APNow: Recent Episodes
Mary Schaeffer
Supplier invoice errors are one of the biggest hidden drains on AP productivity — and they hit your workflow long before anyone notices. In this video, we break down the most common supplier invoice mistakes that create rework, slow approvals, and increase the risk of overpayments: duplicate invoices, missing PO numbers, invoices sent to the wrong place, vendors gaming payment terms, and suppliers refusing electronic payments.
You’ll learn exactly how Accounts Payable can stop these errors early, tighten controls, reduce manual work, and protect your organization from costly mistakes. And once you know how to block supplier errors, take the next step: spot fraudulent invoices before they hit your system. Click the video linked at the end to learn the red flags every AP pro must recognize instantly.
accountspayable #invoiceprocessing #suppliererrors #vendorbilling #duplicateinvoices #missingPO #APworkflow #APcontrols #accountingtips #fraudprevention #invoicefraud #electronicpayments #procuretopay #APbestpractices
Link to Spot fraudulent invoices https://youtu.be/vFaqIb9mzSM
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Looking for more of the most current business intelligence about
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Best practices around your payment and accounts payable function
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Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement
+And much more!!
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See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Most AP automation projects don’t fail because of the solution purchased — they fail because of a few predictable, easy to fix issues inside the AP process. Whether you’re looking for a new AP automation solution or trying to rescue one you already have, the same failure points show up again and again.
Today, I’m breaking down the real reasons AP automation fails and the simple fixes that prevent these breakdowns so you can choose the right solution — or finally make your current one work the way it should. #apautomation #invoiceautomation
automation #automationpitfalls T
he Automation Traps Nobody Warns You About https://youtu.be/Ulz6gjdYgGk
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Looking for more of the most current business intelligence about
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Best practices around your payment and accounts payable function
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Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement
+And much more!!
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Avoid common AP automation mistakes that cause project failure. Learn how to fix ERP integration issues and reduce manual data entry. Many finance teams struggle with AP automation because they overlook critical technical requirements early on. This guide breaks down why standard implementation plans fail, specifically focusing on the disconnect between software capabilities and existing ERP integration needs. If you are preparing to implement new systems, understanding these potential pitfalls is essential for a successful transition. We also examine the hidden impact of manual data entry requirements that often persist after automation goes live. By identifying these gaps in your accounts payable process before you commit to a vendor, you can ensure your project delivers actual efficiency gains rather than new operational headaches. Subscribe for weekly finance automation breakdowns, and comment below if you have faced integration issues with your current software. AP automation failure often stems from predictable errors made during the planning phase. Learn to secure your project. Many finance teams rush into purchasing software without fully vetting how the product aligns with their existing ERP integration. This oversight creates a disconnect that forces staff to continue performing manual data entry long after the system goes live. If you are responsible for digitizing your accounts payable process, you must identify these gaps before signing a contract to ensure the technology actually saves time. This breakdown highlights specific project pitfalls that cause automation initiatives to stall. By focusing on the technical requirements that vendors often gloss over, you can protect your budget and avoid the operational headaches that plague poorly planned deployments. Understanding these critical AP automation mistakes is the best way to guarantee your team sees an immediate return on investment. Subscribe for weekly finance workflow breakdowns, and comment below if you have struggled with ERP compatibility issues in your current system.
Most people can do Accounts Payable… but very few can explain the core concepts clearly. And that’s exactly what separates average AP staff from true professionals. In this video, I’m breaking down 10 essential Accounts Payable concepts that instantly reveal whether someone actually knows what they’re doing — from invoice processing fundamentals to vendor management, 3‑way matching, accruals, internal controls, and more.
If you work in AP, accounting, bookkeeping, shared services, or finance operations, this video will help you level up your technical accuracy, improve your workflow, and speak about AP processes with confidence and clarity.
These are the concepts hiring managers, controllers, and auditors expect you to understand — and the ones that make you stand out in interviews and on the job.
What You’ll Learn:
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The 10 core AP concepts every professional must master
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How to explain AP processes clearly (the skill most people lack)
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Common mistakes AP teams make — and how to avoid them
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How AP connects to month-end close, accruals, and financial reporting
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The exact terminology used by controllers, auditors, and CFOs
Perfect For:
✔ Accounts Payable Specialists
✔ Accounting Clerks
✔ AP Managers & Supervisors
✔ Bookkeepers
✔ Anyone preparing for an AP or accounting job interview
✔ Professionals wanting to grow into senior AP, accounting, or finance roles
Watch next: 5 hardest interview questions for accounts payable https://youtu.be/sJC_sXAmGHI
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Looking for more of the most current business intelligence about
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Best practices around your payment and accounts payable function
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Current and new fraud protection protocols
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The newest technology impacting your accounting, accounts payable, and payment functions
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+And much more!!
Everyone thinks AP is just “paying bills” — until they have to manage it. Then they discover how complicated and far reaching the function really is. Let’s take a quick look at the seven core components that make AP management far more challenging than it first appears. How important is it that you get what I’m about to discuss right? I know of several organizations that had their AP function so messed up, the auditors threatened not to sign off on their financial statements. In two of those cases I was brought in to help reorganize the function, install proper controls and best practices etc. so the organizations were able to get the much-needed sign off. They were not pretty situations – but if I’m being totally honest, a lot of fun … for me … not for the companies involved!
Link to Working in Accounts Payable Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HeNwCTRm4jZIlGKzi8VOwi_
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Looking for more of the most current business intelligence about
-
Best practices around your payment and accounts payable function
-
Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement
+And much more!!
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Master effective accounts payable management to prevent costly errors and ensure your financial records pass every audit review. Many professionals view accounts payable management as a simple task of paying bills, but this function carries significant weight within an organization. Poor oversight in your accounts payable process can lead to severe consequences, ranging from operational inefficiencies to auditors threatening to withhold critical sign-offs. This video breaks down the complexities often ignored in daily operations. Mary S. Schaeffer discusses the realities of maintaining a compliant AP department and explains how to avoid the ugly outcomes that stem from neglect. By implementing standard ap best practices, you can stabilize your workflow and mitigate risk effectively. Understanding the far-reaching impact of these functions is essential for anyone responsible for corporate financial accuracy. Subscribe for weekly accounts payable management breakdowns, and let me know in the comments if you have faced issues with auditor sign-offs in your organization.
you work in, manage or have responsibility for accounts payable in the US or for a US organization, you need to understand a handful of IRS tax forms. You don’t have to be experts – unless of course, they are your primary responsibility – but you do have to know what they are and when each should be used. And, I’m here to not only share that information with you but to tell you, it’s not that difficult. The whole purpose of these forms is to ensure the US government has the information it needs to collect all the taxes it is owed. Your job is to supply the information, the correct information. That’s it. And it’s fairly easy to understand. So, let’s get started. #1099MISC, #1099NEC, #W9, #1099K, W8, W2
Demystifying Form W-9: All Your AP FAQs Answered https://youtu.be/EZKD5eZIE2I
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Looking for more of the most current business intelligence about
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Best practices around your payment and accounts payable function
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Current and new fraud protection protocols
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The newest technology impacting your accounting, accounts payable, and payment functions
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Career advancement
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f you can read an invoice quickly and accurately, you instantly become one of the most valuable people in AP. They never miss the red flags that signal an inaccurate or worse fraudulent invoice. Here are the 8 checks the successful pros never skip.
Link to 5 Quick Tips for Faster Invoice Processing
https://youtu.be/ozS8bBmSL_4
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Looking for more of the most current business intelligence about
+ Best practices around your payment and accounts payable function
+ Current and new fraud protection protocols
+ The newest technology impacting your accounting, accounts payable, and payment functions
+ Career advancement
+And much more!!
+++++++++++++++++++++++
See most recent videos at:
https://www.youtube.com/@APNow/videos
See all short tips at:
https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at:
https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist
https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at:
https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Master invoice processing by learning eight essential checks to verify accuracy and prevent fraud. Become a more valuable AP professional.
Efficient invoice processing is a core skill for any accounts payable clerk. This guide outlines the specific steps you should take every time you handle a document, ensuring you never miss the red flags that signal errors or potential fraud. Whether you are new to the department or looking to refine your current workflow, these AP best practices will help you catch inconsistencies before they become costly problems.
We start by breaking down the importance of the purchase order number. Many professionals overlook this step, but it serves as a critical first line of defense. By consistently applying these eight invoice verification checks, you ensure that every payment is authorized and legitimate. Implementing these accounts payable tips will streamline your daily tasks and protect your company against inaccurate billing.
Subscribe for weekly accounts payable breakdowns, and comment below with the biggest challenge you face when reviewing invoices.
Stop viewing accounts payable as simple data entry. Learn why accounts payable is a vital function for cash flow and your finance career. Many professionals misunderstand the strategic value of accounts payable. This overview clarifies why this department sits at the center of company operations, rather than acting as a back-office task. If you are starting in accounting or looking to pivot, understanding these systems provides a strong foundation for future growth. We examine how mastering accounts payable allows you to gain deep insights into internal controls and automation workflows. These skills are essential building blocks for more advanced accounting career opportunities. Instead of viewing it as a entry-level grind, see it as a pathway to understanding the financial health of an entire organization. By focusing on cash flow management and systems knowledge, you position yourself for long-term success in broader finance roles. This video breaks down how to leverage your current position for better career mobility
The AP Career Path Explained https://youtu.be/O55PwjQ17TU
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Looking for more of the most current business intelligence about
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Best practices around your payment and accounts payable function
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Current and new fraud protection protocols
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The newest technology impacting your accounting, accounts payable, and payment functions
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Have you ever wondered if Accounts Payable is actually a good career path? Can you grow beyond data entry? And how do people move from entry level position in AP to Manager — or even into senior finance leadership? Or other roles. In this video, we’re breaking down the Accounts Payable Career Path from start to finish. And to be clear, not everyone starts at the same point. The truth is, Accounts Payable is no longer just about processing invoices. Modern AP professionals play a huge role in cash flow management, vendor relationships, financial operations, and business efficiency — making it one of the most underrated careers in finance today.
Link to You Won't Believe How Many Things AP Teams Manage! https://youtu.be/r-68nnxPWt8
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Looking for more of the most current business intelligence about
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Best practices around your payment and accounts payable function
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Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement
+And much more!!
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
Criminals are stealing checks from mailboxes, altering payee information, and using sophisticated techniques to drain business and personal accounts. The good news is that a few simple precautions can dramatically reduce your risk. In the next few minutes, we'll cover the most common check fraud schemes and the practical steps you can take to help protect your money and your organization
Link to Electronic Payment Fraud Protection https://youtu.be/H5Ca_GOXHL8
Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1
Looking for more of the most current business intelligence about
+ Best practices around your payment and accounts payable function
-
Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement
+And much more!!
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
very day, businesses of all sizes are targeted by increasingly sophisticated electronic payment fraud schemes. From fake invoices and business email compromise to account takeovers and payment diversion scams, cybercriminals are constantly finding new ways to exploit weaknesses in payment processes. The good news? Most payment fraud is preventable—if you know what to look for. In this video, we'll uncover the biggest payment fraud threats facing companies today, and share practical strategies that can help protect your business, your finances, and as it turns out, in many cases, your job. That’s right: In more than a few cases, professionals who have fallen for these frauds have been fired. So, let’s get started. #payments #fraud #scam
Link to NACHA 2026: Don't Get Caught Off Guard by These Changes https://youtu.be/hIosCWUyrr4
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Looking for more of the most current business intelligence about
-
Best practices around your payment and accounts payable function
-
Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement
+And much more!!
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Nacha Phase 2 hits every company that originates ACH payments — even small Accounts Payable teams that previously had zero monitoring requirements in their accounting and accounts payable process. The impact is operational, technical, and compliance driven. We should all be talking about this – but sadly, I am once again marching to the beat of my own drummer – by myself … although at least this time I am not completely alone. Nandan Avanganti, founder of Vantirs, is joining me today to talk about a new initiative that will create more work for your accounts payable teams – but is a necessity, if you want to continue making ACH payments. #achpayment #Bachaphase2 #fraudfalsepretense
Watch next: Accounts Payable Policy and Procedures Manual FAST! https://youtu.be/8qKncMoHF4w
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Looking for more of the most current business intelligence about
-
Best practices around your payment and accounts payable function
-
Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement
+And much more!!
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
New ACH payment requirements are impacting how businesses originate transactions. Watch this update to ensure your team maintains compliance and operational readiness. This breakdown covers the critical shifts in ACH origination procedures that affect companies of all sizes. If you work in finance or manage an accounts payable team, these updates are essential to avoid processing errors and maintain smooth payment operations. We focus on the specific technical and compliance hurdles that organizations must navigate immediately to align with the latest industry standards. Understanding these ACH payment requirements is vital for anyone responsible for handling electronic funds transfers. By implementing these adjustments now, you can mitigate the risk of payment rejection and operational disruption. We break down the practical steps needed to update your internal workflows and stay ahead of the latest ACH rules. Subscribe for weekly payment operations breakdowns, and comment below on which compliance topic you want covered next.
Link to Journal Entries A Guide to Almost Everything
https://youtu.be/ONc03wC1zFA
Thumbnail:
- Silent AP Failures or Hidden AP Failures
- The Costs You Miss
- Stop the Bleeding
Your company is losing money right now — and no one can see it happening. Not leadership. Not procurement. Not even finance. But Accounts Payable can.
Because the truth is this: most organizations don’t bleed money through big, dramatic failures. They bleed through the tiny, invisible cracks in their AP fundamentals — the ones no one ever talks about because they seem “too basic” to matter.
But those basics? They’re exactly where the damage starts.
A missing invoice. A coding error. A rushed approval. A vendor setup shortcut. A “temporary” workaround that somehow becomes permanent.
Individually, they look harmless. Collectively, they create duplicate payments, late fees, vendor escalations, audit findings, strained relationships, and real financial leakage — all happening quietly in the background while everyone assumes AP is “just processing invoices.”
Today, I’m pulling back the curtain on the AP fundamentals that silently cost companies thousands — sometimes millions — every year. And by the end of this video, you’ll know exactly which basics your organization is overlooking… AND how to stop the bleeding before it becomes a crisis.
urchase recs and purchase orders: These two very basic instruments with similar sounding names have related but very different uses with the organization. Let’s start by looking at them at the macro level. #purchaseorder #purchaserequisition #purchasereq
Link to Purchase Orders: Why You Didn't Get the Promised Special Terms https://youtu.be/0zTv2_gOiB4
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Looking for more of the most current business intelligence about
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Best practices around your payment and accounts payable function
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Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions + Career advancement
+And much more!!
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Everything in accounting (including accounts payable) — the general ledger, trial balance, financial statements, audits, ratios, KPIs — is only as accurate as the journal entries feeding the system. If the journal entry is wrong, everything downstream is wrong. That’s why we put together this guide on journal entries. We’ll show you how to use them, how to fix mistakes and how to avoid Journal Entry Fraud.
So, let’s get started. Link to Accounting Issues Related to AP course https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hd5xiZUp7dVeyEOxAxmmX0i
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Looking for more of the most current business intelligence about
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Best practices around your payment and accounts payable function
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Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement
+And much more!!
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
Test your AP automation knowledge with this professional Accounts Payable skills quiz. Whether you’re an AP specialist, AP manager, or someone working with invoice workflows, OCR, 3‑way match, ERP systems, and automation tools, this episode challenges your understanding of modern AP processes.
We walk through essential AP automation concepts including invoice processing, exception handling, fraud prevention, vendor management, and workflow best practices. This quiz is perfect for AP professionals looking to sharpen their skills, job seekers preparing for AP or accounting interviews, and teams building stronger automation knowledge.
If you work in Accounts Payable, this quiz helps you identify strengths and gaps. If you’re transitioning into AP, this quiz helps you learn the fundamentals. If you’re building automation expertise for career growth, this quiz gives you a competitive edge.
Topics Covered: • AP automation fundamentals • Invoice workflow and exception handling • OCR and data capture • 3‑way match and ERP integration • Fraud prevention and internal controls • Modern AP best practices
Ideal for: AP specialists, AP managers, accounting professionals, ERP learners, and anyone wanting to level up their AP automation skills
Link to Complete Invoice Processing Guide https://youtu.be/YVnYBRLw8PY
Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1
Looking for more of the most current business intelligence about
-
Best practices around your payment and accounts payable function
-
Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement
+And much more!!
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Let's take a look at critical, and often overlooked, accounts payable best practices that every accounting and finance professional should be aware of and incorporate into their operations. #accounting #accountspayable
Link to AI Shortcuts That Save Hours of Soul-Crushing Work https://youtu.be/HZFN-8_2Atc
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Looking for more of the most current business intelligence about
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Best practices around your payment and accounts payable function
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Current and new fraud protection protocols
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The newest technology impacting your accounting, accounts payable, and payment functions
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Career advancement
+And much more!!
Are you ready to ace your next job interview? This video provides valuable career advice and guidance on common accounts payable interview questions and answers that will help you get hired. Learn how to navigate the interview process effectively with essential interview tips and prepare for a successful job interview by avoiding red flags.
Watch next: Accounts Payable Task Based Interview Questions and Answers (with Scripts) https://youtu.be/pZ_TtzWHag0
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Your Three-Way Match isn't working; here's why. Most three-way match problems don't come from complicated issues, but from common, preventable errors. This video breaks down some of the most frequent three way match mistakes, explaining why they happen and, crucially, how to stop them before they derail your accounts payable process. As a savvy financial accounting professional, understanding these accounting basics and invoice processing tips is key for better finance and accounting.
Link to Three Way Match Controls That Save Companies Big Time https://youtu.be/FEwPcrxcaNM
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Looking for more of the most current business intelligence about
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Best practices around your payment and accounts payable function
-
Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement
+And much more!!
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Three way match every Accounts Payable (AP) and accounting team should master.
Link to The Parts of an Invoice https://youtu.be/pVq_0BACFZI
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Looking for more of the most current business intelligence about
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Best practices around your payment and accounts payable function
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Current and new fraud protection protocols
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The newest technology impacting your accounting, accounts payable, and payment functions
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Career advancement
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Most AP teams don’t fail because they’re careless — they fail because they trust the wrong things. An official looking invoice. A familiar process from a previous job. An email that “seems” like it came from a supplier. An automation tool that feels foolproof. These tiny assumptions slip into the workflow quietly… and they’re exactly where the biggest errors, fraud attempts, and audit findings hide. #accountspayable #accounting #accountspayablemistakes
Today, I’m going to walk you through the assumptions that even experienced AP professionals make without realizing it — the ones that cost companies money, damage vendor relationships, and create compliance headaches. If you work in AP, these blind spots are already in your process. The question is whether you’ve spotted them yet.
Link to Trial Balance https://youtu.be/aGkK-ufW-UY
Link to Three-way Match https://youtu.be/ysgyRbw3yVk
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Most accounts payable teams don't fail due to carelessness, but by trusting the wrong things. This video discusses common blind spots in accounts payable that lead to significant financial losses and fraud. We highlight how seemingly official invoices or deceptive emails can introduce errors into workflows, emphasizing the need for robust internal controls. Understanding these risks is crucial for effective finance and accounting operations and sound risk management.
Link to Quick Reconciliation Tricks that Work
https://youtu.be/gCXFs3EcEZc
Trial balance serves as the underpinning of any organization’s financial statements. It is a critical tool used to ensure accurate financial statements. So, let’s take a look at what it is and how it is used in both accounting and more specifically accounts payable and then look at some common misconceptions and mistakes made in relation to this all-important reporting mechanism. #trialbalance #accounting #accountspayable
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
This video provides a comprehensive guide to understanding the trial balance, a fundamental accounting report. We explain what a trial balance is, its importance in financial statement accuracy, and its application in accounts payable. The video also addresses common misconceptions and mistakes related to this critical reporting tool, including discussions on unadjusted trial balances and the accounting equation.
hink you understand ACH? Let’s find out. I’ve got 10 quick questions that trip up even experienced accounting pros. Keep track of your score — you might be surprised by what you don’t know. #ACH #achpayment #payment #paymentinnovation
Link to ACH or Wire: Which is Better https://youtu.be/ZOvcvvM7j04
Link to ACH Payments Explained | Why Most Companies Get This Wrong https://youtu.be/0ihlDHHTQic
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This podcast challenges the conventional advice of always being 100% honest in job interviews. The speaker explains that certain questions are designed as traps, and revealing too much truth in these instances can jeopardize a job offer. Learn how to navigate these situations with our expert interview tips and improve your interview success tips by understanding how to prepare for a job interview, ensuring you know how to answer interview questions and answers effectively. This is crucial career advice for anyone looking to ace their next interview. In this talk, we’re breaking down exactly when you should NOT tell the whole truth, and what to say instead that will make you look like the smartest person in the room — without crossing any ethical lines. #interview #interviewtips #accountspayableinterview
Link: Accounts Payable: 10 Questions to Test Your Knowledge https://youtu.be/jRyp9kG0Dww
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
This video discusses the complexities of accounts payable, highlighting challenges such as "the invoice nightmare," "the duplicate headache," and dealing with resistance. It also touches upon vendor data, technology and AI, and related accounting issues, emphasizing that these functions require more detailed handling than many professionals might imagine. The core focus is on enhancing the accounts payable automation process, including ai invoice automation, to improve overall invoice process best practices and control spend.
Watch Master Accounting for Accounts Payable in LESS than 30 Minutes https://youtu.be/dGJP6V5J9as
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Once I realized that the techniques used for training for the World Memory Championships could also help improve your business processes, I knew I had to share them with our community. I’ve got 5 process improvement tips from a place you probably never thought to look – Moonwalking with Einstein, a fascinating book, by Josh Foer. As I read it, almost immediately it struck me that I might be able to use some of the techniques discussed to become a better bridge player as well. Make sure you stick around until the end when I share how these mental athletes (yes, that’s what the competitors are called) get off what they call the OK plateau, a place most of us have been. If you’ve ever thought that everyone’s abilities plateau at some level, this information will change that perception.
Link to AI Shortcuts That Save Hours of Soul-Crushing Work https://youtu.be/HZFN-8_2Atc
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+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
Once I realized that the techniques used for training for the World Memory Championships could also help improve your business processes, I knew I had to share them with our community. I’ve got 5 process improvement tips from a place you probably never thought to look – Moonwalking with Einstein, a fascinating book, by Josh Foer. As I read it, almost immediately it struck me that I might be able to use some of the techniques discussed to become a better bridge player as well. Make sure you stick around until the end when I share how these mental athletes (yes, that’s what the competitors are called) get off what they call the OK plateau, a place most of us have been. If you’ve ever thought that everyone’s abilities plateau at some level, this information will change that perception.
Link to AI Shortcuts That Save Hours of Soul-Crushing Work https://youtu.be/HZFN-8_2Atc
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Looking for more of the most current business intelligence about
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+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Let’s take a look at 5 basic Accounts Payable concepts or principles used at best practice organizations AND more importantly the Big Mistake that even best practice organizations STILL make related to these very basic processes. And sadly, these mistakes cost the organization hundreds of thousands of dollars – if not more!
Link to 5 Shockers What You Should Know before Taking over Accounts Payable https://youtu.be/LxKEQPNLXEM
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
This video discusses strategic AP processes and highlights critical mistakes many organizations make, emphasizing that these common errors can lead to significant financial losses for companies. We identify specific issues such as "The Sneaky Fraud Oversight," and "The Ballooning Regulatory Requirement." Focusing on the accounts payable process, this session will improve your financial management by avoiding errors prevalent in even best practice organizations.
Anyone who thinks that all you have to do with an invoice is pay it, is in for a rude awakening. We’ve got a list of 9 things that need to be verified before the payment is made. Plus, I want to go over the one piece of information that folks often think they can take directly from the invoice – but they shouldn’t. But first, let’s go over the stuff they must verify. #accounting #accountspayable #invoice
Link to Three-Way Match
https://www.youtube.com/playlist?list=PLtL6rWSXZ-HemLUV6hG8rDbeElk9kaPjm
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Have you ever thought you aced a job interview – and then NOTHING, no request for a follow up interview and worse, no job offer? So, what went wrong? The answer is quite simple. There is a decent chance you made one of the deadly mistakes of job interviewing and didn’t realize it. We’re going to make sure that NEVER happens to you. Stick around as we quickly go through these often-overlooked interview mistakes. #accountspaybleinterview #interviewtips #jobinterview
Link to End of Interview Questions https://youtu.be/v6jekPb7nZc
Link to STAR Method: Don’t Ramble https://youtu.be/tmwmiHXTIr4
Link to Preparing in 15 Minutes https://youtu.be/StE8zLOsQ2k
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I’m about to show you six ridiculously simple AI tricks that saved me hours of boring, soul-sucking work — including one that’s so embarrassing I almost didn’t record this video. And of course, it’s the one that will probably save you the most time and aggravation. #aishorcuts #aiatwork #aiaccountspayable
Over the next few minutes, you’ll hear:
• how AI can summarize almost anything — even things you can’t fully access,
• how to clean up messy data in seconds, • how to get AI to do the math that Excel refuses to cooperate with,
• how to instantly analyze data and create visuals,
• how to let your Zoom calls take their own notes,
• and how to get suggestions that are actually helpful — not the kind your friends offer that make you silently regret asking.
And stick with me, because the last shortcut is the one I never expected to work… but it did — and it was shockingly good.
Link to Microsoft Copilot Beginner Tutorial https://youtu.be/hDq70R9PeeU
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+++++++++++++++++++++++
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Modern business demand that the professionals working for them have good understanding not only of their immediate responsibility but of the basics of all related functions as well. Working, managing or having responsibility for the accounts payable function, the accounts receivable function, purchasing, treasury and a myriad of other related fields requires knowledge of certain basic accounting functions. We’ll take a look at some of them, but first, let’s stat with some basic information to make sure we are all on the same page. #accounting #accountingbasics #accountspayable #accountsreceivable
Watch next: Link to Master Accounting for AP in LESS than 30 Minutes https://youtu.be/dGJP6V5J9as
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+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
ACH payments are fast and convenient — until they fail. In this video, we break down the most common ACH return codes (like R01, R02, R10, and R29), explain what each code means, and show you exactly how to fix the issue quickly and efficiently. Whether you're in accounts payable, accounts receivable, treasury, or finance operations, understanding ACH return codes is critical to keeping your cash flow healthy and avoiding costly payment delays or fraud risks.
What You’ll Learn in This Talk:
What is an ACH return?
-
Common ACH return codes and their meanings (R01–R10, R29, etc.)
-
How to respond to a returned ACH payment
-
Tips to avoid ACH payment failures
-
What to do if a customer revokes payment authorization
-
How to protect against unauthorized transactions and ACH fraud
Link to Payment Fraud Protection Fast Facts https://youtu.be/HLbU7b6Cac8
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You may be sabotaging your own career - without realizing! Let’s examine five common mistakes professionals sometimes make that stall their careers. Sadly, it can take years to recover from these silent killers. And stick around for Career Killer #5—it’s something that’ll either skyrocket your future… or bury it if you ignore it #career #accountingcareer #accountspayablejob
Link to Microsoft Copilot Tutorial https://youtu.be/hDq70R9PeeU
Link to Chatgpt: A Simple Explanation for Non-Geeks https://youtu.be/t1_32InlWuk
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One of the many benefits of making ACH payments is that when they fail, you know almost immediately. And while they fail far less frequently than checks get lost, bounce or are stolen, it does happen. And when that occurs, the ACH payment is returned, hence the term, ACH returns. A good understanding of why returns occur will allow you to create a process that minimizes returns and allows you to respond quickly when they do fail. Today, we’ll discuss the most common reason for ACH returns, and then take a look at best practices to minimize this from happening as well as what to do when an ACH payment is returned. #ACH #ACHpayment #ACHdebits #ACHcredit
Link to ACH Credits and Debits: What’s The Difference https://youtu.be/HyLNyBLGGkY
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Think your AP process is airtight? You might be leaking money and not even know it. Accounts Payable mistakes are quietly draining organizations—sometimes by millions—without setting off a single alarm. And here's the kicker: most teams have no idea it’s happening. These seemingly 'small' oversights are like slow leaks in a massive tank—silent, invisible, but deadly to your bottom line.
In this session, we’ll unpack the three most common AP missteps, explore what you think is happening versus what’s actually going on, and share best practices that leading organizations use to protect their cash flow, vendor relationships, and reputation.
Whether you’re a CFO, controller, or AP manager, this is your chance to review your process, sharpen your defenses, and walk away with actionable strategies to tighten controls, prevent fraud, and boost operational efficiency. Let’s look at three of the most common—and dangerous—AP mistakes, and chances are, at least one is happening in your organization right now. #accountspayable #accounting #invoice
Link to Invoice Best Practices https://youtu.be/Ta25w7SDXec
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Are you ready to elevate your accounting game and streamline your financial operations? In this video, we dive deep into the core principles of Accounts Payable (AP)—the backbone of every successful accounting and finance department. Whether you're a seasoned professional or just starting out, understanding AP fundamentals like invoice processing, three-way matching, payment terms, and internal controls is critical to avoiding costly errors and improving cash flow. In an age, where automation, AI technology and ingenious frauds are common place, everyone needs to be on their toes – whether you work in, manage or simply have responsibility for the accounts payable function. In this fast-paced session, we not only review the process from a best practice standpoint, we investigate the new challenges of technology, AI, new regulatory issues and fraud and their impact facing everyone today.
Unclear accounting and accounts payable policies and procedures can lead to costly errors, compliance risks, and team confusion. This session dives into the essential role of a well-crafted policy and procedures manual in accounting and accounts payable departments. Learn how to streamline workflows, prevent fraud, ensure audit readiness, and foster accountability—without drowning in bureaucracy. Whether you're starting from scratch or refining existing documentation, you'll walk away with actionable strategies, proven templates, and insights that align with industry best practices. Learn how to improve your accounting operations with proven best practices for accounts payable, internal controls, and automation. Whether you're a financial controller, AP manager, or accounting student, this video offers practical tips to streamline your workflow, reduce errors, and prepare for audits. Perfect for CFOs, controllers, AP managers, and operations leads looking to improve internal controls and team performance. #accountspayable #accounting #policymanual #policyandprocedures
Link to Accounts Payable Best Practices Updated https://youtu.be/8RscSRl2BUI
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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This video details how to write an office procedures manual and highlights the importance of employee training. Learn about workplace policies and the policy review process, aligning with industry standard best practices. #procedures #training
What do you say in a job interview when you’re hit with a question you completely blank on? Freeze, fake it, or finesse it? Today, I’ll show you how to handle this situation like a pro — without tanking your chances. What can you do? We’ve got a few suggestions that will help you maneuver out of these tight spots. By the end of this video, you’ll have 5 proven ways to respond — and 1 risky move you should never try. #interview #jobinterview #interviewquestions
Link to Preparing for a Job Interview as Few Do https://youtu.be/StE8zLOsQ2k
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+++++++++++++++++++++++
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Here’s the simple, yet shocking truth that no one talks about: Over one-third of all invoices are not accurate … and you know which way those errors are going … not in your favor. Compounding the problem are invoices that get paid twice – and no, the supplier doesn’t automatically return the second payment – fraudulent invoices and payments made from statements and of vendor credits. Let’s take a look at where and how these problems occur and what you can do to combat them. Stick around until the end when we address the solutions that don’t work, those tactics you think should protect you from paying incorrectly, but don’t actually do what you think they do. #invoices #invoice #accountspayable #accounting
Link to Accounts Payable Issues Everyone Ignores until Disaster Hits https://youtu.be/jU26nsuOVNA
Link to Three Way Match: The Complete Guide https://youtu.be/ysgyRbw3yVk
The Shocking Truth About Invoice Accuracy That Nobody Tells You
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I’m sure most high-level executives would not agree (at least in public) with what I am about to say about Financial Statements, but that isn’t going to stop me. Here it is. When a public company has unpleasant information that it is obliged to divulge to its shareholders and would prefer not to be questioned about, they will often bury it in the notes to the Financial Statement, if at all possible – which means, if their auditors will allow them to. Clearly not all companies do this, but many do. That’s just one of the many reasons, savvy investors and others devour the notes to the financial statement with great relish. You should do the same. #notestofinancialstatements #fifthfinancialstatement #finacialstatements #accounting
Link to Balance Sheet and Income Statement A Beginners Guide https://youtu.be/Prv1UER1VI4
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Purchase orders are those very common documents that impacts many different departments within an accounting organization – from the purchasing professionals who create them, to the sales department who receives them and sees to the fulfillment of the order, to the billing department who creates the invoice associated with that purchase order and finally to the accounts payable team who uses that purchase order as part of their invoice verification process. Let’s take an in-depth look at exactly how POs work and what can and frequently does go wrong when they are not used correctly. We’ll also investigate blanket POs and the problems associated with this popular approach. #purchaseorder #purchaseorders #blanketpurchaseorder #PO
Link to Three Way Match: The Complete Guide https://youtu.be/ysgyRbw3yVk
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Blinded by the administrative ease and the back-office cost savings, many accounting and accounts payable professionals embrace recurring payments without setting up the appropriate controls to prevent some very common mistakes … and these errors can be quite costly indeed. We’re going to address some of the problems recurring payments introduce into the payment process and then the best practices you can use to make sure these issues don’t occur in your organization. #payments #recurringpayments #accounting #treasury #creditcards
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Link to Blanket Purchase Orders Explained https://youtu.be/RK8Vfp4lXZs
Sales tax holidays are one more way to save a few dollars, both for yourself personally as well as your business. They are not offered in every state, in fact some of the larger states, like New York and California, don’t seem to have them, although Texas and Massachusetts do. We’re going to do a very brief run-down of the holidays we know about and then tell you what to do if you think you might be able to take advantage. Unsurprisingly, the dates and items covered also vary by state.
Link to Crushing Imposter Syndrome https://youtu.be/nKfVtwRLeJY
salestax #salestaxholiday #salestaxholidays
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9 Unique and Powerful Interview Tips - ace your job interview by utilizing these simple strategies
Link to End of Job Interview Questions And Answers [Winner Secrets] https://youtu.be/v6jekPb7nZc
jobinterview #interviewtips #accountspayableinterview
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Is that invoice ready for payment? In accounts payable, best practice accounting organizations like to say, A good invoice gets a good payment. What makes an invoice good? It’s a lot more complicated than it might seem. Best practice accounts payable teams look at 8 different factors. Let’s look at them together. #accountspayable #threewaymatch #invoice #accounting
Link to The Three-Way Match: Comprehensive Guide
https://youtu.be/ysgyRbw3yVk
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Costly overlooked issues that no one talks about could derail your accounts payable or accounting automation project. But once you know what they are, you can work around them AND recognize them when they arise.
Link to The Managing Interruptions Survival Guide https://youtu.be/lAaVtX1Y1vU
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Are the trial balance and the balance sheet the same thing? Of course not. But, confusion between the two is more common than you might imagine. Let’s take a look at both of them so you understand what they are, how each is used and how they are different. They are both used in accounting, accounts payable and finance. But that is about where the similarity ends. Make sure you stick around until the end when we discuss the one critical difference few hone in on. And it is important. #trialbalance #balancesheet #accounting #accountspayable
Link to Avoiding Mistakes in the Trial Balance https://youtu.be/lZi5SNe7qYw
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ookkeeping and accounts payable are closely connected, with many bookkeepers performing the accounts payable function. This guide is designed to ensure those doing that do so in a efficient and effective manner, while protecting against fraud and collecting all data necessary for complete regulatory compliance. This is harder than it sounds. #bookkeeping #bookkeepingtraining #accountspayable
Link to Accounts Payable Accounting A Guide to Almost Everything https://youtu.be/dGJP6V5J9as
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When it comes to cash management, sometimes accounting and finance professionals miss the big picture … and they miss it big time. They can’t see the proverbial forest for their focus on the single cash tree. Today we’re going to take a look at both sides of the equation – payables and receivables – where cash management can make a difference – and NOT always the way you’d expect, despite the best intentions of the practitioners.
Don’t win the battle only to lose the war! Let me explain. Make sure you stick around until the end when we share the nasty tactic some organizations use to get their customers to pay twice. Everyone needs to be on the lookout to make sure they recognize when their suppliers are trying to pull this trick on them #cashmanagement #corporatecashmanagement #accounting
Link to ACH Payments: A Guide to Almost Everything https://youtu.be/0ihlDHHTQic When it comes to cash management, sometimes accounting and finance professionals miss the big picture … and they miss it big time. They can’t see the proverbial forest for their focus on the single cash tree. Today we’re going to take a look at both sides of the equation – payables and receivables – where cash management can make a difference – and NOT always the way you’d expect, despite the best intentions of the practitioners. Don’t win the battle only to lose the war!
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Not understanding the nuances of the three critical accounts payable documents has caused more than a few accounting professionals countless hours of anguish. For one tiny misstep with regards to these documents can translate into duplicate payments, paying for something the supplier is supposed to pay for, paying too high a price or even worse, fraud. This means countless hours spent trying to get money back, fix mistakes or even more grueling, explaining what went wrong to management. To help you avoid all of these fates, let’s look at the documents, the potential problems and what you need to do to avert those headaches.
Link to Three Way Match: Complete Guide https://youtu.be/ysgyRbw3yVk
accountspayable #invoices #payments
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Time and again, organizations skip critical vendor setup checks when setting up new vendors in the master vendor file, setting themselves up for financial losses, operational nightmares, and worst of all—an irate boss or board of directors demanding answers. Make sure you stick around until the end when we discuss the one task that many take a lackadaisical approach to, an approach that makes them inefficient and eats stealthily into your bottom-line profitability. #mastervendorfile #vendorfile #vendor #vendormanagement
Link to ACH Payments: A Guide to Almost Everything https://youtu.be/0ihlDHHTQic
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Think LinkedIn is just for job hunters? Think again. Even if you love your job and plan to stay put, skipping LinkedIn today is a huge mistake for accounting, accounts payable, finance, and treasury professionals. . It’s not just about checking for job openings, it’s the platform every professional interested in their long-term career needs to be on. Let me show you why and how you can take your career to the next level – and meet some really interesting people along the way. #linkedin #linkedinprofile #linkedintips #jobsearch #careergrowth #careerdevelopment
Link to How to Find the Hidden Job Market https://youtu.be/_JHffWRipPM
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You can make your Accounts Payable team in Accounting dramatically more efficient without spending a dime on new technology. Let me show you 8 simple tactics to enhance your accounting operations. Stick with me—because by the end of this video, I’ll show you a tactic few even think to use – and it will leave you slapping your head saying, “why didn’t I think of this?” #accountspayable #accounting #mrbeast #invoices
Link to ACH Payments: A Guide to Almost Everything https://youtu.be/0ihlDHHTQic
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Recently, AP Now (and I celebrated) our twenty-year anniversary. That’s 20 years of covering accounts payable, accounting, payment and job interview issues. Kind of a State of the Union, Here’s a look at the State of Accounts Payable today or 20 Lessons Learned.
Link to Using AI in Accounting and AP playlist https://whttps://www.youtube.com/playlist?list=PLtL6rWSXZ-HfYZ5xRXEfVfALdHSDViv_d
accountspayable #stateofaccountspayable #accounting #jobsearch #stateofaccountspayable Watch next:
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You can make your AP team dramatically more efficient without spending a dime on new tech. Let me show you how the 1% approach can help you quietly crush inefficiencies that drain your bottom line every day. These improvements tend to be smaller and hence don’t get the recognition they deserve.
Link to ACH Payments: A Guide to Almost Everything https://youtu.be/0ihlDHHTQic
accountspayable #accounting #mrbeast
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In accounting, accounts payable and accounts receivable play key - but very different roles. I recently saw a short piece on the Internet which said, Accounts payable, which is also known as accounts receivable … “No it’s not” I screamed.
A good understanding of each, along with their differences, is critical for anyone who works in accounting, finance and of course, accounts payable or accounts receivable.
Link to Understanding Cash Flow Statements for Beginners
https://youtu.be/go2MG8tb2Iw
accountspayable #accountsreceivable #differenceapar #differencearap #accounting
Learn how to create accurate accounting journal entries and accounts payable journal entries to avoid costly financial mistakes. Master your AP process and improve your accounting accuracy today! Are your accounting journal entries setting you up for future headaches?
In this quick guide, we break down how to create accurate accounts payable journal entries, avoid common accounting mistakes, and keep your financial reporting clean and reliable. Learn about simple, compound, adjusting, closing, and reversing journal entries, plus when and how to record AP transactions like invoices, payments, late fees, and adjustments. Perfect for accountants, accounts payable specialists, and finance pros looking to sharpen their accounting skills and streamline their AP processes. Whether you're new to accounting or a seasoned professional, mastering journal entries is critical to avoiding costly errors. Watch now and elevate your accounting expertise!
Link to Journal Entry Mistakes https://youtu.be/Qqb5BYRIp7w
journalentriesaccounting #journalentry #journalentries
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Think your organization is safe from costly AP mistakes? Think again. In this eye-opening video, we reveal 8 deeply embedded misconceptions about accounts payable that silently drain millions from top companies—including a final myth that could be stealing massive dollars right off your bottom line. Learn the worst practices, hidden costs, and, most importantly, how to fix them. From political impacts to automation myths to fraud risks, we cover it all. Don’t miss the last one—it's a real game-changer! Watch now and protect your organization’s cash flow, compliance, and reputation.
AccountsPayable #FinanceBestPractices #APAutomation #DuplicatePayments #FraudPrevention
Link to: ACH Payments: A Guide to Almost Everything https://youtu.be/0ihlDHHTQic
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We’re walking through a fictional—but, sadly all-too-realistic—day in the accounts payable section of the accounting department. A day where chaos reigned but by sticking to best practice some semblance of order was maintained. Let’s break it down incident by incident—so you can effectively manage similar scenarios #accountspayable #adayinaccountspayable #accounting #accountspayablebestpractices
Link to How NOT to Make Mistakes in AP https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdI07dhxDjdq0XbA8owsVz7
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Travel in the US is about to change forever – no, not because of politics – but due to the enactment of a law set to go into effect May 7, 2025 – a law that we’ve been talking and trying to get implemented for about 20 years. This impacts both business and personal travel. It will affect every American (and green card holder) who plans to take a plane departing from a US location. We’ll take a look at what the new rules are and how you can tell if you are compliant. #REALID #travel #businesstravel #expensereport
Link to ACH Payments: A Guide to Almost Everything https://youtu.be/0ihlDHHTQic
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Accounting, treasury, finance, accounts payable and anyone who makes payments (including you and me) needs to understand what is about to happen. The American payment process just took a giant step in the direction of escorting paper checks down the road to extinction. Find out what the mandate says and how it will impact you personally as well as your organization's accounts payable and accounts receivable departments. #payments #ExecutiveOrder #ACH #electronicpayment #checks #paperchecks
Link to 8 Really Good ACH Payment Questions Answered https://youtu.be/CNDVtoqKE74
payments #ExecutiveOrder #ACH #electronicpayment #checks #paperchecks
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Accounts payable might seem like a no-brainer job – but only to those who have only a superficial understanding of what it takes to get the bills paid and keep the organization running. The reality is very different. That’s why today we’re going to take a deep dive and look at what really goes on behind closed doors and why the accounts payable team needs to be on their toes 100% of the time. #accountspayable #accounting #accountspayablemanagement
Link to What Every Accounting and Finance Professional Must Know About Change in AP https://youtu.be/aYMmaP5MwQM
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Think a simple journal entry mistake isn’t a big deal? Think again. From misreported cash flow to undetected fraud, even the smallest slip-up can have serious consequences. Today, we’re exposing the most common journal entry mistakes—and more importantly, how to prevent them before they wreak havoc on your financial records. Let’s take a look at a few common errors and what you can do to fix them or better yet prevent them from happening in the first place. #accountspayable #journalentry #journalentriesaccounting #journalentries #accounting
Link to Master Journal Entry Fraud Detection in 8 Minutes! https://youtu.be/XmhxuU5ES1U
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You’ve sent out dozens of resumes—maybe even hundreds—but the silence is deafening. No interviews, no responses. Why? Here’s a stat that might shock you—over 75% of resumes are rejected before a human even sees them! But don’t worry—I’ll show you how to beat the system and land the job you want.
Link to The Hidden Job Market https://youtu.be/_JHffWRipPM
interview #resume #moreinterviews
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What if I told you that a simple accounting report could save your company thousands—or even millions—by catching errors before they hit your financial statements? That’s exactly what a trial balance does. #accounting #trialbalance #accountspayable #accountspayableaccounting
Link to Navigating the Complexities of the Accounts Payable Function
https://youtu.be/zK-8CuI94eU
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What is the best payment method? Will AI eliminate the accounts payable (accounting) function? Is it a good idea to return invoices without a purchase order number? When should I get a new W-9 for my suppliers? Those are just some of the best practice questions we’re going to be tackling today. In fact, I’ve picked out 15 of the top questions I get asked by professionals concerned about the accounts payable function. #accountspayable #accountspayablemanagement #accountspayblebestpractices
Link to The Managing Interruptions Survival Guide https://youtu.be/lAaVtX1Y1vU
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When it comes to payments, there’s quite a bit of confusion about ACH payments. But don’t let confusion keep your accounting, finance or accounts payable team from using this valuable payment mechanism. In this fast-paced talk, we break down the essential facts every business professional needs to know about ACH. #ACH #ACHpayments #payments #samedayach
ACH vs Wire Transfer Explained Which is Right for You https://youtu.be/ZOvcvvM7j04
Link to ACH or Paper: Which Is Right for You https://youtu.be/2BAJ4-z3gTc
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Let me start off by shattering a common misconception among many finance and accounting professionals: If you pay a supplier twice – most won’t automatically return your payment. That’s right they don’t nicely return the money. That’s why it’s critical that you recognize the games or practices that devious suppliers use to get you to pay them twice. Some of these practices are used legitimately making it difficult to identify devious suppliers. So let’s take a look at some of their dubious practices.
Link to 5 Quick Tips for Faster Invoice Processing https://youtu.be/ozS8bBmSL_4
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payment #accountspayable #accounting #finance
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Imagine if, instead of endlessly searching for job listings and battling automated resume screeners, recruiters reached out to you. Sounds like a luxury reserved for executives, right? Wrong. This so called “hidden job market” is accessible to everyone – If you know how to tap into it. Most people miss out on hidden job opportunities simply because they don’t think to look in the right places. In this talk, I’ll show you exactly where to find these opportunities —and trust me, you’ll be surprised by how many you’ve overlooked.
Link to Networking The Easy Way: How to Build Your Professional Network https://youtu.be/48Qzh99i2gc
hiddenjobmarket #job market #interview #findingajob
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Yes, accounts payable is about paying bills – but what many accounting, finance and other management professionals often don’t realize is that is just the tip of the iceberg. What else do they do? You ask. I’m about to explain and there’s a good chance you’ll be surprised at the depth of what goes on in AP today.
Link to Accounts Payable Process Tasks Handled by Your AP Team https://youtu.be/r-68nnxPWt8
accountspayable #accounting #accountspayableprocess #understandingaccountspayable
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Change, especially unforeseen change can cause all sorts of havoc in any accounting and accounts payable function. But that is the world we live in today. These unexpected challenges can throw a real Monkeywrench into the daily operations of any well-run best practice shop. That’s why we created this talk, to identify some of these challenges that are likely to come your way so you will be ready to deal with them.
Link to Technology and AI videos https://www.youtube.com/playlist?list=PLtL6rWSXZ-He0zNRyaUpahx5jOVtUcQSc
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accounting #accountspayable #accountspayableautomation
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If you think accounts payable is just about paying bills, think again! Even that seemingly simple task is a lot more complicated than most realize. What’s more, the function has changed quite a bit, and missing just one key
responsibility could cost your organization big time. #accountspayable #accounting #management
Link to Guide to Data Analytics https://youtu.be/jNzfTsC24tY
Link to Learn Accounts Payable in Less than 3.5 hours https://youtu.be/OM8RkFaAbk0
Link to Three Way Match Complete Guide https://youtu.be/ysgyRbw3yVk Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1
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You can’t stop someone from targeting your or your organization for fraudulent purposes – but you can prevent yourself from being a victim. Virtually everyone has been targeted by fraudsters for some scam or another – and most of us multiple times. And this is true both personally as well as professionally. We’ve got three simple questions anyone can use to ferret out 95% or more of these potential frauds and scams. And when I say anyone, I mean anyone. We’ve got some real-life examples to show how they work.
Link to Can You Spot the Phony Email Address [Test Yourself] https://youtu.be/8IkeqkkQ2Do
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Do you know if you need a UK ETA, an Electronic Travel Authorization when traveling to the UK? If you’ve never heard of it, we’ve got you covered. There are new requirements for travel to the UK.
Link to Career Advancement Moves That Actually Work https://youtu.be/Q5FaU80icI4
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In today’s fast-paced business world, efficient invoice processing isn’t just a nice-to-have—it’s a must. Delays can hurt cash flow, strain vendor relationships, and even risk compliance issues. But here’s the good news: turning invoice chaos into clarity is absolutely within your reach. After spending the past 25+ years immersed in every aspect of accounts payable—from tackling day-to-day challenges to uncovering best practices—I’ve seen what works and what doesn’t. And today, I’m sharing five proven tips you can start using immediately.
Link to Accounts Payable Automation: A Comprehensive Introduction https://youtu.be/yDto5Irlryw
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In this talk not only will I help you manage interruptions, but I’ll also share some hilarious—and true—stories that might make you feel better about your own chaos! We’ve identified over 20 different types of interruptions that occur on a regular basis in many accounting and accounts payable departments, as well as the culprits. We’ve got tips for handling each so you don’t inadvertently derail your career.
