Automation

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If automation is a priority for you or your team, IOFM's next AP Demo Day is the ideal place to start. Join us this July 20th for a full-day virtual event featuring demos of the latest solutions that can help you on your automation journey! 

Your relationship with suppliers is built on on-going communications to order, receive, promote and pay for goods and services. Inevitably, throughout the process, errors occur that lead to friction.

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Odds are good that fraudsters have tried to trick you into making payment to a bank account that they control. The risk of falling victim to these schemes has grown since companies started relying

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Facing economic headwinds and a persistently tight labor market, finance leaders are having an increasingly tough time hiring finance staff with specialized digital skills. According to Gartner, only

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Without proper internal controls, accounts payable (AP) practices can expose businesses to significant risks – including those of financial errors, duplicate payments, and potential fraud.

This

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How AP Can Help Navigate a Difficult Economy 

Economic indicators are sending confusing messages in 2023. While some experts predict a recession over the course of the next year or so, others

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E-invoicing? Payment risk monitoring and prevention? Automated supplier onboarding? 

Whatever problem you are trying to solve by transforming from manual to digital processes, you may be

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When it comes to starting your journey to a fully automated procure-to-pay (P2P) destination, it can be easy to think that it makes the most sense to start at the beginning – procurement. But

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One of the major concerns with spreadsheets is improper updates and changes. Whether it’s you, a coworker, or a client, making ill-advised changes to a spreadsheet can break its functionality.

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For nonprofits, complying with regulatory requirements is crucial for maintaining a nonprofit status (as prescribed by the Internal Revenue Service and other regulating agencies). And it’s no

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Leveraging artificial intelligence (AI) in business processes is an obvious value add. However, searching for the right AI solution for your organization can be tricky and more nuanced than you might

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