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Managing Accounts Payable

7 Technologies Are Key to Driving AP Productivity Increases

March 2004

You don’t have to be a top-flight economist to know that most accounts payable departments are experiencing phenomenal increases in productivity. These increases are well documented in IOMA’s AP benchmarking study and can also be seen nationwide where the U.S. economy experienced productivity increases of 2.7% last quarter following up on a whopping 9.5% increase in the previous three months. When economists are questioned about where this improvement came from, they identify one root cause: information technology.

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March 2004 Table of Contents [ toggle snippets ]

  • Implementing EIPP: What Your Department Needs to Know to Get Started
  • Nine Strategies to Help You Win the AP Survival Game
  • AP Best Practices: How to Handle Unidentified Invoices
  • How to Comply With OFAC Regulations
  • A Simple Approach to Getting Invoices the Way AP Wants Them
  • Is There a Better Way Than Printing and Filing Copies of Checks?
  • Newest AP Opportunity: Contract Compliance
  • 7 Technologies Are Key to Driving AP Productivity Increases
  • Accounts Payable Managers’ Forum (04/03)
 

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