cost of capital, the cash conversion cycle, days sales outstanding (DSO), days payables outstanding (DPO),…

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]]> Payables Place First Thing: What’s the Difference Between Dynamic Discounting and Supply Chain Finance? https://cporising.com/2018/10/26/payables-place-first-thing-whats-the-difference-between-dynamic-discounting-and-supply-chain-finance/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-whats-the-difference-between-dynamic-discounting-and-supply-chain-finance Fri, 26 Oct 2018 10:00:16 +0000 https://cporising.com/?p=35129 Last week we discussed the relationship between the Time Value of Money (TVM) and capturing supplier discounts. This week we continue our conversation on discounts by taking a look at Dynamic Discounting…

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]]> Payables Place First Thing: Early Payment Discounts and the Time Value of Money https://cporising.com/2018/10/19/payables-place-first-thing-early-payment-discounts-and-the-time-value-of-money/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-early-payment-discounts-and-the-time-value-of-money Fri, 19 Oct 2018 13:00:39 +0000 https://cporising.com/?p=35046 What do early payment discounts and the ‘Time Value of Money’ have to do with one another? In a word, everything. If you’re in Accounts Payable (“AP”) or P2P, you…

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]]> Payables Place First Thing: Making Payment Exceptions a Thing of the Past https://cporising.com/2018/10/12/payables-place-first-thing-making-payment-exceptions-a-thing-of-the-past/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-making-payment-exceptions-a-thing-of-the-past Fri, 12 Oct 2018 10:00:55 +0000 https://cporising.com/?p=34969 Over the last couple of weeks we’ve discussed payments automation as being the final frontier of Accounts Payable (“AP”) Automation, along with how electronic payments can be a source of…

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]]> Payables Place First Thing: B2B Payments…The Final Frontier of AP Automation https://cporising.com/2018/09/28/payables-place-first-thing-b2b-payments-the-final-frontier-of-ap-automation/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-b2b-payments-the-final-frontier-of-ap-automation Fri, 28 Sep 2018 10:00:17 +0000 https://cporising.com/?p=34770 In a world where the speed of business increases moment by moment, and the next big competitor is right around the corner, enterprises can ill afford to let business value…

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]]> Payables Place First Thing: Fraud on Ice https://cporising.com/2018/09/21/payables-place-first-thing-fraud-on-ice/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-fraud-on-ice Fri, 21 Sep 2018 10:00:43 +0000 https://cporising.com/?p=34655 A Connecticut man recently pleaded guilty to defrauding the owners of a Stamford ice rink, where he worked as general manager, of nearly a half-million dollars. Stamford police said the…

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]]> Payables Place First Thing: Unpaid invoices: Liabilities or Assets? https://cporising.com/2018/09/14/payables-place-first-thing-unpaid-invoices-liabilities-or-assets/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-unpaid-invoices-liabilities-or-assets Fri, 14 Sep 2018 10:00:10 +0000 https://cporising.com/?p=34577 Most people rightfully assume an unpaid invoice is a liability. After all, an invoice means you or your organization owe another organization or person payment for goods or services they…

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]]> What Does the Future Hold for AP? (New Webinar) https://cporising.com/2018/09/07/what-does-the-future-hold-for-ap-new-webinar/?utm_source=rss&utm_medium=rss&utm_campaign=what-does-the-future-hold-for-ap-new-webinar Fri, 07 Sep 2018 10:00:31 +0000 https://cporising.com/?p=34567 Editor’s Note: Join us on Thursday, September 13 at 2pm ET for a complimentary webinar presentation based on our flagship market research report, “The State of ePayables 2018: The Future…

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]]> Payables Place First Thing: The State of ePayables 2018: The Expected Trajectory of AP – Part II https://cporising.com/2018/08/31/payables-place-first-thing-the-state-of-epayables-2018-the-expected-trajectory-of-ap-part-ii/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-the-state-of-epayables-2018-the-expected-trajectory-of-ap-part-ii Fri, 31 Aug 2018 10:00:30 +0000 https://cporising.com/?p=34518 [Editor’s Note: Ardent Partners recently published our annual AP-themed report, The State of ePayables 2018: The Future of AP is Now. Today’s article is part of an on-going series focused on the…

