The APQC Blog
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Why Is Indirect Procure-to-Pay Such a Struggle?
APQC is currently conducting a study that focuses on indirect procurement. This research will provide insight into what benefits can be obtained by modernizing aspects of the procure-to-pay process and explore cross-functional collaboration and alignment between…
How Conflict Minerals Reporting Can Improve Customer Trust
The deadline for filing your company’s Specialized Disclosure Report (or Form SD) and Conflict Minerals Report is looming (effectively June 2nd). The theory behind exposing human rights violations in corporate supply chains is important, but the mix of social consciousness and SEC filings…
EPM Integration Between Finance and Supply Chain: Worth the Challenge
APQC recently talked to Dean Sorensen, founder of IBP Collaborative, on the benefits and challenges of integrating sales and operations planning (S&OP) and enterprise performance management (EPM) in finance and supply chain functions. Dean Sorensen, a management consultant, helps…
How EPM2 Creates Value and Reduces Planning Costs
In this short You Tube video, Dean Sorensen explains in simple terms the incremental business capabilities provided by the next generation of enterprise performance management (EPM), which he calls EPM2. These capabilities enable organizations to achieve financial, operational, and strategic…
Strategic Sourcing and Supply Chain Resiliency
During the recession, many companies pared their supplier lists to win volume price discounts from surviving vendors. Many firms also extended the global reach of their sourcing activities. But the need to balance cost efficiency with supply chain resiliency has become a growing concern. APQC’s…
Despite Barriers, Finance Orgs Get Buy-In from Suppliers Resistant to E-Invoicing and AP Automation
Automation of invoice processing, especially when electronic invoicing (e-invoicing) via EDI—a supplier portal—or network is involved, can save an organization 60 to 80 percent of its AP processing costs compared to its paper-laden predecessor. But less than a quarter of respondents to a recent…