The IOFM Podcast

Now more than ever, the world is in flux. It's hard to keep up with this shifting landscape — not only because of the pandemic and the workplace changes it's necessitated, but also due to staff attrition and increased automation. Staying current requires a willingness to seek out change through constant learning. Being open to new information and developing additional skills allows AP professional...

If you have a long list of professional achievements, yet you still doubt your own qualifications and worth sometimes, you may be a victim of "imposter syndrome." According to Sherry Stroud, APM, this can prevent you from reaching your maximum potential. However, the good news is it can be overcome. In this podcast, Stroud explains what imposter syndrome is, how it works — and how to conquer it.

One problem with AP automation is that we tend to look no further than the implementation and the immediate issues it solves. But what comes after that? In many cases, the assumption held by the top of the organization all the way on down is that automation will result in big staff reductions. However, in many cases, reallocating those human resources to more strategic, less clerical tasks can cre...

Liberal arts graduate Michael Rochelle dreamed of working in accounts payable. Although he didn't have any experience in the field, one day he took a chance and applied for an AP job. The hiring manager saw something in him and brought him onboard. Now, almost 20 years later, he has achieved his dream, bringing a fresh perspective to his role as Senior Manager. Join Michael as he offers an innovat...

In this podcast, IOFM Advisory Panelist David Glass discusses virtual card programs and the benefits for both his organization and the vendors—faster payments for vendors, less time and money spent processing paper checks for his organization. Through the combined efforts of his team and his card provider, WVU Medicine continues to grow the program, making AP a profit center within just three year...

Accounts payable director Bethany Mezzadra offers insight into her techniques for developing a highly productive and engaged AP team. She candidly discusses her strategies for problem-solving and improvement during the pandemic, which coincided with a major system implementation earlier this year, and balancing performance with compassion during this difficult time.

Cameco Corporation's AP/AR Manager Doreen Smuda offers her tips for leading a remote team. Her financial operations team began experimenting with working from home more than a year ago, giving her a head start in capturing lessons learned. Spoiler Alert: She thinks there may be some long-term good news for AP departments that come from these unparalleled times.

Friction is undermining the efforts of businesses to optimize their procure-to-pay cycle.  Without addressing this friction, a business' procure-to-pay cycle will continue to be plagued by high costs, lots of errors, long cycle times, poor visibility, and supplier and stakeholder frustration.  During this podcast, Sean Norton of Tungsten Network shares strategies for reducing or eliminating the fi...

Every business has friction in its P2P cycle. But businesses could never be sure of the impact of friction in their P2P cycle, until now. A new collaboration between IOFM and Tungsten Network is measuring P2P friction.  During this episode, you will learn more about the initiative, hear early findings of the project, and get strategies for eliminating P2P friction.

Join IOFM's Editor of Special Projects Mark Brousseau for a lively conversation with Stacey Chimenti, Canon USA's Director of Financial Planning, about the reasons accounts payable processing is becoming more complex, and what accounts payable professionals can do about it.

Migrating from paper checks to card programs is a top priority for the majority of AP departments. During this podcast, IOFM Editor of Special Projects speaks with Ben Bianchino of EML (formerly Store Financial) about trends in card programs, the tactical and strategic programs that card programs provide, common misperceptions about card programs, and strategies for choosing the right card partner...

IOFM Editor of Special Projects Mark Brousseau speaks with Jim Eckstein of TradeRocket on the benefits of supply chain financing to suppliers, buyers and funders, why supply chain financing is particularly appealing to mid-market companies, common misperceptions about supply chain financing, and what to look for in a financing solution.

IOFM Editor of Special Projects Mark Brousseau speaks with Kevin Ryan of Hyland Software on the trends that are shaping accounts payable automation, including enterprise content management, cloud processing, mobile invoice review and approval, shared services automation, ERP integration and more!