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

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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →

 Introduction Utilizing an organizational design that includes the role of global process owner for an end-to-end process area, such as Purchase-to-Pay, is considered a best practice by many companies.  However, the manner in which global process ownership is configured and … Continue reading →

Introduction At major corporations across the globe, the Purchase-to-Pay process can be very complex; involving thousands of suppliers and employees who represent many different departments within the company.  While the shift to an end-to-end process design has helped to break … Continue reading →