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AP Automation

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Accounts Payable

Why Accounts Payable Matters – What Every CFO Needs to Know About AP

In this article, we’ll explain what Accounts Payable involves, and look at the challenges and risks associated with it.

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December 5, 2022
Read more about the article Why Accounts Payable Matters – What Every CFO Needs to Know About AP
Accounts Payable

AP Outsourcing or AP Automation: What is Better?

To decide between AP automation or AP outsourcing for your company, it is best to define your goals. In this article, we take a closer look.

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December 2, 2021
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Accounts Payable

How Much Money Does AP Automation Save?

Labor costs cause AP Automation to almost always have a negative ROI. Automation for the sake of automation rarely, if ever, yields results.

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December 1, 2021
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Accounts Payable

What is AP Automation and Does It Work On Its Own?

AP Automation by itself, can lead to negative ROIs. The solution is to outsource the process to a reputable service provider like IQ BackOffice.

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October 20, 2020
Read more about the article What is AP Automation and Does It Work On Its Own?

Dave Schnitt, CEO of IQ BackOffice, discusses the services they provide and the value they add to their clients.

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  • IQ BackOffice Transforms AP Process for a $4 Billion Industrial Equipment Supplier

Recent Posts

  • IQ BackOffice reaches new global milestone in Prestigious OA500 and Global Outsourcing Firm (BPO) Index for 2025

  • David Schnitt, CEO of IQ BackOffice, Shares Insights on Finance and Accounting Outsourcing in Recent Podcast Appearance

  • IQ BackOffice Welcomes Back Youni Kim as Chief Growth Officer

  • IQ BackOffice Transforms AP Process for a $4 Billion Industrial Equipment Supplier

  • IQ BackOffice/Offsite Office President & CEO David Schnitt Shares Expertise at the Digital CPA Conference 2024

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Business Process Outsourcing

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USA
310-322-2758

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Get a Free Process Benchmarking
$2,500 Value!
IQ BackOffice will provide a Consultant to perform a detailed review and benchmarking of your current process. We will:
  • Contact you to arrange a virtual meeting
  • Review your current process in detail
  • Perform a detailed benchmarking and identify opportunities for improvement
  • Create a customized plan including recommendations for technology and process reengineering
  • Present the plan to you including a full business case and an ROI with anticipated cost savings
  • The plan is yours to keep regardless of what you decide to do

Multi-Company Benchmarking Assessment Study – Objectives and Scope

  • Conduct a high-quality, multi-company benchmarking study of participating organizations in the Finance and Accounting function
  • Apply a consistent methodology with continuous communication
  • Collect cost, resource, volume, and descriptive data on a process-by-process basis using standardized definitions of activities and tasks to ensure “apples-to-apples” comparisons
  • Identify where you stand relative to CIC’s benchmark database
  • Present the results in a review session that enables dialogue and discussion among the organizations with some insights into best practices
  • Conduct best practice workshops based on results of the multi-company benchmarking study

Benchmarking Accounting and Financial Processes Whitepaper

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