Accounting

This template provides an example of a service level agreement between the Accounts Payable Department and its business partners. Format Microsoft

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This template is an example of a method for tracking the key performance measurements in an AP service level agreement. Format Microsof

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This template provides a form on which to record, review, and compare your accounts payable key performance metrics. Microsoft Excel

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This template provides an example of a letter you can circulate to your department for closing. Microsoft Word

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This template is an example of a wire transfer policy. Microsoft Word

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Many AP organizations do not look upon the internal auditing/control group particularly favorably. It is, after all, the internal audit group that is charged with finding fault with AP processes,

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Al Barrett, Shared Services Manager at Briggs & Stratton Corporation (Wauwatosa, WI), is dealing with a documentation challenge that presents itself when AP is undergoing an audit. Background:… Read More

Like contestants competing for the number one spot on a television game show, businesses everywhere are continuously fighting to stay on top, build a plentiful jackpot, and make it to the next round

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By Elizabeth Blackman, AP Internal Auditor "If AP is not audited on a regular basis, staff may develop workarounds that are not efficient," says AP Internal Auditor Elizabeth Blackman, NYU Langone

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Although IOFM research shows that more than 99 percent of all accounts payable transactions are handled correctly in most organizations, some payment errors do inevitably occur—even when

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