Link to A Day in the Life of Accounts Payable https://youtu.be/K79TlPGjoFk
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When it comes to tax season, few forms are more infamous—or more misunderstood—than the 1099. But don’t let confusion cost you or your organization. In this fast-paced talk, we break down the essential facts every business professional needs to know about 1099s. #form1099 #1099-MISC #1099-NEC
Link to Modern Career Moves: 5 Game Changing Tactics to Get Ahead https://youtu.be/Q5FaU80icI4
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Surprising Christmas wishes from AP Now to accounting, accounts payable, finance, procurement, treasury and all other professionals.
Link to ChatGPT Made EASY No Experience Needed! https://youtu.be/eoUlvc5sPDU
Happy New Year
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Most professionals are stuck following outdated career strategies that worked decades ago. But what if you could turn your current job into the career of your dreams—without more hours, endless certifications, or switching companies? Discover how innovative tactics such as Job Crafting can accelerate your growth while making you indispensable at work.
These aren't pie-in-the-sky ideas—they're actionable, proven techniques that professionals can use right now to stand out and get ahead – and they don’t cost a red cent. #intrapreneurs #jobcrafting #reversementorship #skillswapping #microlearning
Link to Crushing Imposter Syndrome https://youtu.be/nKfVtwRLeJY
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Easy Tactics to Move Up the Corporate Ladder 01:17 Game Changer Career Tactic #1 02:45 Game Changer Career Tactic #2 04:09 Game Changer Career Tactic #3 05:29 Game Changer Career Tactic #4 07:21 Game Changer Career Tactic #5 #skillswapping #intrapreneurs #reversementoring #jobcrafting #microlearning
Accounts payable refers to the function that pays an organization’s bills. If you think this means the team just gets bills (called invoices in the business world) and pays them, you’re in for a rude awakening. With over 25% of all invoices being sent multiple times, an organization that took the “just pay it” approach would be shelling out cash faster than it should. Let’s take a quick look at the accounts payable process.
Link to Accounts Payable Process Tasks Handled by Your AP Team
https://youtu.be/r-68nnxPWt8
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A collection of Accounts payable tutorials that I have put together over the last year or so. I have arranged the topics in what I believe is a very logical, progressive order for your viewing pleasure! The goal here is to give you a good foundation is a few short hours. Or, if you’ve been away from the function for a bit, a good review.
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Many people mistakenly use the terms procurement and purchasing as if they mean the same thing. While they are closely related and often overlap in practice, they represent two distinct concepts in the business world. Understanding the difference is critical.
Link to What Is a Purchase Order and How Does It Work? What You Need to Know https://youtu.be/rnZD3qJOzoA
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his isn’t your average accounting tutorial. In this video, we’ll unravel the real-world implications of cash vs. accrual accounting, dive into must-know benefits and pitfalls of each method, and share relatable examples you’ll wish you’d learned sooner. We’ll reveal how the decision on which to use has a lot more factors besides GAAP.
Link to Accounting: The Basics in 28 Minutes https://youtu.be/dGJP6V5J9as
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What’s lurking in your expense reports? If you’ve ever wondered why your company demands receipts for even the smallest expenses—or how these policies evolved—you’re not alone.
Link to Data Analytics for Accounting/Accounts Payable https://youtu.be/jNzfTsC24tY
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The STAR method is a proven strategy to showcase your skills and experiences effectively in job interviews. It is a real game-changer. We share several real-life examples. Feel free to borrow these responses, tweaking them to include your experiences.
Link to The 15-minute Interview Prep https://youtu.be/StE8zLOsQ2k
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Expert insights to help those who work in, manage or have responsibility for the accounts payable function prepare for the future, both for the function and for themselves personally. Watch next: Link to How to Use Microsoft Copilot https://youtu.be/hDq70R9PeeU
Link to How to Use ChatGPT https://youtu.be/eoUlvc5sPDU
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Do you understand all the accounts payable jargon used in accounting? We've got you covered. Watch next: Link to Expert Reveal: The Core of a Well-Run Accounts Payable Function https://youtu.be/n1s6Fqohpi0
Link to DPO Explained Simply https://youtu.be/7cunzOCTEkk
Link to Journal Entries https://youtu.be/XmhxuU5ES1U
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A strong Accounts payable function is supported by three very distinct pillars – the three-way match, strong internal controls and best practices.
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Accepting ACH payments is just good business sense. Listen to find out why.
Watch next: Link to 8 Really Good ACH Payments https://youtu.be/CNDVtoqKE74
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Year end in accounts payable: A walk through ALL the tasks that must be completed
Watch next: Link to Accounts Payable Tips for Issues Everyone Ignores until Disaster Hits https://youtu.be/jU26nsuOVNA
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Get one little piece of invoice information wrong or neglect to verify one piece of invoice information and disaster could ensue. We’re going to go through the 14 parts of an invoice and not only explain what they are but also how each part is used.
Watch next: Link to Master the Invoice Process: Best Practice https://youtu.be/6eXuYMvvfLU
invoice #invoiceprocessing #accountspayable
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Don’t underestimate the strategic role the accounts payable team plays in the financial success of any organization. One mistake – and millions of unrecoverable dollars could go right out the door.
Watch next: Link to: Accounts Payable Process Tasks Handled by Your AP Team https://youtu.be/r-68nnxPWt8
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In today’s fast-paced business environment, a well-run accounts payable function is not just a luxury—it’s a necessity. That’s why we’re going to address the critical parts of the function. #accountspayable #accountspayableprocess #accounting
Watch next: Accounts Payable Automation: A Comprehensive Introduction https://youtu.be/yDto5Irlryw
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✔️How to Bypass Automated Resume Screening Tools (ATS Tips)
✔️How to Find the Best Job Openings Even if You’re Almost Qualified
✔️How to Perfect Your Resume to Match the Job You're Applying For
✔️How to Spot Weaknesses in Your Resume and Fix Them
✔️How to Beat Applicant Tracking Systems When You’re Missing Key Skills on Your Resume
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I want to show you some ways savvy business professionals are using AI to help with their everyday (and sometimes boring) tasks to be more productive- and they are mindboggling easy – so you can copy them with very little effort.
Tips on Thriving with AI https://youtu.be/lqZvkimFuks
Getting Started with Microsoft Copilot https://youtu.be/hDq70R9PeeU
Getting started with ChatGPT https://youtu.be/eoUlvc5sPDU
gettingstartedwithAI #usingAI #AIinaccountspayable
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I am not saying this to be mean – but rather so every business professional … wakes up and smells the coffee, so to speak. Virtually every single job will change due to AI – some for the better and some well … not for the better. I hope by the end of this short talk, you will not only agree with me but be willing to commit a few minutes each day to watching the other talks in this series, so you will not only be ready for the upcoming upheaval in the workplace, you will be one of the individuals who thrives.
Watch next: Tips on Thriving with AI https://youtu.be/lqZvkimFuks
Link to: 9 Ways AI Makes Accounts Payable More Efficient without Automating https://youtu.be/RBHSiPh0Su8
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robably one of the easiest things I’ve had to learn in the last ten years was how to use AI in the workplace. Here are 8 tips to get you started.
Watch next: Getting Started with Microsoft Copilot https://youtu.be/hDq70R9PeeU
Getting started with ChatGPT https://youtu.be/eoUlvc5sPDU #gettingstartedwithAI
usingAI #AIinaccountspayable
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Think you’ve got pink-collar crime all figured out just from the name? Or maybe black or gray collar crime sounds familiar? Think again. Today, we’re diving into five crime types that can wreak havoc on your organization—some in ways you’d never expect. We’re going to do a brief review of the different types of crime, with examples, so you can be clear on what you are dealing with. Stick around until the end when we’ll explain the fraud and also what you should be doing to protect yourself and your organization against these devious criminals. We’ve got five types of crime. Let’s see how many you can identify correctly. #pinkcollarcrime #graycollarcrime #redcollarcrime
Link to 8 Fraud Protection Tips https://youtu.be/HLbU7b6Cac8
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Other
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Facebook: https://www.facebook.com/AccPayNow
Getting hit with a fraud when you’re in charge can be devastating – even when you had absolutely nothing to do with it. What’s more, management often feels that someone has to take a hit for what happened and they terminate or demote the manager who was in charge, figuring they should have had tighter controls and practice in place “to prevent this kind of thing” from happening. That’s why we put together this quick run down of fraud protection practices everyone should be using. Make sure you stick around until the end when I discuss one strategy that few rely on and it’s shame for in at least of the big frauds that occurred recently, it could have saved the day. #fraud #payments #scam
Link to Accounts Payable Tips for Issues Everyone Ignores until Disaster Hits https://youtu.be/jU26nsuOVNA
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or how to make the interviewer like you. In a perfect world, those who are the best at their job, with the relevant experience and qualifications – that’s you - get the job. Unfortunately, we do not live in a perfect world; those who are incompetent, friends with the boss, or that the interviewer ‘just liked’ can end up in great jobs that YOU deserve. What did they do that you didn’t? They were able to build a relationship, instantly have trust, and convey competence; they did this using some simple, dare I say, tricks, that you can easily incorporate into your routine. Make sure you stick around until the end when we discuss the one strategy that is mind-boggling easy to implement yet many miss it completely! #accountspayableinterview #jobinterview #jobinterviewquestions
Link to The Top 5 Tough Questions that Trip Up Candidates https://youtu.be/2rCEwqYgJGA
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Other
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Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Getting even the smallest detail wrong in your accounts payable function can result in significant losses – money that is sometimes not recoverable or if it is, only after considerable efforts and expense. Better not to make these mistakes in the first place and use those efforts and funds spent on expenses for more value-add endeavors. And there are so many places in accounts payable where mistakes slip through, allowing duplicate payments and even worse, fraud to slip through – and more often than you might imagine, the company doesn’t ever realize it.
I have spent that last 25 years talking with controllers (both corporate controllers and financial controllers), accountants and accounts payable professionals zeroing in on the problems and issues that plague the accounts payable function and finding the solutions. I continue to be amazed at the number of issues that, at first glance, appear trivial and irrelevant – yet cause devastating losses when ignored. We’ve devised a series of seven questions to help you zero in on those issues. For each, we’ll not only tell you how you should be addressing the problem, but we’ll explain Why. Do you think you can get them all right? Let’s see. #accountspayable #accountspayableprocess #accounting
Link to Three-Way Match: Everything You Need to Know https://youtu.be/ysgyRbw3yVk
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Other
++++++++++++++++++++++++++++++++++
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Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Mistakes in accounts payable often mean that accounting entries Subscribe: https://www.youtube.com/APNow?sub_confirmation=1
Mistakes in accounts payable often mean that accounting entries either have to be adjusted, new ones have to be put through to reverse the original transaction or a correcting journal entry needs to be created. The journal entry route often does not leave a clear audit trail and best practice organizations avoid it if they possibly came. In this piece we discuss some of the common mistakes that happen in accounts payable and their related accounting entries. We also share how these errors can be fixed so the organizations financial records are accurate. #accountspayable #accounting #p2p
Link to Journal Entry Fraud A Comprehensive Introduction https://youtu.be/XmhxuU5ES1U
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See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
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Without a doubt, ACH payments are an essential tool for running an efficient, cost-effective payment process. But ACH operates differently from both paper checks and wire transfers, and understanding those differences is key to maximizing its benefits. Today, we’re tackling some of the most frequently asked questions to help you fully grasp how to use ACH payments effectively. Whether you work in accounts payable, treasury, or are a controller (financial controller and others) or are just interested in accounting stuff, this is the session for you. Stick around until the end, when we’ll reveal strategies for leveraging this payment method to boost your operational efficiency and decrease the costs associated with making payments. #ACH #payments #EFT
Link to ACH or P-card https://youtu.be/1AxnJc11qzs
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n a world where productivity can make or break a business, accounts payable automation is fast becoming the secret tactic used by those organizations winning the efficiency battle. It’s a process no organization can afford to ignore. But with so many options on the market, how do you know which solution is right for your organization? To cut through the clutter, we gathered top industry experts for an exclusive panel discussion where they’ll answer the tough questions and provide practical insights to help you select the best automation solution for your organization. Stick around until the end when I ask them the one question – no one else asks – and it could be the determinant that helps you make that final buy or no-buy decision. So, let’s get started. #Accountspayableautomation #invoiceautomation #accountspayable
Link to Accounts Payable Automation: A Comprehensive Introduction https://youtu.be/yDto5Irlryw
Learn more about ABBYY: https://www.abbyy.com/
Learn more about Dokka: https://dokka.com/
Learn more about EZ Cloud: https://ezcloud.co/
Learn more about MHC: https://www.mhcautomation.com/
Learn more about Rossum: https://rossum.ai/
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Imagine losing thousands of dollars simply because of a tiny, unnoticed error in your accounts payable. Sounds alarming, right? Yet, this happens more often than you'd think. Could your AP processes be silently draining your company's profits? Overlooking even the smallest of issues in your accounts payable function can lead to serious financial repercussions. This isn't just about efficiency—it's about safeguarding your organization from costly mistakes that could decimate theSt bottom line, risking not just profits, but potentially your career. Make sure you stick around when we address the one issue that few think of when considering negative impacts to the financial viability of the organization. And of course, we’ve got a fix for each of the danger signs. #accountspayable #accountspayablebestpractices #accounting
Link to How to Not Make Mistakes in Accounts Payable https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdI07dhxDjdq0XbA8owsVz7
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Other
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Learn when to use ACH vs P-Cards to replace paper checks. Trying to decide between ACH or P-Card payments for your business? Listen to learn when to use each option to replace paper checks effectively!
ACH #payments #accountspayable
ACH Explained: The Four Types of ACH Payments
https://youtu.be/E_mX5GaOR2o
Link to P-cards: A Guide to the Many Different Types
https://youtu.be/U0w6h5eu_o8
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Learn more about AP Best Practices; Playlist at:
https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist
https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
In this talk, we’ll answer 6 frequently asked AP process questions to help you better understand the accounts payable process. #accountspayable #accountspayableprocess #accoounting
Link to More about the Three-Way Match https://youtu.be/ysgyRbw3yVk
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Ratios pay a critical role in managing the accounts payable component of your financial statements. Through. In particular, we’ve identified five critical financial ratios that serve as the essential tools for organizations looking to efficiently and effectively optimize cash flow, maintain liquidity, and ensure the overall financial health of their organizations. Using these powerful financial metrics you’ll be better positioned to manage the accounts payable portion of your cashflow. Make sure you stick around until the end when we take a look at one critical ratio, rarely mentioned in financial discussions. Alas, many pay a steep price for that oversight. #finance #accountspayable #DPO #ratios
Link to Data Analytics for Accounting/Accounts Payable https://youtu.be/jNzfTsC24tY
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/ Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Many businesses – including your company are looking at ACH payments with real interest. How can your company take advantage of ACH payments? Make sure you stick around until the end when we show you how to deal with the Elephant in the ACH Room. #payments #ach #EFT #accountspayable
Link to ACH vs. Wire Transfers Explained: Which is Right for You https://youtu.be/ZOvcvvM7j04
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See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Are you looking to sharpen your skills and deepen your understanding of the accounts payable process. In this video, we're sharing 27 fast facts about accounts payable. Whether you're a seasoned pro or just starting out, this piece will provide you with the knowledge you need to take your accounts payable expertise to the next level! Make sure you stick around until the end when we take a look at two issues most never really consider serious – but they should. #accountspayable #accounting #p2p
Link to 17 Documents Used in Accounts Payable https://youtu.be/qZpes6RtTX0&list=PLtL6rWSXZ-HflLDp781KPV5rTYPjxfQ1L
Link to AP Best Practices https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
When you see that a product is powered by AI, is that a plus or a minus for you? I never really gave it much thought until I read a recent article. As I pondered the results of a recent survey that the article was reporting on, I realized that I think the automation solution providers in the accounting space appear to be making a big marketing mistake – at least in my opinion. Let me explain. #automation #apautomation #invoiceautomation
Link to Accounts Payable Automation: A Comprehensive Introduction https://youtu.be/yDto5Irlryw
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
As savvy professionals are well aware, your accounts payable (AP) process can make or break your organization’s financial wellbeing. With the increasing complexity of technology, often-tenuous vendor relationships, increasing regulatory demands, and advances in fraud, maintaining a streamlined AP process is not just a requirement—it's a strategic necessity. Best practices provide the tactical framework that can transform your accounts payable operations from a routine function into a powerhouse of financial control and operational efficiency. Whether you’re a seasoned professional looking to optimize your existing processes or a new manager looking to understand the nuances of accounts payable, a good grasp of best practices and the role they play is critical.
Link to Accounts Payable Internal Control Basics [Some SURPRISES] https://youtu.be/uIomGiLtUYA
How’d you like to spend less time doing reconciliations? Whether you are reconciling your personal bank statement, your companies bank statement or two accounts that are supposed to balance, it can be a time consuming and annoying, albeit necessary, exercise. Too often you have to weed through hundreds, if not thousands of transactions to find the mistakes. That can take a huge amount of time. We’ve got a few shortcuts or tricks, if you will, to help you find those mistakes FASTER. Make sure you stick around until the end when we identify the strategy that helps many jumpstart the reconciliation process and eliminate many of the reconciliation issues. Accountants, controllers, both managerial controllers and financial controllers, bookkeepers, accounts payable professionals and for that matter, anyone interested in accounting stuff will find these tactics useful. #reconciliation #bankrecs #accounting #bookkeeping
Link to How to Use Using Conditional Formatting to Find Duplicates https://youtu.be/ssdlMh79n4E
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AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
What you do in the Five minutes before you start an interview and the five minutes when you leave is vital. It can be the difference between you getting that much-wanted job offer or getting that polite letter saying the potential employer has “decided to go in another direction.” Yet, most professionals never give these critical time periods a moment’s thought. What you do in those time slots could be the game-changers in your job search. #accountspayable #accounting #jobinterview
Link to Accounting/Accounts Payable: Preparing for A Job Interview as Few Do https://youtu.be/StE8zLOsQ2k
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
As a knowledgeable accounting and finance professional, you know that the "three-way match" is the Holy Grail when it comes to accuracy and avoiding payment errors in processing invoices for payment. That’s why we’re taking a deep diver today into everything related to this important bed rock of the accounts payable function. If you want to demonstrate a strong foundation in all accounting stuff but especially accounts payable issues make sure you stick around until the end when we analyze some unexpected situations where the three-way match saves the day. #threewaymatch #accountspayable #accounting
Link to Invoice Process best Practices https://youtu.be/6eXuYMvvfLU
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
The real reason you are not getting promoted is probably not what you think. If you've been passed over for a promotion, it's time to uncover the real reasons behind it. It's not about office politics or favoritism - there could be other factors at play. Join us as we explore the lesser-known obstacles that might be hindering your career growth. Stay tuned to discover how you can address these challenges and position yourself for success.#career #promotions #accountspayablejobinterview
15-Minute Job Interview Preparation
https://youtu.be/StE8zLOsQ2k
Link to The Top 5 Questions That Trip Up Candidates https://youtu.be/2rCEwqYgJGA
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Do you want to avoid duplicate payments and fraud when paying your company’s invoices? Of course you do, that’s a foolish question to ask. Or is it? While I’m willing to bet virtually everyone had the same answer to that original question, not every organization is as diligent when it comes to the basic internal controls needed to protect the organization against paying twice or fraudulently- and before you say, “well, it’s not the end of the world if we pay twice, our suppliers will return the excess payment,” let me assure you that is only true in a small number of cases. What’s more, and I won’t get an argument on this on, criminals will never return the funds, they’ll just try and get you to make the same mistake a second time. Make sure you stick around until the end when we discuss the one “building block of internal controls” many never implement … and it costs big time. Your organization could be one of them. #accountspayable #accountspayableinternalcontrols #accounting
Internal controls that NEVER Work https://youtu.be/JCVR4BFKHwM
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
What if there were proven best practices that could transform the task of processing invoices from a cumbersome chore into a streamlined process? Learn the best practices for managing invoices in your accounts payable process with this informative video. Find out how to streamline your invoice management for better efficiency and accuracy. #accountspayable #accountspayablebestpractices #invoices
Link to Accounts Payable Best Practices Part 1 https://youtu.be/8RscSRl2BUI
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Confused about ACH or paper payments? This video will help you decide which option is right for you! Learn about the differences between ACH and paper payments to make the best choice for your business. #accountspayable #payments #ach
Link to The Difference between ACH Credits and ACH Debits https://youtu.be/HyLNyBLGGkY
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Learn how to secure funding for your projects by mastering a little-used financial calculation technique! Watch until the end to discover how to calculate payback and convince management to approve your recommendations. ROI (return on investments) does not have to be king when it comes to evaluating your accounts payable technology projects or other accounting stuff. Don't miss out on this valuable information - subscribe now! #roi #payback #accountspayable #accounting
Accounts Payable Improvements that Pay for Themselves Over and Over Again https://youtu.be/U3jWqzdzojA
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Whether you’re an accounting manager who has just been told you are now managing the accounts payable function or a seasoned pro who has been working in or managing it for a while, there are a number of operational problems that do not get the headlines or attention they deserve. This leaves management and those new to the space wondering why their accounts payable function isn’t more efficient than it is. By knowing what these issues are (and EVERYONE … and I mean EVERYONE) has them. While this talk was originally designed for accounting managers getting ready to take over the management of the accounts payable function, experienced pros will also benefit from a thorough understanding of the issues. Make sure you stick around until the end when we discuss the one mistake that trips up experienced and newbies alike. #accountspayable #accounting #p2p
Link to Accounts Payable Tutorial for Beginners https://youtu.be/u9O6ab541Dk
Link to AP Basics: A Guide to Almost Everything in 17 Minutes https://youtu.be/6sFBmLwZlz8
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
LIsten to a series of questions asked and answered related to accounts payable, the future of the function and the role of technology and AI on the function.
More on AI in AP
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Learn more about Automation in AP
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Manual signing of checks in accounts payable, or at least checks deemed to be sufficiently large enough to require qn extra review, is still a common occurrence in quite a few organizations. Often the financial controller will require this along with other accounting stuff. If this really a good idea or does it just give management a false sense of security? Make sure you stick around until the end when we reveal the instances when getting a manual signature on checks is actually a bad idea. #paymentsindustry #accountspayable #accountspayableinternalcontrolls
Link to Effective Controls in Accounts Payable https://www.youtube.com/watch?v=-qufVLs_aAU&list=PLtL6rWSXZ-HflLDp781KPV5rTYPjxfQ1L&index=4
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Linkedin AP Now: https://www.linkedin.com/company/ap-now/ Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Are you tired of stumbling over interview questions that seem simple but are actually tricky? Join us in this video as we break down the top 5 questions that trip up candidates, providing you with the correct answers employers are hoping to hear. Don't miss out on the insider tips that will help you ace your next job interview and land that desired position. Subscribe now for more valuable insights on mastering tricky interview questions! #accountpayablejobinterview #accountspayablecareer #accounting
Link to: Job Interview Questions And Answers [End of Interview Winner Secrets] https://youtu.be/v6jekPb7nZc
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
iscover the ins and outs of prepaid expenses and how they impact your accounts payable and accounting practices. From understanding the basics to avoiding potential mistakes, this video covers it all. Make sure to watch until the end for valuable tips on managing prepaid expenses effectively. Subscribe now to stay updated on all things accounts payable! #prepaidexpenses #accountspayable #accounting
Link to Accounts Payable Accounting A Guide to Almost Everything https://youtu.be/dGJP6V5J9as
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Learn all about the different types of documents you need to understand in the accounts payable function! Invoices, purchase orders, and receiving documents are just the beginning - join us for a detailed breakdown. Don't forget to subscribe for more accounting tips and tricks! #accountspayable #accounting #accountspayableprocess
Link to Difference between Purchase Order and Invoice Accounts Payable https://youtu.be/YEivgXgeKTc
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Effective control in accounts payable boils down to one simple thing: the details. I’ve identified a baker’s dozen of places where controls often go awry in the accounts payable process and will explain how this happens, when it’s often not that obvious at first glance. Make sure you stick around until the end when we discuss the one control weakness many have and don’t realize – until they are hit with a massive fraud. It’s too late then. #accountspayable #internalcontrols #accounting
Link to Accounts Payable Best Practices https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Did you ever look back at something you’ve done and wondered, “how could I have been that dumb or worse, that naïve?” Well, sadly, I have and in m y case I actually did this stuff on job interviews. I’ll share the stories, along with the Lessons Learned, so hopefully you won’t make the same mistakes. #accountspayable #jobinterview #accountspayablejobinterview
Link to Responding to What Are Your Salary Requirements
https://youtu.be/j7zaye2NHv8
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Get ready to dive into the fundamentals of accounts payable with an expert who has spent 25 years mastering the field. Learn about separation of duties, coding standards, and the importance of a master vendor file. Discover how to avoid financial losses and become an above-average employee in your organization. Don't forget to subscribe to stay updated on the latest strategies! #accountspayable #maryschaeffer #accounting
Link to Automation https://youtu.be/MDVE7NZOYDQ
Link to AI in AP https://www.youtube.com/playlist?list=PLtL6rWSXZ-He0zNRyaUpahx5jOVtUcQSc
Link to Accounts Payable Tutorial for Beginners [Part 1] https://youtu.be/u9O6ab541Dk
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Join us in exploring the fascinating world of technology trends with a closer look at Moore's Law! Find out if this tech theory from 1965 still holds true today and what it means for the future of innovation. Don't miss out on the latest update on issues impacting the accounts payable and payment function- subscribe now! #Mooreslaw #accounting #accountspayable
Playlist of all AP Technology Week videos https://www.youtube.com/playlist?list=PLtL6rWSXZ-He0zNRyaUpahx5jOVtUcQSc
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Learn how AI is revolutionizing the accounting and finance industry, and how you can leverage it to advance your career. Discover the benefits of using AI at work, from saving time to enjoying your job more. Stay ahead of the curve by becoming an AI power user and unlocking new opportunities for growth. Subscribe for more insights on navigating the AI-driven landscape of accounting and finance! #accountspayable #APTechnologyWeek #accounting
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Get ready to uncover the truth behind the headlines about AI in the business world, and more specifically, its impact on the accounting, finance and accounts payable functions. Join us as we dive into the world of AI and explore its impact on the business world. From celebrity deepfakes to ethical concerns, we uncover the latest trends and discuss whether this is truly the end of the world. Don't forget to subscribe for more fascinating insights!#APTechnologyWeek #accountspayable #accounting
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Are you concerned about job security in the era of AI? Find out how professionals are adapting to the use of AI in accounting and finance. Uncover the biggest concerns and misconceptions about AI in the industry. Subscribe for more insights and tips on navigating the AI landscape! #APTechnologyWeek #accountspayable #accounting
Link to AP Technology Week Videos Playlist of all AP Technology Week videos https://www.youtube.com/playlist?list=PLtL6rWSXZ-He0zNRyaUpahx5jOVtUcQSc
Link to New Twist on Fraud [Deepfake Scam] https://youtu.be/gnKou2KOLTQ
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Get ready to uncover the shrewdness of criminals in financial fraud schemes, from the "Down Payment Swindle" targeting real estate transactions to the deceptive "Mortgage Sold" letters. Stay informed to protect your hard-earned money and avoid falling victim to these clever scams. Hit the subscribe button to stay updated on the latest fraud prevention tips! #paymentfraud #scam #accountpayable
Link to Verifying Change of Bank Account Requests: Prevent Fraud https://youtu.be/iBJDDrh3e0k
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Learn all about the crucial steps in handling accounts payable to avoid costly mistakes in this entertaining video by Mary Schaer! From receiving invoices correctly to updating records in a timely manner, each step is essential for a smooth process. Subscribe now to ensure your organization pays the right supplier the right amount at the right time! #accountspayable #accounting #accountspayableprocess
Link to Three-Way Match https://www.youtube.com/playlist?list=PLtL6rWSXZ-HemLUV6hG8rDbeElk9kaPjm
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Join us for a fascinating discussion on the transition from QuickBooks desktop to the cloud as we explore the misconceptions and challenges organizations encounter. QuickBooks expert Beth Carter shares her insights on the importance of understanding accounting theory and technology for a successful transition. Don't miss out on valuable tips to enhance your bookkeeping skills and subscribe for more informative content! #quickbooks #accounting #bookkeeping
QuickBooks Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdHh3lU8XMieo3q8uipC5xJ
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About Beth Carter and BBA Bookkeeping https://bbabookkeeping.com/
About Lynn Larson and Recharged Education https://www.recharged-education.com/
The QuickBooks Sandbox https://c23.qbo.intuit.com/qbo23/samplecompany/validated?SKU=7&bc=QBP-T39
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Ready to transform your accounts payable function into a powerhouse of efficiency and profitability? Discover five cutting-edge strategies that will streamline operations and drive sustained financial benefits. Make sure to stick around until the end for the one enhancement you can't afford to overlook. Subscribe now for more insights on optimizing your accounts payable processes!
Link to Accounts Payable Automation: A Comprehensive Introduction
https://youtu.be/yDto5Irlryw
accounting #accountspayable #business
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To work in or manage the accounts payable function, you need to know a little bit about a lot of different things. One of those areas is accounting. While you certainly don’t need a CPA to work in or manage accounts payable, you do need a certain minimal level of accounting knowledge. We put this session together to provide our community with a fundamental understanding of the accounting concepts that impact the accounts payable function. Stick around until the end when we briefly discuss what management expects you do with this knowledge.
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Join us on a quick review of the history and future of accounting and finance practices.
Register for AP Technology Week Drawings https://www.surveymonkey.com/r/APTechWk24
From the dark ages to the modern era, witness the incredible evolution of how transactions are recorded, analyzed, and reported. Stay ahead of the curve by subscribing to our channel and unlocking valuable insights into the ever-changing world of accounting and accounts payable.
Link to New (skills) Way to Grow Your Accounting Career (New Skills) https://youtu.be/SNlNsdhyobk
Link to How to Use Microsoft CoPilot
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Navigating job interviews can feel like walking on a tightrope. Discover the right way to respond when asked why you want to leave your current job, from providing a short and sweet answer to avoiding common pitfalls. Don't miss out on these crucial tips to help you secure your next career move - subscribe now! #interview #career #accounting
Link to Why Should We Hire You https://youtu.be/NrwSfnFlOa0
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Ever wondered what goes on behind the scenes in a typical accounts payable department? From verifying invoices to managing payment schedules, we take you through a typical week in the accounts payable department. Subscribe to stay up to date with the latest tips and tricks for efficient financial operations! #accounting #accountspayable #business
Link to A Day in the Life of Accounts Payable https://youtu.be/K79TlPGjoFk
Link to Three-Way Match https://www.youtube.com/playlist?list=PLtL6rWSXZ-HemLUV6hG8rDbeElk9kaPjm
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Join us for a deep dive into the world of accounts payable best practices! Discover why internal controls are crucial and why sharing credit cards is a big no-no. Stay tuned for more tips and tricks to streamline your accounting process - don't forget to subscribe for future updates! #accounting #accountspayable #business #accountspayablebestpractices
Link to Accounts Payable Process: Three Way Match Best Practices
https://youtu.be/MXsR8cRuieA
Accounts payable can be a minefield of potential mistakes, but fear not - we've got you covered! In this video, we'll discuss the worst mistake your team can make and how to avoid it. Stay tuned for expert advice on implementing best practices and internal controls. Hit subscribe to stay updated on all things finance-related!
Link to New Twist on Payment Fraud [Deepfake Fraud]
https://youtu.be/gnKou2KOLTQ
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Join us for an insightful journey into the world of accounts payable and accrued expenses! Learn the important distinctions between these two crucial accounting terms and discover how they impact the balance sheet. Don't miss out on our fun trick questions at the end - test your knowledge and see how well you understand these concepts. Subscribe for more engaging content on operational aspects of accounts payable!#accounting #accountspayable #accruedexpenses
Link to Balance Sheet and Income Statement A Beginners Guide https://youtu.be/Prv1UER1VI4
Link Accounts Payable Process: Received Not Invoiced or Invoiced Not Received https://youtu.be/EawD4kxqSiM
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Why are we adding these extra steps to the accounts payable process if they just create more work without boosting productivity? This is a question I am asked repeatedly about certain recommended practices that seem to fly in the face of reason – at least to those who don’t fully understand all the implications of the accounts payable process in question. #accountspayable #accounting #business
Let’s get to the questions and more importantly, the answers. Make sure you stick around until the end when we address the issue that has stumped many small and even mid-size companies.
Link to Accounts Payable Automation: A Comprehensive Introduction https://youtu.be/yDto5Irlryw
Link to Using Microsoft Copilot https://youtu.be/hDq70R9PeeU
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Are you tired of dealing with common invoice problems that impact your organization's bottom line? In this video, we reveal three simple solutions that can help any organization improve their accounts payable process without spending a dime. Stay tuned until the end to find out how one viewer completely eradicated a persistent issue. Don't forget to subscribe for more tips and tricks! #invoice #accounting #accountspayable
Link to Master the Invoice Process: Best Practice https://youtu.be/6eXuYMvvfLU
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Uncover the myths surrounding payables in this eye-opening video! Learn why duplicate payments are a real concern and how suppliers may not always return the money. Hear real-life examples of employees committing fraud and causing massive financial losses. Don't forget to subscribe for more intriguing finance insights! #payments #accountspayable #accounting
Link to Real-Life Fraud: How Hollywood Depicts Accounting Scandals in the Movies https://youtu.be/dec6bkMhmrE
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Linkedin AP Now: https://www.linkedin.com/company/ap-now/ Twitter: https://twitter.com/Accountspayable
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The right - and the wrong - way to answer the "why should I hire" you interview question. Includes a sample response. #jobinterview #career #interview
Link to Job Interview Questions And Answers [Winner Secrets] https://youtu.be/v6jekPb7nZc
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Interested in exploring what AP and/or invoice automation solutions cost? We've got you covered and also take a look at free versions and their limitations as well as how to find companies offering free trials. Learn how to navigate the ever-changing landscape of AP automation offerings and find the best fit for your needs. Don't forget to hit the like button if you find this information valuable! #invoiceautomation #apautomation #accounting #accountspayable
Link to Accounts Payable Automation: A Comprehensive Introduction https://youtu.be/yDto5Irlryw
Link to How to Use Microsoft Copilot https://youtu.be/hDq70R9PeeU
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Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Looking to understand IRS TIN Matching? This video breaks down the process and importance of matching Taxpayer Identification Numbers with legal names for businesses. It provides you with the rudimentary information you need to get started using IRS TIN Matching. This is of special importance to those who work in accounts payable, accounting, tax, p2p, procure to pay and audit. Those who
serve as controller, financial controller, regional controller, accounting manager and accounts payable specialist and others interested in accounting stuff will benefit. #accountspayable #accounting #business
What Is a 1099? https://youtu.be/760mK7hYMpQ
Demystifying Form W-9: All Your AP FAQs Answered https://youtu.be/EZKD5eZIE2I
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Website: https://www.ap-now.com/ Linkedin AP Now: https://www.linkedin.com/company/ap-now/ Twitter: https://twitter.com/Accountspayable More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Get a clear understanding of the accounts payable big picture in this informative video. Learn about the key elements and processes involved in managing accounts payable effectively. #accountspayable #accounting #business
Link to Accounts Payable Automation: A Comprehensive Introduction https://youtu.be/yDto5Irlryw
Link to Accounts Payable Process Tasks Handled by Your AP Team https://youtu.be/y2Qf-H2I5I8
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Do you make the same payments each month and wonder why you keep processing the same paperwork, over and over again? That’s why in some organizations, these payments are set up as recurring. But not everyone likes this approach. We’re going to address some of the problems recurring payments introduce into the payment process and then the best practices you can use to make sure these issues don’t occur in your organization. #payments #accounting #accountspayable
Link to Accounts Payable Automation: A Comprehensive Introduction https://youtu.be/yDto5Irlryw
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
The job market is changing and you can take advantage of that change - if you act quickly. Recognizing these changes is critical for those in accounting, finace and accounts payable. We've identified the new skills that will make you the most sought out job candidate and we'll show you how to get them (without returning to school), These apply whether you work in accounting, finance, or one of the related fields such as accounts payable, audit, accounts receivable, credit, billing, payroll, treasury or even p2p. These will work for accounting manager, financial controllers, regional controllers, and all sorts of other professionals. #career #accounting #jobinterview
Are you ready to gain a competitive edge in the professional world? Subscribe now for more valuable insights on staying ahead in the market!
Link to How to Use Microsoft Copilot https://youtu.be/hDq70R9PeeU
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Things are changing at Glassdoor and you need to know about those changes before posting there again. Watch this video to learn more about what really goes on behind the scenes.
Link Stand Out in Job Interviews with These Tips https://youtu.be/1tnl3C3NscU
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Website: https://www.ap-now.com/ Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Are you ready to take your accounting or finance career to the next level with Microsoft Copilot? Join us as we explore how this innovative tool is revolutionizing the industry. Subscribe now to stay updated on the latest tips and tricks for maximizing your career potential in fields like accounts payable and accounting. #copilot #microsoftcopilot #accounting
Link to AP Automation: A Comprehensive Introduction https://youtu.be/yDto5Irlryw
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
In this video, we'll be explaining what a 1099 form is. what some of the more common 1099s are and some of the more frequently asked 1099 questions. Watch this video to learn more about this commonly used form. #1099 #accounting #tax
Link to Demystifying Form W-9 https://youtu.be/EZKD5eZIE2I
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Delve into the fundamental concepts of bookkeeping and accounting functions. Learn about the relationship between basic bookkeeping tasks and the financial functionality of any organization. Hit the subscribe button to stay updated on the key role of bookkeeping in maintaining strong financial and accounting systems. Of critical importance to accountants, auditors, purchasing and treasury professionals, controllers, assistant controllers, CPAs and bookkeepers and other accounting stuff. #bookkeeping #accounting #accountspayable
Link to Balance Sheet and Income Statement A Beginners Guide https://youtu.be/Prv1UER1VI4
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Join us as we dive into the world of managing the master vendor file - a crucial aspect of accounting and accounts payable processes. Discover the importance of controls, best practices, and fraud prevention protocols in this informative video. Don't miss out on learning about key management issues and new best practices that have emerged in recent years. Of critical importance to accountants, auditors, purchasing and treasury professionals, controllers, assistant controllers, CPAs and bookkeepers. Subscribe now for more insightful content! #vendor #accounting #accountspayable
Link to Master Vendor File Worst Practices Every Company Should Avoid https://youtu.be/skyTbdgQm00
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Unravel the mysteries of Accounts Payable in a concise and informative session designed to equip you with essential business intelligence. By the end of this crash course, you'll have a solid grasp of key AP issues - don't forget to subscribe for more in-depth guides and tutorials! #accountspayable #accounting #business
Link to AP Tips for everyone – issues everyone ignores until disaster hits https://youtu.be/jU26nsuOVNA
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Is there really a foolproof question that will guarantee you a job offer? If not, what can you do to improve your odds. This is designed for anyone looking for a job including finance and accounting professionals including accounts payable, accountants, controllers, assistant controllers, managerial accountants, financial controllers, CPAs, CPA, bookkeepers, clerks, treasury professionals, payroll and others. #jobinterview #accounting #accountpayable
Link to Preparing for A Job Interview as Few Do https://youtu.be/StE8zLOsQ2k
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Are you the type who dreads conferences and group meetings because you don't know anyone? Don't worry, we've all been there. Check out our video for 10 straightforward questions to help you network fearlessly at professional events. Remember, you're not alone in feeling this way. And hey, don't forget to hit that subscribe button. #networking #attendingconferences #accountspayable
Link to How to Build a Professional Network https://youtu.be/48Qzh99i2gc
Link to New Twist on Payment Fraud [It Could Happen to Anyone] https://youtu.be/gnKou2KOLTQ
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Financial statement fraud and management overrides continue to plague the accounting, accounts payable and finance world. They are facilitated by manual processes like journal entries which continue to leave businesses exposed to significant losses due to fraud. Could this happen in your shop? Not if you understand the basics of how general journal entries should be used AND recognize the red flags for potentially fraudulent journal entry. We explain both here. Make sure you stick around until the end when we identify 10 red flags that could signal you have an ongoing fraud at your organization. #accounting #journalentries #accountspayable
This talk might also have been called Financial Statement Fraud: Role of Journal Entries or Journal Entries: A Comprehensive Introduction + Finding Fraud.
Link FRAUD Alert 13 Warning Signs https://youtu.be/zPiYdAYaEhA
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Those critical end of interview questions: Do you know what to ask at the end of the job interview? Or do you just kind of shrug your shoulders and don't ask anything - or worse, ask the wrong thing, torpedoing a successful interview? Big Mistake! #jobinterview #interviewtips #accountspayableinterview
Link to How to Make an Exceptional Impression to Beat out More Qualified Job Candidates https://youtu.be/1tnl3C3NscU
Link to What Are Your Salary Expectations Job Interview Question + BEST Example Answer https://youtu.be/j7zaye2NHv8
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There’s quite a bit of accounts payable automation, also referred to as ap automation software available today. This is closely related to invoice automation and sometimes the line between the two blurs. Whether you’re looking at Sage ap automation or NetSuite automation or American Express automation or Tipalti ap automation or one of the other accounts payable solutions, you need to having a good understanding of Invoice processing if you are going to do an effective job of accounts payable management. #apautomation #invoiceautomation #accountspayable
It's an important topic, ap automation for finance controller, which is why we start with a basic explanation of what is ap automation software.
Link to Master the Invoice Process: Best Practice [AP + P2P] https://youtu.be/6eXuYMvvfLU
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What's the difference between the balance sheet and income statement, two of the most common financial statements. #balancesheet #incomestatement #accounting
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Link to Cash Flow Statements for Beginners https://youtu.be/go2MG8tb2Iw
Link to Understanding the Chart of Accounts https://youtu.be/iVQxpHceFIc
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Delve into the world of accounts payable and discover how seemingly small mistakes can lead to financial catastrophe! Join us as we shed light on the critical aspects of managing accounts payable that are often overlooked until it's too late. Don't miss out on essential tips and insights to avoid disaster in your own business. Subscribe now for more valuable advice on handling accounts payable! #accountspayable #accountspayableprocess #accounting
Link to New Twist on Payment Fraud [It Could Happen to Anyone] https://youtu.be/gnKou2KOLTQ
Link to Networking The Easy Way https://youtu.be/48Qzh99i2gc
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In this video, we'll cover the best accounts payable practices that no accounting professional can afford to ignore. From streamlining the process to ensuring accurate data entry and timely payments, these tips will help you optimize your accounts payable department and improve your company's financial operations. Don't miss out on these essential best practices for managing your accounts payable! #accountspayable #accountspayablebestpractices #accounting
Link to Appropriate Separation of Duties https://youtu.be/mL6f1Q8gP5M
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As a new accounts payable manager, it's important to avoid common mistakes. In this video, we'll cover some tips on how to effectively manage your accounts payable while avoiding pitfalls. Whether you're new to accounting or an experienced manager, these tips will help you improve your accounts payable process. #accountspayable #accounting #management
Link to Accounts Payable Understanding Surprising Complexity https://youtu.be/SZ0qVUUwjzQ
Link to A Day in the Life of Accounts Payable https://youtu.be/K79TlPGjoFk
Link to Separation of Duties in Accounts Payable https://youtu.be/mL6f1Q8gP5M
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Ever wondered how ACH payments work? You're in luck! We'll break down the difference between ACH credits and ACH debits in this video. Stick around until the end to uncover the misconception about ACH that can impact your payment strategies and costs. Accounting, finance, accounts payable, and treasury professionals, this is a must-watch! Don't forget to subscribe for more helpful tips and tricks! #accountspayable #payments #accounting #business #treasury #treasurymanagement
Link to The Difference between ACH and Wire Transfers https://youtu.be/ZOvcvvM7j04
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Learn about the latest twist in payment fraud. They are not just using deepfakes to impersonate Taylor Swift. They are bringing it into your workplace. Find out how this technology is being used to scam businesses and what steps you can take to protect your accounts payable. Don't let your business fall victim to this new form of fraud. Stay informed and stay protected!
Link to Can You Spot the Phony Email Address https://youtu.be/8IkeqkkQ2Do
Link to The Half Deepfake Fraud https://youtu.be/auzLsjDiTlo
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Want to know the secret to getting the job you want? It's not always about qualifications or experience, sometimes it's about selling yourself. In this video, I'll reveal the secrets of great sellers and show you how to position yourself as the best candidate for any job. Don't miss out on this valuable advice - subscribe now! #career #accountspayable #accounting
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Reduce stress levels and boost your career prospects by following a simple method that was used by legendary figures like Teddy Roosevelt and Winston Churchill. Discover the secret that helped Abraham Lincoln, Marilyn Monroe, and Reese Witherspoon succeed in their respective fields. This technique works for everyone, including those in accounting, finance, and accounts payable. Subscribe now to learn more! #career #accountspayable #accounting
Link to Crushing Imposter Syndrome https://youtu.be/nKfVtwRLeJY
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Digital transformation can be a daunting task, but with the right accounts payable automation solution, it can become a breeze. Join us in this video as we dive into the must-have and nice-to-have features that will make your digital transformation a success. Don't forget to hit that subscribe button to stay updated with the latest automation tips and tricks! #accountspayable #automation #accounting
Accounts payable automation software, such as Netsuite helps with Accounts payable management (also p2p management), especially when it comes to a digital transformation or robotic process automation or Invoice automation. Cash flow can be enhanced. Also, takes a look at how automation improves accounts payable (ap) workflow
Link to 9 Reasons Why Your Automation Project Fails: Vendor Issues https://youtu.be/Z3oITKT0LR0
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Are you well-versed in the crucial concept of separation of duties? Delve into the depths of its monumental significance and realize why it is regarded as the bedrock of a rock-solid internal control process within the realms of accounting, finance, and procurement. Embark on a thrilling journey where we meticulously explore and dissect the various tasks that are typically handled by an accounts payable department. Brace yourself for a jaw-dropping revelation as we unveil which tasks should never be entrusted to the same individual. Stay in the know and stay ahead of the game by subscribing to our channel today! #accountspayable #accounting #internalcontrols
Link to Where Separation of Duties Doesn't Work https://youtu.be/xR8gx4KrIbU
Link to Three Way Match https://www.youtube.com/playlist?list=PLtL6rWSXZ-HemLUV6hG8rDbeElk9kaPjm
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Wondering what tasks your AP team takes care of during the accounts payable process? In this video, we'll break down the different tasks and responsibilities of an AP team, from invoice processing to payment reconciliation. Understanding these processes can help your business operate more efficiently and effectively manage your expenses. Watch now to learn more about accounts payable process tasks! #accountspayable #accountspayableprocess #accountspayable
Link to most recent uploads https://www.youtube.com/playlist?list=PLtL6rWSXZ-HflLDp781KPV5rTYPjxfQ1L
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Google Sheets is not just for professionals – it's for everyone! With a Google account, you can access this powerful tool and use it for personal finance management. Whether you want to keep track of your checking account balance or create a budget, Google Sheets has all the features you need. And did we mention it's free? So why wait? #googlesheetstutorial #googlesheets #accountspayable
Link to Excel Shortcuts Everyone Should Know https://youtu.be/GTum16YUl14
Fraud Alert: Andy Cohen (Real Housewives) shares story, waring and advice.
Trust no one who calls you,” Andy Cohen (from The Real Housewives franchise) advised while appearing on the Today Show. “Don’t get sucked into the urgent moment of it.” He was speaking out because he wants to make sure no one else gets duped in this manner. He is too be commended for his willingness to share what happened to him so it doesn’t happen to you. We’re going to share what happened so hopefully, if you or your company are targeted, you’ll recognize it as a fraud. Make sure you stick around until the end when we share some fraud protection advice both from Cohen and from us. #fraud #andycohen #scam
Link to Can You Spot the Phony Email Address
https://youtu.be/8IkeqkkQ2Do
Sometimes, job seekers are their own worst enemies. They do everything right, are within inches of nailing the job, and then they open their mouth and say something that makes that potential job offer go up in smoke. The really sad part of this story is that these mistakes are easy to avoid. The job seeker often doesn’t even realize what they did. They just don’t get the offer. Make sure you stick around until the end where we share the mistake you can easily rectify and it could mean the difference between a job offer and nothing. #jobinterview #jobs2024 #accountspayable
Link to Preparing for A Job Interview as Few Do https://youtu.be/StE8zLOsQ2k
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
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jobinterview #jobsearch #accountspayablejobsearch #jobs #jobinterviewtips #jobinterviewprep #jobinterviewsuccess #jobinterviewadvice #jobinterviewquestionsandanswers #jobinterviewquestions #jobinterviewskills #jobinterviewhelp #jobinterviewadvice #jobinterview2024 #careeropportunities
Electronic payments have long been the norm in most of the world, with paper checks considered an antiquated unsophisticated and rarely used payment mechanism. The one lone exception has been the US – until now. That is all changing. There are two main methods of making an electronic payment in the US. We’ll take a look at both of them, examine the pros and cons of each and suggest when you should use each. Stick around until the end when we share some ways you can solve a nightmare AP problem and save a bundle at the same time. Accounts payable efficiency extends to the payment process and selecting the right payment tool. #accountspayable #payments #payment
Link to ACH 4 Types Explained https://youtu.be/E_mX5GaOR2o
Link to Paper Checks: More Expensive Than You Might Think https://youtu.be/cl3v7yDh8vA
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Whether you call it benchmarking, or metrics or analytics, I promise you, that no matter what you have heard, it doesn’t have to be hard or complicated. In fact, if you are watching this, I’m willing to bet you could perform the basic analytical work required for most accounts payable and accounting functions – despite what you may believe. We’re going to bust some of the more common misconceptions surrounding the process. Make sure you stick around until the end when I share one mind-boggling story that is bound to make your hair stand straight up. #accountspayable #dataanalytics #accounting
Link Never Use this Accounts Payable Metric https://youtu.be/0CPLv5zv4Q8
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As many have learned the hard way, not using these accounts payable best practices can be a very costly mistake. Don’t be the accounting or accounts payable department that misses the boat. Make sure to incorporate these practices into your operations and then you won’t have to explain to management why disaster hit, while you were running the show. #accountspayable #accountspayablebestpractices #accounting
There are certain best practices in the accounts payable process that many companies skip over. Discover the essential steps that can save you time and prevent disaster in your business. Don't miss out on these accounts payable best practices that few people use. Subscribe now to stay ahead of the game.
