USPS Move Reinforces E-invoicing

Mary Driscoll's picture

Today’s consumer is riding the latest technology wave and moving digital purchases and payments to mobile platforms. In contrast, B2B billing and payment processes remain mostly paper-based. That said, we see on the commercial side a strong and growing desire for accounts payable (AP) process automation and (more recently) adoption of accounts receivables (AR) data digitization and straight-through processing. The latter means customers can receive, process, and pay invoices without the touch of human hands.

Financial Management: Best Practices Today

Mary Driscoll's picture

Need a quick and handy way to learn what top-notch finance executives are up to? Take a look at this webinar that I hosted recently for APQC’s financial management community. I presented a tidy package of what I determined to be the most informative case studies and metrics analyses that our research team had developed over the previous six months.

In only 30 minutes, we showcased APQC's most up-to-date and reliable examinations of:

Imagine a Sick or Dying Euro

Mary Driscoll's picture

Is foreign currency exchange (FX) volatility a concern of yours? If you manage payables or receivables processes for a large organization that buys or sells in the Eurozone, you should be thinking “outside the box” when it comes to recent FX volatility. And you should pay particularly close attention to the outlook for the Euro. Chances are, your organization’s treasury managers are already developing contingency plans for funding procurement, paying suppliers, and collecting cash from customers should the unthinkable happen: the Euro ceases to exist.

Tips for CFOs Making Large Capital Investments

Mary Driscoll's picture

One of my New Year’s resolutions is to make time for researching and pondering big-picture ideas, especially those with a contrarian flavor. I want to remain alert to the flow of commercial currents that influence how CEOs and CFOs set growth strategies. Ultimately, those high-level decisions drive financial management priorities, particularly those in the realm of business decision-support and internal service delivery. 

Improve Disclosure Management: Webinar On-Demand

Mary Driscoll's picture

CFOs and controllers have been sternly reminding their staffs that there is zero tolerance for errors or delays in financial reporting. The heat source: regulators worldwide who have been ratcheting up quality standards for disclosures. That, coupled with XBRL adoption, is prompting finance teams to address the so-called last mile of finance and streamline and automate financial reporting processes.

APQC Recognized as a Global MAKE Award Winner

Lauren Trees's picture

The news was just released today that APQC has been named a 2011 Global Most Admired Knowledge Enterprise (MAKE) Award Winner. This is the second time we’ve been recognized as a Global Winner and the seventh time we’ve been acknowledged in the North American category. We are thrilled and humbled to be included on this list of amazing organizations, which includes many of our members, customers, and featured best-practice firms.

Read All About It! Recently Published APQC Reports

Marisa Brown's picture

Here are some of the newest additions to APQC's bookshelf. All are free to APQC members and available for purchase by everyone else. 

Business Excellence: Using Process Frameworks and Reference Models to Get Real Work Done

Financial Management: Effectively Managing Risk Across the Enterprise

Reduce Compliance Risk with Strong Control of Debt Covenants

Mary Driscoll's picture

A recent survey of finance executives found that many companies overlook or minimize 
so-called debt covenant compliance risk. This is the risk that a company could default on a bank loan because it failed to keep promises spelled out in a loan agreement.

Paperless Payments—Better Late than Never

Mary Driscoll's picture

The benefits to be gained by paying suppliers electronically have been detailed extensively by APQC’s research staff and other observers. But accounts payable (AP) managers, for a variety of reasons, have clung tightly to the practice of using paper checks for about 75 percent of their vendor payments. Until now, that is.

The Real Pros are Facing IFRS Now

Mary Driscoll's picture

For more than a decade, finance executives have been hearing about the difficulties that would land in their laps once the SEC set the date on which U.S. firms would have to stop using GAAP (generally accepted accounting principles) and start using the “globally harmonized” accounting regime known as International Financial Reporting Standards (IFRS). Understandably, many tuned out the forecasts of woe, concluding that they’d deal with the challenge only when absolutely forced to do so.