Centralized vs. Decentralized Accounts Payable Operations

A large majority of companies' accounts payable departments are centralized today. If your organization is considering consolidating their AP units into a single operation, here's a quick review of the pros and cons of either option. Pros Decentralized Payment flexibility, especially for COD payments Redundancy for disaster recovery planning with processing sites and vendors Strong local vendor relationships Easier to allocate cost of operations Site operation accountability Greater…