Link to AP Process Audit: Achieving Efficiency and Accuracy https://youtu.be/KQYk32cKzvk
Cracking the Code on Invoice Processing: Unraveling the captivating and intriguing mysteries behind invoices in a fun, interactive, and engaging manner that will leave you wanting more. Discover and delve into the inner workings of these important financial instruments, gaining a comprehensive understanding of how they function from listing an extensive array of products and services to fulfilling their role as irrefutable legal documents. Don't let this opportunity slip away, make sure to hit the subscribe button now to stay updated with our latest captivating content! #invoice #accountspayableprocess #accountspayable
Link to Master the Invoice Process: Best Practice [AP + P2P] https://youtu.be/dxGJlH-BWmU
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
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Are you tired of the annual chaos that engulfs your accounting group during year-end? Don't fret any longer! We have the ultimate solution for you. Uncover the straightforward steps that will enable you to avoid the dreaded delays in invoice payments and the anxiety-inducing situation of unapproved expenses. Put an end to the year-end nightmares that haunt you and your colleagues every year by hitting that subscribe button right now. Don't miss out on the opportunity to enjoy a stress-free and seamless year-end process! #accountspayable #accountspayableprocess #accounting
Link to Conditional Formatting to Find Duplicates https://youtu.be/ssdlMh79n4E
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
What would your ideal workplace look like? In our year-end holiday wishes for you, we wipe away the aggravations of the office - both large and small. These are not new year's resolutions or, for the most part, anything you can achieve. But rather, a look at the ideal workplace for accounts payable professionals, accounting professionals, finance and treasury executives. Whether you are an accounts payable beginner or a seasoned pro, this is the workplace we'd love to give you. #accountspayable #accountspayableprocess #newyears2024
If you like this, you'll love Gemma Durham's poem. Link to Accounts Payable Poetry https://youtu.be/mMQYY-1w1XI
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
In this follow-up broadcast, we expose the control weaknesses that allowed a cunning employee to wreak havoc on the Jacksonville Jaguars' virtual card program. Make sure to watch until the end, as we share valuable tips on protecting your organization from similar attacks. Don't miss out on this informative update. #accountspayable #virtualcard #embezzlement
Link to Jags Scandal Part 1 https://youtu.be/SqAWQu7HmMs
Link to P-card Audit https://youtu.be/qyQCEGlX2pw
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
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When it comes to job interviews, the salary question can be a real game-changer. But don't panic! In this video, we'll share essential tips on how to handle the "what are your salary requirements" question and maximize your earning potential. Learn how to strike the right balance and secure the job offer of your dreams. Don't forget to subscribe for more career advice! #accountspayablejob #jobinterview #accounting
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
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Discover the shocking story of how the Jacksonville Jaguars fell victim to a virtual card program gone wrong. We'll take you through the control weaknesses that allowed an employee to exploit the system. Stay tuned until the end for a discussion on two other organizational issues you need to know about. Subscribe today to stay informed! #virtualcard #jacksonvillejaguars #accountspayable
Link to 11 Different Types of P-cards https://youtu.be/U0w6h5eu_o8
Link to P-card Fraud: How to Prevent It https://youtu.be/Lu9fG--Y1Ro
More about Lynn Larson https://www.linkedin.com/in/lynnlarsoncpcp/
More about Recharged Education https://www.recharged-education.com/
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The accounts payable invoice process has many moving parts. It is so easy to get one or more of the wrong – and even one tiny, what seems like an inconsequential misstep can cause havoc resulting in either a duplicate payment that is difficult, if not impossible to retrieve, a late payment, a disgruntled supplier or worse, an unhappy manager. We’ll go through the steps and the best practices you should use every step of the way so that doesn’t happen to you. Make sure you stick around until the end when we discuss one practice that will definitely make suppliers angry … and angry suppliers tend to call management and complain about you. #invoice #accountspayable #accountspayableprocess
account payable
Link to Rookie Invoice Mistakes https://youtu.be/SwEl15hXI38
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Website: https://www.ap-now.com/
LinkedIn AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Dive into the financial world with our latest video on the Statement of Cash Flow!. Learn how this crucial financial statement quantifies the ebb and flow of money within an organization, dissecting the sources and uses of cash. Stick around until the end to discover the pivotal role of accounts payable and why it's a make-or-break component in financial statements and other accounting stuff. #cashflow #statementofcashflow #accountspayable
In this video, we break down the components of the Statement of Cash Flow, from the opening cash balance to the three broad categories of cash flow activities as typically prepared by the financial controller.
Link to The Fear of Falling Behind: Navigating a Change in Accounts Payable https://youtu.be/bnGC6SM-3b8
Discover how to effectively understand the statement of cash flow and why it's more than just finance jargon. Learn how this financial statement reveals the movement of money within an organization and the importance of accounts payable.
Cashflow Statement Basics Explained
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
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More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
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Staying ahead of AI in the Job Market. In this video, we're going to discuss the topic of AI taking over accounts payable in 2024 and what you can do about it. AI is already starting to take over certain jobs in the workplace, and accounts payable is likely to be one of the first areas where AI is implemented. So what do you need to do if you think AI will take your job? In this video, we'll discuss some of the things you can do to prepare for AI taking over your job, and provide some tips on how to stay safe in the AI-dominated workplace. #preparingforai #accountspayable #accountspayableprocess
Link to Change in AP https://youtu.be/bnGC6SM-3b8
Link to Accounts Payable Poem https://youtu.be/mMQYY-1w1XI
Learn more about Jamie Radford https://www.linkedin.com/in/jamieradford/
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
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More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Are you tired of drowning in the endless sea of accounts payable tasks, wishing you had more time for the things that truly matter? In this video, we're revealing 7 game-changing time savers that will give you back those precious hours each week. From simple hacks to effective process changes, we've got you covered! #AccountsPayableTips #accountspayableprocess #timemanagement
We’ll discuss GL Cheat Sheet Creation: Empower your AP associates with a handy GL Cheat Sheet, streamlining invoice processing and eliminating unnecessary search time; Eliminate Inefficient Tasks: Wave goodbye to outdated processes that not only waste time but lack internal controls. It's time for efficiency to take center stage! Double Screen Efficiency: Boost morale and speed up invoice processing by equipping your processors with a second screen – a small investment with big returns. Email Templates: Say goodbye to repetitive emails with grammatical errors. Develop templates for standard issues, ensuring consistency and professionalism. Policy & IRS Rule Documentation: End repetitive arguments over reimbursement requests by providing employees with documented policy and IRS rule references. Invoice Missing Information Protocol: Don't waste time figuring out missing details. Return invoices lacking crucial information and watch your efficiency soar. Master Excel Shortcuts: Supercharge your productivity by learning and incorporating Excel shortcuts daily. Check out our recent talk covering A to Z shortcuts for a quick start! Stick around until the end, where we share a simple yet effective way to enhance your proficiency in this in-demand skill while supercharging your productivity. #TimeManagement #ProductivityHacks #AccountsPayableTips #ExcelShortcuts #LifeHacks
Link to Excel Shortcuts A to Z https://youtu.be/GTum16YUl14
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The job of an accounts payable specialist is ideal for someone who is detail oriented. While it is more complicated than it might seem at first glance, it is not difficult – if you follow instructions. It is the way many professionals start their accounting career and provides a good foundation for understanding how an organization operates. An accounts payable specialist is sometimes referred to as an invoice processor, an accounts payable associate or occasionally an accounts payable clerk. In the UK, the term purchase ledger is sometimes used in place of accounts payable. #accountspayable #accountspayablespecialist #invoiceprocessor
The accounts payable role, accounting training, is often overlooked – to the detriment of the organization’s bottom line.
Link to Three Way Match videos https://www.youtube.com/playlist?list=PLtL6rWSXZ-HemLUV6hG8rDbeElk9kaPjm
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Ode to Accounts Payable Association is a poem written by the very talented Gemma Durham. In it she aptly captures the essence of what it is to work in accounts payable – the trials and tribulations, the headaches that are endured on a daily basis, the misconceptions others have and more. She first read this work at the AP Association’s Gala Dinner in Birmingham. #accountspayable #apassociation #poetry
Although I’m spilling a little bit of the tea, my favorite lines are:
People think AP is easy
We teach them that’s absurd.
The rest of this delightful poem is here for you to enjoy.
Learn more about Gemma Durham
https://www.linkedin.com/in/gemma-durham-94285155/
Learn more about Accounts Payable Association
https://ap-association.com/
Learn more about Brad Burton – Britian’s #1 Motivational Speaker https://www.linkedin.com/in/bradburtonuk/
Link to Who Knew AP Was So Complicated https://youtu.be/UGFaUkiNPP0
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Worried AI will take over the world, or worse? Have no fear. That is not happening, in part thanks to some of 5 relatively new initiatives impacting the use of AI in business today. We’ll discuss each in a little detail. These various initiatives are not about restricting the use of AI but rather about setting up guide rails that ensure civilization doesn’t go off the tracks in its quest to make the most of AI. Make no bones about it. I believe AI is here to stay – we just have to learn how to make the most of it without allowing it to take over. It will make the accounts payable process, along with other accounting and finance functions, easier and require less manual intervention. #AI #accountspayable #aptechnology
Link to Data Analytics for Accounting, Finance and Accounts Payable https://youtu.be/jNzfTsC24tY
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No matter where you turn, you see headlines like, AI will take over the world, AI will take all the jobs in accounts payable, accounting and finance; AI is the enemy. We don’t really agree with them, but we do think it will have an impact. Stewart Griffiths joined up to discuss 5 ways AI is having a positive impact on accounts payable. And we’ll bet you haven’t thought of several of them.
Link to AI and AP The Changes, Challenges and Opportunities
https://youtu.be/_Oeq_F9oDuk
What is AI Technology? We hear about it all the time, but what does it actually mean? What is artificial intelligence. These are a few of the questions answered in this brief explanation of What is AI Technology.
This is a short, very basic, explanation of what is AI Technology, with an accounts payable example.
Link to list of short videos on ChatGPT https://www.youtube.com/playlist?list=PLtL6rWSXZ-HeTO4e8Cuyv5RppwicFecuT
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While most professionals understand the importance of documenting new processes, many would rather undergo a root canal than to sit down and produce the necessary documentation. What’s more, this issue is becoming increasingly important as new technology is inundating the accounting, finance and accounts payable space. So, when Marie Mills, a nationally recognized documentation expert agreed to sit down and chat with us specifically about documenting the use of technology. Make sure you stick around until the end when she shares some strategies for documenting areas you probably never thought of documenting … and believe me, when you run into trouble, you’ll be glad you followed Marie’s advice. #documentation #accountspayable #APTechnology Week
Accounting/ Accounts Payable tips on documenting use of new technology.
Learn more about Marie and her services at www.clearsolutionsbyMarie.com
Link to 3 Automation Mistakes: Shooting Yourself in the Foot https://youtu.be/IlSK-BG5Xfw
Link to Accounts Payable: Fact or Fiction 22 Myths https://youtu.be/OdNWGIPJ9EA
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Any time you can find a way to save time, do something quicker or save keystrokes, that’s a winner in the accounts payable, accounting and finance space. To kick off Accounts Payable Technology Week, we thought we’d go through the alphabet and share with you the Office shortcuts associated with each letter. The really great thing about some of the shortcuts we are about to discuss, is not only do the work in most Office applications (I wanted to say all – but anytime I do that, someone finds some obscure exception to point out) Anyway, these will also work in certain other applications, so when in doubt try them. For example, I’ve got a fun bonus shortcut, that I’m going to share at the end, and believe it or not, it actually works in the advanced video editing software we use. #APTechWeek #accountspayable #excel
Excel Hacks for Beginners
Link to Using Conditional Formatting https://youtu.be/ssdlMh79n4E
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
We’ve had several inquiries lately about our accounts payable best practice certificate program at AP Now. This made me realize that I rarely talk about it – and that is probably not as it should be. So, calls and emails from viewers and listeners just like you, inspired me to make this episode. In case you missed it, that’s a little hint, that I appreciate hearing from you guys, even if you just like a post (hit the thumbs up button), subscribe and/or comment. BTW – I’ll show you at the end how you can see some of the material before registering for the program. #accountspayable #accountspayablebestpractices #certificateprogram
Accounts payable best practice certificate program
Accounts Payable Certificate Program
Learn more about the AP Now’s Accounts Payable Best Practice Certificate Program https://www.ap-now.com/snip/114.htm
YouTube components of AP Now’s Accounts Payable Best Practice Certificate Program https://youtube.com/playlist?list=PLtL6rWSXZ-Hd_OCc0L2-ArW7ggrfBodN5&si=vUP1es3aOn-ggxxZ
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Linkedin AP Now: https://www.linkedin.com/company/ap-now/
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Facebook: https://www.facebook.com/AccPayNow
In the accounting and accounts payable space, strong internal controls are the unsung heroes of any organization's accounting invoice processing, safeguarding against the deadly trio of errors, fraud, and duplicate payments. In a world where one slip of the hand can end up costing millions, strong invoice processing is critical. Let’s look at the components that will safeguard your organization, including one discussed at the end that most don’t even realize is actually a control. #accountspayable #invoice #accountspayableprocess
Accounts payable invoice processing internal controls for everyone.
Link to Rookie Invoice Processing Mistakes https://youtu.be/SwEl15hXI38
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Website: https://www.ap-now.com/
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Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
You’ve probably heard the saying, a good invoice gets a good payment. Well, how can you tell if you have a good invoice? The answer to that is simple, complete the three-way match. This basic accounts payable invoice verification routine, can save your organization tons of money. How? By ensuring you pay what you have agreed to pay, for the goods both ordered and received, at the right time – not too early and not too late. What’s not to like about that? We’re going to review some of the true power of the three way match, the problems and expenses the three way match helps you avoid. And there are more than you might imagine. Make sure you stick around until the end when we share one many companies don’t even realize exist … and this is to the detriment of their bottom line. #accountspayable #threewaymatch #accountspayableprocess
Link to Purchase Orders: The Frightening Reality of Special Deals https://youtu.be/0zTv2_gOiB4
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Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Have you ever considered turning your corporate experience and skills into a business? That’s exactly what our savvy panelists have done and they are here today to share their experiences and challenges. I’ll bet many would never have considered doing what these savvy women did – but they may give you some ideas of your own. Make sure you stick around until the end when we discuss some unique challenges as well as other opportunities you might never have thought of. #career #entrepreneurship #entrepreneurs
Listen to these savvy female business owners, who started new businesses based on their corporate skills, discuss:
• Challenges
• Misconceptions
• How Technology Helped
• Marketing
• Gender Pay Gap
• Key skills
• And more
Link to Uncovering the Full Potential of Accounts Payable Roles https://youtu.be/2pwgq-d6OQU
Learn more about Beth Carter at: https://bbabookkeeping.com/
Learn more about Lynn Larson at https://www.recharged-education.com/
Learn more about Marie Mills at: https://www.clearsolutionsbymarie.com/
Learn more about Kelly Paxton at https://pinkcollarcrime.com/
Learn more about Mary Schaeffer at www.ap-now.com
Link to Networking for Introverts https://youtu.be/48Qzh99i2gc
Link to Pay Transparency https://youtu.be/N0S3NHNnYnU
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Do you wish your organization would promote you but somehow it just never happens? The promotions always seem to go to someone who is less talented but does a better job at kissing up … I mean self-promotion. Well, I’ve recruited two seasoned professionals who’ve graciously agreed to share the secrets you need to improve your chances, the tips and strategies you can use to make sure you are a serious contender for the next opportunity. Make sure you stick around until the end when we discuss some surprising reasons some folks never get promoted … and what you can do to make them disappear. #promotion #howtogetpromoted #careertips
Link How to Overcome Imposter Syndrome at Work https://youtu.be/nKfVtwRLeJY
Link to Discussion on Pay Transparency https://youtu.be/N0S3NHNnYnU
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/ T
witter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable Facebook: https://www.facebook.com/AccPayNow
In today's fast-paced and dynamic business environment, the only constant is change. Nowhere is this truer than in the realm of finance and accounting, and more specifically, accounts payable. Traditional processes and practices are rapidly evolving by advances in technology, automation, new and ever-innovative frauds, evolving regulations, and shifting market dynamics. One area that stands at the forefront of this evolution is the accounts payable function. As the financial heart of an organization, accounts payable plays a pivotal role in managing cash flow, vendor relationships, avoiding fraud, and financial stability. #accountspayable #accountspayableprocess #accounting
We include three big changes, the new tasks now included in accounts payable and the new skills required to handle them and them.
Link to Purchase Change in Accounts Payable on Amazon https://amazon.com/Change-Accounts-Payable-Speed-Learning/dp/1735100080
Link to Verifying Change of Bank Account Requests: 3 Levels https://youtu.be/iBJDDrh3e0k
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See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
How often has this happened to you? You stumble upon the job listing of your dreams, the one that makes your heart race with excitement. You can already envision yourself in that job, loving every minute. You quickly apply, and then... absolutely nothing. Once again, your application vanished into a black hole. This has become a familiar pattern and you’ve got lots of company – not that that is much consolation. What's causing this radio silence from potential employers? What can you do to fix the situation. We’ve got some insights on how you can change this situation for the better. Make sure you stick around until the end when we share real-life stories of job seekers who cracked the code. They employed ingenious strategies that may just be the missing link you need to get that coveted job. #jobinterview #accountspayablejobinterview #accountingjobinterview
Rejected, ghosted or worse.
When your job application ends up in the black hole.
Link to Advance Your Career in Accounting and Accounts Payable with These Essential Skills https://youtu.be/AI5T4GXcPh0
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See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
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Website: https://www.ap-now.com/ Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Do you know how often when purchasing forgets to reflect special deals on a purchase order, those special arrangements are lost? And sadly, many purchasing professionals do forget. The most commonly lost special is when special payment terms. I think you will be horrified to discover just how many of these special arrangements end up getting lost. The problem is exacerbated at year end, when many sales people are trying to make their numbers or even increase them because bonuses are based frequently on sales. Make sure you stick around until the end when I share how to make sure this all-too common occurrence NEVER happens at your shop. #purchaseorder #purchaseorders #accountspayable
Link to Invoices without Purchase Order Numbers https://youtu.be/zpNocghaDhQ&list=PLtL6rWSXZ-Hfm-G5d8-CpBsC3xi-nQTn2
Special Deals on Purchase Orders
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See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
In the world of finance and accounting, clarity is king, and precision reigns supreme. Yet, lurking in the realm of accounts payable are some persistent misconceptions that, if left unaddressed, can undermine financial operations and compromise organizational success. Let's dive in and separate fact from fiction, myths from reality so your accounts payable function will be a shining example marrying best practices with operational efficiency to produce the most effective operation. Make sure you stick around until the end when we discuss the one misconception that trips up far too many. #accountspayable #accountspayableprocess #accountspayablebestpractices
Common Accounts Payable Misconceptions Link to Weak Accounts Payable Processes that Everyone Still Uses https://youtu.be/JFCOlg1Qv2w
Looking for more of the most current business intelligence about
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See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
++++++++++++++++++++++++++++++++++ Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Wonder what the difference is between mean, median and mode? It’s not difficult. Using real life accounting and accounts payable examples we define these very basic tools for analytics, showing where to use them and how to interpret them. Analytics really does paint a picture, one that can be used to identify problems and run a more efficient and effective accounts payable function. Make sure you stick around until the end when I share how to ensure your data analytics accurately reflect current activity – and issue that sadly, few ever think about. #dataanalytics #accountspayable #metrics
Link to Control Freaks and Data Entry in Accounts Payable https://youtu.be/Bpziv_MAIEM&list=PLtL6rWSXZ-HfvKQrScgUdpa3thmmRqg3s
Data Analytics for AP: Mean, Median Mode, Average and Outliers
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See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
This is about the deceptively easy Accounting/ Accounts Payable job interview question that many get wrong, even those who should know better. When I tell you about this question, you’re going to say, “That’s not a trick question; I can answer that better than anyone else.” And that’s where the problem lies. Yes, you can, but the answer you give is apt to be wrong – and can torpedo your entire interview. Have you given any thought to how you would respond to the request to “Tell me about yourself?” In this episode, we’ve got 7 tips to help you avoid disaster when answering this frequently asked trip question. #accountspayableinterviewquestions #accountspayable #interviewquestions
This deceptively simple interview question has caused many to tank job interviews before they even had a chance.
Link to Preparing for A Job Interview https://youtu.be/StE8zLOsQ2k
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See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Payment fraud is a devious predator, relentlessly gnawing away at your organization's profitability. If allowed to roam freely, it has the power to unleash catastrophic consequences. That’s why it is critical that every organization, no matter how small or large, take steps to ensure their organization is protected. While it is tempting to think Internet fraud and unscrupulous employees playing games with there expense reports are things that only happen at other companies, the reality is something starkly different. That’s why I put together this list of steps every organization should take to ensure fraud is truly something that only happens to the other guys. Make sure you stick around until the end, when I share the one tactic many overlook. #fraud #payments #paymentfraud
Link to NEVER Use These 3 Common Check Practices [Fraud Magnets] https://youtu.be/Ptko0g31Vi4
Link to 3-Way Match videos https://youtube.com/playlist?list=PLtL6rWSXZ-HemLUV6hG8rDbeElk9kaPjm&si=kOcKcksfcVthg5SC
Learn more about Oversight at www.oversight.com
Looking for more of the most current business intelligence about
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Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1
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See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
One tiny error processing an invoice can cost an organization dearly. When it comes to invoice processing and the accounts payable process, even the smallest misstep can have significant financial repercussions for your organization. Unfortunately, these errors occur far too frequently across businesses of all sizes, undermining their financial stability. Contrary to popular belief, these seemingly minor mistakes are indeed a big deal. That’s why accounts payable best practices are so important. #invoice #accountspayableprocess #accountspayable
What's more, those responsible for processing invoices often remain unaware of the potential financial ramifications of their actions. In this piece, we'll pinpoint some of the most common invoice processing mistakes and shed light on the financial challenges they can trigger. Stay with us until the end to explore an often-overlooked aspect of accounts payable invoice processing that just may surprise you.
Link to Three-Way Match Worst Practices https://youtu.be/LcoKBc2tyOE&list=PLtL6rWSXZ-HemLUV6hG8rDbeElk9kaPjm
Link to Changing Invoice Best Practice Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Looking for more of the most current business intelligence about
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See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Did you know that using AI is easier than using Excel? That's just one of the fascinating and useful insights revealed by our expert guest in this broadcast. Without a doubt, the accounts payable function will look very different in just a few short years. AI is going to make an impact. Is that good or bad? And more importantly, what does that mean for our viewers, the professionals who work in, manage and/or have responsibility for the accounts payable function. There will definitely be some challenges. Make sure you stick around until the end when my guest, Nathanael L’Heureux is going to share some of the unexpected opportunities for our community – some of which, I’m willing to bet your never really considered. #AI #AIopportunities #accountspayable
Some of the topics discussed in this talk include:
• What are the different types of AI?
• Using AI to identify duplicates
• How AI can help prevent paying the wrong vendor
• How AI can help prevent using wrong measure when ordering
• How AI can add another layer of protection against fraud
• Different types of AI challenges
• AI and change management
• What are the challenges ap and accounting are likely to encounter with AI
• What are the opportunities for AP and accounting with AI
• Some funny AI stories
• How to get the most out AI
Learn more about Oversight at www.oversight.com
Link to Will AP Be Obsolete in Three Years https://youtu.be/MVvD3S7Fqww
Looking for more of the most current business intelligence about
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See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
What do you have in common with Tom Hanks, Meryl Steep, Barbara Corcoran, and Howard Shultz, founder of Starbucks? Before you respond with a resounding, “absolutely nothing, let me ask you a few more questions. Do you ever feel like you don’t belong in your job or your position because you are not really qualified? Surely everyone can see that! Do you ever sit in a meeting and wonder “what am I doing here?” – not because you are bored to tears but because you think you are not qualified to be part of this impressive group of people gathered to discuss this important issue or problem? Deep down, do you think it’s luck not skill that has gotten you where you are? Well join the club. Lots of other people are feeling the same thing. Tom Hanks, Meryl Steep, Barbara Corcoran, and Howard Shultz, founder of Starbucks have all owned up to feeling like they don’t belong. #impostersyndrome #careertips, accounting
Link to Tips on Becoming more assertive
https://youtu.be/JJ_vx6DJBwU
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See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
The master vendor file can be your best friend or your worst enemy when it comes to running an efficient, cost-effective, fraud-resistant accounts payable and payment process. Today, we're diving headfirst into treacherous waters, along with too many others, the folks that use common Master Vendor File worst practices. This is where the tiniest of errors or oversights can lead to financial disaster, where mistake can facilitate fraud, and where inefficiency silently bleed resources that erodes profitability. We’re going to look at five very common practices that don’t protect an organization but rather open the door to mistakes, duplicate payments and worse. Make sure you stick around until the end when we discuss one practice that many don’t even realize hurts – and it does so in a big way. #mastervendorfile #accountspayable #accountspayableprocess
Link to Fraud in the Vendor File: How to Prevent It
https://www.youtube.com/watch?v=6r9I5d-li-U&list=PLtL6rWSXZ-HeZHaYupptiu7ZBqniRaj2J&index=4
Looking for more of the most current business intelligence about
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+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Are bookkeeping and accounting the same? And more to the point for our audience do bookkeeper and accounts payable professionals do the same things? Well, the answer to that is proverbial “it depends” as there is a large overlap between the two, as I’ll explain. What’s more, some organizations hire bookkeepers to work in accounts payable and others call their accounts payable staff bookkeepers. #accountspayable #bookkeeping #accounting
Link to Accounts Payable Tutorial https://youtu.be/u9O6ab541Dk
Looking for more of the most current business intelligence about
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+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Spending a few minutes preparing for an interview can make a BIG difference, the difference between getting that coveted job – and NOT! We’re talking about spending 10-15 minutes sitting quietly going over various bits of information so you are prepared for whatever the interviewer might throw at you. What’s more, this will help calm you down if job interviews – be they for an internal promotion or a job with a brand new company – tend to make your nervous. I’ve got 5 simple steps to help you with this quick review and they should only take 10 or 15 minutes. Make sure you stick around until the end when we discuss the one stupidly-simple area that trips up many – and once you’ve fallen off that boat, it’s really difficult to recover and have a positive outcome. #accountspayable #accounting #jobinterview
Link to Never Say This on A Job Interview https://youtu.be/zWnVk0Dxku4
Link to Playlist of Videos to Help You with your AP/Accounting Job Interview https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcTqTnJnnUXwLCqs8XNIO6f
Preparing for an accounting ap job interview includes LAST-MINUTE INTERVIEW PREP! How To Prepare For An Interview In Under 10 Minutes! Is a critical skill when preparing for an Accounting/AP Job Interview. This could also be called The 15-minute difference as 10-15 minutes can make all the difference when interviewing. 10 Minutes to AP/Accounting Interview Excellence: AP/Accounting Insights is critical.
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Do you know the difference between a purchase order number and invoice number and what each are used for? Purchase order numbers and invoice numbers are two numbers used for several different functions in the procure-to-pay and accounts payable space. It is critical that everyone involved in these functions understand the basic different between a purchase order (and the purchase order number) and an invoice (and the corresponding invoice number). Sadly, not everyone does. These critical determinants are key to effective and efficient processing. Purchase orders without PO numbers and invoices without invoice numbers are not acceptable. You need both. Make sure you stick around until the end when we share one invoice number dilemma many are not even aware exists! #purchaseorder #invoice #accountspayable
Link to When the Invoice Number Changes [Avoiding Duplicate Payments] https://youtu.be/dCzcBGm-2FY
Link to Invoices without Purchase Order Numbers: They Can Be Eliminated https://youtu.be/zpNocghaDhQ
Link to What Is a Purchase Order and How Does It Work? https://youtu.be/rnZD3qJOzoA
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
While most organizations like to think they are best practice when it comes to their accounts payable operations, the reality is something starkly different. At best, most use about half of the recommended best practices and the rest use even less. I’ve identified a handful of really weak and ineffective practices still in use at virtually every organization. We’ll discuss why and how they hurt as well as what you should be doing instead. Make sure you stick around until the end when we discuss one practice that only recently slide on to the worst practice list (thanks to a new fraud) and I’ll tell you what to do instead. #accountspayable #accountspayablebestpractices #accountspayableprocess
Worst accounts payable practices that everyone should avoid and what to do instead. This could also be called Common AP Worst Paper Practices: Told Through Cartoons.
Link to Check Washing Fraud Scam https://youtu.be/iX8oS5qggDg
Link to Invoices without Purchase Order Numbers: They Can Be Eliminated https://youtu.be/zpNocghaDhQ
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
A good invoice gets a good payment is the mantra of many best practice accounts payable departments. But what makes up a good invoice? Does leaving off one little piece of information make it a bad invoice? Will bad invoices not be paid? Today we’ll review the necessary parts of an invoice. Leaving any of this information off may result in your invoice not being paid – or payment being delayed. Make sure you stick around until the end when we discuss one piece of information often left off, to the detriment of the seller. #invoice #accountspayable #accountspayableprocess
Link to Life of An Invoice [Stages] https://youtu.be/ihuVZO88khg
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Did you ever have a conversation with someone where you each thought you knew what the other was talking about – and then it turned out you were talking about two different things – or worse, you each went away thinking you had agreed to something – but you had two very different ideas what that was? Welcome to the world of accounts payable where things are changing quickly – and our vocabulary isn’t always keeping up. Today we’re going to try and give you the information you need so that doesn’t happen on your watch. Make sure you stick around until the end when we discuss one area that has fooled more than a few knowledgeable professionals. #accountspayable #accounting #jargon
Link 3 Automation Mistakes https://youtu.be/IlSK-BG5Xfw
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Think invoices are just mundane pieces of paper or electronic documents? Ever wonder what happens when that invoice hits the accounts payable department? Probably not. But we’re here to share that it’s a lot more complicated than you might imagine. And get it wrong or try and skip one of these steps – and you could end up with non-payment and credit hold, duplicate payments or worse, fraud. That’s right fraud. Stick around for the secret life of an invoice, your company can’t afford for you to get it wrong. It’s absolutely horrifying. #invoice #accountspayable #accounting
Link to Invoice Processing Tips https://youtu.be/RC3oIYDBgtU
What you need to know about invoices Invoices
What you need to know
Everything you need to know about the Invoice. In this episode you'll learn what an Invoice is, why it's important and what's typical invoice format. Invoicing is an essential part of any business whether you're working for yourself or for a corporation. If you want to get paid you've got to know what an Invoice is and how to use it.
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Are you ready to revolutionize your accounts payable department's efficiency? Discover how to reclaim more than 25 hours of valuable time with proven strategies that go beyond automation. Join Mary Schaeffer, the visionary founder of AP Now, as she unveils a series of actionable tactics aimed at streamlining your accounts payable processes and driving cost savings. In this insightful talk, Mary uncovers the hidden inefficiencies that might be holding your AP team back. From oddball tasks that have crept into your workflow to allocating resources effectively, you'll gain insights into identifying and eliminating roadblocks that drain time and resources. Mary shares how a seemingly harmless act of goodwill by a boss led to an avalanche of non-value adding tasks being dumped onto the AP team, illustrating the importance of strategic task allocation.
Link to How Not to Make Mistakes in Accounts Payable https://youtu.be/sTftdsXsVbM&list=PLtL6rWSXZ-HdI07dhxDjdq0XbA8owsVz7
Link Paper Checks: More Expensive than You May Realize https://youtu.be/cl3v7yDh8vA
Link Accounts Payable Best Practices No More Paper https://youtu.be/79IQQLYEGJY
Link to Vendor Credits: Why They May Be Disappearing https://youtu.be/Kog6wm8lr_k
But the journey doesn't end there. Dive into the world of payments, where paper checks have long reigned as an inefficient monarch. Discover how to challenge this status quo by transitioning to electronic payment methods such as ACH and p-cards. With every payment optimized, you'll free up more time for tasks that truly matter. Mary doesn't stop at payment methods. She advocates for an environmentally conscious approach by urging suppliers to embrace digital invoicing. Witness the transformation as paper is replaced by streamlined electronic workflows, ensuring both efficiency and sustainability. In the pursuit of efficiency, Mary introduces the power of dual screens for your AP team. Investing just a few dollars in this upgrade can yield substantial dividends in terms of productivity and morale. Uncover the ripple effect of increased screen real estate and witness how it can lead to a significant reduction in paper usage. Vendor credits can be a hidden treasure trove of cost savings, yet many organizations overlook them. Mary sheds light on the importance of requesting vendor statements and conducting regular audits to ensure that your organization collects every penny it's owed. The talk concludes with a reflection on the inevitability of mistakes in the business world.
Mary guides you through the process of addressing errors, investigating their root causes, and implementing process adjustments to prevent recurrence. Learn from these experiences to refine your AP function and drive continuous improvement. Join us in this insightful journey toward transforming your accounts payable function. From practical strategies to real-world examples, Mary Schaeffer equips you with the tools to reshape your processes, reclaim lost hours, and pave the way for a more efficient and productive future. Don't miss out on this opportunity to enhance your AP processes and propel your team toward success. Hit that play button, subscribe for more enlightening content, and share your thoughts in the comments section below. Together, we'll revolutionize accounts payable efficiency and drive impactful change.
00:00 Introduction 01:19 Tactic 1 Eliminating Non-AP Tasks
02:33 Tactic 2: Eliminating non-value add Tasks
03:56 Tactic 3: Eliminating the King of AP Inefficiency
04:41 Tactic 4: AP - A Magnet for Paper
05:30 Tactic 5: The Inexpensive Fix that Pays back
06:40 Tactic 6: Uncovering Hidden Vendor Credits
08:06 Tactic 7:
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
The accounts payable process has more moving parts than many accounting and finance professionals realize. It involves a lot more than simply getting a bill and paying a bill. That’s precisely the reason I created this intensive session, which is based by the way, on part of my just published book, Fundamentals of Accounts Payable.
Whether you're an experienced accounting or accounts payable professional looking to review the basics, a new graduate hoping to land a job in accounts payable, a seasoned accounting or finance professional looking to sharpen your financial acumen, or a bottom-line focused entrepreneur, you've come to the right place. Make sure you stick around until the end when we discuss several issues that many don’t even realize is part of the accounts payable process. #accountspayable #accountspayableprocess #accountspayablebestpractices
Link to Eliminating Duplicate Invoices Best Practices for Accounts Payable Management https://youtu.be/P6n-3gDqAs0
Link to Vendor Credits: Why They May Be Disappearing and How to Stop It https://youtu.be/Kog6wm8lr_k
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Paper checks are expensive, inefficient, fraud magnets and require a lot of manual processing. Making the matter even more dangerous is the fact that many organizations use common practices when issuing checks that make them more vulnerable to fraud – and they don’t even realize it. We’re going to look at three very common mistakes, including one in use at virtually every organization. Make sure you stick around until the end when we discuss some simple strategies you can use so you don’t endanger your organization’s finances. #payments #accountspayable #accountspayableprocess
If you want to uncover the problems associated with paper checks, this is the video for you. The problems appear in the most innocuous of processes, proving once again, that there are some really smart criminals.
Link to Slash Costs, Boost Productivity by Reducing Paper Checks https://youtu.be/xeRuLLM63OM
Link to 5 Really Bad Check Signing Practices https://youtu.be/YYB-ZvQZ1Fo
Not NEVER Use These 3 Common Check Practices [Payments in Accounts Payable], but How Paper Checks Can Expose You to Fraud and Theft, but Why do Americans still use paper checks?
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Website: https://www.ap-now.com/ Linkedin AP Now: https://www.linkedin.com/company/ap-now/ Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
re you tired of mistakes in your accounts payable process? Are you determined to find the potential hot spots where errors might occur so you can root them about before they can create havoc in your financials. I've got a strategy that can help and put you and your team on the road to success in your accounts payable operations. This is the ultimate guide everyone needs to ensure they stop as many errors as is humanly (and technologically) possible. Make sure you stick around until the end when we discuss one tactic that everyone should use but surprisingly many don’t. #accountspayable #accountspayableprocess #accounting
The Accounts Payable Mistake Prevention Strategy is something every accounting professional can implement.
Link Why Your Vendor Credits Are Disappearing and How to Stop https://youtu.be/Kog6wm8lr_k&list=PLtL6rWSXZ-HdI07dhxDjdq0XbA8owsVz7
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Have you ever considered that your words could be the deciding factor between landing that dream job and getting a polite, 'We'll be in touch'? Let’s say you've meticulously crafted your resume and your LinkedIn profile, highlighting your skills, experience, etc. You’ve managed to secure an interview at your dream company (or one that has an opening you’re qualified for) and everything is going along pretty well. You’ve even got some repertoire with the interviewer, your potential boss. And then disaster hits, although you don’t realize it at the time. – and then never hearing from them again. It’s quite possible that you crossed that invisible line in the land of things to never ever say on a job interview. We’ve got eight of them for you here. Make sure you stick around until the end when we discuss the one area where a wrong answer can completely torpedo your job prospects – although those who fall into the trap usually don’t realize it until it’s too late. #interviewtips #accountspayable #accounting
Avoid these common interview mistakes.
Link: Accounts Payable Interview Questions and Answers https://youtu.be/0hqkC0UeJDU
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Worst practices for the three-way match process in accounts payable or accounting can mean the difference between paying exactly what you owe and paying a lot more on your invoices. Sadly, they are all too common. The three-way match is a process that businesses use to ensure that the goods or services they receive match what they ordered, as well as what they are being billed for payment. This process helps to prevent errors and fraud and is an important part of a business's financial management. When best practices in this critical area are ignored, they can end up costing businesses hundreds or thousands of dollars – or more. Stick around until the end when we discuss one many companies never even consider. #accountspayable #threewaymatch #accounting
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses. Three-way match best practices for the invoice handling process in accounts payable or accounting can mean the difference between paying what’s owed or more than what’s owed.
Link to Three Way Match Internal Controls https://youtu.be/mCJTAPAsFQc& list=PLtL6rWSXZ-HemLUV6hG8rDbeElk9kaPjm
A list of short videos on different aspects of the three-way match: https://youtube.com/playlist?list=PLtL6rWSXZ-HemLUV6hG8rDbeElk9kaPjm
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See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
What is an Accounts Payable Minimalist? Someone who strips out all the interruptions and non-value add work so they can focus on the important issues at hand. In the case of AP, that refers to the processing of invoices accurately and quickly, avoiding fraud (especially new ones), complying with all regulatory mandates (of which there are many) and selectively and efficiently incorporating new technology to help achieve their mission in the most cost-effective manner.
The minimalist can be the person who works in, manages or has responsibility for the Accounts Payable function. Make sure you stick around until the end when we explain a common misconception about what an accounts payable minimalist is and the extra step AP Minimalists take beyond best practices to really maximize their value. It’s really not difficult at all and you’ll want to implement it ASAP. #accountspayable #accountspayableminimalist #minimalist
Link to How Not to Make Mistakes in Accounts Payable https://youtu.be/sTftdsXsVbM&list=PLtL6rWSXZ-HdI07dhxDjdq0XbA8owsVz7
Link to Invoices without Invoice Numbers https://youtu.be/ZPbvMT5LvUQ
Link Paper Checks: More Expensive than You May Realize https://youtu.be/cl3v7yDh8vA
Link Accounts Payable Best Practices No More Paper https://youtu.be/79IQQLYEGJY
Link Best 1099 Reporting Practices https://youtu.be/79IQQLYEGJY
Link Bank Rec Statement Best Practices https://youtu.be/gZ4JEurONVE
Link Early Payment Discounts https://youtu.be/KxFMjlzPU2E
Link to Vendor Credits: Why They May Be Disappearing https://youtu.be/Kog6wm8lr_k
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Bank recs, or rather the reconciliations of bank statements are a key part of any accounting/accounts payable/treasury best practice operation. They are critical for detecting fraud and identifying unauthorized transactions and more. And by the way, this is true both for organizations and for individuals. Ignore this tedious task and you put your finances (or your organization’s finances) so at great risk. We’re going to review several best practices related to the handling of bank recs. Make sure we stick around until the end when we discuss one best practice, ignored by over 2/3 of the accounting and finance community – an ignored best practice that is bound to cause trouble with state auditors. #bankrecs #bankreconciliations #accountspayable
Link to Paper Checks: More Expensive than You Realize https://youtu.be/cl3v7yDh8vA
Those searching for How to do a bank reconciliation will benefit from integrating the information from this Bank Statement Reconciliation Best Practices talk. Whether looking for a bank reconciliation example or accounting for beginners bank reconciliation, this information is crucial.
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Are you ready to take your AP and invoice automation to the next level? Join us for an eye-opening discussion with the knowledgeable Dan French, as we delve into the true potential of these automation models once implemented. With both of us firmly agreeing on the significance of automation in today's business landscape, this talk promises to offer valuable insights and real-world experiences. #accountspayable #automation #invoiceautomation
As we all know, PDFs play a pivotal role in many automation efforts, but their integration hasn't always been seamless. To shed light on this crucial issue, we've invited Dan French, an expert in the field, who will share his intriguing thoughts and experiences. The story behind how we connected is an interesting one, involving a captivating discussion with Dan and 20 other professionals. Our conversation was so enthralling that it led to this broadcast, where we'll spill the tea on AP and invoice automation. With a focus on solutions, we explore the scope for service providers to address the PDF problem. If they fall short, Dan shares insightful recommendations for overcoming this challenge and maximizing automation success.
While AP automation solutions are becoming increasingly prevalent, Dan will reveal that the journey doesn't always guarantee smooth sailing once purchased. We'll dive into the utilization aspect after 6 months or a year, and examine common challenges that arise.
Now, the PDF problem – a significant obstacle that affects automation projects relying on email invoicing. Although the US and UK currently remain unaffected by global electronic invoicing mandates, it's crucial to understand the potential implications. Dan clarifies the issue, its implications, and potential future developments.
Link to Invoice Automation: Key Issues https://youtu.be/YisB_je3G2U&list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Host: Mary Schaeffer (www.ap-now.com)
Guest: Dan French (https://www.consider.biz/)
Not Invoice Automation: The Overlooked PDF Problem, but Automated Invoice Processing, but how to automate invoice data copy to Excel in 1 minute, but Microsoft Power Automate Tutorial – extract data from PDF invoices, but Clean and professional invoice template
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other ++++++++++++++++++++++++++++++++++ Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
FedNow: The Future of Corporate Payments Unveiled. FedNow, the groundbreaking new development in the corporate payment landscape is now here. But what does it mean for the accounting, finance, treasury and accounts payable professionals responsible for making payments on behalf of their companies. Join us for a journey through the corridors of FedNow, peering into the future of finance and payments. We’re joined today by Kevin Olsen, the payments professor to learn what to do and more importantly, what to watch out for. Stick around until the end when he shares some not so obvious pitfalls every organization should avoid. #FedNow #payments #accountspayable
Link to Payments and Emerging Issues Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HdD-bwCXumxMB64lRKVwm2h
Fed Now Not FedNow Basics for Accounts Payable [Instant Payments], but FedNow Explained, but FedNow changes everything, but what is FedNow, but FedNow Service illustration, but How the FedNow (SM) Service will work, but FedNow Service Launching In July - GOODBYE FREEDOM
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
Are your accounts payable internal controls protecting you from unseen dangers, or are they leaving you exposed to financial disasters? Discover the hidden vulnerabilities in accounts payable internal controls that could expose your organization to risks and potential losses. From errors and duplicate payments to fraud, these often-ignored areas create a breeding ground for financial disaster. Join Mary Schaeffer, founder of AP Now, as she sheds light on three common control mistakes and unveils a shocking revelation that undermines the foundation of separation of duties. Don't miss out on crucial insights that could reshape your understanding of accounts payable controls. Watch now and protect your financial health. #accountspayable #internalcontrols #apinternalcontrol
Many organizations believe their accounts payable internal controls are strong not realizing that there are a number of overlooked areas where controls are weak. Of course, this opens the door to mistakes, duplicate payments and fraud. We look at three such areas that are frequently ignored. Make sure you stick around until the end when we examine one mistake – and that’s exactly what these are – that goes on in numerous organizations exposing them to a complete lack of separation of duties and hence a potentially devasting fraud.
The Weakest Link: Where AP Separation of Duties Fall Apart https://youtu.be/xR8gx4KrIbU
How Employees Steal https://youtu.be/yL_D7QlOLEI
Vendor Credits: Why They May be Disappearing and How to Stop IT https://youtu.be/Kog6wm8lr_k
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Discover Shocking P-Card Fraud Cases: Learn How Executives, Employees, and Managers Exploit Company Credit Cards. Join Lynn Larson, Commercial Card Industry Expert, as she unveils real-life fraud examples and reveals prevention strategies. Don't miss out on the eye-opening story shared by Lynn at the end - it's likely happened in your organization too. Watch now for insights into the 11 types of commercial cards in use. #p-cards #accountspayable #payments
Of course, she’ll also educate us on how the fraud could have been prevented or detected sooner. If you think that your employees would never play games with their company credit cards, the numbers tell a very different story. Make sure to stick around until the end when Lynn shares one example that has occurred at almost every organization, including most likely, yours.
Link to P-cards: A Guide to the Many Different Types for Accounting https://youtu.be/U0w6h5eu_o8
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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer:
https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
The hard working accounts payable teams at many organizations are really doing a lot more complex work than their bosses realize. They need to not only know best practices, they have to stay up-to-date on a wide array of regulatory issues, change processes to protect against an ever-growing number of frauds, and diplomatically deal with a number of different employees and suppliers who don’t abide by company policies. #accountspayable #accountspayableprocess #accountspayablebestpractices
I really wanted to call this broadcast, Understanding Why Accounts Payable Is Much Harder and More Complex than Most Finance and Accounting Executives Realize. But clearly, that was far too long even though it sums the many over-looked intricacies that go into running a best practice accounts payable operation. Stick around until the end when I share the one practice that goes on in many organizations – that in and of itself is not bad – as long as management teams realize what they are doing and don’t paint AP as the guilty party. Sadly, the blame game goes on unfairly in far too many organizations. Another title for this session might have been what every controller needs to understand about accounts payable or perhaps what every CFO needs to know about accounts payable.
5 Ways AP Has More Work Despite automation Link: https://youtu.be/6Rs2eYHcKLg
Working in AP Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HeNwCTRm4jZIlGKzi8VOwi_
Learn more about AP Now’s 1099 e-Workshop https://www.ap-now.com/products/1099-eWorkshop.cfm
Learn more about AP Now’s 1099 webinars (and all one-hour webinars) https://www.ap-now.com/products/Upcoming-Accounts-Payable-Webinar.cfm
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
It goes without saying that interviews are stressful, even for the most experienced professional. That’s why, we’ve collected a handful of questions likely to be asked on an interview for an accounts payable position and crafted answers. These are related to the accounting/basic process part of the interview. If you have answers to likely questions planned ahead of time, some of the anxiety associated with these encounters can be eliminated. This ultimate guide to accounts payable interview questions and answers will help prepare you to nail that interview for your dream job. #accountspayable #Accountspayableinterviewquestions #accountspayablejobinterview
Whether you are looking for the most common accounting interview questions or the most common accounts payable interview questions, you want to get a Yes when you ask Hire Me? So be prepared to answer these entry level accounting interview questions. You might also be asked supervisor interview questions so be prepared with answers. Likewise, you might be asked entry-level accounting interview questions
This is part of a series of broadcasts on answering interview questions. BTW, for each we’ve got additional short videos for you to listen to, if you want to be thoroughly prepared on topics you may not be that comfortable with. We’ll put them in a playlist called Preparing for Your AP Job Interview, in case you want to watch them all. Make sure you stick around until the end when we address the one question, that seems to throw many – even though it really shouldn’t.
