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Live From the AP Leadership Conference
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The Accounts Payable Network's AP Leadership Conference is in full swing. AP professionals from organizations large and small are sharing best practices and taking home ideas that they can implement as soon as the conference ends.
This issue features just some of the fascinating AP insights that attendees have shared with their peers. Even if you did not attend the conference, you can still benefit from their expertise.
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| Patrick Harbin – Editor
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Leadership Roundtable |
The highlight of the conference's first day was the AP Leadership Roundtable. At this information-packed session, more than two dozen managers, shared service directors and other AP professionals met to discuss key finance issues and challenges.
Attendees expressed concerns about the challenges they face every day while many shared their strategies for overcoming them. Leadership issues ranged from motivation and morale to strategic planning and payment practices. Some specific best practices that other AP departments can glean from these discussions include:
- Conduct employee attitude surveys. These surveys essentially ask employees how they feel about their jobs and the company. You may be surprised by the difference between how employees feel and how their managers think they feel.
- Employee recognition doesn't have to break the bank. Many organizations have award ceremonies honoring outstanding performers that do not include monetary awards. Often, fellow employees nominate and vote on the recipients, rather than management choosing the winners.
- Make sure any metrics that you publish make sense to the reader. Publishing AP metrics helps other departments better understand the process, but these reports do no good if the reader doesn't understand them. Clearly define what each metric means.
These are just a small sample of what attendees are learning at the AP Leadership Conference and the conference is only half over!
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Just for Fun! |
Anyone who drove to the AP Leadership Conference would have gotten here much faster if they weren't limited by the U.S.'s 70 mile-per-hour speed limit. Is that reason enough to raise it? See Time to Raise the Speed Limit – How Does 150MPH Sound?
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