Payment

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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Mariann Cumbo, accounts receivable and accounts payable manager at Clarke, a Chicago-based environmental products and services company, recently needed to determine how to process payments more

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By Pam Miller, APMD The wide variety of invoice formats can present a major headache for AP and one for which an easy solution is not readily available. Finding the necessary information to be

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By Pam Miller, APMD Moving from a "paper-full" process to a paperless process in AP would certainly count as an AP revolution. Maybe your AP department has already declared a win—in which case,… Read More

When St. Luke’s University Health Network (Bethlehem, PA) experienced a rapid growth period two years ago, the AP department needed to implement some new strategies to increase efficiency.

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Duplicate payments are a critical problem for AP, according to Gaurav Pahwa, Manager—Finance and Accounting at Pradeep K. Gupta Accountants (Melville, NY). "They can increase operational costs,

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You may feel you have no choice but to mandate e-invoicing, particularly if you are expected to show a timely return on an automation investment. But taking a tough stance could put AP's relationship

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How's this for a process? Your warehouses send AP (via overnight delivery) all the receipt forms, (or "receivers") from delivered goods. AP then matches the receivers to the invoices prior to

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IOFM contacted Schmidt to ask her to share her secrets about her successful AP operation and her AP best practices. What follows is Schmidt's description of her success with a recent implementation

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