Hear first-hand IFOL’s own independent research findings at this exclusive session. Discover global trends and insights in our latest research areas: Future Finance Skills and Technology, Digital Transformation, Accounts Payable Automation Trends, and Technology & Fraud Protection.

Uncover the future skills required in the finance industry, explore transformative technologies driving digitalization, and learn about cutting-edge trends in accounts payable automation.

Our independent research findings will provide you with a competitive edge, empowering you to make informed decisions and stay ahead of the curve. Don’t miss this opportunity to gain invaluable knowledge and network with industry experts.

In this insightful panel discussion we with be exploring the skills that Finance and in-particular Accounts Payable teams and leaders should be developing in order to keep up with the evolution of the Accounts Payable function. Additionally, we will be asking what the future of the Accounts Payable role might look like and how you can position yourself as an Accounts Payable Leader.

Our AP Tech experts share their views on how technology is changing Accounts Payable functions and how you can harness this technology for a range of benefits.

Globally, cybercriminals are targeting companies of all sizes. Every company today is faced with the risk of payment fraud when collecting, storing, and using remittance details to make payments to vendors. IT teams have responded to this threat with firewalls, systems, and software controls, but Accounts Payable and Vendor Setup & Maintenance processes remain a weak point because we still must pay our vendors often using manual or partially manual processes.

This session will cover how Vendor Teams can implement processes, tools, and solutions to ensure that your company pays the right vendor. 

Key Points:

·      How to identify fraudulent inquiries and requests received via email, text, and phone

·      How to avoid adding fraudulent vendors and data in your vendor master file

·      Validation resources for vendor banking, registration numbers and sanction lists

·      What you should be doing to maintain existing vendor data in your vendor master file

In today’s rapidly evolving business landscape, the need for efficient financial management has become paramount. As organizations strive to optimize their operations and cut costs, the transformation of traditional Accounts Payable (AP) functions into a digital, tech-enabled process has gained significant attention. This panel discussion aims to explore the key elements and best practices involved in creating a robust digital Accounts Payable function.

The conference keynote session on “Leading Change in Accounts Payable” addresses the critical role of leadership in driving transformation within the accounts payable function.

Recognizing the importance of change management, the keynote emphasizes the need for leaders to champion and guide the implementation of new technologies, processes, and strategies. Attendees gain insights into effective leadership techniques for managing resistance, fostering buy-in, and inspiring teams to embrace change.

The keynote session also explores the importance of clear communication, stakeholder engagement, and training programs to ensure successful adoption of new practices. By empowering accounts payable leaders with the knowledge and skills to lead change, organizations can navigate the challenges of transformation, maximize efficiency, and achieve long-term success in their financial operations.