Tag: Accounts Payable
Effective Financial Operations Management for Small Businesses: A Look from the Inside
Effective Financial Operations Management for Small Businesses: A Look from Inside Ally Pediatric Therapy In this recurring SmartPayments feature, we sit down with business payment professionals from the corporate and banking space to talk to them...
B2B Electronic Payment Adoption & Fintech’s Evolving Role: NACHA and Bottomline Technologies Sound Off
Despite offering innumerable benefits, electronic payment adoption continues to face challenges as organizations cling steadfastly to their tried and true paper-based processes. Fintechs have worked and continue to work hard to change that, however. To...
Request for Payment and the Need to Balance Speed & Security: NACHA and Bottomline Technologies Sound Off
As you consider the proliferation of new payment options flooding the industry, such as request for payment, it’s easy to be overwhelmed by the choices and confused by what it all means to you and...
Getting More Out of Accounts Payable: Lessons for Treasurers
As discussed in the previous post and throughout the series, as the function of accounts payable evolves, Treasury is positioned as an ideal partner to help transform it into a profit center. Here are the...
3 Trends Impacting Your AP Department in 2018
For accounts payable (AP) departments, the pressure is on. Traditional responsibilities are shifting and AP is being tasked with driving greater value, cost savings, and efficiencies across business functions. Three industry trends are the driving...
B2B Payments & Working Capital Management Strategies
Nearly half of all corporates see a bank’s B2B payables offerings as being an important factor in the bank selection process. Strategic Treasurer’s B2B Payments and WCM Strategies Survey captured the responses of 335 corporate and...
Navigate Your Way to Success with AP Metrics that Matter
The GPS is a technological advancement that never ceases to amaze me. You tell it where you want to go and it tells you how to get there, no matter how lost you may be....
Transforming AP into a Profit Center
As discussed in the previous post, understanding the need to optimize working capital requires AP and Treasury to work together. So how can a historic cost center like AP become a profit center? The approach...
Why the Partnership between Treasury & AP Matters
As discussed in the previous post, Treasury understands that AP has a significant impact on working capital and accordingly, their stake in the success of AP is high. Optimizing working capital and liquidity requires that...
Treasury’s Role in Transforming Accounts Payable into a Profit Center: Recognizing AP’s Plight
Treasury, in conjunction with AP, needs to establish the link between vital corporate goals and AP’s role. Find out how Treasury’s effort and support in this area can be the driving force that helps AP...