Preparing for Your AP Job Interview Playlist Link: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcTqTnJnnUXwLCqs8XNIO6f
What is Accounts Payable? Link: https://www.youtube.com/shorts/6LOlWllAMG4
What is the difference between AP and AR Link: https://youtu.be/6bZQTjtAerg
Chart of Account Best Practices Link: https://youtu.be/iVQxpHceFIc
How AP Works: Invoice Processing https://youtu.be/a95u7vgANbg
Master Vendor File: Why It Matters https://youtu.be/hdhLDLvGn9Y
Responding to What Is Your Greatest Weakness Interview Question https://youtu.be/VJuzFUE3bzk
Every organization has a handful of tools it can use to make payments. We’ll take a look at four of the more popular options, explaining the advantages and disadvantages associated with it. Most importantly, we’ll suggest alternatives that might be more efficient or more cost effective. Make sure to stick around until the end when we share ways to use the payment alternative that is not only growing in popularity, is most commonly used in other parts of the world. It’s something every payment professional needs to get comfortable with fast. #accountspayable #accountspayableprocess #payments
Link P-cards: A Guide to the Many Different Types https://youtu.be/U0w6h5eu_o8
Link to ACH Payments Explained https://youtu.be/E_mX5GaOR2o
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
I am a big fan of having no cash in the expense world, in fact, it’s part of the reason why you should buy everything with credit cards. Not, of course, stuff that should be invoiced, but stuff you might be tempted to pay cash for. Now, I know a lot of folks agree with me on this, but sometimes for a different reason, they are hoping to build the rebate. Recharged Education’s Lynn Larson, who is joining me today, is probably cringing as I am talking about building P-card rebates. Given the controversy around rebates, I thought we might hear from someone who knows a lot about cards. So, I’m going to throw out some statements about them and Lynn has agreed to tell us if they are true or false and why. Make sure you stick around until the end when Lynn enlightens us on one pcard practice you might not have considered. #pcard #corporatecard #pcardrebates
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Surcharges on Credit Cards 2023 https://youtu.be/yU8VFZyi338
Link to AP Now’s Invoice Series https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Guest: Lynn Larson (recharged-education.com)
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
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AP Now: https://www.linkedin.com/company/ap-now/
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Facebook: https://www.facebook.com/AccPayNow
What’s an ACH? We’ll delve into the world of ACH, providing an explanation of the four different types of ACH transactions. We’ll include many real-life examples so you can not only understand how ACH works but also see how you can use ACH in your own business operations as well as your personal life. IAre you tired of tedious manual processes and endless paperwork associated with paying with paper checks? Then this is the session for you. Make sure you stick around until the end when we share some surprising ways you can using ACH to make your life (both personal and professional) simpler, while spending less time paying bills. #accountspayable #payments #ACH
Link to How to Minimize Rush Payments https://youtu.be/DI-fGZ6vFno
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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
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Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable Facebook: https://www.facebook.com/AccPayNow
Early payment discounts are the holy grail of the finance, accounting and accounts payable world. In this episode we’ll explain exactly how to calculate them. They are so important that one accounts payable manager explained that “the only mortal sin in her boss’s eyes is missing an early payment discount. Stick around until the end when we explain why. #accountspayable #payments #invoices #discounts
Link to 5 Ways to Earn More Early Payment Discounts https://youtu.be/8dxvSdlOZ6g
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Best practices around your payment and accounts payable function
-
Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement +And much more!!
Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Other
++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable Facebook: https://www.facebook.com/AccPayNow
As a savvy accounting and finance professional, you know that the "three-way match" is the Holy Grail of accuracy when it comes to processing invoices for payment. But there are so many little places that errors can slip in – errors that lead to an organization paying more than it should or even worse, paying for something it shouldn’t. These extra or erroneous payments come right off the bottom line, making your organization less profitable, and hence less competitive than it should be. Make sure you stick around until the end when we discuss the common error that many overlook. #accountspayable #accounting #threewaymatch
Discover the key to achieving utmost precision in invoice payment processing— and more importantly, the "three-way match." As you're well aware, meticulousness is paramount in this realm. Even the tiniest slip-ups can result in excessive payments or, worse yet, funding unwarranted expenses. Such blunders directly impact your organization's bottom line, hampering profitability and undermining its competitive edge. Stay tuned until the end, as we unveil a commonly overlooked error that deserves your attention.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Stop Duplicate Pays w/o Spending a Red Cent https://youtu.be/dqN1P84faE4
Link to AP Now’s Invoice Series https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Looking for more of the most current business intelligence about
-
Best practices around your payment and accounts payable function + Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement
+And much more!!
Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby Other ++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
LinkedIn AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable
Facebook: https://www.facebook.com/AccPayNow
In a small but growing number, to the horror of many card advocates, some suppliers are charging a surcharge if their customers want to use a card to pay. This is sometimes referred to as Merchant Surcharge fee or checkout fee. This is happening both in the consumer space and in the B2B world as well. Industry expert Lynn Larson is here today to help sort out fact from fiction in the surcharge space, as well as what you can do and CANNOT do in this regard. Make sure you stick around until the end when Lynn addresses what to do if you think a supplier is charging a surcharge and they shouldn’t be. #surcharges #creditcardsurcharges #pcardsurcharges
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to P-cards: An Accountants Guide to The Many Different Types
Link to AP Now’s Invoice Series https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com) Guest: Lynn Larson (recharged-education.com)
Think you know what an e-invoice is? You may be surprised. What is an electronic invoice or what is an e-invoice is a hotly debated topic. Even the experts sometimes disagree on the simple issue of what is an e-invoice. This issue is a serious one for global organizations and anyone impacted by ViDA proposals. This is an issue every finance and accounting (especially AP and AR) must be up to date on. This short excerpt comes from a longer discussion between AP Association’s Jamie Radford, Pagero’s Matt Hammond and AP Now’s Mary Schaeffer. #invoice #electronicinvoice #accountspayable
Link to the entire discussion on E-invoice and the new government legislations surrounding the issue https://www.youtube.com/watch?v=eThPJCFjw4g&t=1070s
Looking for more of the most current business intelligence about + Best practices around your payment and accounts payable function
-
Current and new fraud protection protocols
-
The newest technology impacting your accounting, accounts payable, and payment functions
-
Career advancement +And much more!!
Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1
+++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby Other ++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/
Twitter: https://twitter.com/Accountspayable
More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable Facebook: https://www.facebook.com/AccPayNow
Wonder what career steps led two successful career executives to start and association and a content creation and education business focused on issues related to accounts payable? Do you think their experiences were very different than your own? Do you think that they never did anything stupid or made mistakes? Think again. As part of AP Appreciation Week, Jamie and Mary sat down for an interview with Stewart Giffith where they shared the lessons they’ve learned on their career journey. You may be surprised to find out that it’s not very different than your own. Make sure you stick around until the end when they share what they would tell their younger selves, if they had the chance. I’m guessing it’s not what you’d expect. #accountspayable #career #accounting
Link to: US UK S-Ox [Tips on Starting a New Project] https://youtu.be/2ROdsnxFcDY
Link to Payment Discussion Highlights: Common Myths Eviscerated https://youtu.be/iq5FrFnK9RU
Looking for more of the most current business intelligence about + Best practices around your payment and accounts payable function + Current and new fraud protection protocols + The newest technology impacting your accounting, accounts payable, and payment functions + Career advancement +And much more!!
Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1 +++++++++++++++++++++++
See most recent videos at: https://www.youtube.com/@APNow/videos
See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB
Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Host Mary Schaeffer (www.ap-now.com) Guest Jamie Radford (https://www.linkedin.com/in/jamieradford/) Guest Stewart Griffiths (https://www.linkedin.com/in/stewartgriffiths1/)
Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby Other ++++++++++++++++++++++++++++++++++
Website: https://www.ap-now.com/
Linkedin AP Now: https://www.linkedin.com/company/ap-now/ Twitter: https://twitter.com/Accountspayable More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable Facebook: https://www.facebook.com/AccPayNow
This session focuses on the what is your greatest weakness interview question. It is one of the most frequently asked accounting interview questions. This is part of a sporadic series on interview questions and responses for those who work in, manage or have responsibility for an accounts payable, accounting, finance, payment or treasury function.
Link to Advance Your Career in Accounting and Accounts Payable with These Essential Skills
https://youtu.be/AI5T4GXcPh0
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Ghost card, virtual card, declining balance card, p-card and more. It’s enough to make your head spin. Today, we're diving deep into the world of the many different types of corporate credit cards – at last count we had 10. To help reduce the confusion that some of our accounting, finance, treasury and accounts payable audience might have, Recharged Education’s Lynn Larson is joining us to illuminate the topic.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Expense Reporting: The Dark Side of Personal Cards
https://youtu.be/0Y3TTmu0-qw
Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Guest: Lynn Larson (recharged-education.com)
Whether you are starting a new technology project, getting ready for UK S-Ox or simply trying to update your internal controls, the tips from these industry veterans will help you get your project off on the right foot. Make sure you stick around until the end where we’ve got a resource that will help you figure out if your internal controls are as good as you think they are. #SOX #accountspayable #internalcontrols
Whether starting a new project that focuses on an accounts payable issue, such as Internal Controls: Us UK S-Ox [ARGA], or SOX compliance or SOX audit compliance or even Audit, Reporting and Governance Authority (ARGA) these tips will help. This session is part of a longer session on Internal Controls and S-Ox (both in the US and UK). The link is shown below.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Pop Quiz Invoice Internal Controls
https://youtu.be/xUpDs4erAls
Link to whole talk on Internal Controls and S-Ox (both in the US and UK)
AP Week - US to UK Sox - YouTube
Discussion Participants
Jamie Radford (https://ap-association.com/)
Rachael Long (https://www.linkedin.com/in/rachael-long-apam-minstlm-99800942/)
Gemma Durham (https://www.linkedin.com/in/gemma-durham-94285155/)
Mary Schaeffer (www.ap-now.com )
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
After being pretty staid for many years, the payment process is undergoing some serious changes. The evolution is absolutely amazing. This excerpt from a longer talk (link below), on the major trends sharing the future of payments, focuses on payment evolution and the way companies everywhere are using cards as part of their payment arsenal. During this fast-paced then minute session several common card and payment myths are smashed. Stick around until the end when we share insight on how accounts payable, or for that matter any accounting group, can get involved. #payments #accountspayable #accounting
Recognizing that factor, Jamie Radford, CEO of the Accounts Payable Association, a global organization headquartered in the UK, made sure to include payments as an issue discussed by industry experts as part of AP Appreciation Week. He invited Recharged Education’s Lynn Larson and AP Now’s Mary Scheffer to discuss several related probing payment issues. In this entertaining, yet informative discussion, the challenges and opportunities in the current payment architecture and what lessons can be drawn from Big Tech payment innovations are evaluated with a special focus on cards.
Future Forward Payments might have been another title for this talk.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Playlist on Payments and Emerging Payment Issues
https://youtube.com/playlist?list=PLtL6rWSXZ-HdD-bwCXumxMB64lRKVwm2h
Link to watch entire discussion on Accelerating Payments
https://www.youtube.com/watch?v=0cs89y0twTs
Discussion Participants
Jamie Radford (https://ap-association.com/)
Lynn Larson (www.recharged-education.com)
Mary Schaeffer (www.ap-now.com )
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Why am I doing a talk on check washing fraud? If you ever heard a talk by Frank Abagnale on Credit Cards you may have heard him talk about this. This may seem like a relic from the past, a scam that thrived in the bygone eras of the '70s, '80s, and '90s, when check fraud was a booming industry. Yet, there's a twist to this tale. 'Check washing' scams are on the rise, prompting warnings from law enforcement nationwide. Against all hope and expectations, this all but forgotten scam has made a comeback, with a vengeance that no cannot be ignored. #fraud #checkwashing #accountspayable
Changes to the Uniform Commercial Code in the mid-90s resulted in companies taking actions that put a real dent in the big business of check fraud. Unfortunately, it’s back with a vengeance! Make sure you stick around until the end when I share the one tactic YOU can use to help protect yourself against this horrific crime. A trending bank fraud, called check washing, starts when a scammer steals your check - out of the mail - then uses chemicals to "wash" off the ink, fills in their own name and cashes it -- cleaning out your bank account. And worse.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Real-Life Fraud: How Hollywood Depicts Accounting Scandals in the Movies
https://youtu.be/dec6bkMhmrE
Link to Check Fraud: Positive Pay [Stop Losses] https://youtu.be/W31n_hPEiSw
Link to Check Signing: Worst Practices
https://youtu.be/YYB-ZvQZ1Fo
Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now:
https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Have you ever had that sinking feeling in your stomach when you realize (or worse, someone points out in a meeting) that you made a costly mistake in your accounts payable processes that could have been easily avoided? Well, you've got lots of company. In this talk, we'll review the top nightmares, those 13 big easily avoidable AP mistakes, that could be keeping you up at night. What’s more we’ll show you how to avoid them once and for all. In fact, this might be the start of your AP mistake prevention checklist. #accountspayable #accountingaccountspayable #a
Make sure you stick around until the end when we discuss the one really, really simple tactic that everyone should be incorporating into their processes if they are tired of dealing with lost invoices, duplicate payments, late payments and fees and horror or horrors, lost early payment discounts. Whether your team is looking to have accruals explained, or to design an audit process, these tactics will help. They are a regular part of a day in the life of an accountant, a controller and any accounting or accounts payable professional.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to How to NOT Make Mistakes in Accounts Payable [Avoid Duplicate Payments]
https://youtu.be/sTftdsXsVbM
Link to 5 Ways AP Has More Work Despite Automation
https://youtu.be/6Rs2eYHcKLg
Link to What You Need to Know to Work in Accounts Payable: Was Knew it Was So Complicated
https://www.youtube.com/watch?v=UGFaUkiNPP0&t=144s
Link to the Avoiding Duplicate Payment playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-Hfm-G5d8-CpBsC3xi-nQTn2
Link to Vendor Credits: Why They May Be Disappearing and How to Stop It
https://youtu.be/Kog6wm8lr_k
Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com
There’s a reason we call duplicate payments the silent killer. They eat away at the profitability of your organization, making it difficult to figure out why the company isn’t making as much money as everyone thinks it should. You might think that your company has effective systems in place to prevent duplicate payments, but in reality, it’s much easier than you think for these costly errors to slip through the cracks. #accountspayable #payments #accountspayableprocess
Don’t play the blame game. You can reduce your duplicate payment errors by 97%. This has become an even bigger issue in the last few years as the number of invoice copies has skyrocketed. If you want to protect your company's bottom line and improve your financial processes, it's crucial to understand how duplicate payments occur and how you can stop them. The problem starts when your invoices first enter the company. Make sure to stick around until the end when we share that last step, that many miss, often because they don’t realize how important it is. If you want to learn accounting, this is a necessary component.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Avoiding Duplicate Payments: How to Reduce Duplicate Payments and Errors
https://www.youtube.com/watch?v=jzUXOnaSIv0&t=396s
Link to What You Need to Know to Work in Accounts Payable: Was Knew it Was So Complicated
https://www.youtube.com/watch?v=UGFaUkiNPP0&t=144s
Link to the Avoiding Duplicate Payment playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-Hfm-G5d8-CpBsC3xi-nQTn2
Link to Vendor Credits: Why They May Be Disappearing and How to Stop It
https://youtu.be/Kog6wm8lr_k
Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com
You won’t believe how easy these shortcuts are and yet many don’t use them. You know that time is money. And when it comes to managing the accounts payable process, wasted time adds up fast. Luckily, there are simple yet effective hacks that can drastically improve your team's productivity and efficiency. In this video, we'll explore three game-changing hacks that will transform the way you manage your accounts payable process. Make sure to stick around until the end when we share a really simple tactic that can take a lot of the stress out of simple emails.
Whether you use NetSuite, Oracle, SAP, Quickbooks or some other accounting software, accounts payable productivity is important. So, stop searching for What is accounts payable automation and start looking at your basic accounts payable process to identify areas where productivity improvements can be made. They will compliment all your automation efforts. Some part of a day in the life of an accountant or a day in the life of a controller or a day in the life of a CFO should be spent looking for productivity shortcuts.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Invoices Without Purchase Orders Can Be Eliminated (What No One Told You)
https://youtu.be/zpNocghaDhQ
Link to Automation Headaches – and how to avoid them
https://youtu.be/IlSK-BG5Xfw
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Are you concerned about the future of the accounts payable function – whether you work in, manage or have responsibility for it? Do you want to future proof your job? Then this talk is for you. If you saw the movie, Numbers, you might remember those women, the women who did all the calculations behind the first mission to the moon. They did them by hand and people got in rocket ships and were blasted to the moon based on those calculations. So, they had to be correct. Well, the job of a human computer exists no more. Will the same thing happen to accounts payable? Yes and No. Let me explain. Make sure you stick around until the end when I share the one career move that will spell disaster, if you take it in this environment. #accountspayable #accounting #career
Perhaps this will make you wonder what the accounts jobs, gone by 2040? It’s a good question along with Is your job future proof? It’s something to think about when preparing interview questions and answers. Whether you are questioning how accounts payable is explained or accounting explained, the issue of the obsolescence of the accounts payable function or the accounting function is something to take into consideration.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to 5 Ways AP Has More Work Despite Automation
https://youtu.be/6Rs2eYHcKLg
Link to What You Need to Know to Work in Accounts Payable: Was Knew it Was So Complicated
https://www.youtube.com/watch?v=UGFaUkiNPP0&t=144s
Link to the Avoiding Duplicate Payment playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-Hfm-G5d8-CpBsC3xi-nQTn2
Link to Vendor Credits: Why They May Be Disappearing and How to Stop It
https://youtu.be/Kog6wm8lr_k
Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com
You are not going to believe how far a bunch of criminals went recently to make an email look legit. I was blown away when I saw it, but upon reflection, it makes a lot of sense – from their standpoint, anyway. Wait until you hear how they started the fraud. It really got me thinking, about the challenges accounting and finance professionals encounter with regards to keeping both their company’s bank accounts and their own personal accounts safe. Make sure you stick around until the end when we share one tactic that you absolutely should not do. And before you say, there’s no way I would ever do that, keep in mind I’m mentioning it because I heard Mr. Beast – one of the most successful young YouTube entrepreneurs mention laughingly that he had done this exact thing … and of course, he’s changed this practice.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to FRAUD Alert 13 Warning Signs
https://youtu.be/zPiYdAYaEhA
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Link to Can You Spot the Phony Email Address
https://youtu.be/8IkeqkkQ2Do
Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Changing Invoice Best Practice Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
Why is no one talking about the increase in the workload of almost every accounts payable department. We keep hearing about smaller accounts payable departments due to the “supposed” decrease in work thanks to automation. But that does not address the very real issue of the increased workload every best practice organization has – often thanks to automation as I’ll explain. For if organizations don’t address these issues, they’ll end up with frauds so massive they could sink the entire company. Make sure to stick around until the end when I address the not only the obvious headache, but the offshoot of it, which few fully appreciate. #accountspayable #accountspayableautomation #accountspayablebestpractices
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Change of Bank Accounts Requests: The Best Practice
https://youtu.be/5gy4WHO9dAo
Link to Can You Find the Phony eMail address:
https://youtu.be/8IkeqkkQ2Do
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Link to Can You Spot the Phony Email Address
https://youtu.be/8IkeqkkQ2Do
Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Changing Invoice Best Practice Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices #bestpracticesforaccountspayablemanagement
You won’t believe how easy this approach is. Paper checks are a royal pain; not only do the manual processes surrounding them take up a lot of your staff’s valuable time, they are expensive. But still, some of your suppliers still refuse to take any other type of payment. What can you do? We’ve got a simple strategy that costs nothing, and in fact, will make your accounts payable function more efficient, and will finally convince many of those check-loving suppliers to finally get over their love affair with checks for their payments. Make sure you stick around until the end when we share one surprisingly simple way you can expand this strategy so that it will add to your bottom line.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to 5 Ways to Earn More Early Payment Discounts: Improve the Bottom Line
https://youtu.be/8dxvSdlOZ6g
Link to the Avoiding Duplicate Payment playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-Hfm-G5d8-CpBsC3xi-nQTn2
Link to Vendor Credits: Why They May Be Disappearing and How to Stop It
https://youtu.be/Kog6wm8lr_k
Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com
Do you think you know all the states with no sales tax? I’ll bet you’ve got it wrong. I’m not saying that to be nasty, but many of these so called “no sales tax” states have found clever ways to collect what amounts to sales tax revenue and they can sneak up on you without warning. In this piece, we’ll take a look at the 5 states that advertise as having so sales tax and show you how they still manage to get their mangy hands on your (and your company’s) hard earned money. Make sure you stick around until the when we break the myth about one way folks think they can save on sales tax that absolutely does NOT work. (sorry)
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to 8 Accounting Misconceptions about Accounts Payable https://youtu.be/1Cp_vfrkSSw
Link to Accounting Misconceptions about Accounts Payable
https://youtu.be/1Cp_vfrkSSw
Link to Invoices without PO Numbers: They Can Be Eliminated
https://youtu.be/zpNocghaDhQ
Link to Eliminating Duplicate Invoices Best Practices
https://youtu.be/P6n-3gDqAs0
Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices
The Chart of Accounts may not sound like the most exciting topic, but if you're serious about taking your business to the next level, it's a topic you can't afford to ignore. Understanding the Chart of Accounts is a critical step in making sense of your financial statements and gaining control over your finances. In this talk, we'll start with a definition of what the Chart of Accounts is, how it works, and why it's essential for managing your business's finances. We'll also cover common abbreviations and clear up any misconceptions you might have about this important accounting tool. Finally, we'll provide some best practices for setting up and using a Chart of Accounts effectively, so you can take control of your finances and make informed decisions for your business. Stick around until the end when we discuss one common misconception about chart of accounts. #chartofaccounts #accounting #accountspayable
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Accounting Misconceptions about Accounts Payable
https://youtu.be/1Cp_vfrkSSw
Link to Invoices without PO Numbers: They Can Be Eliminated
https://youtu.be/zpNocghaDhQ
Link to Eliminating Duplicate Invoices Best Practices
https://youtu.be/P6n-3gDqAs0
Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices
What if I told you that there's a secret to revolutionizing your invoice processing and dramatically improving your efficiency? – and no this is not a pitch for invoice automation. What I’m about to share simple strategies any organization can implement without spending a small fortune. In fact, most of the recommendations don’t involve any expense. Make sure to stick around until the end when we share one cost-free strategy that is a real game changer. #invoice #invoice processing #accountspayable
Are you tired of the time-consuming and error-prone task of invoice processing? As a concerned professional, you know how critical it is to get this right, but it doesn't have to be a source of frustration. In this video, we share essential tips and tricks for invoice processing that will help you streamline your workflow, save time, and increase accuracy.. Whether you're a seasoned accounting professional or just starting out, these tips will help you stay ahead of the curve and make invoice processing a breeze. Watch now and transform the way you handle your invoice processing!
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Invoices without PO Numbers: They Can Be Eliminated
https://youtu.be/zpNocghaDhQ
Link to Eliminating Duplicate Invoices Best Practices
https://youtu.be/P6n-3gDqAs0
Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Insights on Zelle and Fraud Protection from Lynn Larson
https://youtube.com/playlist?list=PLtL6rWSXZ-HfUUlK4BpKlaQSFWAXb8nMQ
Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices
Did you know that one simple, silly mistake on a purchase order can cost your organization hundreds of thousands of dollars – if NOT more? Not something that will make most bosses happy. To make sure that doesn’t happen to you, we’ve created this video which explains what purchase orders are and the different kinds of purchase orders. Additionally, we define the four different types of purchase orders. Do you know what they are? Make sure you stick around until the end when we share the one mistake that many make with Purchase Orders when they get to AP – and it’s really easy to avoid, if you know what you’re doing. #accountspayable #purchaseorder #accounting
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Eliminating Duplicate Invoices Best Practices
https://youtu.be/P6n-3gDqAs0
Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Insights on Zelle and Fraud Protection from Lynn Larson
https://youtube.com/playlist?list=PLtL6rWSXZ-HfUUlK4BpKlaQSFWAXb8nMQ
Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices
In today's business world, managing accounts payable (AP) efficiently is crucial for success – both financially and operationally. But with a multitude of invoices, vendors, and payment methods and more, it can be challenging to keep track of everything.
That's where our video comes in! We'll provide you with expert advice and best practices for mastering the art of accounts payable.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to What You Need to Know to Work in Accounts Payable: Who Knew It Was So Complicated
https://youtu.be/UGFaUkiNPP0
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Link to How Invoice Processing Works in Accounts Payable (4 minutes)
https://youtu.be/a95u7vgANbg
Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices #bestpracticesforaccountspayablemanagement
Link to What You Need to Know to Work in Accounts Payable: Who Knew It Was So Complicated
https://youtu.be/UGFaUkiNPP0
Are you aware of the newest ways crooks have found to exploit folks using Zelle? It boggles the mind. The innovative way criminals continue to exploit all sorts of payment mechanisms continues to astound me. Once again, I’m joined by Lynn Larson of Recharged Education, our go-to source for the latest Zelle scams. She’s here with an update. Make sure you stick around until the end, when she shares tips on how you can protect yourself against this latest atrocity. So, without further ado, let’s dive right in.
As Zelle accounts become more popular, crooks looking to get their hands on your money are getting more innovative and creative. In this episode we discuss yet another innovation criminals are using to defraud ordinary citizens of their hard-earned money. They are doing this using Zelle.
Zelle payments or payments made using the Zelle app are sometimes referred to as Instant Payments or Real Time payments. Although many sign up for Zelle through their bank, the bank does not have ultimate responsibility for these accounts. This has led to a lot of heartache and complaints when there was a fraud or scam perpetrated using a Zelle account.
Don’t let the Zelle dream turn into a Zelle nightmare, because you fell for one of the many Zelle scams. In this episode we review a number of ways crooks are scamming ordinary citizens who just happen to be Zelle users. This handy payment app makes it easy to transfer money from person to person simply by using an app on your phone. But without the proper care and controls, the app can become a nightmare. We take a look at some safety precautions every Zelle user should take to ensure they don’t get Zelle scammed. Stick around until the end when we share an often-overlooked Zelle safety precaution.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used.
Listen to Lynn Larson’s longer explanation of Zelle Frauds
https://youtu.be/L02mUitjsKc
Listen to all our Zelle talks
https://youtube.com/playlist?list=PLtL6rWSXZ-HfUUlK4BpKlaQSFWAXb8nMQ
Listen to all our Fraud Protection talks
https://youtube.com/playlist?list=PLtL6rWSXZ-HdDoB6BEeJK01jA0KOxq23F
Guest: Lynn Larson (recharged-education.com)
Host: Mary Schaeffer (www.ap-now.com)
Founder of the now bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried now faces an additional criminal charge on an issue that should be of great interest to accounts payable, payment and accounting professionals everywhere. He has been accused of violating the Foreign Corrupt Practices Act, or the FCPA. In this episode we answer a few questions about the Act and how it applies to EVERY single organization. FCPA compliance is mandatory. Make sure and stick around until the end when we share a few places where AP might find potential violations that might elude others in the company. #FCPA #ForeignCorruptPracticesAct #accountspayable
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Questionable Employee Expense Reporting Habits that Could Cost Your Company Dearly
https://youtu.be/zfimnwx64IE
Link to the Avoiding Duplicate Payment playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-Hfm-G5d8-CpBsC3xi-nQTn2
Link to Vendor Credits: Why They May Be Disappearing and How to Stop It
https://youtu.be/Kog6wm8lr_k
Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
Do you know just how much best practice information is available for free? Of course, as you sift through it you need to be able separate the wheat from the chaff, because some of it is definitely biased. I wanted to end AP Best Practice month by sharing with you some of the places you too can find free information that you need to stay current and relevant. Make sure to stick around until the end when I share the one resource most never consider.
This is part of a series on accounts payable best practices. It includes short tips, short accounts payable best practice tips, to help viewers improve their accounts payable or procure-to-pay process, as well as longer broadcasts focusing on niche accounts payable topics. One short AP best practice tip will be released every day, except for Tuesday and Thursday when our longer broadcasts are released.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Insights on Zelle and Fraud Protection from Lynn Larson
https://youtube.com/playlist?list=PLtL6rWSXZ-HfUUlK4BpKlaQSFWAXb8nMQ
Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices
This is part of a series on accounts payable best practices. It includes short tips, short accounts payable best practice tips, to help viewers improve their accounts payable or procure-to-pay process, as well as longer broadcasts focusing on niche accounts payable topics. One short AP best practice tip will be released every day, except for Tuesday and Thursday when our longer broadcasts are released.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Link to How Invoice Processing Works in Accounts Payable (4 minutes)
https://youtu.be/a95u7vgANbg
Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices #bestpracticesforaccountspayablemanagement
When was the last time you audited your accounts payable process to ensure you were using best practices for accounts payable AND had incorporated the processes as they are actually being done? In this broadcast we discuss why it is so important you do this and then give you 10 questions that will help you structure your process review. Make sure you stick around until the end when we provide some insights on where to start an accounts payable process audit.
This is part of a series on accounts payable best practices. It includes short tips, short accounts payable best practice tips, to help viewers improve their accounts payable or procure-to-pay process, as well as longer broadcasts focusing on niche accounts payable topics. One short AP best practice tip will be released every day, except for Tuesday and Thursday when our longer broadcasts are released.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Link to How Invoice Processing Works in Accounts Payable (4 minutes)
https://youtu.be/a95u7vgANbg
Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices #bestpracticesforaccountspayablemanagement
What do you think are the top three crucial metrics you need to know to maximize AP performance? Best Practices for Accounts Payable Management includes 3 Must-Know Metrics that are key for maximizing accounts payable performance. While there are literally hundreds of metrics you can measure around the accounts payable process, we’ve got three basic ones to get you started. Although, to be honest, each of the primary metrics has several additional KPIs that you might also want to calculate in order to run a best practice accounts payable operation. Stick around until the end when we show how the last set of metrics can be used to improve productivity and drive best practice performance from your accounts payable and payments operations. It’s really pretty simple.
This is part of a series on accounts payable best practices. It includes short tips, short accounts payable best practice tips, to help viewers improve their accounts payable or procure-to-pay process, as well as longer broadcasts focusing on niche accounts payable topics. One short AP best practice tip will be released every day, except for Tuesday and Thursday when our longer broadcasts are released.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Link to the One AP Metric You Should NEVER Use
https://youtu.be/0CPLv5zv4Q8
Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices #bestpracticesforaccountspayablemanagement
As news of the failure of Silicon Valley Bank ratcheted across news outlets, its impact being widely discussed by finance thought leaders everywhere. If you think, because you don’t work for a tech startup, this has nothing to do with you or your organization, think again. This should be a wakeup call for every accounting, finance, treasury and accounts payable professional everywhere. It could happen to you. Let’s take a look at the implications for every organization out there. We’ve got some really simple tips, changes every organization can make to protect themselves, and they don’t take a lot of effort or money. Make sure you stick around until the end when we discuss one really obvious tip – but one almost every one ignores. Don’t be that person. #svb #accountspayable #accounting
This is part of a series on accounts payable best practices. It includes short tips, short accounts payable best practice tips, to help viewers improve their accounts payable or procure-to-pay process, as well as longer broadcasts focusing on niche accounts payable topics. One short AP best practice tip will be released every day, except for Tuesday and Thursday when our longer broadcasts are released.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Link to No More Stupid Mistakes
https://youtu.be/sTftdsXsVbM
Link to Accounts Payable Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Changing Invoice Best Practice Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices #siliconvalleybank
Can you recognize every fraud attempt that may be targeting you? Some are really good. This fraud alert contains 13 signs anyone (including you) can use to recognize if someone is trying to scam or defraud them. While these tactics are focused on those responsible for accounts payable, accounting and finance, most are also applicable to individuals in their personal lives and transactions. If you want to stay safe and learn how to recognize AND fight off the scammers, stick around until the end when we also share 5 really simple tactics to protect your company’s money, as well as your own. Whether you are interested in best practices for accounts payable management or treasury or you simply want to protect your own money (or maybe both), we’ve got you covered. #fraud #accountspayable #scam
This is part of a series on accounts payable best practices. It includes short tips, short accounts payable best practice tips, to help viewers improve their accounts payable or procure-to-pay process, as well as longer broadcasts focusing on niche accounts payable topics. One short AP best practice tip will be released every day, except for Tuesday and Thursday when our longer broadcasts are released.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Link to Can You Spot the Phony Email Address https://youtu.be/8IkeqkkQ2Do
Link to Accounts Payable Best Practice Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Changing Invoice Best Practice Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)#accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices #bestpracticesforaccountspayablemanagement
P-card control audits or what some refer to as a p-card process audit, p-card performance audit or p-card compliance audit are something our guest, p-card expert Lynn Larson is well familiar with. We were chatting recently and she mentioned that she, through her company Recharged Education, had just finished a p-card control audit for a larger mid-sized company and some of things she found absolutely astounded her. Make sure you stick around until the end when she shares some of these findings – control weaknesses that you could very well have in your operation and not even realize it.
This is part of a series on accounts payable best practices. It includes short tips, short accounts payable best practice tips, to help viewers improve their accounts payable or procure-to-pay process, as well as longer broadcasts focusing on niche accounts payable topics. One short AP best practice tip will be released every day, except for Tuesday and Thursday when our longer broadcasts are released.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Accounts Payable Best Practice Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Lynn Larson on Consumer Type Purchases on Company Cardshttps://youtu.be/241Qr0ov9y0
Link to Accounts Payable Month Playlist (long and shorts) https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Insights on Zelle and Fraud Protection from Lynn Larsonhttps://youtube.com/playlist?list=PLtL6rWSXZ-HfUUlK4BpKlaQSFWAXb8nMQ
Link to Changing Invoice Best Practice Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
Guest: Lynn Larson (www.recharged-education.com )#accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices
We talk a lot about duplicate payments and not so much about duplicate invoices. This is unfortunate as one of the unsavory outcomes of receiving more than one copy of an invoice is a duplicate payment. Best practices for accounts payable management should now include this issue. Stick around until the end when we talk about one questionable invoice practice more than a few suppliers are using to trick you into making a duplicate payment. Once you know what it is, you’ll be able to protect against it.
This is part of a series on accounts payable best practices. It includes short tips, short accounts payable best practice tips, to help viewers improve their accounts payable or procure-to-pay process, as well as longer broadcasts focusing on niche accounts payable topics. One short AP best practice tip will be released every day, except for Tuesday and Thursday when our longer broadcasts are released.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Accounts Payable Best Practice Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Accounts Payable Month Playlist (long and shorts)
https://youtube.com/playlist?list=PLtL6rWSXZ-HdXQrxOFqXLPw5t0g7YjhVh
Link to Changing Invoice Best Practice Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)#accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices
Curious about what makes a practice the "best" in the world of accounting and finance? What is a best practice, what makes something a best practice and do best practices change over time are frequent questions asked by accounts payable, accounting, finance and treasury professionals all the time. Let’s diving into this topic in a little more depth. Stick around until the end when we discuss why best practices change and what should NOT be the driving force behind adopting a practice – best practice or not! #accountspayable #bestpractices #accountspayablebestpractices
Take a deep dive into the issue of what makes a best practice and what doesn’t in accounts payable, accounting and finance with us and discover why best practices evolve over time. But wait, there's more! Learn why blindly following trends could lead to disaster and how to avoid it. Stick around until the end to unlock the secrets to success!
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Accounts Payable Best Practice Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Changing Invoice Best Practice Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Link to Accounts Payable Internal Controls Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
If you are trying to learn how you can use ChatGPT, we’ve got some ideas for you on how it can help you be more productive. The emphasis here is on help you. Despite what you may have heard or read, don’t think it is going to completely eliminate your job or those tasks that you despise. But it definitely can help you become more productive. Make sure you stick around until the end when I share one startling example, which sounded right at first glance, but was 100% wrong. If you are looking to have a good laugh at my expense, well then, you’ll love this story.
ChatGPT Playlist (series of short videos addressing different facets related to ChatGPT)https://youtube.com/playlist?list=PLtL6rWSXZ-HeTO4e8Cuyv5RppwicFecuT
Link to Accounts Payable Best Practice Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V
Link to Accounts Payable Automation Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
chatgpt #chatgpt101 #whatischatgpt #chatgptuse #chatgpt101
The Weakest Link: Where AP Separation of Duties Fall Apart focuses on those accounts payable internal controls that are frequently broken, areas where, for the most part organizations don’t realize they are ignoring the controls that protect their organization against fraud, duplicate payments and inefficiencies. Often companies allow these practices without even considering how they might facilitate fraud. Separation of duties is sometimes called segregation of duties. Make sure to stick around until the end when we discuss one issue that is allowed at most organizations and can cost them big time. #accountspayable #separationofduties #segregationofduties
This is an informative presentation that highlights the common breaches of accounts payable internal controls. This session emphasizes that many organizations are not aware of their lack of compliance with controls that safeguard against fraudulent activities, duplicate payments, and inefficiencies. In many cases, companies tend to overlook the risks associated with these practices, which can potentially facilitate fraudulent acts. Separation of duties is also known as segregation of duties, and this session will provide insights into how to implement it effectively. To maximize your learning, please stay tuned until the end when we discuss a crucial issue that is often neglected by most organizations and can lead to substantial financial losses.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Internal Controls That Never Workhttps://youtu.be/JCVR4BFKHwM
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices
When Someone Gets Promoted one of the last things anyone thinks about is the Accounts Payable Control Issues. This is unfortunate because not focusing on the control issues leaves the organization at serious risk. In this short talk, we take a look at three places every organization should investigate every time someone gets promoted so the organization is protected. Make sure you stick around until the end when we discuss the one issue NO ONE talks about – and it puts every organization at risk, in a way they never thought about. #accountspayable #accountspayablebestpractices #accountspayableinternalcontrols
Sadly, upon being promoted, one of the last considerations on anyone's mind is the potential accounts payable control issues. This oversight is unfortunate, as neglecting control issues places the organization in a precarious situation. Thus, in this brief discourse, we shall examine three crucial areas that every organization should scrutinize each time an individual receives a promotion. This will ensure that the organization remains safeguarded. It is highly recommended that you remain attentive until the end, where we shall discuss a critical issue that is seldom addressed, yet its implications for every organization's safety are significant, and often overlooked.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Accounts Payable Internal Controls Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_
Link to Internal Controls That Never Workhttps://youtu.be/JCVR4BFKHwM
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
accountspayable #procuretopay #p2p #purchaseledger #Accounting #accountspayableprocess #accountspayablebestpractices
The Consequences of Tardiness, that is, Late Payments in Accounts Payable are not all what you think. Yes, in some cases, there can be a slight financial benefit. But this is far outweighed by the negatives, issues than many don’t consider when they plan to pay their suppliers late. Make sure you stick around until the end when we discuss the one issue very few take into consideration when planning to pay late, one that can cost them big time. #accountspayable #payments #latepayments
The ramifications of late Payments is not be fully understood by many in business today. While there may be a few temporary financial advantages in certain instances, these are considerably outweighed by the many negative issues related to late payments. These considerations are often neglected when companies contemplate paying suppliers after the payment due date.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to the Avoiding Duplicate Payment playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-Hfm-G5d8-CpBsC3xi-nQTn2
Link to Vendor Credits: Why They May Be Disappearing and How to Stop Ithttps://youtu.be/Kog6wm8lr_k
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
Let’s take a look at the world of accounts payable and explore the various roles and opportunities that you might not have expected. We'll take a closer look at the many different titles used accounts payable, as well as the career options for those who work in this field. There are more than you might imagine. Whether you're an entry-level AP specialist or an experienced professional, this talk will provide valuable insights into the work in accounts payable. Make sure you stick around until the end when we identify three career options for those who have accounts payable experience but want to expand their roles beyond accounts payable. #accountspayable #accounting #accountspayablejobs
We investigate the realm of Accounts Payable and the various positions and opportunities that may be unexpected. We shall examine the multitude of job titles utilized within Accounts Payable and the diverse career paths available for individuals working in this domain. It may be surprising to learn that there are numerous options. This presentation is intended to impart valuable insights into the nature of work in Accounts Payable and will be of significance to individuals, whether they are a novice Accounts Payable Specialist or a seasoned professional.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to What You Need to Know to Work in APhttps://youtu.be/UGFaUkiNPP0
Link to A Day in the Life of APhttps://youtu.be/K79TlPGjoFk
Link to Learn How to Juggle with Tom Flynnhttps://youtu.be/191893Ob4bU
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com
Secrets to a Successful Invoice Strategy takes a look at your Accounts Payable Process and more specifically your invoice handling process or your Invoice Strategy. In this short broadcast we take a look at a few tactics everyone should us to help improve their accounts payable process when it comes to invoice processing. These strategies will work for both those who have automated as well as those who are still manually process invoices – or somewhere in between. Make sure you stick around until the end when we discuss the one strategy that everyone needs to adopt unless they don’t mind increasing their workload by at least 25%. #invoice #accountspayable #accounting
This informative broadcast delves into the crucial elements of your invoice handling system, offering tactics for improvement. Whether your organization is fully automated or still processing invoices manually, these strategies are applicable and essential for maximizing efficiency. Don't miss the finale, where we reveal the one strategy that can reduce your workload by a staggering 25%. Get ready to revolutionize your invoice strategy!
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Solving the Duplicate Invoice Dilemma https://youtu.be/NrGAKYNO3G8
Link to Changing Invoice Best Practices playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Eliminating the plague of duplicate copies of invoices has become a top concern for those responsible for the accounts payable process, and specifically, the invoice handling process in their organizations. Suppliers sending duplicate copies of invoices adds a lot of extra work for accounts payable departments everywhere. This is a growing problem as more vendors seem to think that sending numerous copies of the same invoice is a good idea. In this broadcast we share steps any organization can take to reduce the number of extra invoices being sent, invoices that require extra work on the part of an already overworked staff. Make sure to stick around until the end when we address the horrific little spoken about issue that is making this problem even worse. #invoice #accountspayable #accountspayableprocess
Does managing a never-ending pile of duplicate invoices have you feeling frustrated and overwhelmed? You're not alone! The rise of suppliers sending multiple copies of the same invoice has become a top concern for those in the accounts payable process. This is a growing problem as more vendors seem to think that sending numerous copies of the same invoice is a good idea
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Why Invoices Get Paid Twicehttps://youtu.be/uIAJ5V-q028
Link to Changing Invoice Best Practices playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
Career Game Changers are the practices that can help you take control of your career (be it in accounts payable, accounting, audit, P2P, finance or treasury) and make significant changes that will lead to greater success and fulfillment OR by not adopting these practices, you can wreck your career, and effectively make yourself unemployable. These three key practices can make or break your career, depending on the approach you take. Make sure to stick around until the end when we discuss one tactic that many don’t realize can make or break the proverbial bank. #career #accountspayable #accounting
These three basic tactics can career makes or career wreckers, depending on how you look at these practices. Ignoring them can be devastating to your career.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to What You Need to Know to Work in Accounts Payable: Who Knew It Was So Complicated https://youtu.be/UGFaUkiNPP0
Link to the Three Way Matchhttps://youtu.be/ylJatPCthAQ
Link to AP Now’s Invoice Series https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Mary Schaeffer (www.ap-now.com
Debits and Credits: What's The Difference? Credits and debits are an Accounting 101 topic. This short talk explains the difference between a debit and credit in accounting, how they are handled on your books and provides examples when using both goods and services. #debit #credit #accounting
In accounting, the terms "debit" and "credit" are used to describe the movement of money in and out of your business's accounts.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to the Three Way Matchhttps://youtu.be/ylJatPCthAQ
Link to 8 Accounting Misconceptions about Accounts Payablehttps://youtu.be/1Cp_vfrkSSw
Link to AP Now’s Invoice Series https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Mary Schaeffer (www.ap-now.com
Wordle stumpers!!!: Do you ever find yourself scratching your head because of one of the letters that Wordle says is in the solution, just doesn’t seem to fit? Somehow, you’re having a temporary thinking block, and have gone through what you think are every possible letter combination and you are still coming up with NOTHING? This is the first part of a series of Wordle tips to help you deal with the Wordle Stumpers. #Wordle #Wordletips #Wordlestrategy
This is Wordle Stumpers Part 1 and focuses on the letters J K L M N P Q. It is part of a longer series that takes a deeper look into the problems you may have in finding a solution when J K L M N P Q are part of the final answer. Wordle – the alphabet series – should help all Wordle players.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Follow me on Twitter: @MarySSchaeffer for sparkling commentary to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Wordle Game Strategy when Stuckhttps://youtu.be/OHmEkVPYFkc
Link to Best Starting Word Revisitedhttps://youtu.be/4FY28GWPddI
Link to the Wordle Play List of All Wordle Videoshttps://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to The Book: Wordle: The Rules, Strategy and Expert Tipshttps://www.ap-now.com/snip/111.htm
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
Are you worried that AI may replace you and take your job? As someone who creates content about accounts payable and payment issues for a living, this is a topic that hits close to home. But with the advent of ChatGPT, the conversation has reached a new level of urgency and the threat has become more real than ever before. I've put ChatGPT to the test and am here to share my findings with you. From its capabilities to its limitations, I'll give you the inside scoop on what Chat GPT can do for you. I’ve tried it and am here to tell you what it can and cannot do for you. Stick around until the end when I share one way I’m using it and YOU can too. It will make your life a little less stressful. #ChatGPT #accountspayable #accounting
ChatGPT does have a place in accounting, accounts payable, P2P, treasury, audit etc. However, it may not be what you think. Used judiciously, it will make you more effective than ever. Used inappropriately, you’ll end up with egg on your face. Watch this video to find out where you can use it to become more effective – and where NOT to use it!
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to Working in Accounts Payable Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HeNwCTRm4jZIlGKzi8VOwi_
Link to AP Automation Insights Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Link to AP Now’s Invoice Series https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Host: Mary Schaeffer (www.ap-now.com)
How to Not Make Mistakes in Accounts Payable is an important topic because mistakes in accounts payable lead to duplicate payments, fraud and incomplete regulatory compliance. Little mistakes in accounts payable can lead to significant financial losses. In this piece, we’ll review some basic ways to avoid errors, practices that are not always followed. Stick around until the end when we discuss two issues that most don’t consider when thinking about mistakes that get made in accounts payable, mistakes that often lead to duplicate payments (which are rarely returned) and worse. #accountspayable #accountspayableprocess #accounting
Whoever said the Devil is in the details, must have been thinking about accounts payable. But that is only the beginning. There are also bigger issues that can lead to problems if not addressed properly.
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to How to Not Make Mistakes in AP Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HdI07dhxDjdq0XbA8owsVz7
Link to AP Automation Insights Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby
Link to AP Now’s Invoice Series https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Mary Schaeffer (www.ap-now.com
Accounts Payable Best Practice Month is all about raising awareness of the importance of best practices in accounts payable, and more importantly changing and new best practices. Why does this matter? Bad things happen when best practices not only are ignored but also sometimes put on the back burner, with this philosophy of we’ll make the changes when we have time … which is almost always never. #accountspayable #accountspayablebestpractices #apbestpracticemonth
The accounts payable invoice process is critical to the success of the accounts payable function. The three-way match concept is the standard approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to 5 New AP Best Practiceshttps://youtu.be/RRlMPtphC4E
Learn more about AP Best Practice Monthhttps://www.ap-now.com/public/AP-Best-Practice-Month.cfm
Register to receive resources during AP Best Practice Monthhttps://www.surveymonkey.com/r/APBPMonth
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host:
Mary Schaeffer (www.ap-now.com
Vendor credits disappear at an alarming rate. Vendor credits represent real money that is owed your organization, money that can be added right to the bottom line. Yet, this doesn’t always happen. In this piece we take a look at what vendor credits are, how they are created, and some slimy practices some suppliers will use to try and hold onto your vendor credits. Stick around until the end when we discuss how, even when dealing with the most honorable of suppliers, your vendor credits may disappear, that is go up in smoke and We’ll show you how to avoid this. #accountspayable #credits #vendorcredits
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Vendor credits generally are overpayments and are funds owed your company, money that will increase your profitability. In this piece we take a look at what vendor credits are, how they are created, and some slimy practices some suppliers will use to try and hold onto your vendor credits.
Link to Common Practices that Guarantee Duplicate Paymentshttps://youtu.be/Ye8sqzmP7KE
Link to Duplicate Payment Avoidance Playlisthttps://www.youtube.com/playlist?list=PLtL6rWSXZ-Hfm-G5d8-CpBsC3xi-nQTn2
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com
Duplicate payments – every company has them although they all wish they didn’t. And before you say, “oh well, the vendor will return them,” let me assure you most don’t. This scourge can be managed, but only if you use best invoice handling practices. There are certain practices, sadly in use in many companies, that will increase the number of duplicate payments. The goal, therefore, is obviously to keep the number as low as possible. But how to do that. We’ll identify several practices that no company should be using – and if you are you should stop it immediately. Make sure you stick around until the end when we discuss one that, at first glance, appeared to be the silver bullet to solve this problem. Regrettably, some still cling to the hope that it works. It doesn’t and we’ll explain why.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Duplicate payments that happen at unexpected timeshttps://youtu.be/OODqvjcxfRQ
Link to Duplicate Payment Avoidance Playlisthttps://www.youtube.com/playlist?list=PLtL6rWSXZ-Hfm-G5d8-CpBsC3xi-nQTn2
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com
Wordle stumpers!!!: Do you ever find yourself scratching your head because of one of the letters that Wordle says is in the solution, just doesn’t seem to fit? Somehow, you’re having a temporary thinking block, and have gone through what you think are every possible letter combination and you are still coming up with NOTHING? This is the first part of a series of Wordle tips to help you deal with the Wordle Stumpers. #Wordle #Wordletips #Wordlestrategy
This is Wordle Stumpers Part 1 and focuses on the letters B C D F G H. It is part of a longer series that takes a deeper look into the problems you may have in finding a solution when B C D F G or H are part of the final answer. Wordle – the alphabet series – should help all Wordle players.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Follow me on Twitter: @MarySSchaeffer for sparkling commentary to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Wordle Game Strategy when Stuckhttps://youtu.be/OHmEkVPYFkc
Link to Best Starting Word Revisitedhttps://youtu.be/4FY28GWPddI
Link to the Wordle Play List of All Wordle Videoshttps://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to The Book: Wordle: The Rules, Strategy and Expert Tipshttps://www.ap-now.com/snip/111.htm
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
If you are looking to advance your career, be it in accounts payable, accounting or finance, there are certain essential skills you will need. These skills are essential if you wish to advance, that is if you wish to get promoted in accounts payable or accounting. Make sure you stick around until the end when we discuss one that I believe is not only essential, but you won’t succeed without it. #Accountspayable and #accounting #career
The accounts payable skills needed to succeed may not be what you thought they were. As time goes on, the ability to enter data as quickly as possible will be less in demand while other skills will become more important. You can advance your career in accounts payable with these essential skills, the accounts payable skills you need to succeed, the accounts payable skills you need to get promoted.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to What You Need to Know to Work in Accounts Payablehttps://youtu.be/UGFaUkiNPP0
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com
Accounts payable automation and Invoice automation are hot issue for many accounting and finance teams. Invoice automation or accounts payable automation projects are usually started to improve accounts payable efficiency, reduce invoice processing errors, streamline the accounts payable and/or invoice handling process and generally make a more effective accounts payable function. To ensure success, there are more than a few issues to consider. We will discuss many of them in this piece. Make sure you stick around until the end when we discuss one critical issue that many ignore and it’s the reason many automation projects fail. #accountspayable #invoice #automation
When looking at invoice automation, the invoicing function is ripe for automation. Accounts payable efficiency, which includes accounts payable time management, Cash flow enhancement, reduction of invoice errors, as well as invoice software streamlining accounts payable processes is the goal. This multi-faceted goal for the simple streamlining invoice processes or invoice management is impressive. Invoice processing, key to any accounts payable function requires an invoice automation solution that addresses all these functions..
