Is Your Business Making These Dangerous AP Mistakes?

Описание: As savvy professionals are well aware, your accounts payable (AP) process can make or break your organization’s financial wellbeing. With the increasing complexity of technology, often-tenuous vendor relationships, increasing regulatory demands, and advances in fraud, maintaining a streamlined AP process is not just a requirement—it's a strategic necessity. Perfect for beginners wanting to understand the basics of AP best practices as well as seasoned pros! Today we’re going to take a deep dive into best practices in AP starting with an evaluation of exactly what makes up a best practice. Make sure you stick around until the end when we identify best practices frequently overlooked and those that no organization can afford to ignore.

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00:00 Accounts Payable Best Practice Essentials
01:18 What Makes of an AP Best Practice
08:31 Best Practices for Eliminating Duplicate Invoices
26:09 Some Other Best Accounts Payable Practices
36:17 Best Practices: Disastrous if Overlooked