Payment

Bankers Paul Hogan, Michael Concannon and Norbert Galligan of Allied Irish Bank spent years preparing for February 1, 2014, the initial date set for the SEPA (Single Euro Payments Area) initiative to

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Vendor complaints are a fact of life in AP—but that doesn’t mean you can’t eliminate the aggravation they bring. All you have to know is how to either stop them from happening or how to respond

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Teledyne Technologies Inc. is a leading provider of electronic components, instrumentation, and communications products. The company employs 8,100 people in total. One division is Teledyne Brown

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Company growth can put a lot of pressure on AP departments—even if they are already highly efficient. Cathie Bush at Sun Microsystems saw this first-hand. Her AP department was very streamlined,

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Based in Pittsburgh, Highmark is Pennsylvania’s largest health insurer based on membership and one of the largest nonprofit insurers in the country. With more than $12 billion in annual revenues,

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Briggs & Stratton’s AP staffers were processing so many invoices every day that there was no time to organize, prioritize, or address problems and issues. To keep up with the workload, accounts… Read More

One of the places that corporations are most vulnerable when it comes to stringent internal controls is the payment process. Before Sarbanes-Oxley, lack of adequate controls in this area only opened… Read More

Sometimes, in spite of the best controls and intentions, checks are spoiled. For example, the printer runs out of toner or starts crunching up the check stock in the rollers. Or the wrong routing and

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Late payments cause a variety of problems for accounts payable departments, including late fees, damaged vendor relationships, and possible disruptions to the supply chain. Could late payments also

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“Our AP department was experiencing a very slow and almost null response from suppliers when trying to move them away from check payments,” says Chris Wissinger, Supervisor, Accounts Payable at

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