The Institute of Financial Operations
Non-profit OrganizationsFlorida, United States2-10 Employees
The Institute of Financial Operations is a non-profit umbrella organization based in Orlando, Florida, comprising four affiliated groups: International Accounts Payable Professionals, International Accounts Receivable Professionals, National Association of Purchasing and Payables, and The Association for Work Process Improvement. In May 2011, these organizations were unified to reflect how accounts payable, accounts receivable, procurement, and related back-office functions are interdependent in modern business. It acts as a global voice, advocate, recognized authority, and educator for professionals working in financial operations worldwide, with a focus on automation, document management, and procure-to-pay. The institute serves businesses of all sizes and industries by providing education and resources that address the interconnected nature of financial operations. Its activities center on accounts payable, accounts receivable, automation, document management, and procure-to-pay, supporting professionals across industries and regions. Its audience includes financial operations professionals worldwide seeking education and guidance to optimize these interconnected functions. In April 2026, the organization announced the appointment of Paul Taylor as Order to Cash Education Lead.