It's All about Your Bottom Line: Developing Accounts Payable Issues and Practices

• Pinpoint problems that arise when best practices are ignored in AP
• Implement a best practice AP policy
• Create procedures that address new issues impacting AP function
• Create a best practice policy to address new invoice receipt issues
• Develop an efficient process to handle emailed invoices
• Devise a plan to weed out duplicate copies of the same invoice
• Implement an ACH payment program
• Develop a policy to use ACH to handle all Rush payments
• Build a process to supply remittance information with ACH payments
• Expand an existing ACH payment program
• Develop strategies to convince suppliers to accept electronic payments
• Avoid the hidden surprises that can destroy an ACH payment program
• Create a best practice receipt requirement policy
• Use a new receipt policy to deter fraud and identify expense report abusers
• Identify common tricks used by some employees to pad their expense reports
• Develop procedures to prevent your company from being hurt by ACH fraud
• Implement a vendor portal to improve AP's efficiency
• Utilize a self-service policy suppliers' information
• Eliminate the possibility of change of account fraud
• Create a scoreboard to monitor AP activity
• Utilize big data to better analyze procurement data
• Take advantage of data analytics to improve payment and payables functions
• Pinpoint all the issues that need to be addressed in a BYOD policy
• Create a realistic BYOD policy that addresses your company's needs
• Identify common BYOD concerns and develop policies to address them
• Pinpoint the reasons internal controls fail and address them
• Identify the control problems in the payment process
• Spot the control problems in the AP process
• Detect common control issues around personnel
• Recognize new terminology and technology in use in AP
• Reorganize the AP function to take advantage of new technology
• Implement procedures to ensure compliance with all the regulatory issues
• Create a Dynamic Discounting program
• Pinpoint the skill sets and personnel likely to be successful in AP in the future
• Implement a customer service approach in the AP department
• Identify the needed skills you or your staff might