The inaugural AP Honors Ceremony was an opportunity to celebrate the accounts payable profession and recognize excellence in the field. During the ceremony, Ardent Partners presented awards for outstanding performance and execution in the last year – “The AP Honors” – to a variety of high achievers including Accounts Payable leaders and teams as well as ePayables (AP Automation) solution providers and other experts.
The AP Honors are brought to you by Ardent Partners and Medius. The AP Honors 2023 winners were selected by an expert committee from the pool of external nominations.
“While AP’s profile within the enterprise continues to grow, it remains underappreciated as a whole. The fact is that Accounts Payable and AP
professionals play a pivotal role in maintaining the continuity and success of enterprise operations and it is time to celebrate the Best-in-Class AP performers who are driving the profession forward.” – Andrew Bartolini, Chief Research Officer, Ardent Partners
“Legacy processes that have dominated working capital management are costly, error-prone, and hard to manage. We’re excited to recognize AP professionals who are revolutionizing their procure-to-pay operations, defining what it means to be best-in-class and transforming the finance department.” – Jim Lucier, CEO, Medius
THE AP HONORS CATEGORIES:
The AP Innovation Award: This award is presented to the AP team that has used new and innovative strategies and approaches to overcome significant hurdles.
FINALISTS: Ahlsell and Bilia AB
**WINNER: Bilia AB
The AP Leadership Award (AP Manager of the Year): This award is presented to the AP leader who has driven new performance heights as a result of their direct involvement, leadership and overall exceptional organizational.
FINALISTS: Hemangi Kambli, Larsen & Toubro; Chilain Backman, SpartanNash; Susan Fletcher, Artivion
**WINNER (TIE): Hemangi Kambli, Larsen & Toubro and Chilain Backman, SpartanNash
Best Team Performance Award / AP Team of the Year: This award is presented to the AP department that has excelled across the full scope of the ePayables Framework (invoice receipt, approval, and payment) to make a significant impact on overall enterprise results.
FINALISTS: AP Team – Liberty London; Finance Ops Team – G-Research; AP Team – Teekay
**WINNER: AP Team – Teekay
The Procure-to-Pay (P2P) Collaboration Award: Presented to the organization that has best exemplified the improvements that can be achieved when AP and Procurement departments and personnel work closely with one another to benefit the greater enterprise.
FINALISTS: P2P Team within LVMH Beauty; P2P team within Larsen & Toubro
**WINNER: P2P team within Larsen & Toubro
The Technology Excellence Award: This award is presented to the AP/Finance team that has leveraged technology solutions to impact AP operations and performance.
FINALISTS: Land O’Lakes, Chadwell Supply, Endries International
**WINNER: Land O’Lakes
AP HONORS 2023 TIMELINE
- Nominations open – August 1 thru October 15
- Finalists announced – November 3
AP Honors 2023 Ceremony– November 15
The AP HONORS 2023 is brought to you by Ardent Partners in partnership with Medius.
