I really learned a lot of good information at the IOFM’s Accounts Payable Conference & Expo in Washington, DC this past April. My plan is to write a few blog posts here sharing some of this info. Of course the most talked about subject was automation.
I was able to speak to all of the automation vendors about what sets them apart from their competitors, and what the similarities were. While this variety can make it difficult to choose, it does give your company the chance to find an automation solution that fits their needs. Other topics included A/P Best Practices, vendor discount management, and alternate payment methods (besides check and EFT).
The idea of paying your vendors via credit card, was brand new to me. But this is an idea that I will be investigating deeply. I hope to write more about what i find out.
IOFM is having another Accounts Payable Conference & Expo in October. This one will be taking place in Las Vegas. I have already decided to attend this one too. Right now, I'm just looking for a good deal on plane tickets. If you are thinking of going to this conference in Las Vegas this year, send me a message! I would love to hear from you.
Robert Ruhno
Accounts Payable Professional Group
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