Peeriosity Insights: Recent Research Findings Summarized insights.To view detailed research results, contact us to inquire about membership.


Experiences in Outsourcing Purchase-to-Pay Process Areas

Introduction As external service providers continue to improve their service offerings, more companies are including outsourcing as an important part of their overall strategy for Purchase-to-Pay.  With the significant introduction of Intelligent Automation at many outsourcing providers, their capabilities have … Continue reading

Posted in Accounts Payable

Using Evaluated Receipts Settlement in P2P

Introduction Many are familiar with the book, Reengineering the Corporation, by Hammer and Champy, published in 1993, that cited Ford Motor Company’s ability to eliminate 75% of their AP staff by implementing Evaluated Receipts Settlement (ERS) as an example of … Continue reading

Posted in Accounts Payable

Starting the Clock on Payment Terms

Introduction Making improvements to working capital or cash flow requires a clear understanding of the details for current work processes, including fundamentals that include when payment terms begin, and the frequency and timing of payment runs.  For example, saying your … Continue reading

Posted in Accounts Payable

Administering One-Time Payments to Non-Vendors

Introduction In the world of Accounts Payable processing for large companies with billions in annual revenue, streamlining processes and eliminating complexity wherever possible is critical.  In some cases, the efforts required don’t seem to be justified based on the nature … Continue reading

Posted in Accounts Payable

Effective Strategies to Enhance AP’s Relationship with Internal Customers

Introduction Developing a solid relationship with key internal customers, such as Procurement, Finance, and IT, is important for the long-term success of any Accounts Payable organization.  During a recent Peeriosity PeercastTM, we looked at the experiences of one of our … Continue reading

Posted in Accounts Payable

Effective Accounts Payable Audits & Controls to Combat Fraud

Introduction With the significant amount of fraud risk associated with the Accounts Payable process, having the proper controls and audit program in place is key to the overall health of this critical function.  While there are both internal and external … Continue reading

Posted in Accounts Payable

Driving Up Usage Levels for Electronic Supplier Payments

Introduction A variety of electronic payment options for suppliers have been around for a number of years now, but a significant percentage of vendor payments are still made by paper check.  This is especially true in North America, which tends … Continue reading

Posted in Accounts Payable

Improving Accounts Payable Processing Efficiency Through OCR Technology

Introduction Even though Optical Character Recognition (OCR) technology has been readily available for several decades now, a significant number of the major companies in the world do not currently utilize it.  With the recent advances in this technology, which have … Continue reading

Posted in Accounts Payable

Mandating Electronic Payments to Suppliers

Introduction Since the 1980s, when considering improvements to the Accounts Payable process, companies around the world successfully deployed solutions that evaluate Accounts Payable as one component of the Procure-to-Pay process. This yielded improved efficiencies between functional areas, and often eliminated … Continue reading

Posted in Accounts Payable

Pushing Supplier Portal Use for Non-EDI Invoices

Introduction For Accounts Payable departments which are processing thousands of transactions every day, while it’s helpful that a high percentage of transactions are automated using ERS (Evaluated Receipts Settlement, where no invoice is required to generate payment), EDI (where invoice … Continue reading

Posted in Accounts Payable