Business
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Who Really Changes? 4 Things to Think About With Accounts Payable Automation
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Have you heard the one about how many accountants it take to change a light bulb? <Answer from the accountant> “Change? No one said anything about change!” I think all of us in finance and accounting get a bad rap about change. The joke is an example of how inflexible we come across to the…
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Ups and Downs of #APAutomation Change – !
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In my book The 8 Pitfalls of Accounts Payable Automation, I wrote that the process from decision, purchase, implementation and go live was like riding a roller coaster. In the spirit of this article there are 5 ups and downs during the starting and ending process of change that you will go through with Automating…
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Asking Questions About Accounts Payable Automation is Difficult – 4 Things
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I run across a lot of people who are evaluating Accounts Payable Automation for the first time. When we connect, I always ask a certain set of questions, even if I know the company… I just don’t want to assume anything. So one of my questions is “what is it that you are expecting automation…
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Process Vs. Impact for #APAutomation
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I don’t do a lot of this verses that. It is easy to compare things and those things have so many moving parts that the comparisons don’t work. Now, to move away from writing in general terms today’s this verses is a fair comparison because the “this” is a common mistake that people make when…
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A Little Word From Our Sponsor – Chris
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Every once in a while I think it is important to step back and look at the big picture. One of my favorite Stephen Covey habits (of the seven) is the idea of “sharpen the saw”. The story Dr. Covey shares is a person cutting down a tree not stopping to sharpen the saw because…
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Once AP Automation Is Implemented Everything Will Be Fine… Maybe…
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If you are a consistent reader of my articles… first, thanks! Second you probably have realized that I use the word “journey” as it pertains to the automation process. Journey? I use the word journey because AP Automation has unique phases, and each phase has it own distinct obstacles, challenges and problems. Just like any…
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4 Things that will help you know if your current process is ready for AP Automation
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I consider myself a person that does a lot of preparing. To give you an example my family and I moved about 8 months ago and I had a detailed project plan with an attached Spreadsheet that nobody but me paid attention to. In the end we moved but I think the rest of the…
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Beating Your Vendors Up Can Be A Sport – Does it Work? #APAutomation
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You might remember many years ago that Wal-Mart went paperless. Wal-Mart has, at least in the media, the reputation of beating up their vendors. Well, when this paperless thing came around they told their vendors, that if they wanted to get paid they would have to go to a portal enter their information and submit…
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With AP Automation, Is Cost The Most Important Factor? – 1 Sad Story.
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I think I would turn off an entire group of readers if I wrote that cost wasn’t important. Cost is the way we establish value for things. Cost helps up benchmark and prioritize projects within the business world. Cost is very important, but today I am going to use a real life example to help…
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NY/NJ – This Week – FMS
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This week I am going to be in Hackensack, NJ today talking to the fine folks at FMS, Financial Managers Society. It’s a great group of most regional to community bankers. I am going to be talking on the subject of The 8 Pitfalls of Accounts Payable Automation… Can you believe it? If you are attending,…