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]]> Payables Place First Thing: The Expected Trajectory of AP – Part I https://cporising.com/2018/08/24/payables-place-first-thing-the-expected-trajectory-of-ap/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-the-expected-trajectory-of-ap https://cporising.com/2018/08/24/payables-place-first-thing-the-expected-trajectory-of-ap/#comments Fri, 24 Aug 2018 10:00:49 +0000 https://cporising.com/?p=34415 [Editor’s Note: Ardent Partners recently published our annual AP-themed report, The State of ePayables 2018: The Future of AP is Now. Today’s article is part of an on-going series focused on the…

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]]> https://cporising.com/2018/08/24/payables-place-first-thing-the-expected-trajectory-of-ap/feed/ 1 Payables Place First Thing: Proof that AP is Broadening its Value To Organizations https://cporising.com/2018/08/17/payables-place-first-thing-proof-that-ap-is-broadening-its-value-to-organizations/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-proof-that-ap-is-broadening-its-value-to-organizations Fri, 17 Aug 2018 10:00:33 +0000 https://cporising.com/?p=34305 There has long been a common misconception that all Accounts Payable does is pay bills. Anyone who works in AP or with knowledge of today’s AP function knows, nothing could…

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]]> Payables Place First Thing: Visibility, Expectations, and Experience: Why Delivering Top Customer Service Matters to AP https://cporising.com/2018/08/10/payables-place-first-thing-visibility-expectations-and-experience-why-delivering-top-customer-service-matters-to-ap/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-visibility-expectations-and-experience-why-delivering-top-customer-service-matters-to-ap Fri, 10 Aug 2018 10:00:25 +0000 https://cporising.com/?p=34233 It’s 11pm on Monday night and I am on hold with my airline trying to get through to an agent to change a flight I have for the next day.…

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]]> The State of ePayables 2018: How Valuable Is Your AP Team To The Greater Organization? https://cporising.com/2018/07/20/the-state-of-epayables-2018-how-valuable-is-your-ap-team-to-the-greater-organization/?utm_source=rss&utm_medium=rss&utm_campaign=the-state-of-epayables-2018-how-valuable-is-your-ap-team-to-the-greater-organization Fri, 20 Jul 2018 10:00:49 +0000 https://cporising.com/?p=34061 [Editor’s Note: Ardent Partners recently published our annual AP-themed report, The State of ePayables 2018: The Future of AP is Now. Today’s article is part of an on-going series focused on the…

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]]> Payables Place First Thing: Exceptions are Meant for Learning, Not Repeating https://cporising.com/2018/06/22/payables-place-first-thing-exceptions-are-meant-for-learning-not-repeating/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-exceptions-are-meant-for-learning-not-repeating Fri, 22 Jun 2018 10:00:01 +0000 https://cporising.com/?p=33863 Last week I discussed ‘Taking Accounts Payable to the Next Level’ and transforming the accounts payable (“AP”) function from a tactical operation to a strategic one. I spoke about leveraging…

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]]> Payables Place First Thing: Taking Accounts Payable to the Next Level https://cporising.com/2018/06/15/payables-place-first-thing-taking-accounts-payable-to-the-next-level/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-taking-accounts-payable-to-the-next-level Fri, 15 Jun 2018 10:00:18 +0000 https://cporising.com/?p=33772 Zig Ziglar, famed American author and motivational speaker, once said “You don’t have to be great to start, but you have to start to be great.” As AP organizations look…

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]]> Payables Place First Thing: How Much Time is Too Much Time to Spend with Your Suppliers? https://cporising.com/2018/06/08/payables-place-first-thing-how-much-time-is-too-much-time-to-spend-with-your-suppliers/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-how-much-time-is-too-much-time-to-spend-with-your-suppliers Fri, 08 Jun 2018 10:00:47 +0000 https://cporising.com/?p=33740 This is actually a trick question…the answer depends on what you are spending your time discussing when you are with your suppliers. This is one of the topics we queried…