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to 9 Reasons Why Your Automation Project Fails (supplier-related)https://youtu.be/Z3oITKT0LR0
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com
If you like playing wordle but are up for a slightly more advanced challenge, or perhaps just want to find a way to expand the social aspects of the game, we’ve got a few suggestions for you. Make sure to stick around until the end when we share the Bill Gates Wordle Game. #wordlejeopardy #wordletwister #wordle
Wordle's Next Frontier: Are You Up for It? Focuses on several new games you can play (many with friends) after you’ve finished the daily wordle game. Wordle's Next Frontier is a fun look at some wordle after-the-party games that includes a few wordle tips for your wordle game.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Link to Bill Gates and Wordlehttps://youtu.be/zwgBhRhdNpw
Follow me on Twitter: @MarySSchaeffer for sparkling commentary to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to Best Starting Word Revisitedhttps://youtu.be/4FY28GWPddI
Link to the Wordle Play List of All Wordle Videoshttps://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to The Book: Wordle: The Rules, Strategy and Expert Tipshttps://www.ap-now.com/snip/111.htm
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
Use of personal cards instead of company credit cards is a weak (as opposed to best) expense reporting practice. Yet, it is tolerated in almost half of all organizations despite the fact that these organizations have company cards. In this short episode, we take a quick look at why this is such a bad practice and why it is tolerated. Stick around until the end when we share a nifty trick that will convince your travelers to use the company card, even if the company doesn’t mandate use of the company card instead of a personal card. #expensereport #accountspayable #accounting
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Use of personal cards instead of company credit cards is a really poor expense reporting practice. Yet, in almost half of all organizations it is permitted despite the fact that these organizations have company cards. There is a nifty trick that will convince your employees to use the company card, even if the company doesn’t mandate use of the company card instead of a personal card.
Link to Questionable Expense Reporting Practiceshttps://youtu.be/zfimnwx64IE
Link to Expense Reporting Trends: Receiptshttps://youtu.be/ftWRVfF9glQ
Link to Expense Reporting Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HcjS9jyGWaV2-gJV5c1aTv0
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com
Worst Practices when issuing 1099s are rampant. Many don’t realize that by using these worst 1099 practices they are inviting IRS ire. Want to know the secret to avoiding IRS ire? It’s simple. Don’t use Worst Form 1099 practices as they will be quickly identified if an organization becomes subject to an IRS Information Reporting audit. Keep in mind, the IRS has just received a massive infusion of funds, much of which will be spent on “enforcements,” which include Information Reporting audits. The IRS really does not want the fines and penalties it can collect from companies like yours who make mistakes issuing 1099s. They want you to do it RIGHT so they can collect more in the taxes owed on unreported income. Let’s take a look at some of the practices, unfortunately in use at many organizations, that everyone should avoid. #1099 #form1099 #1099BestPractices
Worst Practices when issuing Forms 1099 are widespread. Many don’t realize that by using these worst Form 1099 practices they are tempting catastrophe. Worst Form 1099 practices will be quickly recognized if a company undergoes an IRS Information Reporting audit.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Perfect 1099 Tipshttps://youtu.be/KcqYrRVBqgs
Link to 1099 + W9 Insightshttps://youtube.com/playlist?list=PLtL6rWSXZ-Hcr8gIFixpz3Ex5hfK79DrY
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com
Wordle best practices are those strategies you use to ensure you win the daily wordle hand and win it in as few rounds as possible. Use World best practices and over time, you will get better at this really-fun daily puzzle. #Wordle #wordlepuzzle #Wordlegame
Wordle best practices are used by wordle players to win in as few rounds as possible. These wordle tips can help anyone playing the wordle game to make as few errors as possible. Best wordle guesses depend on many things which is why it is important to have a wordle game strategy if you want to know how to win at wordle in as few rounds as possible. A strong wordle strategy will help you play wordle like a pro. The best wordle word helps in the wordle app.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot. Letters that have not been used yet remain grey. Wordle best practices are used by wordle winners everywhere.
Follow me on Twitter: @MarySSchaeffer for sparkling commentary to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to Best Starting Word Revisitedhttps://youtu.be/4FY28GWPddI
Link to the Wordle Play List of All Wordle Videoshttps://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to The Book: Wordle: The Rules, Strategy and Expert Tipshttps://www.ap-now.com/snip/111.htm
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
Best practices for the three-way match process in accounts payable or accounting can mean the difference between paying exactly what you owe and paying a lot more on your invoices. The three-way match is a process that businesses use to ensure that the goods or services they receive match what they ordered, as well as what they are being billed for payment. This process helps to prevent errors and fraud and is an important part of a business's financial management. Sadly, some of these steps are sometimes overlooked costing businesses hundreds or thousands of dollars – or more. Stick around until the end when we discuss one many companies never even consider. #accountspayable #threewaymatch #accounting
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Three-way match best practices for the invoice handling process in accounts payable or accounting can mean the difference between paying what’s owed or more than what’s owed.
Link to Three Way Match Internal Controlshttps://youtu.be/mCJTAPAsFQc
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com
Positive pay is accurately touted as the best protection against check fraud. Positive pay is a fraud prevention service offered by banks. In addition to plain positive pay, there are variants including payee name positive pay and reverse positive pay – all of which areexplained in this short piece. #positivepay #fraud #accountspayable
Depending on what your situation is, positive pay, payee name positive pay or reverse positive pay will help you protect against the criminals who persist in trying to defraud your organization by either manipulating a check you wrote or creating a completely phony one. Check fraud continues to be a huge issue and the best way to protect against it is to use positive pay. Positive pay is a product created by banks to combat horrific amounts of checkfraud thirty or more years ago. It works.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Check Signing: Worst Practiceshttps://youtu.be/YYB-ZvQZ1Fo
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Wordle has inspired many other Wordle like games that mix Wordle skills with specialized knowledge – usually about some fun topics. We took a look at a few of them that I thought you might enjoy. You might learn a thing or two about yourself playing them, I know I did. Stick around until the end when I share a few tips you’ll need to play them, for there are a few Wordle nuances. #wordle #Wordlestrategy #otherwordlegames
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Whether you view wordle games inspired by wordle as ripoffs or spinoffs, they rely on wordle building upon the foundation of wordle.
Link to Wordle Desperation Tactichttps://youtu.be/W09imPKrO08
Follow me on Twitter: @MarySSchaeffer for sparkling comentary to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to The Book: Wordle: The Rules, Strategy and Expert Tipshttps://www.ap-now.com/snip/111.htm
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Link to the Wordle Play List of All Wordle Videoshttps://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Best Starting Word Revisitedhttps://youtu.be/4FY28GWPddI
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
Professionals who work in, manage, or have responsibility for the AP or payment function, have to handle many different tasks. The many roles of an Accounts Payable professional as told with cartoons takes a playful, but serious, look at the many hats these professionals have to wear if they want to do an even adequate, never mind outstanding job for their organizations. Continued learning is also part of that equation. We’re going to take a quick look at some of these roles using some cartoons. #accountspayable #accountspayableprocess #accountspayablerole
Those who work in, manage, or have responsibility for the Accounts Payable or payment function, have to handle many different roles. Accounts payable is responsible for invoices, payments, 1099, ACH, vendor file, expense reporting and more.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to What You Need to Know to Work in APhttps://youtu.be/UGFaUkiNPP0
Link to A Day in the Life of APhttps://youtu.be/K79TlPGjoFk
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
The Payment process, treasury processes and accounts payable processes are all changing rapidly. The digital transformation in accounts payable, as well as the digital transformation in accounting and the digital transformation in treasury means a huge change in the B2B payment process. That’s why the insights from the Strategic Treasurers most recent B2B Payment survey are so critical. They provide a roadmap for best practice companies looking to improve their accounts payable processes and make an accounts payable digital transformation. Make sure to stick around until the end when we share the one truly surprising metric that reveals many are focusing their accounts payable automation efforts on the wrong area.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Payment processes, treasury processes and accounts payable processes are all changing at the speed of light. It is critical that accounting, treasury and accounts payable professionals keep up with all the changes.
Link to Payments and Emerging Payment Issues playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HdD-bwCXumxMB64lRKVwm2h
Link to Accounts Payable: A Day in the Life ofhttps://youtu.be/K79TlPGjoFk
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Guest: Craig Jeffrey (https://strategictreasurer.com/surveys/)
Wordle Trivia Pop Quiz! Do you know all the ins and outs of Wordle trivia? Do you know all the Wordle trivia, the fun facts regarding Wordle? We’re pretty sure we’ve got a few mysteries that will elude even the most ardent Wordle fan. Grab a piece of paper, an old envelope or whatever and a pen or pencil and join us for a fun but innovative pop quiz. There are 13 quick questions. The answers are all one or two words, so no worries about essay questions. We start with the easy ones, the ones everyone will get right. But that’s just the beginning. Stick around until the end when we have two diabolical questions for you.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Wordle trivia is lots of fun. You’ll be surprised to learn who plays Wordle and some of the other fun facts about Wordle.
The Wordle Strategy Pop Quizhttps://youtu.be/KceJsOA5iP8
Bill Gates Plays Wordlehttps://youtu.be/zwgBhRhdNpw
Wordle Crash Coursehttps://youtu.be/c_FeIM2gj6w
Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
There are some big new 1099k changes coming for reporting to be done in January 2023. There has been a lot of controversy around the 1099 k requirements new in 2022, so AP Now thought we’d address the basics. We’ll explain what the 1099k is and who will have to issue the 1099ks. Stick around until the end when we address the big question on everyone’s mind: Will Accounts Payable have to issue 1099-Ks this year? #1099k #accountspayable #accounting
The 1099k reporting requirements 2022 for 1099k that will be completed in early 2023 have changed. The big threshold change as well as the expansion of the program will leave many scratching their heads. This will also happen in late January and early February when the 1099ks show up in recipients mailboxes.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to The Perfect 1099https://youtu.be/KcqYrRVBqgs
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Sadly, criminals are getting quite good at impersonating vendors. This is definitely NOT good news for companies and their accounts payable teams. Today we are going to perform an autopsy on a fraud that was ALMOST successful. We’ll show you the tiny clues the savvy accounting specialist uncovered that put her on the trail of a scam that could have cost her organization a huge amount. In uncovering the fraud at her organization, she helped crack a much larger fraud targeted at one of their suppliers. Stick around until the end when we summarize what you should look for at your organization so you don’t fall into a similar fraud trap created by conniving, savvy fraudsters now targeting accounts payable, treasury and accounting departments everywhere. #fraud #paymentfraud #accountspayable
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Verifying Change of Bank Account Requests: Prevent Fraudhttps://youtu.be/iBJDDrh3e0k
Link to Fraud Protection Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-Hd5PdNc1YUkSe5IT77nEVHe
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Guest: Colleen Oliphant
Wordle Strategy Pop Quiz! Do you know all the ins and outs of Wordle strategy? Do you know everything you need to know to play Wordle like a champ, to win quickly and not make any obvious Wordle mistakes? Grab a piece of paper, an old envelope or whatever and a pen or pencil and join us for a fun but innovative pop quiz. There are 8 quick questions. The answers are all one or two words, so no worries about essay questions. And I warn you, there are some trick questions in here.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Do you know all the tricks when it comes to playing Wordle. Do you know everything you need to know to win Wordle in as few rounds as possible and not make any obvious Wordle mistakes? Take this pop quiz of 8 quick questions to find out. The answers are all one or two words, so no worries about long essay questions.
Link to Wordle Blunders to Avoid (+ Strategies when stuck)https://youtube.com/playlist?list=PLtL6rWSXZ-Hcgn7JIk3irXaBYmtdy3_3Z
Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
Three-way match internal controls should be an integral part of every organizations accounts payable process, the accounts payable invoice process. Yet, they are sometimes overlooked. In this episode we examine five very basic accounts payable controls for the three-way match, which is part of invoice processing. Make sure to stick around until the end when we discuss the one control that is sometimes overlooked – leading to duplicate invoices, duplicate payments and a lot of extra work for you accounts payable invoiceprocessing staff. #threewaymatch #accountspayableprocess #accountspayable
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link When the Three-Way Match Failshttps://youtu.be/Qpbepp_l8FE
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Job loss is devastating no matter when it happens; but when you’re over 50, the outlook might seem downright bleak. But it doesn’t have to be. There’s a career change that a few savvy professionals are making at this point and you can too. No, I’m not talking aboutentrepreneurship. I’m joined today by Teri Cook who found herself in this very situation a few years ago. She’s graciously agreed to share her journey – from the gut-wrenching start, through two other jobs and finally arriving at her “dream job”. Make sure to stick around until the end when she shares some tips that helped her along this journey. They just might help you as well. #startingoverafter50
Tips that will help an #accounting or #accountspayable professional make the career change based on their experience. This career change can jumpstart a stalled career and reinvigorate the professional who thinks they are finished. Nothing could be further from the truth. This is a prime example of taking what looks like an absolute disaster and turning it into a great opportunity. This episode could also be called how to change careers after 50.
Link to Networking for Introvertshttps://youtu.be/48Qzh99i2gc
Link to AP Now’s Career Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HdWh9jMlKmeuvp644EEbbwL
Link to AP Now’s Invoice Serieshttps://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Guest: Teri Cook (https://www.linkedin.com/in/theresacatherinecook/)
Whether you refer to it as master vendor file, vendor master file, or supplier file, it’s all the same. It needs to be cleansed periodically. How frequently you do that cleansing will depend on whether you view the process as a special project or part of your regular accounts payable process. Stick around until the end when we explain which approach is better – and why. #mastervendorfile #vendormasterfile #accountspayable
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Master Vendor File Playlisthttps://youtube.com/playlist?list=PLtL6rWSXZ-HeZHaYupptiu7ZBqniRaj2J
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Per diem, what are a per diems, how do you pronounce per diem, and what is a per diem in the workplace are common searches throughout the year. People also want to know if companies have to offer per diems and why companies offer per diems in the first place. In this fast-paced episode we are going to try and answer all these questions. Stick around until the end when we address the question of why companies might want to use per diems. The explanation might surprise you. #perdiem #expensereport #accountspayable
Per diems are commonly used in the workplace as part of company’s expense reporting process. Employees either love them or hate them, it seems there’s no middle ground. That being said, should an organization choose to use per diems, it is important that they take into consideration IRS rules.
Expense reporting is frequently part of the accounts payable process. Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Expense Reporting Habits (Questionable) [+ Best Practices to Thwart Them] https://youtu.be/h2QtD4X0NFk
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
I stumbled across a silly trick that actually helps me solve Wordle puzzles faster. In this video, I share this simple Wordle strategy, a wordle visualization tactic, can implement and it will help you visualize the right answer faster. I’ve been using this little trick to help me solve Wordle puzzles faster. It revolves around the letter X – which let’s be honest, when it comes to Wordle is almost useless. #wordle #wordlestrategy #winwordle
As regular Wordle players know, having a strong Wordle strategy is critical to achieving success at the game. Solving the puzzle each day can take 2 minutes or two hours – depending on the difficulty of the solution, your starting word, your willingness to sit with the game and a little bit of luck.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot. Since there’s only one hand revealed each day, there is some pressure to get it right and to solve it each day.
A Novel Approach to Fraud: How They Get Your Personal Info (timeshares) https://youtu.be/CVxhYPOENKQ
Link to the Zelle Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HfUUlK4BpKlaQSFWAXb8nMQ
Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
There’s no depth criminals won’t sink to in their attempts to get their hands on personal and banking information they can further exploit. Our colleague, Lynn Larson, has uncovered a yet another one – and it has not been widely publicized. Make sure you stick around until the end when Lynn shares tips on how You can protect yourself against this type of fraud. #fraud #scams #identitytheft
We want to share this story, even though it does not strictly have B2B implications, because we want to make sure none of our listeners, their families or their friends fall for this fraud. What’s more, it demonstrates, once again, just how innovative some criminals are in finding cracks in a process, weaknesses in vulnerability and then taking full advantage.
Protecting personal information is important and criminals are getting very crafty about how the go about getting their hands on your personal data. Everyone needs to be alert all the time. If something seems to good to be true, as it does in this example, be very, very suspicious.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Zelle Fraud https://youtu.be/L02mUitjsKc
Fraud Protection: Payment and Other Types of Fraud Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-Hd5PdNc1YUkSe5IT77nEVHe
Link to Can You Spot the Phony Email Address https://youtu.be/8IkeqkkQ2Do
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Guest: Lynn Larson (www.recharged-education.com)
Do you ever wonder if you are being paid a market rate? Do you wonder if others in your industry or town are earning a lot more? Pay transparency or salary transparency is suddenly a huge issue. State laws are changing every day – and the rules vary from state to state. Companies are being forced to reveal pay ranges for new hires as well as the ranges for existing positions. What’s more, in many states it is illegal to ask someone about their current salary during a job interview. In this episode we’ll discuss pay transparency, as well as reveal the salaries for AP managers. Make sure to stick around when we share how you can find the salary for any professional in your city, as well as the salary range. #paytransparency #salary
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Networking for Introverts https://youtu.be/48Qzh99i2gc
Link to AP Now’s Career Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HdWh9jMlKmeuvp644EEbbwL
Link to AP Now’s Invoice Series https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Does it seem to you that your friends and family always solve Wordle in fewer rounds than you do? Or are you just tired of those 5s and 6s and would like to see some 2s and 3s … or even 4s? In this episode we’ll share 5 weirdly simple things you can do to help you win faster … and to be honest, anyone can use these tactics. Stick around until the end when I share the 1 strategy that is guaranteed to help you win faster. #wordle #wordlestrategy #winwordle
Looking to start winning your Wordle rounds in fewer rounds. This broadcast will help – and the strategies are things anyone can use. Wordle is fun but it also helps us expand or exercise our mind. So, why not get the most out of it?
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Link to Wordle: The 7 Levels of Difficulty https://youtu.be/73ZOFuOTcxs
Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
Days payable outstanding, referred to as DPO is an accounting term that reflects how long a company takes to pay its bills. It is calculated from figures on the financial statements. In this episode we’ll look at how to calculate days payable outstanding as well as how to increase or decrease DPO. Make sure to stick around until the end, when we explain how one tactic you might use in another area of AP, that might impact your DPO – and it might not be in line with management’s objectives for the days payable outstanding figure. #accountspayable #DPO #dayspayableoutstanding
The accounts payable process impacts the calculation of days payable outstanding. DPO is sometimes referred to as accounts payable turnover, payables turnover, payable turnover, or the payable turnover ratio. That’s why some ask what is DPO or what is days payable outstanding. In this episode days payable outstanding is explained, as is how to calculate DPO, that is how to calculate days payable outstanding.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Early Payment Discounts and how to earn more of them https://youtu.be/kTq9Ah56M4Q
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Early payment discounts are exactly what they claim to be: a discount for paying early. In this episode take a look at the nitty gritty of how early payment discounts work, how it is written and what the financial implications are. Make sure to stick around until the end when we share some strategies for getting more discounts than you are currently receiving. #earlypaydiscount #earlypaymentdiscount #accountspayable
Early payment discounts are part of the invoice and as such should be picked up as part of the invoice processing function. Thus, it is important that everyone in accounts payable and accounting understand what early payment discounts are and how to recognize early payment discounts.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Early payment discounts are a critical part of any cash management program. It is important that the entire accounts payable, accounting and treasury team understand how early pay discounts work and the financial implications of early payment discounts. Finding strategies for getting more early discounts than you are currently receiving is a good cash management approach.
Link to 3 Quick Ways to Find Cash Hidden in Accounts Payable Processes https://youtu.be/fnpegmMJAE0
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
We’ve got a really easy networking plan that anyone can use to build their own professional network. It’s mind-blowingly simple and anyone can execute it from the comfort of their own home or office. If you think building a professional network sounds like something other people do, people who have big high-flying careers, people who make a lot of money – not something that the average manager or supervisor does, you would be 100% wrong. If you think networking is complicated and gut wrenching because you have to talk to people you don’t know, again, you are 100% wrong. #networking #buildinganetwork #accountspayable
Stick around while I show you how and I guarantee that anyone - including you – can take the first few steps without breaking a sweat! Follow these steps and you’ll become well known in your industry and before you know it, people will seek you out and you won’t have to worry about networking, it will become second nature.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Link to Taking Your Career to the Next Level: Career Success https://youtu.be/kGYPCSUNnb8
Wordle is the really fun online game that entertains and sometimes aggravates the legions of fans who are devoted to it. Quirky Wordle situations that make it challenging for regular #wordle players to solve the daily puzzle are also what makes #Wordle so much fun to play. In this episode we examine 5 such quirky wordle situations. #wordle #quirkywordle #wordle strategy
Quirky Wordle Situations that Drive Me up the Wall identifies those oddball Wordle situations that many Wordle fans forget about when they go to solve the daily wordle puzzle. They are not part of the general Wordle strategy that is used by the masses of fans who play the game on a regular basis. Of course, once they are stumped many to eventually back into the Wordle solution only to realize that once again, they’ve run into the quirky wordle situation. Wordle quirks are part of what makes the game so much fun to play. You never know what you are going to encounter when you open up the daily wordle puzzle.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Link to Wordle Aggravation https://youtu.be/VjESDDYKu3k
Link to Wordle tips from Everyday Players https://youtu.be/Q6sjOQ7U8qc
Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
Did you know that practices that you might consider acceptable when it comes to your expense reimbursement process are actually costing your organization millions of dollars? I am not kidding. Hundreds of thousands of organizations still use these practices, not realizing that they facilitate petty fraud and that these frauds occur with frightening frequency. In this episode, I’m going to discuss three of them. The odds are your organization is using at least one of them, and many will be using all three. At the end I discuss one, seemingly innocuous practice allowed in 50% of all companies that facilitates all sorts of petty fraud. #expensereport #accountspayable
accountspayablebestpractices
Those common expense reporting practices may be costing your organization millions of dollars, either in terms of questionable expenditures or excess resources spent on administering the expense reporting process.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Expense Reporting Trends: Receipts https://youtu.be/ftWRVfF9glQ
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
The accounts payable process from a best practice standpoint, should start with the setup of a new vendor (supplier). But, when should that happen vs. when a new vendor is actually set up. In this episode, as I do in my book, 127 Best Practices for Accounts Payable, we’ll discuss the best, almost best and worst practice for setting up a new vendor in the master vendor file. Make sure to stick around until the end when we reveal the worst practice, which regrettably is still used in many, many companies. We’ll explain why this is so bad and how it can cost your organization millions of dollars. #accountspayable #accountspayableprocess #vendorfile
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. The accounts payable process includes master vendor file, or vendor master vendor file. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses. Those controls include the master vendor file, and more specifically setting up a vendor in the master vendor file.
The accounts payable process from a best practice standpoint, should start with the setup of a new vendor (supplier). But best accounts payable practices and reality don’t always match up. That’s when almost best practices come into the picture. And, of course, the reality is there are worst practices still in use in many accounts payable groups.
Link to Fraud in the Vendor File https://youtu.be/6r9I5d-li-U
Link to: Worst Accounts Payable Practices [What to Do Instead] https://youtu.be/XGdbM5AiPf4
Link to AP in the Movies https://youtu.be/dec6bkMhmrE
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Wordle hints from our viewers are the best. They help wordle players win faster. In this episode we’ve got some great tips, a funny Wordle story and the Wordle Jumble. Make sure you stick around until the end when we explain what the Wordle Jumble is and how to play it. If you enjoy Wordle, you’ll love the Wordle Jumble. It’s really easy and fun! #wordle #jumble #wordlejumble
Wordle hints and tips from regular wordle players provide insights and strategies that might not be found anywhere else. Plus, they are lots of fun. Wordle players know there are many choices for each round and they often try to make each letter in each word count. That’s where the tips and hints from regular wordle players can really help.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Wordle hints from players who regularly try and solve wordle rounds often provide insights others miss. They may make it possible for wordle players to make better selections that will help the player win in fewer rounds. In this episode we’ve got some great tips, a funny Wordle story and the Wordle Jumble. At the end when we explain what the Wordle Jumble is and how to play it.
Link to Wordle: Everyday Wordle Players Share Amazing Tips and Insights
https://youtu.be/Q6sjOQ7U8qc
Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
A mythical look at a Day in the Life of Accounts Payable reveals just how many different areas in an organization interact with #accountspayable. Taking a look at Accounts Payable: A Day in the Life is eye-opening for many controllers, CFOs and other finance executives as they don’t realize just how many responsibilities are handled in accounts payable.
The numerous accounts payable duties and accounting duties are addressed in this broadcast as is the role of accounts payable in the accounting and finance chain. Typically, the accounts payable function is part of the #accounting group and reports to the #controller. Accounts payable is sometimes linked with procurement, especially in those companies that have a procure-to-pay department or function. In this case, procure-to-pay is sometimes referred to as P2P or purchase-to-pay.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses. This imaginary view of a Day in the Life of Accounts Payable the number of different groups in an company interrelate with accounts payable.
Link to what you need to know to work in AP https://youtu.be/UGFaUkiNPP0
Link to playlist from AP Technology Week https://youtube.com/playlist?list=PLtL6rWSXZ-HeTeFa4eBOVeHvE2NbY4KEz
Link to playlist from AP Appreciation Week (including Payment Innovation) https://youtube.com/playlist?list=PLtL6rWSXZ-HekaIHKO1lQ9Cn8rpjfzGZG
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
1099 Best Practice tips for those required to fill out 1099s! Information Tax Reporting on IRS Form 1099 is a major headache for most accounts payable groups at this time of the year. The 1099-MISC and the 1099-NEC are used to report to the IRS payments made to independent contractors. Getting the 1099 information correct is never easy. In this episode we’ve got 5 quick tips to help you create the perfect 1099. Make sure you stick around until the end when we share how to create a strong foundation for your 1099 reporting. #accountspayable #1099 #1099MISC
Almost every single organization has to issue 1099s each year and the task is never easy. Put one wrong number in a box and you could trigger an irate supplier or worse a B notice from the IRS or both. Neither are desirable. That’s why, at a minimum, using the tips in this broadcast will help you set your organization off on the right foot.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to W-9 FAQs https://youtu.be/EZKD5eZIE2I
Learn more about AP Now’s 1099 e-Workshop https://www.ap-now.com/products/1099-eWorkshop.cfm
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Did you know that 75% of the population suffers from glossophobia? What am I talking about? Fear of public speaking. But it can be a huge differentiator when it comes to career success. That’s just one of the reasons Jamie Radford and I are always advocating for you to speak in public – and there’s lots of opportunities. In this episode we explain what we mean, how to get over the fear almost everyone has of speaking in public and then some tips on talks you can put together. #APWeek #accountspayable #publicspeaking
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to 3 Common Career Killers https://youtu.be/rp6c_J3uemA
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Guest: Jamie Radford ( https://ap-association.com/)
The once staid and intractable payment process in the US has gotten a royal kick in the you know what the last few years and it looks like that will continue into the near future. We are joined by Nacha’s very own Rob Unger to shed some light on some of the changes and trends that will impact the payment process at virtually every organization.
This talk is part of a week-long series for AP Appreciation Week. There is a link to the series below. The idea behind AP Appreciation Week is two-fold. First, it is a time for companies and their managers to show their appreciation for their accounts payable team. And, secondly, it is the time when AP Now says thank you to the community of professionals that supports our mission. Thus, we try and provide information this week that will help each professional individually in meeting their career goals. [And in once case, we just want to have a little bit of fun.]
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to all AP Appreciation Week 2022 talks https://youtube.com/playlist?list=PLtL6rWSXZ-HekaIHKO1lQ9Cn8rpjfzGZG
Link to Rob Unger’s Real Time Payments Talk https://youtu.be/jKgmu-fye_E
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Guest: Rob Unger (https://www.nacha.org/)
Host: Mary Schaeffer (www.ap-now.com)
Did you ever want to learn how to juggle? This short video will show you how to get started juggling, teach you the basics of juggling as well as some tips for getting started learning to juggle. It might be called a Beginners Guide to Juggling or the Art of #Juggling. #jugglingforbeginners #accountspayable
Getting Started Juggling: Learn Now was created as in homage to the accounts payable professionals who spend their days juggling a variety of different task. Getting Started Juggling or learning how to juggle is really not that difficult. In fact, our juggling instructor Tom Flynn makes it look easy. He says that anyone can learn from this juggling for beginner as this juggling tutorial shows just how simple it is. How to juggle for beginners is designed so you can learn to juggle.
This talk is part of a week-long series for AP Appreciation Week. There is a link to the series below. The idea behind AP Appreciation Week is two-fold. First, it is a time for companies and their managers to show their appreciation for their accounts payable team. And, secondly, it is the time when AP Now says thank you to the community of professionals that supports our mission. Thus, we try and provide information this week that will help each professional individually in meeting their career goals. [And in once case, we just want to have a little bit of fun.]
How to juggle is explained in three easy steps using three balls. This beginning juggling tutorial is created as an introduction to juggling. This broadcast will show you how to begin juggling, teach you the basics of juggling as well as some tips for getting started learning to juggle. Some might call it a Beginners Guide to Juggling and others might name it the Art of Juggling
Link to all AP Appreciation Week 2022 talks https://youtube.com/playlist?list=PLtL6rWSXZ-HekaIHKO1lQ9Cn8rpjfzGZG
Link to: AP Technology Week: Data, Technology and Careers https://youtu.be/4Aogvr9GsM8
Link to: Tom Flynn joins Mary Schaeffer to discuss Bullying and Toxicity and in the Workplace https://youtu.be/fPLFeqbmiTk
Link to: Tom Flynn joins Mary Schaeffer to discuss Bullying in the Schools and in the Workplace https://youtu.be/2dmunp2p_1U
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about SpendMend ( https://www.spendmend.com/ )
Learn more about AP Now at www.ap-now.com
Guest: Tom Flynn (https://www.linkedin.com/in/tomflynnpro/ )
Host: Mary Schaeffer (www.ap-now.com)
Technology, Data and Automation will all play a role in accounts payable as we take a look at the next few years. Wonder where you should be focusing your efforts and learning. This panel will help you narrow that down. But just how important is technology, data and automation? Can you be successful ignoring these issues? This distinguished panel of industry experts (Jen Samper, Mandy Jenkins and Dan French) explain why they believe these issues are critical to the success of any accounts payable organization. #technology #automation #accounts payable
This talk is part of a week-long series for AP Appreciation Week. There is a link to the series below. The idea behind AP Appreciation Week is two-fold. First, it is a time for companies and their managers to show their appreciation for their accounts payable team. And, secondly, it is the time when AP Now says thank you to the community of professionals that supports our mission. Thus, we try and provide information this week that will help each professional individually in meeting their career goals. [And in once case, we just want to have a little bit of fun.]
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Deepfake Frauds https://youtu.be/auzLsjDiTlo
Link to all AP Appreciation Week 2022 talks https://youtube.com/playlist?list=PLtL6rWSXZ-HekaIHKO1lQ9Cn8rpjfzGZG
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about SpendMend ( https://www.spendmend.com/ )
Learn more about AP Now at www.ap-now.com
Guest: Dan French https://www.linkedin.com/in/danfrench/
Guest: Mandy Jenkins (https://www.linkedin.com/in/mandy-jenkins-apam-312617a9/)
Guest: Jen Semper (https://www.linkedin.com/in/jennifer-samper-27813162/ )
Host: Mary Schaeffer (www.ap-now.com)
Many people think they don’t do any public speaking at work; most are wrong. Whether we like it or not, we all have to speak in public sometimes, even if it’s something as simple as a Zoom call. Likewise, many don’t think they need an Elevator, or Networking pitch. Correction: Everyone does and in this video we explain why. #networkingpitch #accountspayable #APWeek
Whether you work in accounts payable, accounting, P2P, audit, treasury or some other corporate function, the likelihood is that you have to do amount, of public speaking. We include in that definition the following: Zoom calls, staff meetings and presentations to management. AP Now's Mary Schaeffer is joined by Jamie Radford, CEO of the AP Association, a global organization headquartered in the UK.
This talk is part of a week-long series for AP Appreciation Week. There is a link to the series below. The idea behind AP Appreciation Week is two-fold. First, it is a time for companies and their managers to show their appreciation for their accounts payable team. And, secondly, it is the time when AP Now says thank you to the community of professionals that supports our mission. Thus, we try and provide information this week that will help each professional individually in meeting their career goals. [And in once case, we just want to have a little bit of fun.]
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to all AP Appreciation Week 2022 talks https://youtube.com/playlist?list=PLtL6rWSXZ-HekaIHKO1lQ9Cn8rpjfzGZG
Link to Can Quiet Quitting Ruin Your Career https://youtu.be/pNhJdvgH0MA
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about the AP Association (a global organization headquartered in the UK) https://ap-association.com/
Guest: Jamie Radford ( https://ap-association.com/ )
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
I love playing Wordle, but sometimes it can be really aggravating! Do you ever start strong on a round of Wordle, certain you are going to solve it in the third round .. and then it all gets away from you because there are too many choices. Let me share a few of the more aggravating rounds I’ve had playing Wordle, starting with Monday’s STING … and I’m not going to even comment too much on how I felt like the victim of a STING (bad joke).
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot. And then there are the little spoken-about Wordle tips. In fact, I’ve never seen one of them mentioned anywhere!
Wordle sometimes can be really frustrating! Do you ever start strong on a round of Wordle, certain you are going to solve it in the third round .. and then it all gets away from you because there are too many choices. You are not alone.
Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Watch Wordle Second Words https://youtu.be/IhKbe3Essqc
Watch all our Wordle Strategy videos https://youtube.com/playlist?list=PLtL6rWSXZ-Hc5DXw7YrnGSthw0Q3y1gf8
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Interested in learning more about issues impacting accounts payable. Sign up for AP
Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
Evolution in the Workplace over the last two years has been immense. The trends that have emerged [Great Resignation, Great Renegotiation, Quiet Quitting, Quiet Firing, The Great Pushback and Overemployment] are issues we never considered before, or at least before the pandemic hit. Can you imagine telling your boss in 2019 that you wanted to work remotely and you didn’t really care what the company policy was? Several of these phenomena, #quietquitting #greatpushback #overemployment, are new to the workplace
The workplace has changed a lot over the last two years. Great Resignation, Great Renegotiation, Great Pushback, Quiet Quitting, Quiet Firing and Overemployment (which is not about your boss overworking you) are all changing the way the workplace is viewed. It is almost like employers and employees are renegotiating the employment contract or agreement, with both having changed expectations.
How long the phenomena of Great Resignation, Great Renegotiation, Great Pushback, Quiet Quitting, Quiet Firing and Overemployment impact the workplace remains to be seen. But, at least for the current period, Great Resignation, Great Renegotiation, Great Pushback, Quiet Quitting, Quiet Firing and Overemployment are making an impact – even if it’s only to generate a lot of conversations and debates.
Link to Employee Game Playing [Stealing] https://youtu.be/yL_D7QlOLEI
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Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Controls that appear at first glance to provide excellent protection for your accounts payable process sometimes don’t. Don’t be fooled. What’s more, companies relying on them only learn that they don’t when the funds disappear. In this episode we look at 3 tactics commonly used by companies to protect against accounts payable fraud and duplicate payments that actually don’t work. #bestpractices in #accountspayable by their very nature incorporate strong #internalcontrols.
Accounts payable and accounting rely on strong internal controls to protect the organizations finances as well as its accounts payable proves. That’s why relying on internal controls that in reality don’t work can create issues for any accounting or accounts payable team.
When it comes to the accounts payable best practices, they start with strong internal controls across the entire procure-to-pay chain. This means avoiding practices that might be comfortable but in actuality provide no value. It’s important that everyone watching this recognize the fallacy in relying on the three tactics discussed in the video.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
This episode examines three tactics commonly used by companies to protect against accounts payable fraud and duplicate payments that in practice don’t work.
Link to: Worst Accounts Payable Practices [What to Do Instead] https://youtu.be/XGdbM5AiPf4
Link to AP in the Movies https://youtu.be/dec6bkMhmrE
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
How much times does your accounts payable team waste trying to figure out who approved an invoice that comes in without a purchase order number or name of the person who placed the order? What if I told you there’s a way to completely eliminate the headache? In this episode I’m going to share how to do that. Think this strategy won’t work in your organization? Stick around until the end when I share a real-life example of exactly how it was put into play at one company. Efficiency is critical in #accountspayable. #Invoiceswithoutinvoicenumbers are also real timewasters in #accounting.
Invoices without Purchase Order Numbers are terrible time wasters for the accounts payable staff. Addressing this issue of Invoices without Purchase Order Numbers is critical to accounts payable, accounting and audit groups who wish to become efficient and spend as little time as possible processing invoices. Invoices without invoice numbers are real time wasters in accounts payable and accounting.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Automation Headaches – and how to avoid them https://youtu.be/IlSK-BG5Xfw
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
The IRS reports there has been a significant increase in IRS-themed texting scams aimed at stealing personal and financial information. In this episode, we’ll explain how it works and how to protect against it. We’ll also share how you can help in this fight against fraud. It only take a tiny bit of effort on your part to be part of the solution. #textingscams or more specifically IRS-themed texting scams are a headache not only for the #accountspayable and accounting professionals we typically create broadcasts for but for every single person who owns a cell phone.
IRS Texting Scams and How to Protect against IRS Texting Scams is a hot topic as the number of these spammy texts is increasing. IRS-Themed Texting scams are just the latest in a long string of scams impacting innocent consumers. Learning how to avoid irs text message scams is an important skill. These frauds are referred to as smishing.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to: Change of Bank Account Requests: Prevent Fraud https://youtu.be/iBJDDrh3e0k
Link to Fraud Protection Playlist (all our Fraud Protection videos including Zelle Scams) https://youtube.com/playlist?list=PLtL6rWSXZ-Hd5PdNc1YUkSe5IT77nEVHe
Link to: IRS Impersonation Scam Reporting form https://www.treasury.gov/tigta/reportcrime_misconduct.shtml
Link to: FTC Complaint Assistant https://reportfraud.ftc.gov/#/?orgcode=IRS
Link to: Internet Crime Complaint Center www.ic3.gov
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Let’s talk about three vowels in a Wordle hand. This happens from time to time – and in fact, presented an odd scenario this week when playing Phoodle, a sister game to Wordle focused on food. In this unusual hand (or round, depending on what you call each Wordle game), I’ll share my thinking and then give you an opportunity to see if you would have guessed the answer quicker than I did. Make sure you stick around until the end when I reveal the hurdles or mindset issues that kept me from a faster solution. #wordle #phoodle #wordlestrategy
Wordle solutions do not always start with consonants. Some wordle solutions, as we’ll discuss start with vowels. To solve a wordle puzzle, the wordle player must be open to all different combinations of letters, for the Wordle solutions don’t always follow the same pattern.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot. And then there are the little spoken-about Wordle tips. In fact, I’ve never seen one of them mentioned anywhere!
Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Watch Wordle Strategy: Oversights
https://youtu.be/OjlVeJi7LFs
Watch all our Wordle Strategy videos https://youtube.com/playlist?list=PLtL6rWSXZ-Hc5DXw7YrnGSthw0Q3y1gf8
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Interested in learning more about issues impacting accounts payable. Sign up for AP
Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
Link to IRS TIN Matching [Secret Benefit] https://youtu.be/nLThLrjYgPM
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com Host: Mary Schaeffer (www.ap-now.com)
What do you do with the data related to accounts payable process three-way matches that go wrong, i.e., invoice, the purchase order and the receiving document don’t match? There’s a wealth of business intelligence in that data – if you choose to collect and analyze it. It can – and should – be used to drive process improvements across your entire procure to pay chain, not just your accounts payable function. In this episode we’ll show you why you should analyze the data and a rather simple way to do it and how to use this data to fix problems in your AP shop, in parts of purchasing and with your supplier’s billing group.
The data from failures of the three-way match in accounts payable from processing accounts payable invoices, should be tracked. An analysis of the data from the three way match in accounting or the three way match in accounts payable can provide valuable insights into not only the accounts payable process but the entire procure to pay chain.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to 3 Reasons Invoice Get Paid Twice https://youtu.be/uIAJ5V-q028
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Tips and insights are shared by everyday Wordle players – and one of them is absolutely mind-blowing. Can’t believe no one ever focused on these #Wordle issues before. The #WordleTips included are not discussed and present a unique, and winning way of looking at #Wordle puzzles.
Additionally, the talk shares insights on the biggest wordle aggravation, when most people play Wordle, how long Wordle players are willing to devote to a tough round of Wordle, and whether or not many have a standard second Wordle word when their standard first Wordle word doesn’t produce an adequate number of viable letters.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot. And then there are the little spoken-about Wordle tips. In fact, I’ve never seen one of them mentioned anywhere!
The tips and insights are shared by everyday Wordle players in this talk make it not only entertaining but also educational. Without out a doubt, I find it hard to imagine that no one ever focused on these Wordle issues before, but they are not mentioned in the popular press.
Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to the Wordle Don’t Forgets https://youtu.be/OjlVeJi7LFs
Link to Wordle Best Second Words https://youtu.be/IhKbe3Essqc
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Interested in learning more about issues impacting accounts payable. Sign up for AP
Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
IRS TIN Matching is a WONDERFUL program that the IRS makes available to the business community for FREE. Using the proprietary technology, IRS TIN Matching enables authorized payors to verify that they have a current name/TIN match on their 1099s BEFORE they file them. In this episode we’ll discuss exactly why you should be using IRS TIN Matching. Well also discuss the secret added benefits of using TIN Matching.
TINMatching #IRSTINMatching #accounts payable
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Link to Fraud Protection Strategy [Best Practice + Technology] https://youtu.be/7kW9NlXJxQo
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Protecting against fraud has become a top priority for many. Developing a Fraud Protection Strategy, especially around your payments, is not difficult to do. This 3-pronged approach will help every organization stop frauds, especially payment fraud, before the money leaves their bank account. #Fraud, and more specifically #paymentfraud, can be devastating to an organization. That’s why developing a fraud protection strategy is so important.
Fraud, whether perpetrated by an employee or a criminal not associated with a company can be devastating not only financially but also to the professional self-esteem to the person who feel for the scam. In a few cases the fraud has been so bad, the company has been forced into bankruptcy. The unfortunate thing in many, many of these cases, is the frauds could have been prevented in the company involved had employed the tactics discussed in this piece. A strong fraud protection strategy is critical for every organization – regardless of size.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Defending against payment scams has become a top priority for many. Creating a Fraud Protection Strategy, especially around your payment process, is not hard to do. This 3-pronged strategy will help every company stop scams, especially payment fraud, before the money leaves their bank account.
Link to Accounts Payable Movies [Fraud in the Real World] https://youtu.be/dec6bkMhmrE
Subscribe to this channel now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Hey Wordle Players – was this a hard week for you when playing Wordle? And btw, did the ny times pull a fast one on us this week? IMHO, all the words were hard, although the NY Times says BOOZE was the hardest word of the week. Stick around until the end when I discuss the matter regarding the NY Time. #wordle #wordlenytimes #wordlepuzzle
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to Wordle Strategy: Oversight (Don’t Forgets) https://youtu.be/OjlVeJi7LFs
Link to Wordle + Tips https://youtu.be/c_FeIM2gj6w
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Interested in learning more about issues impacting accounts payable. Sign up for AP
Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
Do you know how to share your Linkedin profile link? It’s not difficult – if you know how. This short will walk viewers through the few steps they need to know in order to get their LinkedIn profile link to share with others. #LinkedIn #LinkedInProfile #LinkedInProfileLink
Sharing your LinkedIn profile with colleagues, recruiters, potential employers and others is one way to grow your network. In fact, some folks include a link to their LinkedIn profile in their email signature. But, how to get that LinkedIn Profile Link. It’s not that straightforward. In this episode we walk the viewer step by step through the process of obtaining their LinkedIn profile link.
Today everyone is expected to have a LinkedIn profile and keep the LinkedIn profile updated. Most professionals do just that. They update their LinkedIn profile every time there is a change in their career, they get a new degree or certification or some other honor. Each person’s LinkedIn profile link is unique and there is no straightforward way to guess what someone’s LinkedIn profile link is. That’s why it’s a good idea to know how to get your own LinkedIn profile link to share with others. The LinkedIn profile is your professional online calling card, of sorts.
Link to How to Customize Your LinkedIn Profile Link https://youtu.be/8FxK-QgxNnQ
Link to How to Upload or Delete Your Resume on LinkedIN https://youtu.be/8FxK-QgxNnQ
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Accounts Payable control weaknesses – the nemesis of any accounts payable and accounting groups. There are few things worse professionally than having Accounts Payable control weaknesses discovered by auditors, especially if those discoveries lead to being written up in the Management Letter as a serious control concern. Don’t let the auditors find the accounts payable control weaknesses; find them yourself and fix them. In this episode we share five simple ways any organization can do just that. #Accounting and #accountspayable professionals who fix the #internalcontrol issues before #auditors find them, will not have to deal with the fallout of being included in the Management Letter.
Accounts payable processes focus on processing invoices and making payments. If there are any control weaknesses, the likelihood for duplicate payments and fraud skyrocket.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.
Accounts Payable control weaknesses are a huge issue for accounts payable and accounting groups. There are few things that could do more career damage than having Accounts Payable control weaknesses discovered by auditors, especially if those discoveries lead to being written up in the Management Letter as a serious internal control issue. By finding the accounts payable control weaknesses and fixing them before the auditors have a chance to, accounts payable and accounting professionals avoid a career landmine.
Link to Pop Quiz: Invoice Internal Controls https://youtu.be/xUpDs4erAls
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Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Do you know how to copy your Linkedin profile link so you can share your LinkedIn profile with others? It’s not difficult – if you know how. This short will walk viewers through the few steps they need to know in order to copy their LinkedIn profile link to share with others. #LinkedIn #LinkedInProfile #LinkedInProfileLink
Sharing your LinkedIn profile with colleagues, recruiters, potential employers and others is one way to grow your network. In fact, some folks include a link to their LinkedIn profile in their email signature. But, how to get that LinkedIn Profile Link. It’s not that straightforward. In this episode we walk the viewer step by step through the process of copying the LinkedIn profile link to share with others.
Today everyone is expected to have a LinkedIn profile and keep the LinkedIn profile updated. Most professionals do just that. They update their LinkedIn profile every time there is a change in their career, they get a new degree or certification or some other honor. Each person’s LinkedIn profile link is unique and there is no straightforward way to guess what someone’s LinkedIn profile link is. That’s why it’s a good idea to know how to copy your own LinkedIn profile link to share with others. The LinkedIn profile is your professional online calling card, of sorts.
Link to How to Customize Your LinkedIn Profile Link https://youtu.be/RgywIoTZXaU
Link to How to Upload or Delete Your Resume on LinkedIN https://youtu.be/8FxK-QgxNnQ
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Did you know that LinkedIn allows you to customize your LinkedIn profile link? In this episode we’re going to discuss why you might want to customize your LinkedIn profile link, how to customize your LinkedIn profile link as well as give you a few tips on what you might want to select as your customized LinkedIn profile link. We’ll also share a few examples of my colleagues’ links that work. #linkedIn #LinkedIncustomizedprofilelink #LinkedInprofilelink
While it’s not difficult, customizing the LinkedIn link will take a few steps – and some are not so obvious. But, the benefits of spending 10 minutes creating a customized LinkedIn profile link far outweigh the minor inconvenience of figuring out how to customize your LinkedIn profile link. Viewers are also advised to figure out what they would like their customized LinkedIn profile link to be before they get started. The video also demonstrates how to verify if the customized LinkedIn profile link chosen is already being used by someone else.
If you wonder why you might want to customize your LinkedIn profile link, we’ll discuss that in this video as well as provide detailed instruction on how to customize your LinkedIn profile link. Finally, the episode will share a few tips on what you might want to select as your customized LinkedIn profile link and what you might want to avoid.
