Audio Conferences
Rethinking Your Metrics & Benchmarking: How to Keep Pace in a Changing AP Environment
June 25, 2007 at 02:00PM ET
Some of your AP department’s metrics may be obsolete. Why? The roles and responsibilities of accounts payable keep changing—so your metrics need to keep pace.
For instance, the growth of shared services, off-shoring and/or outsourcing, calls for metrics that can effectively measure the quality and timeliness of these providers—just as you would monitor your own staff. Metrics can also be used to support key internal controls, and ensure legal and regulatory compliance.
Above all, the right metrics can give AP organizations the ability to deliver data in a meaningful way which not only raises AP’s profile, but unlocks the potential to affect change internally—and for the company as a whole.
Learn how to get the most out of metrics and benchmarking. Join IOMA and AP expert Jon Casher, APM, for a practical, insightful program designed to re-ignite the power of metrics in your AP organization. In just 90 minutes, you’ll learn:
- Key principles and a 7-step process for effective development and use of metrics
- How Metrics and Benchmarking is more than just about processing - 5 other areas you should focus on
- Why best practices that work for others may not be best for you
- How to avoid using metrics that drive the wrong behavior
- How to get your employees, customers and vendors to provide ideas
- 4 types of benchmarking and how they can help you
- Benchmarking pitfalls and how to avoid them
- Resources you can use to measure and improve your accounts payable organization
Plus, get answers to your own questions in the live Q&A session following the discussion.
Featured Faculty
Jon Casher, APM
Chairman, RECAP, Inc.
Mr. Casher leads RECAP, Inc., a leading provider of financial operations consulting services to many of the world's largest and most respected organizations, including half of the top ten U.S. banks.
Purchasing
AP Certification
Receive 1.5 CEUs toward APM, APS, or APD recertification! About the Accounts Payable Certification Programs: The new credentialing plan is designed to establish standards for the profession and recognize accounts payable professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the accounts payable body of knowledge.
Focus Areas |
Product Group |
Accounts Payable |
Audio Conferences & Webinars |