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]]> Payables Place First Thing: Tradeshift Introduces Supply Chain Finance Using Blockchain Technology https://cporising.com/2018/06/01/payables-place-first-thing-tradeshift-introduces-supply-chain-finance-using-blockchain-technology/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-tradeshift-introduces-supply-chain-finance-using-blockchain-technology https://cporising.com/2018/06/01/payables-place-first-thing-tradeshift-introduces-supply-chain-finance-using-blockchain-technology/#comments Fri, 01 Jun 2018 10:00:39 +0000 https://cporising.com/?p=33677 [Editor’s Note: Last week Ardent’s Chief Research Officer, Andrew Bartolini, and Research Director, Bob Cohen, met with Tradeshift CEO Christian Lanng to discuss his company’s new announcement related to blockchain…

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]]> https://cporising.com/2018/06/01/payables-place-first-thing-tradeshift-introduces-supply-chain-finance-using-blockchain-technology/feed/ 1 Payables Place First Thing: AvidXchange’s B2B Payments Revolution https://cporising.com/2018/05/25/payables-place-first-thing-avidxchanges-b2b-payments-revolution/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-avidxchanges-b2b-payments-revolution Fri, 25 May 2018 10:00:06 +0000 https://cporising.com/?p=33589 AvidXchange held its annual user conference, Revolution 2018, in Chicago last week and we both attended the full conference and the pre-conference partner meetings. AvidXchange, a North Carolina-based provider of invoice automation…

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]]> Payables Place First Thing: Where is the Best Place to Begin an ePayables Automation Initiative? https://cporising.com/2018/05/11/payables-place-first-thing-where-is-the-best-place-to-begin-an-epayables-automation-initiative/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-where-is-the-best-place-to-begin-an-epayables-automation-initiative Fri, 11 May 2018 10:00:32 +0000 https://cporising.com/?p=33431 It is generally agreed that ePayables automation includes three distinct processes – 1) Receive, 2) Process, and 3) Pay. There is value to an organization in automating each part of…

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]]> Payables Place First Thing: The Change in the ePayables Buying Process Over Time https://cporising.com/2018/05/04/payables-place-first-thing-the-change-in-the-epayables-buying-process-over-time/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-the-change-in-the-epayables-buying-process-over-time Fri, 04 May 2018 10:00:39 +0000 https://cporising.com/?p=33369 The way enterprises do business has changed significantly over the past 15 years and these shifts are reflected in the way ePayables and P2P solution providers go to market today.…

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]]> The Corcentric Brand Unification: Setting a Strategy for Future Growth https://cporising.com/2018/04/23/the-corcentric-brand-unification-setting-a-strategy-for-future-growth/?utm_source=rss&utm_medium=rss&utm_campaign=the-corcentric-brand-unification-setting-a-strategy-for-future-growth Mon, 23 Apr 2018 16:00:34 +0000 https://cporising.com/?p=33201 A few weeks ago, Corcentric announced that they were combining business operations with its parent company, AmeriQuest Business Services, under the Corcentric company name (read Ardent’s initial coverage of the announcement from…

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]]> Payables Place First Thing: Intelligent AP – Maximizing Big Data https://cporising.com/2018/04/20/payables-place-first-thing-intelligent-ap-maximizing-big-data/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-intelligent-ap-maximizing-big-data Fri, 20 Apr 2018 13:00:27 +0000 https://cporising.com/?p=33203 The emergence of innovative technologies in recent years has the potential to radically alter the way business is done. And, as enterprises intensify their focus on optimizing internal processes, modern…

