AP Is Only Half of the P2P Equation

The effectiveness and efficiency with which AP executes the communication part of the P2P cycle is largely dictated by the way in which the purchasing part of the cycle is handled. In other words, the more information accounts payable has about what’s been purchased, received, and accepted or rejected, the better job AP can do when there is a question with an invoice. Purchasing Is Often Only Steps Away, but Can Seem Miles Apart James M. White, Accounting Supervisor at Cole Hersee, a…