Dealing with Small-Dollar Invoices

May 3, 2022

Share

Does this sound familiar? An invoice arrives as an attachment in your AP email. You open the email, examine the invoice, and take a look. Total due is $.91! And with the discount offered for payment within 10 days, the net due is $.82! The labor invested in the invoice by the vendor, plus the cost of processing it, exceeds its face value before it even arrives at your organization! Ninety-one cents may not be a common invoice amount, but there are plenty of invoices that arrive in AP every day…

  Become A Member

Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!

Join Today

Subscribe to our Monthly Insider

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500