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]]> Payables Place First Thing: Supply Chain Finance – Creating a Win-Win Situation for Buyers and Suppliers https://cporising.com/2018/04/13/payables-place-first-thing-supply-chain-finance-creating-a-win-win-situation-for-buyers-and-suppliers/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-supply-chain-finance-creating-a-win-win-situation-for-buyers-and-suppliers Fri, 13 Apr 2018 10:00:56 +0000 https://cporising.com/?p=33098 [Editor’s Note: Ardent Partners’ State of ePayables 2018 Research Survey is now LIVE. If you are a professional working in Accounts Payable (AP) or Finance, please consider taking this ~15…

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]]> Payables Place First Thing: AP Automation: Beyond Transactional Efficiency https://cporising.com/2018/03/30/payables-place-first-thing-ap-automation-beyond-transactional-efficiency/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-ap-automation-beyond-transactional-efficiency Fri, 30 Mar 2018 10:00:29 +0000 https://cporising.com/?p=32956 Throughout my career, I’ve worked with hundreds of companies looking to automate their Accounts Payable operations. Typically, the organizations are drowning in paper, suffering from manual, time-consuming, costly, error-prone processes…

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]]> Payables Place First Thing: Thoughts from SAP Concur Fusion: Delivering Value to Customers, Growth though the Partner Ecosystem, and Analytics Front and Center https://cporising.com/2018/03/23/payables-place-first-thing-thoughts-from-sap-concur-fusion-delivering-value-to-customers-growth-though-the-partner-ecosystem-and-analytics-front-and-center/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-thoughts-from-sap-concur-fusion-delivering-value-to-customers-growth-though-the-partner-ecosystem-and-analytics-front-and-center Fri, 23 Mar 2018 10:00:47 +0000 https://cporising.com/?p=32828 After spending the better part of last week in Las Vegas at SAP Ariba Live, this week I headed to the beautiful Pacific Northwest to attend the SAP Concur Fusion in Seattle…

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]]> Payables Place First Thing: More Isn’t Necessarily Better When It Comes To Supplier Portals https://cporising.com/2018/03/09/payables-place-first-thing-more-isnt-necessarily-better-when-it-comes-to-supplier-portals/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-more-isnt-necessarily-better-when-it-comes-to-supplier-portals Fri, 09 Mar 2018 14:00:39 +0000 https://cporising.com/?p=32658 Welcome to Ardent Partners’ weekly “Payables Place First Thing” article series. This series will feature recent articles from our sister site Payables Place, which is the global source of ePayables news,…

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]]> Payables Place First Thing: Why Doesn’t Accounts Payable Get the Recognition it Deserves? https://cporising.com/2018/03/02/payables-place-first-thing-why-doesnt-accounts-payable-get-the-recognition-it-deserves/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-why-doesnt-accounts-payable-get-the-recognition-it-deserves Fri, 02 Mar 2018 11:00:10 +0000 https://cporising.com/?p=32572 I’ve been working with Accounts Payable (“AP”) professionals for almost 15 years now, and it never ceases to amaze me how infrequently they get the recognition and credit they wholeheartedly…

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]]> Payables Place First Thing: What’s Really Changed in AP Over the Last 10 Years? A Ton, That’s What! https://cporising.com/2018/02/23/payables-place-first-thing-whats-really-changed-in-ap-over-the-last-10-years-a-ton-thats-what/?utm_source=rss&utm_medium=rss&utm_campaign=payables-place-first-thing-whats-really-changed-in-ap-over-the-last-10-years-a-ton-thats-what Fri, 23 Feb 2018 11:00:45 +0000 https://cporising.com/?p=32504 Welcome to Ardent Partners’ weekly “Payables Place First Thing” article series. This series will feature recent articles from our sister site Payables Place, which is the global source of ePayables…

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]]> Payables Place First Thing: Basware in the News https://cporising.com/2018/02/16/basware-in-the-news/?utm_source=rss&utm_medium=rss&utm_campaign=basware-in-the-news Fri, 16 Feb 2018 11:00:33 +0000 https://cporising.com/?p=32302 Welcome to Ardent Partners’ weekly “Payables Place First Thing” article series. This series will feature recent articles from our sister site Payables Place, which is the global source of ePayables…

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