Link to 3 Ways to Make Your LinkedIn Profile More Professional and Get More Job Offers https://youtu.be/HMP6SGPPQd0
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Yes, Bill Gates plays Wordle. As a matter of fact, some might say he is obsessed with Wordle is the great equalizer. Bill Gates demonstrated this recently when he wrote about his obsession with Wordle and shared some insights. Bill Gates titled his blog post on the subject; I Can’t Stop Playing Wordle. We understand why. #wordle #billgates #IcantstopplayingWordle
In this post he shares when he plays Wordle, his favorite Wordle starting words (that’s right, he doesn’t use the same one every day), his strategy and when he plays. He also shares how he manages to play more than one Wordle game each day.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot
Unsurprisingly, Bill Gates plays Wordle. There are those who might say he is obsessed with the game of Wordle, along with millions of others. Bill Gates talked about his lover of Wordle when he wrote about his obsession with Wordle and shared some insights.
Link to More Wordle Opportunities: Tips on Quordle, Dordle and Octordle https://youtu.be/vlOOcePTF1w
Link to Bill Gates Blog https://www.youtube.com/watch?v=yaINgeaUjik
Link to playlist of Wordle Tip videos (to help you improve your game) https://youtube.com/playlist?list=PLtL6rWSXZ-Hfn9N_qauQQy1XNsGD_qUEi
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1
Host: Mary Schaeffer (www.ap-now.com
Technology hacks and accounts payable productivity go hand in hand. What’s more, most of them are so simple anyone can use them. Many don’t require any spending and others require only a minimal amount of cash outlay. And you’ll get paid back many times over with the productivity enhancements to your accounts payable operation. #accountspayable #technology #accounting
Accounts payable productivity can often be enhanced by simple technology hacks. We describe 5 simple technology hacks any organization can make to its accounts payable process to enhance their accounts payable process. Whether harnessing the power of Excel hacks to improve the accounts payable process or making simple procedural changes, technology can make all the difference.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. Technology hacks and accounts payable productivity are a marriage made in heaven. Technology is the game changer for those best practice organizations that want to improve their accounts payable process.
Accounts payable processes using technology hacks will make your accounts payable productivity skyrocket.
Link to: Shopping for a New Automation Solution: Simple Features that Can Make a Huge Difference https://youtu.be/BK5CQDwj1Xw
Link to Using Conditional Formatting to Weed Out Duplicates https://youtu.be/ssdlMh79n4E
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Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Can quiet quitting ruin your career? Quiet quitting has raised up quite a dust storm of controversy. Those who really understand what quiet quitting is might be wondering why we’re even asking the question. But it is a fair one and we’ll attempt to answer it. #quietquitting #quietquittingwork #career
Ariana Huffington, Kevin O’Leary of Shark Tank fame, Wall Street Journal, Boston Globe and possibly even Elon Musk have all weighted in on Quiet Quitting. And most have not been big fans. In this episode we examine what business professionals can expect if they quiet quit their jobs. We also discuss again, what quiet quitting is and what quiet quitting is not and the difference between someone who quiet quits and someone who slacks off. By understanding the difference, perhaps we can dispel some of the controversy surrounding quiet quitting.
Quiet quitting is a new trend sweeping the corporate world as employees seek to get better control of their life work balance. As you might imagine, there are differing views on quiet quitting work. Not everyone sees it the same. Quiet quitting jobs has been going on for some time although few talk about it for attribution. Quiet quitting will probably be with us for a while as long as there is a shortage of qualified workers.
Quiet quitting is here and many are adopting the quiet quitting work approach. Quiet quitting is part of the great resignation which has been discussed extensively in the press.
Lessons Learned from Jeff Bezos https://youtu.be/tKNkkZZQqZU
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Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Extreme Wordle Results Revealed? Was it easy or brutal? Is Extreme Wordle (the game) a walk in the park or a real nightmare? Want to try your hand at Extreme Wordle? We’ll tell you when to halt the video so you can guess before we reveal the results.
Extreme Wordle is based on the widely popular game of Wordle, which has everyone talking. Extreme Wordle forces players to expand their powers of deduction and proves that it is possible to guess the right answer if you really, really focus. This broadcast explores some of the responses in the first published round and gives viewers the opportunity to match their skills against the best of the best.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Extreme Wordle, What is Extreme Wordle, where can I find it, how do you play Extreme Wordle and is Extreme Wordle difficult are questions dedicated wordle players are asking.
Link to Wordle Inference [Win in Fewer Rounds] or … if Sherlock Holmes Played Wordle https://youtu.be/jg-WdJ-TqZU
Link to playlist of Wordle Tip videos (to help you improve your game) https://youtube.com/playlist?list=PLtL6rWSXZ-Hfn9N_qauQQy1XNsGD_qUEi
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
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Host: Mary Schaeffer (www.ap-now.com )
Anatomy of an Invoice delves into the issue of what’s an invoice as well as examine some of the parts of the invoice critical to the accounts payable and accounting function when it comes to the accounts payable process for handling that invoice. The accounts payable process for invoice handling relies on a strong understanding of the parts of an invoice. An #invoice is the primary document used in #accountspayable and #accounting for making a payment.
The broadcast also delves into the parts of an invoice important to the accounts payable process for invoice handling examining concepts like line item detail, invoice date and what it means, payment terms and e-invoicing.
Link: New AP Best Practice on Receiving Invoices https://youtu.be/Ykg11XtV634
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used.
Anatomy of an Invoice examines the basic concept of what’s an invoice as well as taking a look at some of the parts of the invoice necessary to the accounts payable and accounting function when it comes to the accounts payable process for handling that invoice. The accounts payable process for invoice handling relies on a strong understanding of the parts of an invoice.
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Host: Mary Schaeffer (www.ap-now.com)
Have you updated your accounts payable process to include the newest best practice step? Are you using the best practice to receive invoice? If you are not following one simple, and relatively new step, you are probably using the almost best practice—and that could mean a lot of extra work for your accounts payable staff.
Accounts Payable Process: New Receiving Invoices Best Practices investigates New Receiving Invoices Best Practices that every organization using accounts payable best practices should implement immediately. Invoice best practices have been changing to meet the demands of fraud protection and organizational efficiency. Mary Schaeffer, a nationally-recognized accounts payable experts shares her reasoning behind this newest accounts payable best practice. For some, it will be a change to thier Accounts Payable Process as they relate to invoices. This newest invoice best practice should be adopted by all best practice organizations.
Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used.
Updating your accounts payable process to include this newest best practice step is smart and it will make your organization more operationally efficient. Every organization should be using this best practice to receive invoice. If you are not following one simple, easy, new step, you are probably using the almost best practice—and that could mean a lot of extra work for your accounts payable processors.
Link to Pop Quiz: Internal Controls (Invoices) https://youtu.be/xUpDs4erAls
Learn more about 127 Best Practices for Accounts Payable https://www.amazon.com/127-Best-Practices-Accounts-Payable/dp/1735100021
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Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Quiet quitting! What is quiet quitting? When I first saw the headline saying that as part of the Great Resignation, there was a trend towards quiet quitting. I couldn’t imagine what it was but when I did a little research, I found out that quiet quitting wasn’t what I thought it was and what’s more, I had tried it myself at one point, although it had no name when I tried it. #quietquitting #quietquittingjob #quietquittingwork
Quiet quitting is a new trend sweeping the corporate world as employees seek to get better control of their life work balance. As you might imagine, there are differing views on quiet quitting work. Not everyone sees it the same. Quiet quitting jobs has been going on for some time although few talk about it for attribution. Quiet quitting will probably be with us for a while as long as there is a shortage of qualified workers.
Quiet quitting is here and many are adopting the quiet quitting work approach. Quiet quitting is part of the great resignation which has been discussed extensively in the press.
3 ways to make your Linkedin Profile More Professional https://youtu.be/HMP6SGPPQd0
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Host: Mary Schaeffer (www.ap-now.com)
Wordle the party game is the wordle board game inspired by the popular online game of Wordle. The announcement they were working together to bring out a board game based on Wordle, or as the press release said “inspired by Wordle” was made In mid-July, the NY Times and Hasbro Inc. And they have! We’re here to share all the Wordle details as available today along with how you can pre-order the game. The game, called Wordle the Party Game, will allow you to compete against your friends, family and foes.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Wordle the party game allows Wordle lovers everywhere to compete against others. It can be played by multiple wordle players and wordle lovers can play more than one round each day. Wordle, the party game or the board game version of Wordle will allow those who are passionate about the game to play with their friends, instead of playing the game alone.
Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to Wordle + Tips https://youtu.be/c_FeIM2gj6w
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Interested in learning more about issues impacting accounts payable. Sign up for AP
Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
Worst accounts payable practices and what to do instead examines 3 common accounts payable practices that no one should be using. Worst practices in accounts payable, a dirty little secret no one likes to talk about. But truth be told, these worst accounts payable practices are in place in more organizations than you might imagine. These worst accounts payable practices are the antithesis of best practices, i.e. they both loosen accounts payable internal controls and they facilitate fraud. #accountspayable #accountspayablebestpractices #accountspayableworstpractices
The accounts payable worst practices discussed should not be used as the demonstrate weak controls and facilitate fraud. That’s why in this video, we suggest the alternative accounts payable best practices that should be used in place of these accounts payable worst practices. Worst practices in accounts payable are rarely talked about because no one likes to admit that they are using less-than-optimal practices in their accounts payable operations, especially when that results in fraud and additional work and potential Sarbanes Oxley violations.
Worst accounts payable practices and what to do instead takes a look at a few prevalent accounts payable practices that no one should be using. That is, they are accounts payable worst practices.
Link to How Your Employees Steal from You and How to Stop It https://youtu.be/yL_D7QlOLEI
Is that Change of Bank Account Request Legit? https://youtu.be/8hXIrdYmKgs
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Host: Mary Schaeffer (www.ap-now.com)
Expense Reporting Games when Employees Allowed to Use Their Own Cards
Questionable Expense Reporting Habits https://youtu.be/h2QtD4X0NFk
Are you worried about identity theft and the IRS? It’s understandable. But you no longer need to worry. The IRS has a program, the IRS Identity Protection PIN Opt-In Program, that will protect you. We’ve got the basic details you need to protect yourself. With identify theft on the rise, many feel the need to protect themselves, especially when it comes to tax-related identity theft. #IRSIdentityProtectionPIN #IdentityProtectionPIN #IPPIN
In this program we address the issues of What is the IRS Identity Protection Opt-In program, what is the IRS Identity Protection PIN, Why would you want an IP Pin, How to you get an IP PIN, does everyone have to get an Identity Protection PIN, how to get your own IP PIN, Is the IP PIN good forever and how to I find my new IP PIN.
Those who are concerned about identity theft and the IRS can avail themselves of a program run by the IRS to protect them against this growing insidious tax fraud related to identity theft. This video addresses common questions individuals have about the IRS Identity Protection PIN Opt-In program, how it protects them and how they can participate. Identity theft is a very real concern and one the IRS has addressed with this new program.
Link to Accounts Payable Tax Reporting: IRS 1099 Rumors https://youtu.be/hnZ7XqvrLUM
This update travel 2022 has expense reporting implications. It is based on my experiences on 3 trips in 4 weeks to 6 different cities, half US domestic; half international. I’ll share what I found on common issues, related to expense reporting, what your travelers can expect and most importantly, their impact on expense reporting and what you can expect to see on your employees’ expense reports.
Update travel 2022 discusses the expense reporting implications of your employees’ travel. This update travel 2022 investigates the expense reporting implications. It takes a look at travel requirements going back to USA. Using real-life examples, the broadcast discusses the time to check in at airport. There is also a discussion of the mandatory resort fee, daily cleaning hotel rooms and general staffing. The issue of contact tracing forms and what your travelers can expect is addressed.
It also addresses in details what US folks can expect when coming back to the US after travel to another country. While the mandatory resort fee seems to have disappeared for the time being, there are a host of other fees that are starting to pop up on hotel bills around the world. As tourism rebounds, travelers can expect these fees to explode.
Link to Before Traveling to France 2022: EU PLF https://youtu.be/tU2MXgVznJo
Host: Mary Schaeffer (www.ap-now.com)
The truth about starting words for wordle is they make a big difference. Some of the worst starting words used by some are actually terrible. And these worst wordle starting words are used more frequently than you might imagine. In this short session we’ll identify 10 really poor wordle starting words and explain why from a Wordle strategy standpoint, these wordle starting words are not a good choice. #wordle #bestwordlestartingword #worstwordlestartingword
The Truth about Starting Words or rather the truth about starting words for Wordle is that there are Worst wordle starting words. The wordle starting words are an important part of any wordle strategy. Using a worst wordle staring word is likely to set your wordle game play off on the wrong foot. A bad wordle starting words will not help you win more wordle. You wordle starting word strategy should not involve a weak starting word which is a bad wordle strategy. Taken alone, a worst wordle strategy is to use a weak starting word.
Wordle is the game where you are given six chances to guess one five letter word. If you are careful about it you have a good chance of winning. The reality about starting words for wordle is they can make a huge difference. Some of the worst starting words used by some are actually quite bade. And these worst wordle starting words are used more often than you might imagine.
Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to Wordle Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Interested in learning more about issues impacting accounts payable. Sign up for AP
Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
If you never heard of the European Digital Passenger Locator Form, join the club. I learned the hard way and I’m hoping my experiences will help you, as well as your international travelers, If you are traveling to France, for any reason, you need to know about this form – before you go! This session might be titled, “What you need to know about EU PLF?” #EUPLF #dPLF #EuropeanDigitalPassengerLocatorForm
Before traveling to France, you will need to fill out a European Digital Passenger Locator Form, sometimes referred to as a dPLF. This form will also need to be filled out if you are going to Malta or Slovenia. When traveling to France, each family will need to fill this out. This is the case when traveling to France 2022. In this video we share who has to complete the European Digital Passenger Locator Form as well as where it can be found.
This online form, the European Digital Passenger Locator Form, has to be filled out before a traveler going to France, Malta or Slovenia can check in. The information required isn’t extensive but must be put on the form in the exact format asked for. There is no room for variances. You cannot board a flight to France from the United States until this form is filled out.
The European Digital Passenger Locator Form is a requirement for international travel to France, Slovenia and Malta as of July 2022.
Link to Funny Expense Reimbursement Stories https://youtu.be/UyViUb0v9PE
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer www.ap-now.com
We’ve got some facts about Zelle Scams, Zelle fraud in 2022. We’re here with Lynn Larson to share this newest twist on current Zelle scams. Plus, she’ll do a quick review of some of the other ways Zelle scams are perpetrated.
As Zelle accounts become more popular, crooks looking to get their hands on your money are getting more innovative and creative. In this episode we discuss yet another innovation criminals are using to defraud ordinary citizens of their hard-earned money. They are doing this using Zelle.
Zelle payments or payments made using the Zelle app are sometimes referred to as Instant Payments or Real Time payments. Although many sign up for Zelle through their bank, the bank does not have ultimate responsibility for these accounts. This has led to a lot of heartache and complaints when there was a fraud or scam perpetrated using a Zelle account.
Don’t let the Zelle dream turn into a Zelle nightmare, because you fell for one of the many Zelle scams. In this episode we review a number of ways crooks are scamming ordinary citizens who just happen to be Zelle users. This handy payment app makes it easy to transfer money from person to person simply by using an app on your phone. But without the proper care and controls, the app can become a nightmare. We take a look at some safety precautions every Zelle user should take to ensure they don’t get Zelle scammed. Stick around until the end when we share an often-overlooked Zelle safety precaution.
Listen to Lynn Larson’s longer explanation of Zelle Frauds https://youtu.be/L02mUitjsKc
Guest: Lynn Larson (recharged-education.com)
Host: Mary Schaeffer (www.ap-now.com)
Do you set up one-time vendors in the master vendor file? How do you handle these vendors in the master vendor file? We’ve got five possible solutions, none are perfect. Which you select will depend on your philosophy and how many purchases your organization makes from one-time vendors. What should #accountspayable do with a #onetimevendor in the #mastervendorfile?
What to do with vendors who you are only going to do business with once is a tricky question? Do you set them up in the master vendor file or not? There are pros and cons to both setting up the vendor in the master vendor file and not setting up the one-time vendors and clogging the master vendor file. One-time vendors present a really tricky issue. How you handle them will depend largely on philosophy and how many you have. Clearly this is a different issue for the company that gets only a handful of one-time vendors compared with those who have hundreds if not more one-time vendors each year.
There are many ways to handle one-time vendors in the master vendor file. None of them are perfect, unless perhaps you only have a few each year. But for the majority of the companies out there who have a bucketload, the problem is less that clear.
Link to Fraud in the Vendor File: How to Stop It https://youtu.be/6r9I5d-li-U
Host: Mary Schaeffer (www.ap-now.com)
Whether you are going to start an ap automation project, an invoice automation project, a p2p automation project are some other automation initiatives, avoiding these 3 simple mistakes could mean the difference between success and failure of your project. Yet, it is amazing how many companies ignore these issues.
3 Automation Mistakes: Shooting Yourself in the Foot focuses on 3 Automation Mistakes commonly made by companies starting an automation project. These invoice automation mistakes or invoice automation errors are the invoice automation pitfalls that result in a project that should have been a success actually failing.
These automation pitfalls are easily avoidable, if you know where to start. The accounts payable automation mistakes are similar. Unfortunately, accounts payable automation pitfalls or p2p automation mistakes result in a less-than-optimal outcome for the ap automation project. Mary Schaeffer, AP Now’s founder and a nationally recognized accounts payable expert, explains how you can avoid these problems.
Regardless of whether you are going to start an ap automation project, an invoice automation project, a p2p automation project or some other automation initiatives, avoiding these 3 simple mistakes could mean the difference between a winning and losing project. Yet, it is amazing how many companies don’t understand these very basic issues and end up with a sub-par result.
Link to 9 Reasons Why Your Automation Project Fails: Vendor Issues https://youtu.be/Z3oITKT0LR0
Looking to take your Wordle game to the advanced level? It’s not that hard. In this short Wordle video we have five Wordle tips that will help you do just that. Once you’ve played a few rounds of Wordle and have the knack of the #Wordle game, you probably want to improve your game a little, especially if it doesn’t involve much effort. We’ve got 5 advanced Wordle tips in this short video or podcast. #Wordletips for #AdvancedWordle players shows you how.
Whether your just getting started with Wordle, or have been playing wordle for a while, these advanced wordle tips will help you win faster and leave you feeling less aggravated. 5 advanced Tips [that will benefit experts as well] shares 5 simple strategies that any wordle player of any level of expertise can take advantage of. These Wordle r tips will help both the beginner and the expert, structure their game so as to win in fewer rounds without aggravating themselves too much.
Wordle tips for advanced players provides insights that will help the Wordle player achieve Wordle success without too much stress. Wordle tips, whether you are just getting started or have been playing for a while, takes some of randomness out of the way a player might approach a Wordle round by giving them a Wordle framework to operate in. These wordle strategies address several key components of the wordle game, a game that is loved and played by millions. The very best wordle tips will take the wordle player to the advanced level within playing their first few hands.
Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.
Follow me on Twitter: @MarySSchaeffer
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to How to Always Win Wordle in Fewer Rounds https://youtu.be/20eVJ7gNnAw
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
AP Technology Week had five sessions focuses on Fraud, Data, Invoice Automation, AP Automation and Payments.
Some of the issues discussed in data session include advice to younger self, how to learn about the latest technology, misconceptions about technology and what it can do, changes coming in the next few years likely to impact careers, data and dark data, insights that can be extracted from data, Excel and the best career advice related to technology and data the B2B community needs to hear.
Some of the issues discussed in the fraud session include the biggest fraud innovations, the most bizarre frauds, the most frustrating thing panelists see companies ignoring when it comes to fraud protection, pink collar crime, Friday fraud, fraud and scams involving instant payments and real time payments, frauds involving the master vendor file, or the master supplier file, internal or employee fraud, sometimes referred to as occupational fraud, credit card or p-card fraud including weak practices that facilitate fraud and of course, the best fraud protection advice the B2B community needs to hear.
Some of the issues discussed in this session include a discussion of common misconceptions about different payment tools, a discussion about some of the change that has occurred in the payment space over the last few years, an in-depth discussion on the finality of payment issue, tips on moving away from paper checks, the obstacles companies encounter when trying to move to new payment tools, what the business community can expect from the payment world in the next few year and the best advice related to payments the B2B community needs to hear.
Accounts Payable Technology Week is devoted to discussing the most current issues related to AP and P2P and technology. One of the ways professionals can stand out from the crowd is to learn how to get the most out of whatever AP automation solution their organization selects.
Some of the issues discussed in the AP Automation session include the biggest innovation in AP automation, the issues impacting the success of an accounts payable automation project, the lack of utilization of some AP automation solutions and what you can do to improve usage, the importance of having someone from accounts payable eon the team that selects an AP automation solution, advice for those just starting the AP automation jourvey and what the business community can expect from AP Automation service providers in the next few years.
Playlist of the 2022 AP Technology Week Sessions https://youtube.com/playlist?list=PLtL6rWSXZ-HeTeFa4eBOVeHvE2NbY4KEz
Host: Mary Schaeffer (www.ap-now.com)
Vowels are critical when playing Wordle. But should you start with a word with 4 vowels, or 3 vowels or 2 vowels? And which ones? In this episode we delve into the role vowels play in Wordle. Wordle is the extremely popular game where you are given six chances to guess one five letter word. The correct responses are all based on the American spelling. If you are very careful when you play you have a very good chance of winning. #wordle and how many #Vowels the #wordlestarting word has in it is a critical question for many.
Wordle is the game where you are given six chances to guess one five letter word. If you are careful about it you have a good chance of winning. This video focuses on whether to use a starting word with 4 3 or 2 vowels. What is the best starting Wordle word? Is it one with 4 vowels or 3 vowels or 2 vowels. And once you’ve decided how many vowels are optimal, which vowels should be in that word and what about the other letters.
The Wordle starting word sets the player on the road to success or failure. And making sure the Wordle starting word has what the player considers to be the optimal number of vowels in it is part of that decision. Are some vowels better choices than others? Absolutely. In this broadcast we reveal which vowels will give you the best chance of winning Wordle.
Follow me on Twitter: @MarySSchaeffer
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to Wordle Best Second Word https://youtu.be/IhKbe3Essqc
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Interested in learning more about issues impacting accounts payable. Sign up for AP
Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com )
Do you speak accounts payable? Do you know what all the accounts payable terms or accounts payable abbreviations stand for? In this very short video we share 20 abbreviations or short cuts used in the accounts payable function and reveal what they mean. #Accountspayable, like many other #accounting functions has a language all its own, filled with jargon and special lingo. While we all know we shouldn’t use it, as it confuses others, somehow, it manages to slip in.
The accounts payable lingo or the accounts payable terminology is often strange to those who don’t use it everyday. That’s why we advise people not to use it, but somehow, many (myself included) can’t help ourselves and the accounts payable jargon we are all so familiar with slips in. That’s why we should ask outsiders, “do you speak accounts payable” before slipping into the accounts payable lingo or accounts payable jargon. It’s like accounts payable has a language of its own. Who knew there were so many different areas.
List of terms explained: 1. AP 2. P2P 3. ERS 4. T&E 5. ACH 6. P-card 7. TIN 8. W-9 9. 1099 10. AI 11. RPA 12. DPO 13. S-OX 14. SUT 15. VAT 16. YE 17. YTD 18. ME 19. P&L 20. 2/10 net 30
Link to watch Who Knew AP Was So Complicated (30 Topics) https://youtu.be/UGFaUkiNPP0
Hiring questions you should NEVER ask! Ask these questions and you could be exposing your organization to big liabilities. The rules are changing as to what you can ask and what you can’t. HR expert Barbara Mitchell agreed to join the AP Now platform to explain some of the new rules. #interviewquestionsnottoask #interview #accountspayable
What was a perfectly respectable question just a few short years ago, today is an interview questions not to ask a candidate. And the rules are changing every day. So what was acceptable in your state just a few months ago, today in on the list of interview questions not to ask. A good rule of thumb is to ask yourself before asking a question, do I need this information to determine if the person can do the job. If the answer is no or probably not, you might want to consider adding it to the list of interview questions to avoid asking.
Bad interview questions are often asked out of ignorance, but that doesn’t mean you won’t be asked. You might want to plan a little ahead of time about illegal interview questions and how to answer them. One of the biggest issues currently revolves around salary. You might want to plan ahead how to respond to salary questions in an interview so when someone asks inappropriate interview questions, you have an answer and are not left there staring that they even asked.
For additional information about the Big Book of HR (and to purchase) www.bigbookofhr.com
Link to Career Killers: 3 Big Fears that Can Ruin Your Accounting Career https://youtu.be/lE7SPjN2wiY (254)
Guest: Barbara Mitchell (www.bigbookofhr.com) Host: Mary Schaeffer (www.ap-now.com)
Most people don’t usually think that accounts payable would make an interesting movie. Luckily, Hollywood, Leonardo Di Caprio and Willie Garson, Matt Bomer didn’t agree. We’ve got three movies that were based on real-life episodes (of fraud) that we’d like to share with you. They are instructive in that they demonstrate how the frauds were committed and you can easily see how they could have been prevented. Embezzlement is key in only some of these. #accountspayable #movies #fraud
Real life frauds happen because certain best practices are not used. These movies demonstrate that the lack of appropriate best practices can and does lead to fraud. The movies and or documentaries cover real life frauds and show how real life people stole from the companies where they worked. The broadcast also discusses best practices that would have prevented these frauds from occurring.
The broadcast also reveals where listeners and viewers can find these movies and watch them themselves. One of them was only released towards the end of 2021. The others have been around for a while. Whenever Hollywood decides to make a movie or documentary around something that happened in accounts payable, you know you’ll have a great piece of entertainment. They are instructive in that they demonstrate how the frauds were committed and you can easily see how they could have been prevented.
Watch AP Internal Controls: People https://youtu.be/57oT9nYn4_8
Host: Mary Schaeffer( www.ap-now.com)
Zelle Scams, Zelle fraud, A new twist on Zelle fraud, these headlines seem to be everywhere. We’re here with this special update on the newest twist on current Zelle scams. Zelle accounts are becoming more popular and as they do, crooks looking to get their hands on your money are getting more innovative. In this episode we discuss the latest twist or innovation criminals are using to defraud ordinary citizens of their hard earned money. They are doing this using Zelle.
Zelle payments or payments made using the Zelle app are sometimes referred to as Instant Payments or Real Time payments. Although many sign up for Zelle through their bank, the bank does not have ultimate responsibility for these accounts. This has led to a lot of heartache and complaints when there was a fraud or scam perpetrated using a Zelle account.
Don’t let the Zelle dream turn into a Zelle nightmare, because you fell for one of the many Zelle scams. This handy payment app makes it easy to transfer money from person to person simply by using an app on your phone. But without the proper care and controls, the app can become a nightmare. Recent stories in the press reveal how the app was used to scam college students and others out of thousands of dollars. Let’s take a look at some safety precautions every Zelle user should take to ensure they don’t get Zelle scammed. Stick around until the end when we share an often-overlooked Zelle safety precaution.
Listen to Lynn Larson’s longer explanation of Zelle Frauds https://youtu.be/L02mUitjsKc
Guest: Lynn Larson (recharged-education.com)
Host: Mary Schaeffer (www.ap-now.com)
WORDLE FAQs or Wordle frequently asked questions are addressed here in this video. The Wordle game has taken over the Internet with players from countries around the world playing it. New players as well as veterans still have many questions, which is why we made this video entitled Wordle FAQs. People ask about what is Wordle, who owns #Wordle, is wordle free, where can I play wordle, where can I play wordle more than once a day, what is the best wordle strategy, what is the best Wordle first word and more. The #WORDLEFAQS are addressed in this very short piece. #Wordlestrategy is another topic discussed hotly on the Internet.
We decided to make this video to answer all the different Wordle questions in one place, making it easy for viewers to find the information they want about Wordle.
Questions answered include:
- What is Wordle?
- How do you play Wordle?
- Who created Wordle?
- Who owns Wordle?
- Has Wordle gotten harder since the NY Times purchased it?
- Is Wordle free?
- Is there a new Wordle every day?
- Who’s the most famous Wordle player?
- Can you play Wordle more than once a day?
- Is there a secret Wordle strategy to winning every day?
Follow me on Twitter: @MarySSchaeffer
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Interested in learning more about issues impacting accounts payable. Sign up for AP
Now’s free ezine at: www.ap-now.com
Link to Wordle Secret Winner Tactic https://youtu.be/E5EbN23ZOYY
Link to Wordle Best First Word Revisited https://youtu.be/4FY28GWPddI
Host: Mary Schaeffer (www.ap-now.com )
Accounts Payable Process: Three-Way Match Accounting answers the basic question what is the three-way match and what are you supposed to match. The Three-Way Match is the foundation for the accounts payable function and sometimes the accounting function, as well. It involves matching quite a few issues such as price, quantity, etc.
Accounts payable and accounting best practices absolutely always include a three-way match. The accounts payable process, if it includes accounts payable best practices, also includes a three-way match. It is considered a strong #accountspayable internal controls and all #accounting professionals recommend it. #threewaymatch
The three-way match concept is an old approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and the receiving document and is a strong accounts payable internal control.
Link to What You Need to Know to Work in Accounts Payable https://youtu.be/UGFaUkiNPP0 [260]
What do you match in the three way match in the accounts payable or accounting process? Are you looking to match the price or the quantity asked a podcast viewer? Both, I replied, and a lot more.
Fraud through the vendor file. Most business professionals never think the weak master vendor file practices can facilitate fraud and thus don’t prevent it. Whether you call it the vendor file, the supplier file, the master vendor file or the vendor master file, the outcome is the same. #Fraud facilitated by poor practices related to the #mastervendorfile happens more frequently than you might imagine. These weak practices sometimes also enable duplicate #payments.
The issue of Fraud in the Vendor File and How to Prevent It is one that is frequently overlooked and thus Vendor file fraud is allowed to flourish. Frauds in the Vendor File happen everywhere if you don’t know how to Prevent Them. Learning how to detect vendor fraud is not difficult, especially with common vendor fraud schemes that are not overly sophisticated. Usually, fraud facilitated by weak master vendor file practices is a type of occupational fraud.
Link to Fraud Protection Roundtable Discussion https://youtu.be/CqEPqoO-n_I
Link to Password Stupidity https://youtu.be/ChiqWwJ-DIo
Master vendor file and fraud and be prevented by using master vendor file best practices and regularly reviewing changes made to the vendor file. The master vendor file function is often not given the attention it deserves, making the vendor master file prone to the mal intentions of fraudsters. The supplier file is used for making payments. Ideally, the master vendor file and separation of duties are strong. Changes to the master vendor file should be verified to prevent accounts payable fraud. The techniques used to prevent vendor file fraud will also put a damper on duplicate payments.
Host: Mary Schaeffer (www.ap-now.com)
What’s A Unicorn in Business? [Unicorn Companies and Unicorn Startups]
What’s a unicorn in business? There’s great interest in unicorn companies and unicorn startups. Suddenly everywhere you turn your hearing and reading about unicorns in business, unicorn companies and unicorn startups. This broadcast explains what a unicorn in business is, why unicorn startups are so desirable and gives a quick rundown on the status of unicorns in the business world in 2022. #unicorn #unicorninbusiness #unicorncompanies
What's a unicorn in business is a frequently asked question along with what is a unicorn company? Unicorns in business have been discussed in the popular press for some time, often without a precise definition. This broadcast attempts to shine some clarity on the definition or explanation of what’s a unicorn. The number of unicorn companies and unicorn startups have been growing each year.
In 2022 unicorn companies are all the rage and new unicorn startups 2022 are even more popular. Any company lucky enough to be considered a unicorn is well on its way to success. The broadcast also identifies some of the unicorns that provide services to the AP and P2P community.
Link to Verifying Change of Bank Account Requests https://youtu.be/iBJDDrh3e0k
Host: Mary Schaeffer (www.ap-now.com)
Ransomware explained; what ransomware is, it how ransomware works and how to protect against a ransomware attack. That’s what we’re here to discuss. The topis is of such broad interest that John Oliver discussed ransomware on Last Week Tonite a number of months ago. A #ransomewareattack can do serious financial damage to an organization. A ransomware attack is a form of #fraud and as such steps need to be taken to protect the organization. #ransomwaretips
What is ransomware is a question frequently asked by those who have heard the term ransomware but aren’t exactly sure what it means. The want to know how ransomware works, and more importantly, how you can protect against a ransomware attack. That is why it is so important that everyone understand and why we offer this tutorial on ransomware explained, as well as a ransomware attack explained.
Most importantly, the guest offers ransomware protection advice including what to do if your organization is a victim of a ransomware attack as well as what steps everyone can take to protect themselves. What ransomware is, how ransomware works and how to protect against a ransomware attack are all covered in this broadcast.
The guest on this session is Vic Hartman, retired FBI agent and author of The Honest Truth about Fraud
Link to YT video on The Honest Truth about Fraud https://youtu.be/NUIxIc4ZXY8
Information about/purchase book: The Honest Truth about Fraud (https://hartmanfirm.com/author/)
Guest: Vic Hartman (https://hartmanfirm.com/ ) Host: Mary Schaeffer (www.ap-now.com )
This AP Technology Week session focuses on Invoice Automation. The panel discusses AP Automation, innovation in accounts payable automation, tips on AP automation projects and insights on accounts payable automation project. This is part of AP Now’s Accounts Payable Technology Week which is designed to bring the accounts payable, accounting, P2P and payments community together to discuss all things related to technology and its impact on the AP, P2P and payment functions. This session of #APTechWeek focuses on #APautomation as it relates to the #accountspayable function and the role AP Automation will play in the future of accounts payable departments everywhere.
Some of the issues discussed in this session include the biggest innovation in AP automation, the issues impacting the success of an accounts payable automation project, the lack of utilization of some AP automation solutions and what you can do to improve usage, the importance of having someone from accounts payable eon the team that selects an AP automation solution, advice for those just starting the AP automation jourvey and what the business community can expect from AP Automation service providers in the next few years.
Learn more about AppZen at www.appzen.com
Accounts Payable Technology Week is devoted to discussing the most current issues related to AP and P2P and technology. One of the ways professionals can stand out from the crowd is to learn how to get the most out of whatever AP automation solution their organization selects.
Playlist of the 2022 AP Technology Week Sessions https://youtube.com/playlist?list=PLtL6rWSXZ-HeTeFa4eBOVeHvE2NbY4KEz
Playlist of the 2021 AP Technology Week Sessions https://youtube.com/playlist?list=PLtL6rWSXZ-HfvKQrScgUdpa3thmmRqg3s
Guest: Anant Kale (www.appzen.com ) Guest: Jamie Radford (https://ap-association.com/ )
Host: Mary Schaeffer (www.ap-now.com )
This AP Technology Week session focuses on Accounts Payable Automation, or AP Automation, AP automation software, AP automation app. The panel discusses AP Automation, innovation in accounts payable automation, tips on AP automation projects and insights on accounts payable automation project. This is part of AP Now’s Accounts Payable Technology Week which is designed to bring the accounts payable, accounting, P2P and payments community together to discuss all things related to technology and its impact on the AP, P2P and payment functions. This session of #APTechWeek focuses on #APautomation as it relates to the #accountspayable function and the role AP Automation will play in the future of accounts payable departments everywhere.
Some of the issues discussed in this session include the biggest innovation in AP automation, the issues impacting the success of an accounts payable automation project, the lack of utilization of some AP automation solutions and what you can do to improve usage, the importance of having someone from accounts payable eon the team that selects an AP automation solution, advice for those just starting the AP automation jourvey and what the business community can expect from AP Automation service providers in the next few years.
Learn more about AppZen at www.appzen.com
Accounts Payable Technology Week is devoted to discussing the most current issues related to AP and P2P and technology. One of the ways professionals can stand out from the crowd is to learn how to get the most out of whatever AP automation solution their organization selects.
Playlist of the 2022 AP Technology Week Sessions https://youtube.com/playlist?list=PLtL6rWSXZ-HeTeFa4eBOVeHvE2NbY4KEz
Playlist of the 2021 AP Technology Week Sessions https://youtube.com/playlist?list=PLtL6rWSXZ-HfvKQrScgUdpa3thmmRqg3s
Guest: Matthew Wright (www.appzen.com ) Guest: Jen Samper (https://www.linkedin.com/in/jennifer-samper-27813162/) Guest: Mandy Jenkins (https://www.linkedin.com/in/mandy-jenkins-apam-312617a9/ )
Host: Mary Schaeffer (www.ap-now.com )
This AP Technology Week session focuses payments and the changes and innovations bombarding the business word. The panel discusses payment innovation and the strategic move away from paper checks. This is part of AP Now’s Accounts Payable Technology Week which is designed to bring the accounts payable, accounting, P2P and payments community together to discuss all things related to technology and its impact on the AP, P2P and payment functions. This session of #APTechWeek focuses on #paymments as they relates to the #accountspayable function. Included in the discussion are paper checks, wire transfers, digital payments (crypto), company credit cards, instant payments (real time payments) ACH and wire transfers.
Some of the issues discussed in this session include a discussion of common misconceptions about different payment tools, a discussion about some of the change that has occurred in the payment space over the last few years, an in-depth discussion on the finality of payment issue, tips on moving away from paper checks, the obstacles companies encounter when trying to move to new payment tools, what the business community can expect from the payment world in the next few year and the best advice related to payments the B2B community needs to hear.
Accounts Payable Technology Week is devoted to discussing the most current issues related to AP and P2P and technology. One of the ways professionals can stand out from the crowd is to learn how to use the best payment tool for each different type of payment situation.
Lynn Larson discussing Zelle Fraud https://youtu.be/L02mUitjsKc
Lee Ann Perkins discussing Digital Payments (Crypto) https://youtu.be/I45FEn0vnI8
Rob Unger discussing Real Time Payments https://youtu.be/jKgmu-fye_E
Playlist of the 2022 AP Technology Week Sessions https://youtube.com/playlist?list=PLtL6rWSXZ-HeTeFa4eBOVeHvE2NbY4KEz
Playlist of the 2021 AP Technology Week Sessions https://youtube.com/playlist?list=PLtL6rWSXZ-HfvKQrScgUdpa3thmmRqg3s
Guest: Lynn Larson (https://www.recharged-education.com/ ) Guest: Lee Ann Perkins (www.thepassionatetreasurer.com ) Guest: Rob Unger (https://www.spendmend.com/ )
Host: Mary Schaeffer (www.ap-now.com)
This AP Technology Week session focuses on fraud protection. The panel discusses technology data and careers in accounts payable and P2P, procure to pay. This is part of AP Now’s Accounts Payable Technology Week which is designed to bring the accounts payable, accounting, P2P and payments community together to discuss all things related to technology and its impact on the AP, P2P and payment functions. This session of #APTechWeek focuses on #dataanalytics as it relates to the #accountspayable function and the role data and technology play in careers and career advancement in accounts payable.
Some of the issues discussed in this session include advice to younger self, how to learn about the latest technology, misconceptions about technology and what it can do, changes coming in the next few years likely to impact careers, data and dark data, insights that can be extracted from data, Excel and the best career advice related to technology and data the B2B community needs to hear.
Accounts Payable Technology Week is devoted to discussing the most current issues related to AP and P2P and technology. One of the ways professionals can stand out from the crowd is to learn how to use technology to extract insights from the data that resides in the ERP systems of all organizations.
Playlist of the 2022 AP Technology Week Sessions https://youtube.com/playlist?list=PLtL6rWSXZHeTeFa4eBOVeHvE2NbY4KEz
Playlist of the 2021 AP Technology Week Sessions https://youtube.com/playlist?list=PLtL6rWSXZHfvKQrScgUdpa3thmmRqg3s
Guest: Jamie Radford (https://ap-association.com/ ) Guest: Tom Flynn (https://www.spendmend.com/ ) Guest: Dan French (https://www.consider.biz/ )
Host: Mary Schaeffer (www.ap-now.com)
This AP Technology Week session focuses on fraud protection. The panel discusses fraud, fraud protection and shares some insightful fraud stories. This is part of AP Now’s Accounts Payable Technology Week which is designed to bring the accounts payable, accounting, P2P and payments community together to discuss all things related to technology and its impact on the AP, P2P and payment functions. This session of #APTechWeek focuses on #paymentfraud protection as it relates to the #accountspayable function.
Some of the issues discussed in this session include the biggest fraud innovations, the most bizarre frauds, the most frustrating thing panelists see companies ignoring when it comes to fraud protection, pink collar crime, Friday fraud, fraud and scams involving instant payments and real time payments, frauds involving the master vendor file, or the master supplier file, internal or employee fraud, sometimes referred to as occupational fraud, credit card or p-card fraud including weak practices that facilitate fraud and of course, the best fraud protection advice the B2B community needs to hear.
Accounts Payable Technology Week is devoted to discussing the most current issues related to AP and P2P and technology. Alas, criminals use technology to facilitate many of their frauds. Increasingly they use social media as well. This is also discussed.
Each of the panelists has already appeared on previous AP Now podcasts. You can see some of their sessions as follows:
Lynn Larson discussing Zelle Fraud https://youtu.be/L02mUitjsKc
Kelly Paxton discussing Pink Collar Crime and Embezzlement https://youtu.be/NIxniQbMFIQ
Ellen Leith on Remote Work https://www.youtube.com/watch?v=j7aXsuyn2Hg&t
Playlist of the 2021 AP Technology Week Sessions https://youtube.com/playlist?list=PLtL6rWSXZ-HfvKQrScgUdpa3thmmRqg3s
Playlist of the 2022 AP Technology Week Sessions https://youtube.com/playlist?list=PLtL6rWSXZ-HeTeFa4eBOVeHvE2NbY4KEz
Purchase Embezzlement: How to Detect, Prevent, and Investigate Pink-Collar Crime by Kelly Paxton https://www.amazon.com/Embezzlement-Detect-Prevent-Investigate-Pink-Collar/dp/B08QBYKJR1/ref=sr_1_1?crid=3OSXNX1FAAQHB
Guest: Ellen Leith (https://www.p2pnetwork.org/ ) Guest: Lynn Larson (https://www.recharged-education.com/ ) Guest: Kelly Paxton (https://kellypaxton.com/ )
Host: Mary Schaeffer (www.ap-now.com)
The IRS has increased the optional standard mileage rates for computing the deductible costs of operating an automobile for business. This mileage reimbursement rate is used in expense report reimbursements by many, many business entities (both for profit and not for profit) for the purpose of reimbursing for mileage when an employee or other individual uses their own vehicle for the organization’s business.
The optional standard mileage rate is watched by many as over 80% of all businesses use it for the purpose of reimbursing employees for mileage driven in their personal automobiles for company business. The mileage reimbursement rate is used for expense reporting purposes and as such many employees watch it closely.
This is not the first time the IRS has made a mid-year adjustment, but it is certainly not something that happens every year. The increase in the IRS mileage reimbursement rate is welcome by many employees, or at least those who use their own cards for company business.
Link to 5 FBI cases on Fraud and Embezzlement https://youtu.be/etcOcZi0m_Y
Link to P2P Quick Tip Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-Hci6r3HHsWJDv8tr1z9wKqP
Link to sign up for AP Now free ezine (use box on left of page) https://www.ap-now.com/
Purchase to pay quick tips are a series of short best practices tips designed to help the viewer run a more efficient P2P operation. The fifth focuses on supplier relations, specifically poor vendor relations, i.e. when relations between accounts payable and procurement with suppliers or vendors is not good. This can lead to animosity on both sides. This video shares a few tips that will help viewers get their relations with suppliers back on the right track. #accountspayable #P2PQuickTip #accounting
Good relations with vendors are important if you don’t want to waste valuable time and resources arguing with a valued business partner. When relations with vendors and suppliers are strong, it makes life a lot easier for both parties. That’s why accounts payable, purchasing and P2P are strongly advised to take care and establish a good relationship with all suppliers. The tips included in this video will help everyone take a realistic view of what it will take to get rocky relationships onto a level playing field and set realistic expectations of how long it will take.
Do your relations with your suppliers STINK? Do you want to change that, improve the relationship and move on? Stick around while we share some tips on how to make that much-needed change.
Link to Purchase to Pay Quick Tips Playlist: https://youtube.com/playlist?list=PLtL6rWSXZ-Hci6r3HHsWJDv8tr1z9wKqP
Learn more about Compleat: https://hubs.ly/Q01b1z2v0
Host: Mary Schaeffer www.ap-now.com
Purchase to pay quick tips are a series of short best practices tips designed to help the viewer run a more efficient P2P operation. The fourth focuses on the P2P paper nightmare. All accounts payable operations and for that matter P2P operations are now focused on going paperless, or at least getting rid of as much paper as they can. #Goingpaperless in #accountspayable and all P2P operations is a goal at best practice organizations. #P2PQuickTip
Those P2P organizations that wish to become best practice and drive price efficiency now focus aggressively on going paperless. In this broadcast, we’ve got several process improvement tips that will help them with this goal. But it would be foolish to think it could all be done without any technology or automation. That is where real change can be made. Whether you are just looking at the accounts payable process or the entire P2P process, eliminating paper is the first step towards a more efficient organization.
Is your purchasing and payment process loaded with paper? Do you know, on an intellectual basis, that you’ve got too much paper but you don’t know where to start to get rid of it? Stick around while we share a few tips on getting rid of that paper and ending your P2P paper nightmare.
Link to Purchase to Pay Quick Tips Playlist: https://youtube.com/playlist?list=PLtL6rWSXZ-Hci6r3HHsWJDv8tr1z9wKqP
Learn more about Compleat: https://hubs.ly/Q01b1z2v0
Host: Mary Schaeffer www.ap-now.com
Purchase to pay quick tips are a series of short best practices tips designed to help the viewer run a more efficient P2P operation. The third focuses on spend analytics that don’t deliver what is needed. Analytics are an important part of any process, if you wish to improve it. So, getting less than ideal spend analytics is likely to create all sorts of problems in #accountspayable, procurement and elsewhere. #P2PQuickTip #accounting
As analytics become more important and it becomes easier to produce budget vs. actual spend reports, employees will come under more scrutiny, if they are over spending. They are then likely to complain and cause other problems when they can’t get the data they need and rightfully should have.
Do your employees complain because they don’t know where they stand vis-a-vi the budget? They don’t know how much has been spent and more importantly, how much they still have to spend. Is your organization maximizing its purchasing power, taking advantage of all the quantity discounts it is entitled to? We’ve got some simple solutions to address this problem and make sure your company comes out a winner, while simultaneously boosting the bottom line in order to do an efficient and effective job.
Link to Purchase to Pay Quick Tips Playlist: https://youtube.com/playlist?list=PLtL6rWSXZ-Hci6r3HHsWJDv8tr1z9wKqP
Learn more about Compleat: https://hubs.ly/Q01b1z2v0
Host: Mary Schaeffer www.ap-now.com
Purchase to pay quick tips are a series of short best practices tips designed to help the viewer run a more efficient P2P operation. The second focuses on inefficient and manual P2P processes in the accounts payable and entire P2P operation – and what you can do to improve them so you have a more efficient, cost-effective P2P process, including the accounts payable process. #P2PQuickTip #accountspayable #P2P
In this episode, we discuss several process improvements that can be made of manual, inefficient processes. Clearly automation will help, but there are process improvements that can be made as well. More companies have inefficient manual P2P processes across their accounts payable and procurement departments. That’s part of the reason, accounts payable or purchase ledger are often at odds with purchasing.
Is your AP and procurement staff overloaded with manual processes, clunky workflows, that result in delayed approvals, which lead to late payments and angry suppliers? We’ve got some simple solutions to help you ease the load and tame those inefficient manual processes. But at the end of the day, these process improvements will only take you so far.
Automation has become a real player in the accounts payable, procure to pay, and or purchasing functions in many, many organizations.
Link to Purchase to Pay Quick Tips Playlist: https://youtube.com/playlist?list=PLtL6rWSXZ-Hci6r3HHsWJDv8tr1z9wKqP
Learn more about Compleat: https://hubs.ly/Q01b1z2v0
Host: Mary Schaeffer www.ap-now.com
Purchase to pay quick tips are a series of short best practices tips designed to help the viewer run a more efficient P2P operation. The first focuses on lack of budget compliance in the P2P process. This #P2PQuickTip is designed for #accountspayable, P2P and #accounting professionals. Procurement professionals will benefit as well.
Do you have employees who treat the budget as a suggestion rather than hard and fast guidelines for what they can spend? Do you only find out after the fact, that they’ve exceeded budget guidelines? Since they’ve already committed the organization, you’re stuck paying the bill. Stick around while we share some tips on how to rein in these rogue purchasers who are giving you a budget compliance headache.
Lack of budget compliance creates a huge headache for purchase to pay, or procure to pay, professionals. This often includes accounts payable. The procurement team is focused on purchasing the products needed by the organization, sometimes without regard to budget. The creates budget compliance problems when there are budget variances. Spend and budget problems create additional headaches for accounting, when purchase ledger professionals produce reports on budget variances.
Link to Purchase to Pay Quick Tips Playlist: https://youtube.com/playlist?list=PLtL6rWSXZ-Hci6r3HHsWJDv8tr1z9wKqP
Learn more about Compleat: https://hubs.ly/Q01b1z2v0
Host: Mary Schaeffer www.ap-now.com
Password stupidity relates not only to not using a strong word, it can also be not taking proper care of passwords as explained in this video. Password stupidity can facilitate fraud and can cost a company a lot. In this case it was an accounting manager who took advantage of a weak #password system to defraud the organization by impersonating various personnel in the #accountspayable and #accounting departments.
