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According to Jean Leslie, a researcher at the Center for Creative Leadership (CCL), “Building relationships is one of the strongest skills sets related to AP leadership effectiveness.”
In a
… Read MoreBest-in-class Accounts Payable organizations have it all figured out.
Compared to their peers, the Accounts Payable processes at best-in-class organizations:
• Cost less
• Are more accurate
•
Accounts payable must interact with a variety of customers from within the larger organization as well as from outside the organization. Few, if any, of these customers understand exactly what AP
… Read MoreMetrics are vital for effective performance management in accounts payable. But determining which metrics to use and how often to track them can be overwhelming. To uncover a successful approach for
… Read MoreIt is tough enough for AP to stay on top of the problems created by vendors who send incorrect invoices, send too many copies of the same invoice, or send invoices to recipients all over the
… Read MoreControllers are in the ideal position to provide the financial data that departmental managers need to make smart business decisions. But, as many controllers are discovering, simply disseminating
… Read MoreBy Wayne H. Smith Storing inventory creates expenses for insurance, staff, space, utilities, and financing. The best way to reduce the cost is to reduce your inventory balances. Where to Start Here
… Read MoreWhat are you waiting for?