The Role of Accounts Payable

When it comes to accounts payable, Atlanta CFO Troy Goers says the less he hears from AP, the better. “If they’re doing their job well, they’re keeping a low profile,” says Goers, who works for software firm eQuorum. “That, in my mind, is the sign of an effective AP group, because it means they’re containing issues.” But if some think that means AP represents the Rodney Dangerfield of the accounting department (they “don’t get no respect”), they have failed to realize the powerful impact AP…