This new fraud was due to unmitigated password stupidity that did not rely on weak passwords but rather mismanagement that resulted in total lack of controls and segregation of duties. The issue of passwords is an important one and yet not everyone takes it seriously. As you can see from this video, ignoring strong password practices can result in a costly disaster. You can protect your organization by making sure everyone sets strong passwords.
While just about everyone knows not to use passwords like password, 123456, their pets name etc., you would think they wouldn’t have to be warned about what I am very tactlessly calling, one of the stupidest frauds of all time. Stick around until the end when we do a quick review of what to do and not to do when selecting a strong password.
Link to Fraud and Employee Embezzlement: 5 FBI Cases https://youtu.be/etcOcZi0m_Y
Host: Mary Schaeffer (www.ap-now.com)
Wordle Excel and More: An Interesting Chat about all Things Wordle was supposed to simple focus on Excel. But I had so many questions about Wordle, it quickly became Excel and More. We discussed All Things Wordle. If you are an Excel geek, #Wordle and #Excel are a natural fit. #Wordlestrategy
If you wonder if you can solve wordle in Excel, the answer is yes. This episode will explain exactly how to use excel to come up with the right wordle solution. In this wordle interview with MRExcel, he explains how using both Excel and wordle tips and tricks. The wordle interview with Bill Jelen was a lot of fun because in addition to discussing how to use excel to solve a wordle puzzle, we discussed a number of different issues related to Wordle including Best wordle words, whether plurals are a possible answer and more.
If you are obsessed with how to win at wordle, this session might help. Whether lookin for wordle answers or wordle expert tips for the wordle game, this wordle game strategy, will help so you don’t have to make a wordle guess. Even if you don’t want to solve wordle with excel, I think you’ll find the conversation intriguing and full of wordle tips. This Wordle assistant will help those who are looking for a different approach when it comes to how to solve wordle using excel.
Bill’s MRExcel YouTube page: https://www.youtube.com/c/MrExcelcom
Link to Wordle Expert Strategy Playlist: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hc5DXw7YrnGSthw0Q3y1gf8
Link to 8 Misconceptions about AP https://youtu.be/1Cp_vfrkSSw
Host: Mary Schaeffer www.ap-now.com
Guest: Bill Jelen https://www.mrexcel.com/
WOW has there been a lot of change in the standard way the accounts payable function operates in the last few years. Technology is changing the way we live; it’s making our lives easier (and occasionally more stressful) and we are doing things in ways we would never have imagined just a few short years ago. Words like Uber, Airbnb, robotics, and blockchain were not part of our everyday lingo. AI was something science fiction authors wrote about and shared workspaces was an alien concept. But that is the world we live in now. It would be unrealistic to not expect the same changes in our professional lives. And of course, remote or hybrid work is now common place, rather than a privilege for a special few.
Back in the day, when there was a new innovation or technology for the accounts payable function, it was only the very largest companies that were able to afford it. That is no longer the case. Change now impacts all organizations of all sizes generally without a huge financial expenditure. That’s why it’s critical that every accounts payable and accounting professional learn all there is to know about the change coming.
After this session you will be able to: -Recognize where your AP function is today -Identify the issues likely to hold your AP department back -Determine what the AP Department of Tomorrow will look like (including possible new jobs for AP and Accounting) -Assess where AP and Accounting will fit in -Identify the new technologies that will be used (including terminology) -Project your organization’s impact of the evolution of invoice handling -Make changes in your payment process based on the development in payment methodologies, including new ones that didn’t exist a few years ago. -Understand the needed metrics and what all this data will mean in a new technology-enhanced AP World
Who Should Attend: Accountants, controllers, accounting managers, auditors (internal and external), Treasurers, CFOs, CEOs, accounts payable professionals, procure-to-pay professionals, and travel managers.
About the Instructor: Mary Schaeffer, founder of AP Now, is a nationally recognized accounts payable and payments expert. She is the author of 20 business books, including 127 Best Practices for Accounts Payable, the host of the AP Now podcast and YouTube channel and recipient of the 2021 Accounts Payable Association’s Wellbeing for Others Award.
Before starting AP Now, a B2B media firm focused on sharing the latest business intelligence on the accounts payable and payment functions, she worked in the corporate trenches of several large finance and treasury departments. She was a Corporate Cash Manager at Continental Grain, a Financial Risk Manager at O&Y, and an Assistant Treasurer at Equitable Life (now part of AXA). She also held the position of Executive Editor for several business publications. Ms. Schaeffer has a BS in Mathematics from York College (CUNY) and a MBA in Finance from New York University.
Ways to make Your LinkedIn Profile Stand Out reveals 5 LinkedIn hacks 2022. If you want to know how to make your LinkedIn profile stand out, use these simple tips. Effectively, they create a LinkedIn profile optimization checklist that makes your #LinkedinProfile stand out from the crowd. These LinkedIn tips work for #accounting, #accountspayable and all types of professionals. Using these tips will really make your LinkedIn profile pop.
So, if you want to learn how to make your LinkedIn profile stand out, update your LinkedIn profile taking advantage of the advice and insights offered. They are really simple to implement. These LinkedIn profile tips for accounts payable work for anyone. The LinkedIn profile tips are useful if you want a great LinkedIn profile 2022, taking it from a good LinkedIn profile 2022. If you are interested in making your LinkedIn profile stand out, make sure you take a few minutes to fine tune your posting to make your LinkedIn profile stand out from the crowd.
How can you stand out from the crowd, make your LinkedIn Profile jump to the top of the list, make sure your resume is included when potential top candidates are selected. In this broadcast we’ve got 5 quick fixes, or hacks, every professional can make to their LinkedIn profile to ensure they look anything but average. All are simple to execute.
Link to Turn Your Real-life Skills into Resume Builders https://youtu.be/r_5lEnNrGO8
Link to LinkedIn Profile Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HfZzUUl9znqBZXbb33nJmQQ
Learn about AP Now at ap-now.com
Host: Mary Schaeffer www.ap-now.com
Burnout in your accounts payable staff is a real issue. We’ve identified 3 issues that, if addressed, might relieve some of the stress leading to burnout in your accounts payable department. They are discussed and suggestions made on how they can be changed to reduce the burnout in your accounts payable team. #Burnout in #Accounting is also a concern. #accountspayable
While burnout has afflicted many people the last few years, few companies have taken the time to look at their accounts payable operations to see how their processes might be altered to impact that issue. Work has been increasing in accounts payable departments and few companies are taking the time to assess the full impact of that increase. The resulting burnout will not only mean people quitting, but more errors, mistake that will cause an increase in the expenses associated with running the accounts payable function.
Burnout doesn’t have to happen. By taking the steps outlined in the video, the odds of burnout happening will go down. Burnout in accounts payable, treasury and accounting will negatively impact the bottom line.
Link to Returning Checks: An AP Time Waster https://youtu.be/IUhoVx47P_A
Buy 127 Best Practices for Accounts Payable: https://www.amazon.com/127-Best-Practices-Accounts-Payable/dp/1735100021
Link to 3 Reasons Why Invoices Get Paid Twice https://youtu.be/uIAJ5V-q028
Learn more about AP Now at www.ap-now.com
Fraud employee embezzlement and how to protect it is based on 5 FBI cases of embezzlement. Employee embezzlement happens more frequently than most people realize and usually it is because basic internal controls are not in place. This episode looks at 5 real-life cases, shares how the crimes were committed and offers suggestions on practices that might have prevented the #embezzlement. #accountspayable teams are the first line of #fraud defense and companies everywhere should be cognizant of this fact.
The Fraud Embezzlement cases include: The Enterprising Reseller The Bank Accomplice The Back-to-Basics case The Case of Spreadsheet Shenanigans The Multi-Faceted Embezzler
Employees who embezzle often have access to bank accounts, procurement activity, approvals and more making it easy for them to commit their crimes, especially when appropriate separation of duties is not employed. Segregation of duties is part of the basic foundation of any fraud protection protocols.
Employee embezzlement often goes on for years, causing the amounts involved to skyrocket. Many of the cases discussed involve organizations getting large grants making it easy for employees to hide their frauds especially when controls are weak.
Link to How Employees Maneuver Around Approval Limits https://youtu.be/yXqNV0F3B48
Playlist of all Fraud Videos https://youtu.be/4z7UBwVA8Bw
Duplicate payment surprises result at 5 unexpected times detailed in this broadcast. The 5 Unexpected Times When Duplicate Payments Skyrocket (for EVERY Company) are not fun. The discussion focuses on the 5 non-routine times when duplicate payments occur. Best practice #accountspayable groups actively look for #duplicatepayments.
Because suppliers don’t automatically return duplicate payments, it is incumbent that best practice organizations automatically and as part of their best practices stay on top of the issue. This means that in addition to their normal protocols, they need to be aware that if one or more of the 5 unexpected scenarios spelled out in this broadcast are going on in their organization, they need to take extra precautions and monitor more closely.
These unexpected scenarios will happen from time to time in any organization. Most have gone through some or even most of them in the last few years or expect to in the near future. Hence, it is critical that they know what they are and take appropriate action, auditing for duplicate payments.
Alas, duplicate payments can and do occur at five unexpected times as explained in this broadcast. These unexpected occurrences of skyrocketing duplicate payments are not fun. And without fail, every company encounters them. This broadcast focuses on the 5 non-routine times when duplicate payments occur, these are in addition to the regular times.
Link Returning Checks to Requisitioners https://youtu.be/IUhoVx47P_A
Buy 127 Best Practices for Accounts Payable: https://www.amazon.com/127-Best-Practices-Accounts-Payable/dp/1735100021
Learn more about AP Now at www.ap-now.com
How do you open a new Zelle account or rather how do you register for the Zelle app is a popular question for those looking to make the payment process easier. #Zelle is a form or instant payments, sometimes called real time payments. It is for individuals and small businesses. The Zelle app lets individuals and small businesses receive payments almost instantaneously. #Payments #accountspayable
In order to receive payments from other Zelle users, you need to register for the app. How you can register for Zelle, what you need in order to register for Zelle and what you can expect in terms of receiving money when using Zelle are spelled out in this broadcast. Zelle is a new payment process sweeping the consumer market and seeping into the small business world. It is only a matter of time before it seeps further into the B2B space.
The video also addresses the question of where you can register to use the Zelle app. Signing up for Zelle is fairly easy as the speaker explains.
With Zelle payments now all the rage, those who wish to use it need to learn how do you open a new Zelle account. Of course, technically, they really should be asking how do you register for the Zelle app. Zelle really does make the payment process easier.
Link to Zelle Scams: How to Protect Yourself https://youtu.be/L02mUitjsKc
Learn more about AP Now at www.ap-now.com
Guest Lynn Larson (www.recharged-education.com)
Host Mary Schaeffer (www.ap-now.com)
How to Upload Your Resume on LinkedIn is an important issue for job seekers in 2022. They need to know how do you upload your resume on linkedin to maximize exposure. They also need to know how to update their resume once they have #uploadresumeonLinkedIn, for #linkedIn is the premier site and everyone interested in a new job or in networking needs a #linkedresume
Many people upload resume to linkedin profile 2022 so potential employers can see their qualifications. To upload resume to linkedin profile, you need to follow precise instructions outlined in this video as how to update resume on linkedin profile is not straightforward.
So to those who ask, can i upload my resume on linkedin, the answer is yes. You just need to follow the instructions in this broadcast. As the number of linkedin for job seekers grows so does the need to upload resume, or more precisely upload the resume on linkedin
Interview with Brenda Bernstein on Creating a Killer LinkedIn Profile https://youtu.be/5nsMT8S0ncA
Learn more about AP Now at www.ap-now.com
How to Upload Your Resume on LinkedIn is a must-have skill in 2022. All job seekers need to know how do you upload your resume on linkedin so they can maximize their exposure to potential employers.
Host: Mary Schaeffer (www.ap-now.com)
Accounts Payable Best Practices: Invoice Handling addresses the nuances of invoice handling best practices in the accounts payable department. It looks at all the steps involved in the process of getting an invoice paid, not just the obvious ones. #Accountspayable #bestpractices around #invoices are critical and are addressed in this broadcast.
The accounts payable process for invoice handling addresses all the steps in ap process, not just the ones people are most familiar with. Invoice processing best practices include many steps and involve many departments and documents. In addition to the invoice, there’s the purchase order usually prepared by the purchasing or procurement staff, the receiving documents or packing slip prepared by the supplier and hopefully reviewed by the receiving department and sometimes even an Advanced Shipping Notice.
Invoice controls are critical if an organization wishes to avoid making duplicate payments and/or paying fraudulent invoices. That’s why, like other accounts payable functions, invoice processing best practices can be a lot more complicated than many people realize. While this piece looks at what impacts the payment of an invoice each step of the way, it is much more than a Day in the Life of an Invoice, it takes much longer. Accounts payable best practices related to invoice handling are critical for those looking to run an efficient and effective accounts payable function.
Really Bad Check Signing Practices https://youtu.be/YYB-ZvQZ1Fo
Link to: Paper Checks: More Expensive Than You Might Think https://youtu.be/cl3v7yDh8vA
Learn more about AP Now: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Wordle: How to Win in Fewer Rounds [Win Every Time – Legit] shares a simple technique everyone can use to win more Wordle games faster. You can win every Wordle game if you use this approach. AT first glance that probably doesn't seem possible. But, I promise you it is.
While the Worlde strategy used by most seems to focus on picking the best first word, this strategy is more encompassing and doesn't just rely on the first word. This video also shows viewers how to play wordle the hard way. So, if you wondered about playing at the hard level in wordle, watch this video to find out why you absolutely should.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Wordle in 90 Seconds https://youtu.be/_Y3y3c8W6JQ
Link to How to Play Wordle https://youtu.be/U3Qi4UBaKKw
Link to Wordle: Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Link to Wordle: Best Starting Word https://youtu.be/BGAPtxljHqY
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Employees use all sorts of tricks to get their employers to pay for meals that are not really reimbursable. In ‘Fishy Expense Reporting Habits’ we examine 5 tactics employees use to defraud their employers and the best practices that will stop them dead in their tracks. Using #expensereports to get employers to pay for meals is a common trick that #accountspayable and #accounting professionals try and stop.
It should be noted that expense reporting is sometimes referred to as travel and entertainment or T&E.
Questionable employee expense reporting habits that cost your company is an ongoing battle. Employees who want to find out how to get your company to pay for your lunch will often use the expense report game playing tactics discussed. Keep in mind that these questionable employee expense reporting habits that cost your company are in widespread use and really should be stopped. That’s why we include the best practices that will put an end to these dubious practices.
These employee expense reporting habits should not be allowed in any expense reporting system. Yet they frequently are. The expense report games employees play cause havoc in accounts payable, accounting, and audit departments as the employee expense reports are reviewed. This expense report abuse is often ignored.
This is AP Sound Bite #92
Link to Expense Reporting Trends: Receipts https://youtu.be/ftWRVfF9glQ
Learn more about AP Now at www.ap-now.com
Is that Change of Bank Account Request Legit addresses the very real issue of phony emails containing fraudulent change of bank account requests. These scam emails present a real headache for #accountspayable and #accounting professionals who receive them. These phony email requests to change bank accounts are running rampant in the business world. Fraudulent emails and phony requests to change the bank account where a payment is sent are causing serious financial harm to organizations of all sizes.
Change of bank account requests coming in the form of email requests from suppliers or for that matter email requests from vendors represent still another form of online bank transfer scams. Every company needs to protect against fraudulent change of bank account requests. This podcast show you how. These fraudulent Change of Bank Account Requests are showing no signs of going away, hence using the recommended accounts payable best practice is critical. The change of bank account request is really an attempt to divert funds to a crook instead of a legitimate supplier.
Some change of bank account requests are phony and if the accounts payable best practice for ascertaining the veracity of the request is not used, big monetary losses can occur. The Change of Bank Account Requests frauds have been running rampant across the business landscape. Everyone is advised to follow the Best Practice Approach described in this podcast.
Link to Evaluating Email to Determine if It Is Legit https://youtu.be/B5YVc_qxyiQ
Learn more about AP Now at www.ap-now.com
Rate your wordle game using the Wordlebot. Get Wordle insights into your play based on an analysis provided by the NY Times. Find out how much Wordle skill and how much #Wordle luck is involved in each of your guesses. You’ll also find out what the NY Times considers to be the best starting word. Improve your #wordlestrategy by using the #Wordlebot.
The Wordlebot provides a score for both Wordle skill and wordle luck for each of your guesses. You’ll be able to evaluate your wordle luck vs skill after each game. Do you think you win because of your wordle luck or skill? You’ll be able to find out. If you incorporate the Wordlebot into your Worlde expert game strategy, you may find that you change your best Wordle starting word.
After you play the Wordle game, you might want to run the Wordlebot to help you win Wordle more frequently. It effectively provides Wordle expert tips to help you improve your Wordle strategy. Effective Wordle tips and strategies are what’s called for if you want to win on a regular basis. A Worlde game expert strategy will include use of the Wordlebot, at least occasionally. Some Wordle expert insights will rely on it. Your Worlde game strategy should include running some of your more difficult hands through it.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
5 Really Bad Check Signing Practices addresses the payments risk and lack of check signing internal controls when the check issuance process includes one of the five issues discussed in the video. #Checks are typically issued by the #accountspayable department, which is usually part of the #accounting group. These poor check signing practices have the potential to facilitate fraud and make it easier for employees to circumvent controls.
Check signing internal controls should be strong and rigorous to ensure fraudulent schemes aren’t made possible. That’s why check signing is still important and the process is part of the check issuance internal controls. Poor practices enable duplicate payments and fraud. Some of these weak practices include check signing with a rubber stamp, blank signed checks, emergency checks, rush checks, and non-review of backup before a check is manually signed.
Clearly, check signing best practices does not include the practices discussed above but does include check signing machine internal controls.
Really bad check signing processes do not consider payments risk and mostly focus on what’s easy or what’s always been done. The complete lack of check signing internal controls can be a real problem. This is especially true when the check issuance process includes one of the five matters addressed in the broadcast. These weak manual check signing practices have the potential to make fraud easier to perpetrate and make it simpler for workers to get around controls.
Link to Accounts Payable Headaches No One Talks about [Accounting Alert] https://youtu.be/FDbIf2tHtls
Link to More Accounts Payable Headaches No One Talks about https://youtu.be/4z7UBwVA8Bw
Learn more about AP Now at www.ap-now.com
This Turn Your Real-Life (Unusual) Skills into Resume Builders demonstrates how to go about developing skills-based resume. This is not something most #accountspayable or #accounting professionals often think about. Yet, putting different, but somewhat related, skills on your #resume is one way to differentiate yourself from the crowd.
If you are intent on creating skills based cv, then the examples included in this broadcast will help you put together a skills-based resume. The importance of creating a skills-based resume cannot be understated, especially when you are one of many with very similar skillsets and experiences. These tips on creating a skills-based resume will show you the extras that will make a resume stand out from the crowd.
Everyone needs to know how to write a resume and these resume tips will help listeners figure out how to make theirs stand out from the crowd. Whether you are trying to figure out how to write a cv or how to write a good resume that will put you head and shoulders above the rest of the crowd, creating skills-based resume will go a long way. Thus developing skills based cv is one of the best ways to climb the corporate ladder.
Link to Creating a Killer LinkedIn Profile https://youtu.be/5nsMT8S0ncA
Learn more about AP Now at www.ap-now.com
Watch Wordle: Blind Spots [Win More] to help you identify the Wordle blind spots that keep you from winning more. Incorporate the identification of these Wordle blind spots, into your wordle winner strategy, if you want to start winning more wordle today. These Wordle gotchas stand in the way of your becoming a Wordle winner on a more regular basis. The Wordle blind spots are the obvious, but often overlooked, strategies that can keep you winning all your Wordle games.
These wordle expert tips include a recognition of the Wordle blind spots that hold good Wordle players back and keep them from winning more Wordle games. They will help you take your Wordle game from good to great. The strategies to win more wordle absolutely include the ability to identify the Wordle blind spots.
To win wordle on a very regular basis, it is important to avoid these wordle gotchas, the blind spots that stand in the way of you and a spotless Wordle record. These strategies to win at wordle are a critical part of every wordle strategy in 2022. These simple, but effective, Wordle expert tips should be part of every Wordle expert strategy. As your Wordle game improves, you should see the diminishing of your wordle gotcha evolve.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Wordle in 90 Seconds https://youtu.be/_Y3y3c8W6JQ
Link to Avoiding Common Wordle Mistakes https://youtu.be/0a5nwui7h6w
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Accounts Payable Process: Received Not Invoiced or Invoiced Not Received addresses to common #invoice problems encountered by #accountspayable and #accounting professionals everywhere. The issues of ‘Received Not Invoiced’ refers to those goods which have been received but the company has not been invoiced. The ‘Invoiced Not Received’ issue is the direct opposite. In that case an invoice has been received but there is no indication that the goods on that invoice have been received.
Standard invoice processing and payment processing addresses these common issues. This video provides guidance to accounting groups experiencing these issues. It identifies invoice problems and solutions so that companies can deal with a variety of related issues including vendor invoicing tricks.
The invoice processing problems and solutions shared in this broadcast work in manual invoice processing situation as well as those who have an accounts payable automation process. It looks at invoice receipt vs goods receipt, and vice versa. The supplier invoice process can sometimes create the problems discussed.
Watch Lousy Invoice Practices https://youtu.be/_jpo9vb8NYM
The problem of ‘Received Not Invoiced’ focuses on situations when goods which have been received but the company has not been invoiced. The ‘Invoiced Not Received’ headache is the direct opposite. In that case an invoice has been received but there is no indication that the goods on that invoice have been received. In this case, it could be fraud, or the invoice could have been lost in the mail or amazingly, the vendor could have forgotten to invoice.
Learn more about AP Now at www.ap-now.com
Accounts Payable Process: Three-Way Match answers the basic question what is the three-way match. The Three-Way Match is the foundation for the accounts payable function. Accounts payable best practices always include a three-way match. The accounts payable process, if it includes accounts payable best practices, also includes a three-way match. It is considered a strong #accountspayable internal controls and all #accounting professionals recommend it. #bestpractices
The three-way match concept is an old approach used in accounts payable departments across the country, or at least those that use accounts payable best practices. It involves comparing the purchase order vs invoice and is a strong accounts payable internal control.
This is episode 144 of the AP Now podcast
The three-way match in accounting involved matching the invoice, purchase order and receiving documents. A good process that includes comparing the purchase order vs invoice vs receipt is how invoices get paid in most organizations. The most commonly asked question in this regard is what is a receiving document, as most are not familiar with that document as it is sometimes called a packing slip.
Changing Invoice Practices Playlist https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Learn more about AP Now at www.ap-now.com
Learn how to play Quordle, the offshoot of #Wordle. While you need to know how to play Wordle in order to play Quordle, the rules are different. The 7 expert Quordle tips will help Wordle players become proficient at Quordle. This #Quordle tutorial is designed for Wordle lovers who want to play more. This Quordle 101. #Quordlestrategy is different that Wordle strategy.
That’s where these 7 Quordle tips come in handy. They help Wordle players adjust their Wordle game for Quordle. Quordle is harder than Wordle but just as much fun. In fact, if you find Wordle easy, you many enjoy the Quordle challenge. You can adjust your Wordle game without much trouble and easily learn how to play Quordle.
Quordle, like Wordle, is one of many suggested memory games for seniors YouTube
Quordle has many similarities with Wordle but there are differences as well. That’s where our Quordle tips will come in handy. Enjoy Quordle as much as you enjoy Wordle by incorporating our suggestions into you Quordle gameplay. These tips will help you figure out how to win at Quordle.
Wordle, the smash hit game that has taken over the Internet has proved to be the basis for a number of new games, with Quordle being one of the more popular games.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Wordle in 90 Seconds https://youtu.be/_Y3y3c8W6JQ
Link to How to Play Wordle https://youtu.be/U3Qi4UBaKKw
Link to Wordle: Best Starting Word Revisited https://youtu.be/4FY28GWPddI
Link to Wordle: Best Starting Word https://youtu.be/BGAPtxljHqY
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
When it's ok to ignore your accounts payable function addresses the issues that occur when ap is ignored. Many of the problems lead to duplicate payments and facilitate fraud. #accountspayable best practices are typically lost in the shuffle when accounts payable is ignored. Most savvy #accounting professionals realize that ignoring accounts payable is not a smart move. #bestpractices
Regulatory compliance issues, including fcpa compliance, proper administration of functions related to the issuance of 1099s, OFAC checking and various state compliance issues go up in smoke when the accounts payable function is ignored. Of course, this also means weak internal controls, frayed vendor relations, and the abandonment of accounts payable best practices throughout the accounts payable function.
Ignoring AP and use of best practices in accounts payable are at complete odds with each other.
Are You Getting All Your Vendor Credits https://youtu.be/Fo_cnOxF40A
Accounting Misconceptions about AP https://youtu.be/1Cp_vfrkSSw
Host: Mary Schaeffer (www.ap-now.com)
How to prepare for conference presentation focuses on conferences: what works and what doesn't as we head into conference season. The most important issue, your conference presentation ideas is the foundation for your talk. When you are preparing your conference talk it is critical to remember who the audience is and not give a sales pitch.
Creating conference talks that work takes time and effort. In order to give a good talk, incorporate the presentation tips for conferences in this talk into your presentation. The tips for presenting at a conference are applicable whether presenting to 10, 100 or 10000. #accountspayable #accounting #conference
To get the most out of your talk, you’ll need to know how to prepare for conference presentation. Your conference presentation ideas are the critical foundation whether creating an accounts payable conference presentation or an accounting conference presentation.
Giving salient conference presentations are key to the success of any working professionals, be they in general accounting, accounts payable, audit or treasury. It is also critical for service providers offering products or services in this arena. By focus on getting to know your customer before trying to sell them something is the hidden key to success. That’s where giving presentations at conferences can really help. The same can be said for an accounting or accounts payable professional who wants to become known within the industry.
Business Writing: Don’t Make These Mistakes https://youtu.be/8XIe5d8513o
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Wordle: 3 Quick Tips to Finetune Your Strategy includes tips to help you win Wordle. Any Wordle winner strategy should reflect these tips. A #Wordle winning strategy means avoiding mistakes as much as it means making smart strategic choices. These Wordle tips will help you do just that. If you want to know How to Win Wordle, your #Wordlestrategy should include what not to do as much as it should include what to do.
Use these tips to finetune your Wordle game and finetune your wordle strategy. They might make the difference between winning and losing. A Worlde strategy to win will encompass many wordle tips, especially wordle expert tips. Use these wordle tips and tricks to help you win wordle quickly. Of course, this means avoiding wordle mistakes. Avoid wordle errors by strategizing each choice. For one you know how to play Wordle, you’ll be hooked.
These quick tips will help everyone finetune their strategy and help them win Wordle. Any Wordle winner strategy will include these simple tips. A good Wordle strategy means not making common mistakes as much as it means making smart calculated choices. These simple Wordle tips will help you implement a strategy that does just that. If you want to know how to win wordle, your approach should include what not to do as much as it should include what to do.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Avoid Common Wordle Mistakes https://youtu.be/0a5nwui7h6w
Paper Checks are far more expensive than you might think. These accounts payable checks are more expensive than most realize. It’s not just the cost of the postage, the envelope and the check. The people costs associated with creating and handling the check are huge. And that’s just the start. There are many, many problems and they all take time and cost money to fix, time and money that could be better spent on more value-add tasks in your #accountspayable and #accounting groups. #paperchecks
The accounts payable checks have issues that many don’t realize. That’s part of what makes paper checks so expensive. That’s why AP Now recommends p-cards, company credit cards, ACH payments and other alternatives to the costly, mistake-laden paper checks.
Accounts payable paper checks paper checks can be a real nuisance. They are definitely not one of the recommended accounts payable best practices. Looking for ways to reduce the number of paper checks is a great idea with real time payments being one of the newest alternatives. Paper Checks are far more expensive than most professionals realize think. The people costs associated with creating and handling of these items are huge and could definitely be spent on more value-add tasks.
Introduction to Real Time (Instant) Payments https://youtu.be/jKgmu-fye_E
Never Use This AP Metric https://youtu.be/0CPLv5zv4Q8
Learn more about AP Now www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Shopping for a New Accounts Payable Automation Solution means looking for an ap automation solution, also referred to by some as an invoice automation solution that meets several criteria. The criteria discussed in this session are often overlooked. #Accountspayable automation solutions vary and thus it is critical that professionals searching for a solution not overlook any area. #Invoiceautomation and #accountspayableautomation are different. It is important that each potential purchaser investigate all features to make sure the solution they purchase provides the functionality they need.
The accounts payable automation process is fraught with areas where problems can creep in. Vendor automation issues, that is those issues related to the supplier, are often overlooked when an automation solution is purchased. Accounts payable vendor issues, or invoice automation pitfalls, if ignored, can lead to invoice automation failure.
When invoice automation projects fail it is often because not all stakeholders concerns are taken into consideration. Accounts payable automation projects fail when the issues related to invoice automation and suppliers are ignored.
Shopping for a New or replacement Accounts Payable Automation Solution means looking for an ap automation solution that meets the unique needs of the organization. These systems are sometimes called invoice automation solutions.
Link to watch 9 Reasons Why Your Automation Project Fails: https://youtu.be/Z3oITKT0LR0
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Wordle: Best Second Word [Expert Tip] focuses on selecting the best second word for Wordle. The wordle best second word depends on the first word used. That’s why #Wordle for beginners focuses on a good first Wordle word, as do instructions for Wordle for experts.
Wordle expert tips focus on best Wordle words, best second word for Wordle after adieu, best second word for Wordle after arose, and best second word for Wordle after arise. These simple Wordle tips will help you win wordle more frequently and in fewer rounds. Wordle tips and strategies, as well as Wordle game instructions focus on #Wordlestrategy for #Bestwordlewords
Many regular Wordle players have their favorite Wordle tricks which they claim show them how to wordle more frequently. These Wordle tips include Wordle strategy words and rarely focus on the best second word for Wordle. But those who know how to win at wordle know they need such a strategy if they wish to know how to play Wordle to win.
The best Second Word depends on several factions. But choosing the best second word for Wordle is one way to improve your odds of winning. The wordle best second word varies depends on the first Wordle word used.
Follow Host, Mary Schaeffer on Twitter: @MarySSchaeffer
Information about Mary Schaeffer’s Wordle book: https://www.amazon.com/ /dp/B09R65XH3Q/ref=sr_1_13?crid=54RF3RYEJQ46
Link to Wordle Playlist: https://youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Wordle Best First Word Revisited: https://youtu.be/4FY28GWPddI
Are you getting all your vendor credits, those supplier credits? Probably not. Understanding why you're not getting all your vendor credits is the first step for any #accountspayable or #accounting professional who wants to recover all their organizations #vendorcredits.
Are your suppliers hiding your credits? The answer to this and how some crafty suppliers do it will surprise you. Good Vendor Credit Management is critical for those who do not wish their suppliers to hold onto their credits. Good vendor credit management approaches are important so you don't lose any vendor credits, also called supplier credits.
Supplier credit management includes the proper handling of vendor credits. These often arise from duplicate payments, quantity discounts and other reasons.
Vendor credits can sometimes arise from quantity discounts the customer is not aware of, discounts for damaged goods and more. Recovering vendor credits is one way accounts payable groups can add hard dollars to the bottom line. For some vendors do not let their customers know that they have credits sitting on their books.
Whether your organization is getting all its vendor credits or not, each company should do statement audits to determine that status. Those supplier credits are money that should go right to your organization’s bottom line. It can impact profitability. Understanding why you are or are not getting all your vendor credits is the first step for any professional who wants to recover all their organizations vendor credits can take.
Link to Statement Audits: What They Are and Why They Matter https://youtu.be/-5LUCX9uTPw
Learn more about AP Now: www.ap-now.com
Zelle Fraud How to Protect Yourself focuses on a new fraud. Innovative ways to trick #Zelle account holders into sending money to crooks is how these Zelle scams are perpetrated. To protect yourself and your company from these Zelle scams, start by understanding what is Zelle and the unique Zelle fraud issues. #Zellefraud and #Zellescams are proliferating. Some rely on Zelle email and these Zelle email scams are particularly insidious.
Zelle is owned by Early Warning Services. Zelle banks are often in the headlines when there is a Zelle in the news story. These Zelle scam refunds that are manipulated by fraudsters can be devastating.
The issue of who owns zelle is frequently raised. That’s why you often see Zelle Early Warning Services together. Zelle payment or Zelle transfer is often the focus for new scams, or phone scams. Zelle scams are not exactly bank fraud, although since the money comes out of a bank accounts some look at it that way. This transfer fraud is another type of bank scam.
Zelle is owned by be Early Warning Services not the bank where your account is housed. It is important to remember this when dealing with a Zelle scam or Zelle fraud
Link to Can You Spot the Phony Email Address: https://youtu.be/8IkeqkkQ2Do
AP Technology Week: Payments Panel including Lynn Larson https://youtu.be/j7aXsuyn2Hg
Entrepreneur Panel Including Lynn Larson https://youtu.be/-WsqmY7T02U
Avoiding Costly Sales and Use Tax Over Payments https://youtu.be/DQDZJYCYUBY
Consumer-Type Purchases on Company Credit Cards https://youtu.be/241Qr0ov9y0
Expert Insights: Tips from the Data Pros https://youtu.be/4_CtR6y8aFU
Help for Your P-card Challenges https://youtu.be/N3joHH8sGYA
Keto Fraud and AP https://youtu.be/kbxMrlKNJQ8
Getting and Using the New Apple Card https://youtu.be/VpGb9zwufoE
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer, founder AP Now (www.ap-now.com) Guest: Lynn Larson, Recharged Education (https://www.recharged-education.com/)
More Wordle Opportunities: Quordle, Dordle and Octordle looks at some of the new wordle alternatives, games based on #Wordle. #Dordle, #Quordle, and Octordle are all based on Wordle but clearly, are more challenging.
The increase in searches for 5 letter words for wordle is just one example of how popular the game is. When it comes to Wordle, how to play is a requirement. You need to know how to play it if you wish to play Quordle, Dordle or Octordle. But, it’s not hard.
The Wordle game is online and free, as are Quordle, Dordle and Octordle. While many Win Wordle each day, the same cannot be said of Quordle, Dordle and Octordle, although there are no stats on those games. The Wordle expert tips may not apply to these games as there are different considerations.
Yet, Wordle tips and strategies are a good place to start. Whether you are looking for Quordle hints or Dordle hints, wordle knowledge comes in handy. Dordle, Quordle, and Octordle will definitely become more popular should the NY Times decide to put Wordle behind the pay wall. It is important to understand Worlde game strategy and How to Wordle before trying to figure out how to Quordle and or how to Dordle. There are special Dordle tips and Quordle tips for those who wish to master those games. Dordle strategy tips and Quordle strategy tips are more complex than those for Wordle, although to be fair, Wordle will always be our favorite.
Follow Host, Mary Schaeffer on Twitter: @MarySSchaeffer
Information about Mary Schaeffer’s Wordle book: https://www.amazon.com/ /dp/B09R65XH3Q/ref=sr_1_13?crid=54RF3RYEJQ46
Link to Wordle Playlist: https://youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Dordle: zaratustra.itch.io/dordle
Link to Quordle: https://www.quordle.com/#/
Link to Octordle: https://octordle.com/
Duplicate Payments: An Analytical Approach addresses the scourge of Duplicate Payments. It provides tips on avoiding duplicate payments because vendors returning duplicate payments, as professionals who work in #accountspayable and #accounting are painfully aware.
A duplicate payment audit, whether completed by the company itself or a third party is a great way to identify duplicate payments and fraud. That’s why so many have routines to audit for duplicate payments. As those who work in accounts payable are painfully aware, duplicate and erroneous payments are rarely returned by the supplier. Vendors returning duplicate payments are the rarity rather than the norm. It’s one of the many reasons we make such a big deal about duplicate invoices. Alas, they lead to duplicate payments.
The plague of duplicate payments continues. Best practice organizations know they need to take action to ensure this money isn’t gone forever. Stick around while we discuss 5 tactics you can take to ensure your suppliers don’t hold onto your hard-earned profits.
Thinking that all vendors will return duplicate payments is a common misconception some folks have about the accounts payable function
Duplicate Payments: An Analytical Approach discusses the continuing headache companies endure when trying to identify and recover Duplicate Payments. It includes advice on avoiding duplicate payments in the first place because suppliers rarely return duplicate payments, as professionals who work in accounts payable and accounting are excruciatingly aware.
Link to 8 Accounting Misconceptions about Accounts Payable https://youtu.be/1Cp_vfrkSSw
Learn more about AP Now: www.ap-now.com
Cleansing the master vendor file 5 pointers focuses on this often-overlooked vendor file task. Cleansing the vendor file is never fun. The vendor file in accounts payable is sometimes called the master vendor file or the vendor master file. Whether you call it the master vendor file or the vendor master file or the accounts payable vendor file, cleansing master vendor file is an important task. #Vendorfile responsibilities in #accountspayable are part of the #accounting function.
Regardless of where responsibility for master vendor file lies, cleansing the vendor file on a regular basis is part of a best practice accounts payable or purchasing function. Does master vendor file belong in accounts payable or purchasing is a frequent question. The answer is that as long as master vendor file best practices on a regular basis, it doesn’t really matter. Best practices in accounts payable by their very nature include best vendor file practices.
Cleansing the master vendor file is a tedious task that can be improved by following the 5 pointers discussed in this short piece. It focuses on the often-overlooked task of Cleansing the vendor file which is never enjoyable. The vendor file in accounts payable is called many different things, sometimes the master vendor file or and sometimes the vendor master file. Regardless of what you call it cleansing master vendor file is an important task.
This is episode 144 of the AP Now podcast
Link to Episode 77: Using Excel to Find Duplicate Vendors in Master Vendor File https://youtu.be/K7GDuB8hJx8
Learn more about AP Now at www.ap-now.com
Wordle: How to Play to Win [5 Strategies]
It’s not enough to learn about Wordle how to play, you need to do it strategically. That’s why we discuss 5 strategies to use when discussing Wordle: How to Play to Win! It is Wordle game online free that has people of all ages clamoring for more they not only want to play the Wordle game, they want to Win #Wordle. #WordleStrategy to #WinWordle
In this clip, we have Wordle expert tips that include the wordle tips and strategies used as a worlde game expert strategy. These Wordle expert insights include not only the Wordle game instructions but also Worlde game strategy. The speaker uses them herself for an impressive Wordle streak. They are also described in the book, Wordle: How to Play, The Rules and Expert Insights.
The Wordle tricks included well help you learn How to Wordle. The Wordle tips include wordle strategy tips so you can improve your odds at winning Wordle. They also include some wordle strategy words so when you Wordle play online you won’t be limited to Wordle guesses but you’ll know how to play wordle to win because let’s face it, how to win at wordle is why you are watching and/or listening to this.
You probably want not only to learn about Wordle how to play, you want to do it strategically, using the 5 strategies we discuss in Wordle: How to Play to Win! The Wordle game is free and has people of all ages clamoring for more. They not only want to play the Wordle game, they want to Win Wordle.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Wordle: Best Starting Word Revisited
https://youtu.be/4FY28GWPddI
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
This video focuses on 13 Business Email Tips and Tricks to help listeners Avoid Career Disaster. If you want to write better business emails and avoid career disaster, incorporate these practices into your business email writing. iThe business email trips and tricks are basically common sense often ignored when creating business email. The 13 Business Email Tips and Tricks are essential for those who wish to avoid career disaster.
Business Email Tips and Tricks help keep email conversations on track. These email writing tips for accounting are also email writing tips for accounts payable professionals and for that matter are email writing tips for professionals. If you wish to avoid career disaster, these tips for writing business emails will help, especially when it comes to business email emojis. Use of an emoji in a business email is a dicey issue.
Business email can be your friend or your enemy. Use properly it can improve your productivity and career prospects. But, alas, one small misstep and you can throw all that down the drain. Let’s look at 13 of these often-overlooked missteps, so you don’t fall into any traps. Stick around until the end when we review a few that have stymied more than a few careers.
Link to 3 Big Fears that Can Ruin Your Accounting Career: https://youtu.be/lE7SPjN2wiY
Learn more about AP Now at: www.ap-now.com Sign up for AP Now’s twice a week, free ezine at www.ap-now.com
This is a sneak peek at the first-ever Global Virtual AP Summit for those who work in, manage or have responsibility for the accounts payable function. This overview is conducted by Jamie Radford, CEO AP Association, a global organization headquartered in the UK and Mary Schaeffer, Founder AP Now, a US-based organization focused on best practice issues impacting the accounts payable and payment functions. This is the session for all #accounting and #accountspayable professionals. #GlobalAP
The co-hosts have worked together for several years and decided to put this event together after discovering that accounts payable issues are largely the same regardless of country. Everyone continually deals with fraud, invoice processing headaches, concerns about career advancement, technology, analytics, etc. On both sides of the pond, accounts payable and payment professionals face real concerns about how to implement a digital payment program, if and when their organizations decide to take that approach. And many more than you might imagine are.
Traditional accounts payable issues, including best accounts payable practices, strong internal controls, metrics and benchmarking, fraud protection, career advancement, invoice handling, avoiding duplicate payments and data analytics and more, will be addressed during this two-day online event, starting at 11:30 am, regardless of location. Ahh, the beauties of technology.
At a very reasonable $35 per person, companies on both sides of the pond are registering their entire accounts payable staffs.
Additional details and registration at: https://www.ap-now.com/public/Global-Accounts-Payable-Virtual-Summit.cfm
Host: Mary Schaeffer (www.ap-now.com) Host: Jamie Radford (https://ap-association.com/)
Wordle is sweeping the Internet. Wordle: Best Starting Word Revisited will help you when selecting the best starting word for wordle if you want to win more. If you want to know how to play the wordle word game, how to win at wordle, you need to be able to select the best starting word.
Wordle game instructions start with a blank screen, so it helps to have strategically pick that first word rather than randomly selecting any five-letter word. Wordle and accounts payable often go together. The #wordle beginning word is critical when it comes to success in playing the game. Use the correct first word and you have a shot at occasionally winning in two rounds. #wordlestrategy #wordlestartingword
Wordle rules limit you to six chances to guess the five-letter word. It may seem impossible but many are doing it in even fewer guesses. The wordle Best starting word revisited helps you select the wordle best starting word.
The best starting word for wordle depends upon your strategy. There are several and the wordle starting word for each is examined in this discussion. The best wordle starter is sometimes not what you’d expect.
The best wordle words start with the best wordle start starting word. The best wordle start word should be part of your best wordle strategy. The wordle best beginning word takes some thought. The beginning strategy is selecting the wordle best first word. That is the first step in learning how to wordle. The wordle best starting word to win more is often not what you’d expect. Plus the wordle strategy to win more is not the same as the wordle strategy to win faster. Also, there is really no wordle strategy to win every game. But the wordle best first word to win more is a step in that direction and is one of our wordle first word tips.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Wordle: Picking the Best First Word https://youtu.be/BGAPtxljHqY
Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Implement these 5 New Accounts Payable Best Practices to Avoid Trouble in your #accountspayable operations. These 5 New Accounts Payable #BestPractices are critical for all #accounting functions. The accounts payable best practices purchasing, or rather the working relationship between the two. Accounts payable best practices are the foundation for any cost-efficient, regulatory-compliant and fraud-resistant operations.
These accounts payable best practices revolve around the coding of invoices, new fraud protection protocols and more. Invoice coding may seem like an innocuous task, but done incorrectly, as it often is, leads to headaches not only for accounts payable but also accounting.
This is Accounts Payable Sound Bite #76
Many organizations ignore OFAC requirements and end up in hot water when they inadvertently pay someone on the SDN list. The new best practice discussed will help you avoid that nightmare. While most best practice organizations are currently using IRS TIN Matching, there is a new change in when to TIN match. The COVID crisis shined a light on the issue of remote work expense reimbursement policy, something that was a minor issue at most organizations. This has changed as have the best practices around how to receive invoices. Finally, new frauds focused on accounts payable are the range requiring organizations to up their game when it comes to fraud protection, relying now on techniques that could be more aptly described as fraud protection advanced.
Link to Why Best Practice Matter AP Sound Bite #15: https://youtu.be/SJSme3ZcvKs
Learn more about AP Now at: www.ap-now.com
Sign up for AP Now’s twice a week, free ezine at www.ap-now.com
More Accounts Payable Headaches No One Talks about [Accounting Alert] takes a look at some of the more prominent problems as told to us by AP professionals. These accounts payable headaches are usually overlooked by the accounting staff but add hours to the workload of the accounts payable staff. That’s why I wanted to call this video, Accounting Alert but was talked out of it. However, these #accountpayable headaches need to be recognized by the #accounting staff and include issues with the purchasing staff and often focus on #invoices.
The last issue is a real doozy and it costs your organization big time, if it happens on your watch. The problems revolve around purchasing and suppliers sometimes playing games with the facts. Sometimes it is procurement and other times it’s the suppliers.
These accounts payable problems revolve around a number of issues including, but not limited to, expense reports, invoices, suppliers, incorrect coding done purposefully, incorrect coding by accident, dealing with purchasing, discrepant invoices, payments, rush payments and accounts payable automation.
There’s a reason accounts payable professionals sometimes talk about training suppliers. It helps avoid some of the headaches discussed in this video.
Link to 127 Best Practices in Accounts Payable (book) https://www.amazon.com/127-Best-Practices-Accounts-Payable/dp/1735100021/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1643998293&sr=8-2
Link to Accounts Payable Headaches No One Talks about [Accounting Alert] https://youtu.be/FDbIf2tHtls
Link to What You Need to Know to Work in AP https://youtu.be/UGFaUkiNPP0
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer, founder AP Now (www.ap-now.com)
Everyone needs a Wordle game strategy when stuck. A #Wordle strategy when you are stuck can be quite simple. These wordle tips when stuck should be part of your #Wordlestrategy, part of the Wordle the rules you follow to win the round.
Do you get stuck occasionally, or even more than occasionally when trying to work a Wordle puzzle? I’ve got 4 simple tips that will help you smash through that hurdle. Now, let me make something clear. When I play Wordle, it’s me against the computer. I don’t rely on doing a google search or checking note or anything like that. It’s just me and the computer.
Sometimes I’ll hit a wall. It’s really infuriating when I have 4 of the letters and I still can’t figure it out. But I have a few tricks up my sleeve, so let me share … and remember, no doing a quick google search etc.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Wordle: Picking the Best First Word https://youtu.be/BGAPtxljHqY
Link to Avoiding Common Wordle Mistakes https://youtu.be/0a5nwui7h6w
Host: Mary Schaeffer (www.ap-now.com)
The One AP Metric You Should NEVER Use – Even though your boss probably loves it! Never use the accounts payable metric cost to process an invoice. If #benchmarking using this #accountspayable (#accounting) metric, you are apt to make some very poor decisions.
That is we recommend that you Never Use this Accounts Payable Metric: cost to process an invoice. Yet that is what happens in many accounts payable benchmarking endeavors. For some reason, competitive benchmarking is what many organizations strive for. They think it is one of many accounts payable best practices. But a competitive benchmarking process makes a lot of assumptions, many of which are faulty and discussed in this recording.
The benchmarking process when it involves invoice processing metrics should be one that makes sense for the organization involved. When looking at accounts payable metrics it is important to do this in the proper context. Accurate accounts payable benchmarking metrics are next to impossible to find, especially when looking for cost to process an invoice. The reasons for this are discussed in this recording.
To properly benchmark accounts payable, it is probably best to benchmark against your own processes. This would be a payables best practices.
When doing competitive benchmarking Never Use this Accounts Payable Metric, the cost to process an invoice. Accounts payable benchmarking is more nuanced. When handled properly benchmarking is a good part of accounts payable best practices.
Link to What You Need to Know to Work in AP https://youtu.be/UGFaUkiNPP0
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Business writing don't do this focuses on the common business writing mistakes people make in business email. What to avoid in business writing will help you avoid making career ending email mistakes. This is true for #accounting professionals as well as those working in other fields. #Businesswriting is often an overlooked skill and many need to focus on it to avoid making common career mistakes.
These go beyond the the 7 cs of effective business communication. The 10 common career mistakes discussed in this video are made by more people than you might imagine. Effective writing skills for accountants and accounts payable is rarely taught. Business email writing basics is important to avoid making the most common of errors.
Business writing help for accountants is rare. To make business email effective, it is imperative that professionals identify the email mistakes to avoid, and then don’t make them. Professional business writing skills are critical, yet effective writing skills for business professionals is not an area covered in the courses offered by most companies to their employees. Yet many could use some basic business writing help. The goal of this piece is to provide business writing tips for professionals.
Link to 3 Common Career Killers: https://youtu.be/rp6c_J3uemA
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Wordle Fun Facts includes some Lego, Google, and Twitter Wordle facts. If you want to know How to always win Wordle, the answer is there is no guarantee. But you can almost always win. Wordle Fun Facts reference Wordle mentions and applications in the popular press, on TV shows and novel ways companies are using #Wordle. In fact, one business magazine (Inc. Magazine) referred to Wordle as the virtual water cooler. #FunFacts #WordleFunFacts
Wordle has fast become part of our popular culture. The Wordle rules are pretty straightforward, guess the right five letter Wordle word of the day, in six tries. With a little bit of strategy anyone can win. While you probably can’t be guaranteed to win all the time, you can come pretty close. When discussing popular culture Wordle is often mentioned.
AP Now set up the wordle information page to share Wordle resources with you. This will help you win Wordle all the time, correction, almost all the time. The wordle game online free so everyone can play. The wordle word game is fast becoming a part of popular culture.
