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Accounts payable automation can remove process inefficiencies, mitigate duplicate invoice processing, improve controls, mitigate payments fraud, fuel more effective working capital management, and improve supplier relationships(1). The benefits to AP automation to your company may seem clear, but an effective business case must be constructed and delivered effectively to secure an investment in AP automation. Creating and delivering and...
The entire paradigm of corporate treasury has changed over the past few years from a focus on back office operational efficiency to being a strategic partner across the enterprise.  A successful Treasury Department must master many business dimensions in order to offer strategic value across the enterprise. When I look to define a best in class Treasury function in today’s world I categorize the key functions of Treasury into...
I have been fortunate to have what most would consider an interesting career. I have worked for many types of businesses and organizations, and have had the opportunity to interact with thousands of financial professionals in person at conferences as a speaker and attendee, and tens of thousands more in developing and moderating webinars. One thing is clear, when shared through mentoring or speaking at a conference or on a webinar, the...
A topic of conversation that has certainly become more popular over the last few years as individuals realize that they need to differentiate themselves (or be seen as "best in class") among their professional peers is the value of professional certifications/designations.  In general I am a believer in the value of professional designations as I am a Certified Treasury Professional (CTP) and I believe that this...