Payment

“Organizations can benefit by developing a broad perspective on payment options and implementing a blend of solutions that will best support their internal goals,” says Lynn Larson, CPCP,

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In Electronic Payments via ACH: Overcoming the Remittance Information Roadblocks, we discussed benefits and drawbacks of ACH payments. In particular, we looked at the challenges that ACH payments… Read More

What are the advantages and disadvantages of ACH? Hear what some AP professionals currently making payments electronically via ACH have to say, including on the issue of remittance information, which

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A methodical approval process ensures that AP pays invoices accurately and timely. But developing that process isn’t easy when accounts payable is tasked with providing financial, procurement,… Read More

At FedEx Services in Memphis, Tenn., the disbursement department handles approximately 20,000 international invoices per month. “Coding and entering invoice data accurately is extremely important… Read More

As a one-person AP department, Heather Kiefer Kennedy has to make sure she is working as efficiently and effectively as possible. Kennedy has been Accounting/Inventory Manager at Choice

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Disbursement Agent Julie Moehring is on a constant quest to eliminate duplicate payments—a common scourge of every AP operation and a real disaster for those departments that handle a large volume

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As a general rule, most AP department managers will say, “Never pay from a vendor statement.” Al Barrett, Shared Services Manager at Briggs & Stratton Corporation, is no exception. “Paying

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Organizations often have a difficult time processing invoices in a timely enough manner to qualify for early payment discounts. Fortunately, technology has improved processing times, and there is an… Read More

With more invoices and payments being processed via mobile devices, it behooves the AP manager to understand the benefits and risks of mobile technology. To get some valuable insights, Managing… Read More