Wordle expert tips are shared in other videos. In this one we are sticking to what we call Wordle Fun Facts. You can join the virtual water cooler by playing Wordle and sharing your results.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys
Link to Wordle: Picking the Best First Word https://youtu.be/BGAPtxljHqY
Link to Avoiding Common Wordle Mistakes https://youtu.be/0a5nwui7h6w
Interested in accounts payable and payment issues (including automation, 1099s, fraud etc.) visit our sponsor AP Now. See our other broadcasts on this channel. Learn more about AP Now at www.ap-now.com
Accounts Payable vs. Accounts Receivable: What’s the Difference is a rather common question. Many outside accounting don’t know what the difference between accounts payable and accounts receivable is. You will sometimes see it written as AP vs AR or AR vs AP. Most in #accounting and #accountspayable understand the nuances of #accountspayablevsaccountsreceivable
That being said, many don’t understand what's the difference between accounts payable and accounts receivable. They want to know accounts payable and accounts receivable meaning and that’s why they do this search. Accounts receivable and accounts payable the opposite sides of a coin, in a manner of speaking. Knowing what is accounts receivable and accounts payable is the basis for a decent accountant.
What is accounts receivable and payable is an often searched google question, sometimes written as ap vs ar or perhaps ar vs ap. Another way this issue is researched is through the google search payment receivable.
To bring the points home in this short talk, real-life examples of accounts payable and accounts receivable are included. Receivables and payables are key issues for most organizations as they relate to the cashflow of the company, which some refer to as its lifeblood. Payables and receivables are critical. Accounts billable is how a few refer to their receivables. Payments and billing must be kept up to date if the organization wishes to survive. The talk also includes real life accounts payable examples, as well as real life accounts receivable examples.
Link Finding Cash Hidden in Accounts Payable https://youtu.be/fnpegmMJAE0
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (www.ap-now.com)
Accounts Payable Headaches No One Talks about [Accounting Alert] is an issue every company should address. These accounts payable headaches are often overlooked by the accounting staff. That’s why I wanted to call this video, Accounting Alert but was talked out of it. #accountpayable headaches need to be addressed by the #accounting staff and these include some #automation issues.
These accounts payable problems revolve around a number of issues including, but not limited to, expense reports, invoices, suppliers, rush payments, dealing with purchasing, fraud, fraud protection, discrepant invoices, duplicate payments, rush payments, invoice automation, automation and accounts payable automation.
There’s a reason accounts payable professionals sometimes talk about training suppliers. That’s because suppliers who don’t follow the company rules create an enormous amount of additional work for the accounts payable staff, as do those employees who turn in late expense reports. Other issues related to supplier pushback that create headaches for those who work in accounts payable include collecting W-9s, vendors who refuse to supply W-9s, the constantly changing 1099 rules, and 1099 reporting in general. These 1099s cover independent contractor rules for tax reporting.
Link to 127 Best Practices in Accounts Payable (book) https://www.amazon.com/127-Best-Practices-Accounts-Payable/dp/1735100021/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1643998293&sr=8-2
Link to What You Need to Know to Work in AP https://youtu.be/UGFaUkiNPP0
Learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer, founder AP Now (www.ap-now.com)
Do you know the Wordle The Secret Winning Strategy? The Wordle secret strategy doesn’t break the wordle the rules or the wordle game instructions. When you play #wordle your #wordlestrategy should include a strategic #wordlefirstword. That’s when the secret (but fairly obvious, once I tell you what it is) will kick in.
Today many, many people know how to play wordle and are looking for the edge that will help them win wordle wordle at every time. The secret strategy doesn’t break the wordle the rules and can probably be considered one of many wordle expert tips.
Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm
Link to Wordle: Picking the Best First Word https://youtu.be/BGAPtxljHqY
Link to Avoiding Common Wordle Mistakes https://youtu.be/0a5nwui7h6w
AP Now set up the Wordle information page on its website to help its members who play Wordle every day. They know that the wordle game online free and most know how to play wordle.
They are simply looking to refine their game, for the strategies to win wordle. The wordle game play is fairly straightforward if you know how to play wordle online. And don’t forget to check out wordle twitter, where many post their daily scores.
Watch the video to learn Wordle The Secret Winning Strategy The Wordle secret strategy will take your Wordle game to the next level and can easily be incorporated into your wordle strategy.
Learn more about AP Now at www.ap-now.com
Expense Reporting Trends Receipts focuses on changing Expense Reporting Trends when it comes to receipt requirements. Most expense reporting system do not identify easily expense report abuse. That’s why there has been a seismic change in the requirements most companies have for their employees and their expense reports.
This has nothing to do with the IRS receipt limit but rather corporate perception of employee behavior based on experience. Unfortunately, there is quite a bit of expense report game playing in the business world. Although most people don’t really like to think that expense report abuse is significant, it happens more than you might imagine.
Expense report trends revolve around receipts and the detailed meal receipt. Spot checking is an acceptable process especially for those not using an automated expense reported process. While verifying receipts can be a tedious process it is critical when it comes to identifying expense report fraud. Regrettably expense report abuse is endemic and thus every organization must address it. The old $24.95 problem has expanded to include many other types of gameplaying that ultimately defraud the employer.
Expense Reporting Trends with regards to Receipts employees must turn in with their expense reports focuses on changing Expense Reporting practices and receipt requirements. Corporate requirements can be different than IRS requirements, if they are more stringent.
Watch Questionable Employee Expense Reporting Habits that Cost Your Company: https://youtu.be/zfimnwx64IE
This is sound bite #69
Watch sound bite #55 Questionable Employee Expense Reporting Habits that Cost Your Company https://youtu.be/zfimnwx64IE
Learn more about AP Now: www.ap-now.com
8 Accounting Misconceptions about Accounts Payable focuses on the misconceptions about accounts payable held by many accounting professionals, including controllers and assistant controllers. They may understand accounting basics but when it comes to accounts payable, it’s a whole different story. #accounting #accountspayable #payments
The basic accounting function usually includes the accounts payable team intent on weeding out duplicate payments and identifying unscrupulous vendors. Yes, there are some. Most accounting tutorials don’t look into that.
Fraud is an ongoing issue for every accounts payable team. The accounts payable group handles a lot more than just basic bookkeeping. They need to know the latest information about fraud protection to ensure money isn’t sent to someone who shouldn’t get it. It is part of accounting explained as it is key to protecting the bottom line.
While automation, be it invoice automation or accounts payable automation, helps run a more efficient operation, it is not the silver bullet many were hoping for. As part of the accounting equation, accounts payable automation has its place. The accounts payable function has a meaningful role in the accounting cycle, and the professionals who work in the department are a lot more than paper pushers. To call accounts payable paper pushers undermines the hard work they do as it relates to the general ledger, income statement, balance sheet.
This is Episode 139 of the AP Now Podcast
Watch 9 Reasons Why Your Automation Project Fails https://youtu.be/Z3oITKT0LR0
Watch Who Knew you Needed to Know so Much to Work in AP https://youtu.be/UGFaUkiNPP0
Learn more about AP Now at www.ap-now.com
Wordle Winners: Avoid These 10 Common Mistakes, Wordle Winners create a Wordle strategy that includes Wordle Mistakes to Avoid. Common Wordle Mistakes are made more frequently than you might imagine. #Wordle #Wordlemistakes #Wordlewinner
If you are looking for a Wordle for idiots, this is the video for you. It focuses on wordle play online and helps with your Wordle strategy. The wordle game online free and best of all, there is a new wordle game every day, every single day.
If you want to win wordle avoid the errors detailed in this talk. If you want to know how to win wordle make sure you don’t do the silly things discussed herein. It contains not just wordle tips but wordle expert tips. Yes, wordle is free, wordle free. The wordle rules are easy to understand and once you do, you will know how to win wordle, almost every single time. Just avoid wordle mistakes, especially the silly ones. By avoiding common wordle mistakes you can win wordle, almost every time. So, focus on Wordle Mistakes to Avoid and then don’t make them.
If you want to be a wordle winner, avoid these common silly mistakes. They can make the difference between you solving the #Wordle word of the day or not.
Wordle: The Rules, Strategy and Expert Tips Kindle Link: https://www.ap-now.com/snip/111.htm
Wordle: The Rules, Strategy and Expert Tips Book Link: https://www.ap-now.com/snip/112.htm
Link to How to Play Wordle: https://youtu.be/U3Qi4UBaKKw
Link to Wordle: Picking the Best First Word
Learn more about AP Now at www.ap-now.com
Link to Creating a Social Media Presence Episode 121: https://www.youtube.com/watch?v=OuJfBGrJGnY&t=825s
Learn about AP Now at www.ap-now.com
Protect against USB Flash Drive Scams, the newest scourge sweeping the business world. Learn how this fraud is being perpetrated and how to protect against usb scams. #Accountspayable and #accounting professionals need to know about this latest usb flash drive fraud. #Accountspayable and #accounting #fraud protection planning means now focusing on where those USB drives came from.
Unfortunately, this usb flash drive scam alert is very real. The details of the amazon flash drive scam are explained in the video. This is more than just a fake flash drive. It is one of the newest fraud trends, the usb flash drive scam.
Corporate fraud protection means taking every new fraud alert seriously. Fraud prevention detection is a critical part of any fraud protection advanced protocol. Also be aware of the covid warning flash drive scam, another variation of this fraud. Make sure it is part of your fraud protection 2022 processes for payment fraud management continues to be an important issue for all companies.
This is just one of many payment fraud trends, directly impacting accounts payable fraud planning. The payment fraud management is a critical part of any accounts payable and/or accounting function.
This is sound bite #67
Link to Fraud Protections that No Longer Work: https://youtu.be/v_ZI6K6Es4Y
Learn more about AP Now at www.ap-now.com
It is critical that every company learn how to protect against USB Flash Drive Scams. This is just the latest scourge sweeping the business world. Learn how this fraud is being committed and how to protect against usb frauds.
Accounts payable Lessons Learned from Julia Child [Accounting too] focuses on career lessons for anyone in the business world, especially those dealing with the Imposter Syndrome. If you only know Julia Child from Saturday night live, you’ve missed a lot. #accountspayable #accounting #JuliaChild
Accounts Payable Career Lessons Learned from Julia Child has valuable insights for Accounting professionals too, it’s not just applicable for accounts payable. Lessons learned from Julia Child include you are never too old for workforce and don’t deal with the Imposter Syndrome – you belong. The Accounts Payable Career Lessons professionals can learn from Julia Child are many.
Accounts payable lessons learned relies on the example of Julia Child and the imposter syndrome for management insights for accounts payable. It is good to remember the accounts payable customer service attitude when considering your career. The Imposter syndrome female is a real issue, with many women falling victim to it. They forget to sometimes compromise at work as that is one way how to start building confidence. The example of Julia Child includes many career building insights.
This is episode 138 of the AP Now podcast.
Link to Lessons Learned from Jeff Bezos: https://youtu.be/tKNkkZZQqZU
Learn more about AP Now at www.ap-now.com
Accounts payable Lessons Learned from Julia Child [Accounting too] is about the career lessons we all need to learn. It is for anyone in the business world, especially those dealing with the Imposter Syndrome, which unfortunately many women are, as well as quite a few men.
Wordle is sweeping the Internet. Wordle: Best Starting Word will give you a leg up when selecting the best starting word for wordle. If you want to know how to play the wordle word game, you need to be able to select the best starting word.
Wordle game instructions start with a blank screen, so it helps to have strategically pick that first word rather than randomly selecting any five letter word. Wordle and accounts payable often go together. The wordle starting word is critical when it comes to success in playing the game.
Wordle rules limit you to six chances to guess the five-letter word. It may seem impossible but many are doing it in even fewer guesses. What is wordle? The newest and probably most popular of all internet word games, wordle game is attracting all sorts of professionals.
Wordle tips begin with selecting the right first word. This presentation includes where to find wordle. How to play wordle begins with selecting the wordle starting word. It should be part of everyone’s wordle strategy. Wordle is occasionally misspelled as wordel. The wordle game online is free, that’s right wordle is free. So, to everyone who asks is wordle free, the answer is yes. Likewise the answer to how much does wordle cost, is nothing! There is a new wordle game every day, but only one.
Wordle wordle is a word puzzle, an online relatively easy word puzzle, if you follow some basic strategies you will win wordle. How to win wordle is simply a matter of combining a little knowledge with some operational savvy.
Link to How to Play Wordle: https://youtu.be/U3Qi4UBaKKw
Link to Episode 130 on Digital Currencies: https://youtu.be/I45FEn0vnI8
Learn more about AP Now at www.ap-now.com
Putting together an accounts payable policy and procedures manual fast is desirable. Who creates the #accountspayable manual depends because creating a manual for accounts payable is critical for all #accounting groups. #proceduresmanual
Creating an accurate and up-to-date policy and procedures manual fast is a trick all savvy professionals should know, whether they work in accounts payable, accounting, audit, treasury or elsewhere in the company. Because they are so important everyone should know how to make policy and procedures manual.
In case you are not already cognizant, we’ve got a separate sound bite, link below on Why you need an accounts payable policy and procedures manual.
Most professionals are aware that they should update accounts payable policy and procedures manual on a very regular basis or they won’t have a current policy and procedures manual. The accounts payable manual is the bible for how the accounts payable function, but only if it is updated on a very regular basis.
This is accounts payable sound bite #65
Link to Why Policy and Procedures Manual Matters (#14) https://youtu.be/_Oe5rU3WFgE
Link to Why Best Practices Matter (#15) https://youtu.be/SJSme3ZcvKs
Learn more about AP Now: www.ap-now.com
All professionals should know how to put together an accounts payable policy and procedures manual fast. Who creates the accounts payable manual will vary from organization to organization. The important issue is not necessarily who should do it but rather that it gets done.
9 reasons why your automation project fails provides insights, as well as a solution to the problems plaguing the #accountspayable #invoice #automation process. Vendor automation issues are often at the crux of the issue. Every organization should address accounts payable vendor issues if they wish to avoid invoice automation surprises.
Invoice automation is a hot topic in the accounts payable and accounting space. It is critical that all organizations avoid invoice automation pitfalls, which as discussed in this piece are many. Accounts payable best practices demand the best processes for handing invoices. Automation anywhere invoice processing came in handy when COVID hit. Vendor invoice automation helped greatly. The accounts payable automation process should avoid the pitfalls discussed in this piece. Too often, these issues are overlooked as they are on the other side of the ledger, so to speak.
The accounts payable invoice automation process is fast becoming a critical component of all accounting functions. Often that is augmented by invoice automation software, or accounts payable automation applications.
This is episode 137 of the AP Now podcast.
Understanding the reasons why your automation project fails is critical to a best practice accounts payable function. This piece provides insights, as well as a solution to the problems plaguing the accounts payable invoice automation processes. Vendor automation issues are often left unaddressed, thus continuing to create problems. Every company should evaluate their accounts payable vendor issues if they wish to avoid invoice automation nightmares.
Learn more about AP Now at www.ap-now.com
Learn more about the Global Accounts Payable Virtual Summit at: https://www.ap-now.com/public/Global-Accounts-Payable-Virtual-Summit.cfm
This pop quiz internal controls will help you determine if you have the proper invoice controls, or invoice internal controls. This issue is part of any good accounts payable best practices training. The issue of internal controls in accounting is critical if you wish to avoid duplicate payments, which virtually every company does.
Lack of these controls is why why invoices get paid twice. If you wish to stop paying duplicate invoices it is critical that you adopt invoice best practices. If you wish to avoid fraud then the insights on change of bank account requests will be of great use to you. Accounts payable best practices, especially when it comes to invoice best practices training, sometimes referred to as invoice processing best practices, will include all of these controls.
Training for accounts payable and accounting is key if you wish to avoid weak internal controls in accounts payable. Strong internal controls in accounts payable are critical whether discussing invoice processing or other accounts payable issues.
Watch Changing Invoice Best Practices playlist:
https://www.youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh
Learn more about AP Now: www.ap-now.com
One way to determine if your controls are up to snuff is to take this pop quiz in internal controls. Strong invoice controls should be a part of all accounts payable best practices. Invoice internal controls should be part of any good accounts payable best practices training. The issue of internal controls in accounting is important as companies everywhere strive to avoid duplicate payments.
Host: Mary Schaeffer (www.ap-now.com)
Expense reimbursement stories funny focuses on stories shared by AP Now members, who are accounts payable, accounting and P2P professionals. These humorous expense reimbursement stories are based on incidents that happened in real life to some of AP Now’s members. These #expensereimbursement incidents happened to #accountspayable and #accounting professionals
Clearly, accounts payable best practices are not in play in these incidents. The folks involved might need some accounts payable best practices training, that includes a review of expense reimbursement issues. Expense reporting is sometimes referred to as T&E, which stands for travel and entertainment.
At the end of the video, we refer to accounts payable cartoons, which appeared in the book, 127 Best Practices for Accounts Payable. They demonstrate that there really is humor in accounts payable. While these stories are not meant to demonstrate expense report game playing per se, they do employ questionable employee expense reporting practices.
Employee expense reports are a key area for discord between employees and the staff who is responsible for reviewing them, whether or not there is expense report abuse. Expense reporting systems sometimes prevent this type of expense report games employees play, as well as, expense report abuse.
Link to watch Cartoons in Accounts Payable: https://youtu.be/8Eso_DGUJjs
Link to get more information about or order 127 Best Practices in Accounts Payable https://www.ap-now.com/products/item195.cfm
Learn more about AP Now: www.ap-now.com
Learn more about the different levels of membership in AP Now at: https://www.ap-now.com/public/Membership-in-the-AP-Now-has-its-advantages.cfm
Learn more about the March 2022 Global Accounts Payable Virtual Summit [We’ve made it affordable for everyone] https://www.ap-now.com/public/Global-Accounts-Payable-Virtual-Summit.cfm
Host: Mary Schaeffer (www.ap-now.com)
How Modest People Can Toot their Own Horn – without Sounding Like a Braggart is not easy. This episode shows that making management aware of your accomplishments is something every professional should do if they are looking for career success and/or a promotion. It is frequently difficult for those in #accountspayable and other #accounting areas to accomplish this.
How Modest People Can Toot their Own Horn shows listeners how to promote yourself without bragging. This is critically important in the career development for women, for many feat that bragging at work will reflect poorly on them. They do not wish to be seen as a braggart. Yet, if they don’t toot their own horn, who will. Frequently, unfortunately, the answer is no one.
If you are working on improving your image at work, these tips can help. Modest people can toot their own horn without coming across as obnoxious or unnecessarily aggressive. How Modest People Can Toot their Own Horn – without Sounding Like a Braggart is a skill every profession should acquire. To a few it comes naturally. To the rest, we have to work at it. This is especially true in professions dominated by women, such as accounts payable.
Learn more about AP Now at www.ap-now.com
Sign up for AP Now’s twice a week, free ezine or learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (https://www.ap-now.com/)
Protect against Gift Card Scams is an important issue at year end. What accounts payable needs to know to protect against gift card scams is extensive. Scammers are getting better at frauds that utilize gift cards. Crooks are using #giftcardscams and #giftcards as their newest tool in the game of #fraud.
Some might as can I pay my IRS bill with gift cards and the answer is a resounding No. That should be a huge red flag that you are dealing with a crook, if they ask or demand payment via a gift card. Once you give them the gift card both they and your money will disappear.
The session explains what gift cards to crooks prefer for there are certain types of cards they seem to favor. Of course, over time that could change. Scammers using gift cards know how to play with the gift card activation software and use it to their advantage.
Gift Card Scams Explained: What You Need to Know provides the insights every person needs to arm themselves with so they don’t get defrauded. Gift Card Scams Explained attempts to do that. Some of the more popular fraud approaches include the amazon gift card fraud and target gift card fraud.
While most people don’t report this type of fraud, it is exceedingly helpful if you do. Reporting gift card fraud can be done at: ftc.gov/complaint
This is Accounts Payable Sound Bite #62 produced by AP Now.
Learn more about AP Now at www.ap-now.com
3 quick 1099 questions for accounts payable and accounting focuses on some 1099 areas people are not aware of. The 3 quick 1099 questions for accounts payable addresses some fine points in the regulations.
Link to IRS 1099 Rumors: https://youtu.be/hnZ7XqvrLUM
Holiday Wishes for Your Year End and 2022 from AP Now AP Now is joining with the AP Association-UK for the first ever Global AP Virtual Summit in March. It is priced to be affordable for all; $35 for the two days.
Information and register: https://www.ap-now.com/public/Global-Accounts-Payable-Virtual-Summit.cfm
Learn more about AP Now at www.ap-now.com
New Years Resolutions for Professionals is an issue discussed towards year end. It is good career advice for accounts payable. That's why many suggest new years resolutions for accounts payable. It is a way to increase professional visibility.
There were several ways discussed for #accounts payable professionals to get more visibility including participating in the accounts payable global virtual summit, the AP Now podcast, and/or the AP Hub. #Accounting can also use these new years #resolutions to propel their career to the next level.
Setting new years resolutions 2022 is one of the many ways on how to be successful with new years resolutions. These can increase visibility in the workplace. These are not just accounts payable but also new years resolutions for accountants. They demonstrate how to increase visibility at work. You can have lunch with peers to improve visibility.
New Years Resolutions for Professionals is an important factor related to good career advice for accounts payable. Deciding on new years resolutions for accounts payable is a way to increase professional visibility, which is an important component to climbing the corporate ladder.
This is Episode 132 of the AP Now Podcast
Learn more about the Global AP Virtual Summit at https://www.ap-now.com/public/Global-Accounts-Payable-Virtual-Summit.cfm
Sign up for AP Now’s twice a week, free ezine or learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (https://www.ap-now.com/)
Co-host: Jamie Radford (https://www.ap-association.com/)
Credit: Music: https://www.purple-planet.com
Cash Hidden in Accounts Payable: 3 Simple Ways to Find It provides clues to watchers on finding cash in accounts payable. This will help accounts payable improve profitability, something every organization should be anxious to do. Accounts payable profitability results in an accounting add to bottom line. #accountspayable #accounting #cash
When accounts payable add to bottom line, the result is an increase in accounting profitability. When accounts payable improve bottom line everyone benefits. This talk has some quick tips for accounts payable that will help improve accounts payable process.
One such way to do that is to earn more early payment discounts. But that is only part of the strategy. This talk includes tips for accounts payable, that will enable the improving accounts payable process and at the same time show how accounts payable can improve bottom line.
Watch 5 Ways to Earn More Early Payment Discounts: https://youtu.be/8dxvSdlOZ6g
Many organizations neglect to look for the cash hidden in accounts payable. This is effectively leaving money on the table. We share 3 simple ways any organization can find the cash that is rightly theirs – if they take the appropriate steps. This talk provides tactics watchers can use to find cash in accounts payable. Doing so will enhance the accounts payable improve profitability, something companies everywhere should focus on.
This is Accounts Payable Sound Bite #61 produced by AP Now.
Learn more about AP Now at www.ap-now.com
Real Time Payments: What You Need to Know focuses on the changing payment world. Nacha’s Rob Unger joins the podcast to share real time #payments explained in detail for the #accountspayable, #accounting and treasury community. One of the first issues real-time payments vs wire transfers is examined in some detail.
Of course, since Unger is from Nacha, one of the first issues examined is: is same day ach an instant payment. This becomes especially relevant due to the increase scheduled for March when the limit will go to $1 million. Reals time payments are one of several new payment tools now available to the business community. That is why AP Now and Mary Schaeffer believe it is critical to have real-time payments explained in terms the average person can understand.
One of the issues surrounding the possible implementation is real time payments and fraud. It is not a matter to be looked at lightly. It is imperative that end users are careful with their credentials, which doesn’t always happen. That caveat being noted, changes in payments for accounts payable and accounting is an issue everyone needs to address.
Whether it’s zelle venmo paypal, nacha same day ach or something else, you need to arm yourself with the information you need to make an informed decision. We see companies everywhere debating about checks wires real time payments and other options. Real-time payments vs checks may be an issue as checks continue to prove problematic. The future of real time payments is discussed at the end of the chat as well as preparing for real time payments in the business world. The real-time payments system is here to stay.
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Rob Unger (https://nacha.org)
3 Reasons Why Invoices Get Paid Twice—And How to Stop It focuses on a persistent issue: Why Invoices Get Paid Twice—And How to Stop It. Why Invoices Get Paid Twice is an issue that often eludes #accountspayable and #accounting professionals. Duplicate payments is a serious problem and one that every organization is at risk for, if they don’t understand why invoices get paid twice and take the appropriate precautions to protect against it.
The duplicate payment risk is multi-pronged. It can happen from both duplicate and erroneous payments and hurts the bottom line. That’s why avoiding duplicate payments is something every organization needs to protect against because, remember, most suppliers will not automatically return the duplicate. This can sometimes happen inadvertently to organizations that decide to do payment timing or extending payment terms. While they many not intend this to be invoice games, alas, that is sometimes what happens. That’s why it is important that processors know how to code invoices in accounts payable.
It is critical that all business professionals have a thorough understanding of the Reasons Why Invoices Get Paid Twice and they learn how to stop that from happening in their organization. A focus on the persistent issue of invoices being paid twice is important, unless you don’t mind taking a hit to your organization’s profitability. Learning how to stop this pernicious problem starts with an understanding of why invoices actually get paid multiple times. The problem of making duplicate payments is one that every company is at high risk for, if they don’t take the proper steps to guard against.
Watch Why Best Practices Matter at: https://youtu.be/SJSme3ZcvKs
Watch Avoiding Duplicate Payments when Paying by Wire Transfer at: https://youtu.be/lYFOjBOmr9c
This is accounts payable sound bite #60
Learn more about AP Now at www.ap-now.com
Digital Payments Explained in Detail provides an introduction to cryptocurrency. It explains how do digital payments work and can be viewed as An Introduction to Digital Payments. It also does a find job of digital payments explained. It focuses on #digitalpayments for #accountspayable and #accounting professionals.
Another title for his work might be cryptocurrency for beginners focusing on how does digital payments work. A look at Digital Payments: Crypto 101 For Accounting, Accounts Payable and Treasury Professionals provides the basics of the cryptocurrency payment process for those who need to know.
Cryptocurrencies include not only bitcoin but for example Ethereum explained in detail. This is a digital payments tutorial exploring the digital payment revolution that is now enveloping the business world. If you want to know how digital payments work, listen closely as the process is explained here.
This is Episode 130 of the AP Now podcast.
Sign up for AP Now’s free twice-a-week ezine. Use box at left of www.ap-now.com
Digital Payments are explained in detail in this introduction to cryptocurrency. It will not be long before every business professional needs to know how do digital payments work. That’s where this Introduction to Digital Payments comes in handy. Digital payments explained is part of this overview of cryptocurrency for beginners.
If you need to know how does digital payments work this will help. Digital Payments: Crypto 101 For Accounting, Accounts Payable and Treasury Professionals provides much needed information. It is a digital payments tutorial, much needed as business progress through the digital payment revolution.
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Lee-Ann Perkins (https://linkedin.com/in/leeannperkins
Credit: Music: https://www.purple-planet.com
3 Common Career-Stalling Mistakes in AP highlights common career mistakes women make. Men make them too but they are more likely to be common career killers for women. Anyone who wants to get ahead at work should avoid common career mistakes. #accounting #career #accountspayable
While these are common early career mistakes, that is not the only time they happen. It is how women sabotage their careers most frequently without even realizing it. These are definitely the very basic career mistakes to avoid at work. They are common career no-nos for women, as well as men. It is too easy to derail a career and not even realize it. That’s why you want to avoid these career killers as much as possible.
Career success tips for women start with avoiding making obvious mistakes, which unfortunately happen more frequently than you might imagine. Career development for women needs to focus on these issues as well as other ones. For you can bet that this is not how powerful women get ahead, they avoid these career killers at all costs.
How women in business succeed is a very intricate process, involving not only making the right moves but also avoiding ones that will hurt them. These mistakes in accounts payable career are likely to result in someone being passed over for promotion time and time again, even though they clearly have what it takes to go to the next level.
Avoid these 3 Common Career-Stalling Mistakes in AP at all costs. This video highlights common career mistakes women make. Many men make them as well. Anyone who wants to get promoted at work should avoid falling into these traps.
5 Hacks to a Less Frantic Year End Close in AP provides five simple things anyone with responsibility for accounts payable can do. The year end close in accounts payable is a critical part of the year end close in accounting. It is part of the larger closing the books process. #accountspayable #accounting #yearendclose
Year end close best practices are often ignored. This is unfortunate because the year end close process directly impacts the organization’s financial statements. The year end close process in accounts payable is one part of the full cycle accounts payable process. This includes the accounts payable payments at year end, another critical task.
Payments at year end are essential to ensuring an accurate financial accounting year end. Every financial accounting year end best practice plays an important role in a timely and accurate year end close in accounting and accounts payable.
Another goal for most accounts payable and accounting departments is a smoother year end close. A smoother year end close in accounts payable contributes to a smoother year end close in accounting.
This is Episode 129 of the AP Now podcast.
Sign up for AP Now’s free twice-a-week ezine. Use box at left of www.ap-now.com
5 Hacks to a Less Frantic Year End Close in AP includes tactics everyone with responsibility for accounts payable can. A smart year end close in accounts payable goes a long way towards a successful year end close in accounting.
Host: Mary Schaeffer (https://www.ap-now.com/) Credit: Music: https://www.purple-planet.com
Happy Thanksgiving to the AP community and know that we appreciate all your support. We especially appreciate those thumbs up and comments on our videos.
Learn more about AP Now at: www.ap-now.com Sign up for AP Now’s twice a week, free ezine at www.ap-now.com
This is Sound Bite #58
Communicating Effectively with Your Boss in a Remote Work Situation is especially tricky. Managing up is an important skill for those who want to get ahead in the workplace. It can be difficult. Communication with your boss is an important component of a Managing Up strategy.
Anything regarding an Communications improve will definitely be a plus for your career mobility. It should be a goal for everyone to improve communications in the workplace, and of course that should start with your boss. Managing up communication with your boss is always a challenge. Managing communications with your boss when remote presents unique challenges that many don’t really think about—but should.
Communication skills management consists of three layers: managing down with the folks who report to you, managing laterally with your peers, and managing up with the people who are higher than up in the corporate structure. Guess where most people have a problem? And guess which feature is most important. We’ve all run across colleagues whose main skill is effectively managing their bosses. While we may not admire these folks, it wouldn’t hurt to take a page or two from their book when it comes to communication.
It is critical that your communication skills in business management are strong. Sometimes, effective communication in the workplace simply requires some training and effort.
This is Episode 128 of the AP Now podcast.
Sign up for AP Now’s free twice-a-week ezine. Use box at left of www.ap-now.com
Host: Mary Schaeffer (https://www.ap-now.com/) Credit: Music: https://www.purple-planet.com
Evaluating Email to Determine if It Is Legit is an important skill when it comes to fraud protection 2021. In fact, I’d call it fraud protection advanced 2021. Fraudulent emails fill the boxes of accounts payable, accounting and audit professionals. Therefore, it is critical that professionals know how to evaluate an email to determine if it is legit.
Fraud protection advanced requires that #accountspayable, #accounting and audit professionals know how to weed out fraudulent #emailscams. This skillset should be part of every corporate fraud protection program. When it comes to accounting, accounts payable, and audit, unfortunately, email fraud is a very real problem. Identifying these phony emails should be part of every accounts payable fraud protection program.
Evaluating Email to Determine if an email Is Legitimate is an important skill when it comes to fraud protection in 2021 and 2022. Is your staff able to do this?
Payment fraud prevention and detection requires the ability to identify emails scams. Good payment fraud management is a tactic AP Now advocates for as part of any organizations fight against occupational fraud, cyber fraud, and accounts payable fraud. How to recognize cyber fraud is unfortunately a needed skill as is how to recognize email fraud, as well as newer frauds and email scams 2021.
Link to Can You Spot the Phony Email Address: https://youtu.be/8IkeqkkQ2Do
This is Episode 127 of the AP Now podcast.
Sign up for AP Now’s free twice-a-week ezine. Use box at left of www.ap-now.com
Host: Mary Schaeffer (https://www.ap-now.com/) Credit: Music: https://www.purple-planet.com
Fraud Update: Protections that No Longer Work and More provides updates on two really good fraud protection tactics that unfortunately are no longer 100% foolproof. This Fraud Update also includes a look at one type of #fraud attempt that is exploding in the #accountspayable and #accounting groups across the country.
It is upsetting to find that criminals have found a way to make fraud Protections that no longer work. They focus on the external email warning banks as well as notices of safe scans. Payment fraud trends and prevention move quickly making payment fraud management really important because new frauds focusing on accounts payable are growing.
Payment fraud prevention and detection should be a top priority for anyone who works in, manages or has responsibility for the accounts payable function. The fact that email external mail warnings are no longer as effective as they once were is upsetting. Fraud tactics and tricks continue to grow. That’s why technology and fraud go hand in hand, especially when it comes to preventing technology fraud. These are frauds enabled by technology including fraud email money transfer and fraud email change of bank account.
Learn more about AP Now at: www.ap-now.com
Sign up for AP Now’s twice a week, free ezine at www.ap-now.com
This is Sound Bite #56
This Fraud Update targets Protections that No Longer Work and More. Regrettably, fraud Protections that no longer work mean that managers have to revise their protocols. Payment fraud management is critical as there are so many new frauds focusing on accounts payable.
Accounts Payable Internal Controls: People focuses on the often-overlooked accounts payable internal controls around people. Accounts payable segregation of duties is discussed, of course. This piece also has a story about a crazy way one fraudulent employee figured out to get around the company controls. This employee worked in the #acconting department, although he definitely touched the #accountspayable function through lack of appropriate #internalcontrols.
Accounts payable separation of duties is an important consideration when evaluating internal control weaknesses in accounts payable. For best practices internal controls definitely include appropriate separation of duties.
Internal controls accounts payable always includes internal control best practices for the accounts payable function. This is typically part of the accounting function. The mandatory vacation internal control is overlooked at something like 90% of all organizations making fraud just a tiny bit easier to perpetrate. Internal controls and fraud is a critical issue as we deal with the new frauds continually being throw at us. It is imperative that every organization use internal control best practices related to the people in their accounts payable function.
This is Episode 126 of the AP Now podcast
Link to Accounts Payable Internal Controls You Shouldn’t Use: https://youtu.be/2_LxF_DmNCI
Learn more about AP Now: https://www.ap-now.com
Sign up for AP Now’s twice a week, free ezine or learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Becoming more assertive tips on speaking up focuses on how to be more assertive at work as a woman, as well as a man. Becoming more assertive is important for many #accountspayable and #accounting professionals. The session starts with a talk on identifying and dealing with passive aggressive people, identifying and dealing with aggressive people as well as passive situations.
This assertiveness training focusing on communication skills. Communication skills are important part of personal development. Developing self-esteem means learning how to be assertive or how to be more assertive.
Speaking up for yourself is one of the important ways to becoming more assertive. Speaking up for yourself at work is a critical skill for everyone in the business world. You will need to communicate effectively at work if you want to get promoted.
The session has tips for you to communicate with aggressive people as well as identifying your personality type. It will also explain the difference between assertive and aggressive. Many don’t realize that aggressive personalities often rely on bullying techniques that create a toxic work environment. By learning how to behave assertively but not aggressively you will be able to stand up for yourself, advance your career, reduce stress without having to walk all over other people.
Learn more about Deborah Thomas Nininger’s programs at www.DTN-Productions.com
Learn more about AP Now: https://www.ap-now.com
Sign up for AP Now’s twice a week, free ezine or learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Deborah Thomas Nininger (www.DTN-Productions.com)
Credit: Music: https://www.purple-planet.com
Reduce the Number of Invoices Missing Key Information Needed to Pay Them addresses a problem every accounts payable group faces. Reduce the Number of #Invoices Missing Key Information is one way to run a more efficient accounts payable function – a key goal for #accounting managers responsible for #accountspayable.
Invoices Missing Key Information is a critical issue when trying to run an efficient accounts payable operation. Invoices ideally should be handled once. But if they are missing critical information, that is not possible. This is one of many Invoice problems impacting accounts payable efficiency and accounts payable productivity.
These time wasters in accounts payable make running an efficient operation difficult. Time wasters in accounting or accounts payable increase the cost of running the department, making the Accounts payable less efficient that it might otherwise be. This means that they might inadvertently make a duplicate payment. That is why it is critical that invoice processing be as efficient and effective as possible. One way to do this is to Reduce the Number of Invoices Missing Key Information Needed to Pay Them. That makes the whole process run a lot smoother.
The invoice number is a critical component as those in accounting are aware.
Learn more about AP Now at: www.ap-now.com
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This is Sound Bite #54
Excuses Every Accountant Hears for Poor Bookkeeping Habits is an amusing but sadly accurate reprisal of the excuses accountants hear on a very regular basis. This is true whether they are QuickBooks excuses every accountant hears for poor bookkeeping habits or the excuses given when using other accounting software.
QuickBooks Monday is a sporadic series and is part of the AP Now podcast. This session is of particular interest to those who wonder what is QuickBooks and how does it work. The excuses highlight weak accounting practices, which are inherently also weak QuickBooks practices or weak QuickBooks controls. #Quickbooks #accounting #smallbusiness
They are prevalent as many accountants are aware when acting as the accountant small business. The client excuses, while humorous to those who don’t have to deal with the fallout from these weak controls, can be catastrophic. The accounting for receipts and payments is critical for good accounting by its very nature means getting all receipts. Excuses Every Accountant Hears for Poor Bookkeeping Habits are not limited to QuickBooks. Alas, they are the excuses accountants hear day in and day out. QuickBooks excuses every accountant hears for poor bookkeeping habits are sadly the same as the excuses given for those using other accounting software as well. QuickBooks Monday, a sporadic series running under the AP Now podcast umbrella addresses the basic issues like what is QuickBooks and how does it work, as well as other issues related to QuickBooks and accounting including but not limited to weak accounting practices and weak QuickBooks practices.
Register for Beth’s QuickBooks Training at: https://bba.vipmembervault.com/products/courses/view/1097847
Learn more about the Facebook Group for QuickBooks users, Hitting the Books: https://www.facebook.com/groups/hittingthebooks
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Beth Blaney (https://www.bethblaney.com/
Accounts payable tax reporting, including 1099 webinars for 1099, is critical for all organizations. Accounts payable tax reporting including the latest IRS 1099 Rumors should be provided to every accounts payable group responsible for Accounts Payable 1099 Reporting.
In this session we review the latest IRS 1099 rumors and new reports about the IRS wanting to monitor bank accounts. This has implications for the accounts payable departments responsible for issuing 1099s and it is one of the reasons why AP Now offers 1099 webinars. The IRS is serious about closing the tax gap and is looking for additional resources to increase enforcements, better known as audits. This includes information reporting audits, including audits of the 1099s issued each year. #AccountsPayable #1099 #Accounting
This is why it is critical that accounts payable 1099 training be offered to those who will do the reporting. When you read the stories about President Biden and his quest to have more reporting from the banks, it is not hard to draw a line to the IRS looking from more accurate 1099 form reporting in 2021.
At the end of the session, we discuss a startling rumor making the rounds. Hot off the press: IRS 1099 Rumors will seriously impact 1099 tax reporting everywhere as closing the tax gap becomes a priority.
That is why training for correct IRS tax reporting when preparing for year end is critical. AP Now offers training in the form of 1099 webinars 2021 and a 1099 e-workshop to help organizations with their annual tax reporting.
AP Now’s 1099 Webinars: https://www.ap-now.com/products/item113.cfm
AP Now’s 1099 e-Workshop: https://www.ap-now.com/products/1099-eWorkshop.cfm
Learn more about AP Now at: www.ap-now.com
Sign up for AP Now’s twice a week, free ezine at www.ap-now.com
This is Sound Bite #53
10 lousy invoice practices focus on 10 weak invoice practices. These 10 Invoice Practices that Hurt AP Efficiency are definitely not invoice best practices. In fact, they are #invoice worst practices. Weak controls equate to poor or worst practices in accounts payable as they facilitate all sorts of problems, not the least of which is fraud. This is a serious concern for #accounting and #accountspayable professionals.
In accounts payable invoices are processed, ideally with the greatest accounts payable efficiency. This helps protect the organization against fraud and duplicate payments while keeping costs down. The goal is to use all accounts payable best practices and avoid at all accounts payable worst practices, which the matters discussed in this piece definitely are.
Some of the issues discussed include invoice handling practices, invoices without a purchase order number, invoices without a PO number, the printing of invoices, receiving invoice practices, verifying change of bank account number requests received, use of am invoice coding standards, and invoice processing routines. The worst accounts payable practices are identified along with the likely outcomes – which most organizations will want to avoid at all costs.
Lousy invoice practices are likely to increase the chances of fraud or duplicate payments, increase the odds of a duplicate payment, increase the workload in the accounts payable space and generally make for a less efficient accounts payable process.
This is Episode 124 of the AP Now podcast.
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Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
QuickBooks Monday: Questions Asked when Getting Started with QuickBooks, focuses on the basic information you need to know when getting started with QuickBooks. QuickBooks Monday is a sporadic series focused on issues related to QuickBooks. It is about what you need to know when using QuickBooks.
It is about the QuickBooks accounting training needed by small business owners and their employees who are starting to use QuickBooks. It addresses questions about using QuickBooks online credit card transactions. The guest runs a group on Facebook about QuickBooks called Hitting the Books. #Quickbooks #smallbusiness #accounting
If you wonder how does QuickBooks work the guest on this session, Beth Blaney has a ton of answers. She believes the online version of QuickBooks in the cloud is the one every QuickBooks user should be using.
When it comes to QuickBooks what you need to know to run your business with QuickBooks accounting software is an important issue. This could serve as a QuickBooks online introduction for accounts payable, accounting and small business professions. How to use QuickBooks online is not a difficult topic and a QuickBooks tutorial could get you started.
Sometimes, QuickBooks is erroneously referred to as quick books. How to get started with QuickBooks, what is QuickBooks online, what does QuickBooks online do are issues addressed in this presentation.
Register for Beth’s QuickBooks Training at: https://bba.vipmembervault.com/products/courses/view/1097847
Learn more about the Facebook Group for QuickBooks users, Hitting the Books: https://www.facebook.com/groups/hittingthebooks
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Beth Blaney (https://www.bethblaney.com/)
Future of Technology in Accounts Payable: What You Need to Know features several industry experts discussing the Future of Technology in Accounts Payable. The Future of Technology in AP not only include the Future of Automation in Accounts Payable, it also takes a look at the important issues of vendor portals, payments and of course fraud prevention. #TechnologyinAP is important to #accountspayable and #accounting.
Technology in AP, that is technology in accounts payable, is a critical issue as the Future of Accounts Payable often depends on how well a company selects an accounts payable automation solution. Accounts payable and accounting are concerned about issues like fraud, fraud protection, invoice automation pitfalls, payments and master vendor file. While accounts payable automation is a hot topic today, it is not the only issue on the table. Fraud protection and regulatory compliance are huge issues also.
Whether an organization is considering ap automation or invoice automation an understanding of where technology in accounts payable is going is critical. Selecting the right invoice automation solution will depend on the understanding of ap technology, as well as the accounts payable automation tools on the market today. Payment automation software and solutions are also of growing importance. Ultimately, the group expects automation tools for fraud protection to be an important consideration.
Learn more about the AP Conference: https://apcon.online/
Learn more about Jamie’s LinkedIn Group: https://www.linkedin.com/groups/2390301/
Learn more about Richard’s LinkedIn Group: https://www.linkedin.com/groups/4639331/
Sign up for AP Now’s free twice-a-week ezine. Use box at left of www.ap-now.com
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Lynn Larson (https://www.recharged-education.com/)
Guest: Jamie Radford (https://www.ap-association.com/)
Guest: Richard Pigott (www.Vision360Enterprise.com)
Credit: Music: https://www.purple-planet.com
QuickBooks Monday: Common Quickbooks Misconceptions addresses some commonly held misconceptions about Quickbooks, which is occasionally written as either Quick Book or Quickbook. Of course, both are incorrect. Quickbooks Monday is the name of a limited series run by AP Now about this widely used accounting software. #QuickBooks #accountspayable #accounting
If you want a quick overview on how does look at some common myths about QuickBooks, this session will open your eyes. Common QuickBooks misconceptions made by accountants, as well as the public at large are addressed. Quickbooks cloud is what some folks sometimes call Quickbooks online. In this session, our guest, Beth Blaney a Quickbooks advanced pro advisor shatters some commonly held misconceptions about QuickBooks while addressing what you need to know to run your business with QuickBooks. This accounting software is widely used.
This session provides a basic QuickBooks Online overview for accounts payable, accounting and other professionals interested in learning more about QuickBooks and how to use QuickBooks Online. This QuickBooks tutorial provides the information you need to avoid making common errors. Quick books and how to use QuickBooks is a must-see for all professionals who want a basic understanding of QuickBooks.
If you want to learn how to get started QuickBooks, what is Quickbooks Online and what does QuickBooks online do this is another session for you. There is also a quick mention of which version QuickBooks online to use.
Register for Beth’s QuickBooks Training at: https://bba.vipmembervault.com/products/courses/view/1097847
Learn more about Beth Blaney and Associates at: https://www.bethblaney.com/
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Beth Blaney (https://www.bethblaney.com/)
QuickBooks Monday: What You Need to Know about Quickbooks explains what is quickbooks and how does it work. Quickbooks Monday is the name of a limited series run by AP Now about this extremely popular accounting software. #QuickBooks #accountspayable #accounting
If you want a quick overview on how does quickbooks work this session will provide the answers. Quickbooks cloud is what some folks sometimes call Quickbooks online. In this session, our guest, Beth Blaney a Quickbooks advanced pro advisor shares insight about QuickBooks what you need to know to run your business with QuickBooks. This accounting software is widely used.
This session provides a short QuickBooks Online introduction for accounts payable, accounting and other professionals interested in learning more about QuickBooks and how to use QuickBooks Online. This QuickBooks tutorial provides the introductory information you need. Quick books and how to use QuickBooks is a must-see for all professionals who want a basic understanding of QuickBooks.
If you want to learn how to get started QuickBooks, what is Quickbooks Online and what does QuickBooks online do this is the session for you. There is also a quick mention of which version QuickBooks online to use.
Register for Beth’s QuickBooks Training at: https://bba.vipmembervault.com/products/courses/view/1097847
Learn more about Beth Blaney and Associates at: https://www.bethblaney.com/
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Beth Blaney (https://www.bethblaney.com/)
Building an Online Presence: Social Media and More focuses on a needed career development tool. Building an Online Presence is something few accounting and accounts payable professionals focus on. The session includes #networking online tips everyone can use when building an online presence for accountants and others.
A good LinkedIn online presence is critical for all professionals who wish to get ahead in their careers. But it is something most don’t think about. Building an online presence for accounts payable professionals is critical During this session, which serves as a linkedin video introduction our guest, Samantha Kelly, a/k/a as the tweeting goddess, teaches everyone to include a linkedin video instead of profile picture on LinkedIn. It is incredibly simple – once you know how. #accountspayable #accounting
Register for the Women’s Inspire Conference https://www.crowdcast.io/e/win21global---claim-your/register
The session also covers how to make a great linkedin profile including tips and examples. For all who want help improving your linkedin profile, advice from this pro who has given a TEDx talk and appeared on Dragons Den Ireland will help. Beating the odds, Samantha Kelly went on Dragons Den and snagged a deal.
The advice is also useful for building an online presence for writers and other professionals looking to expand their horizons.
Register for the Women’s Inspire Conference https://www.crowdcast.io/e/win21global---claim-your/register
Learn more about AP Now: https://www.ap-now.com
Sign up for AP Now’s twice a week, free ezine or learn more about AP Now at www.ap-now.com
This is Episode 121 of the AP Now Podcast
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Samantha Kelly (https://www.tweetinggoddess.com/)
Credit: Music: https://www.purple-planet.com
What’s Coming in Accounts Payable Recognition and Best Practices Week is a quick overview of the free resources that will be given away during ap week. Listen to this short discussion that will also tell you how you can register to receive them at absolutely no cost. #APWeek #APRecognitionWeek #APAppreciationWeek
A sample of what’s included follows: a fraud protection cheat sheet, the future of ap automation panel discussion, accounts payable automation process e-book, Accounts Payable Best Practice Quiz, and much more.
Register for AP Recognition and Best Practice week: https://www.ap-now.com/members/manage/content_editaction.cfm
Accounts payable, accounting, finance and audit professionals who want to register to receive the resources, including links to listen to live sessions on at least two of the days. The recordings will be available afterwards for those who can’t make the live recordings. With remote work in accounts payable becoming the norm, it’s no big surprise that The Technology Realignment in AP is becoming widespread. Accounts payable working at home is now commonplace. Thus, it is imperative that every professional understand how to automate accounts payable. Accounts Payable Recognition and Best Practice Week is also referred to as AP Appreciation Week, Accounts Payable Appreciation Week, AP Week, AP Recognition Week. With tax enforcements, including information reporting audits on the rise, everyone must stay informed.
The week ends with a special assertiveness program entitled grow your backbone, something many accounts payable and accounting professionals could use a little help with.
Register for AP Recognition and Best Practice week: https://www.ap-now.com/members/manage/content_editaction.cfm
Learn more about AP Now at: www.ap-now.com
Sign up for AP Now’s twice a week, free ezine at www.ap-now.com
This is Sound Bite #51
Top AP Issues in 2022: Preparing for Future Success focuses on the 5 biggest changes facing every accounts payable team. The Top Accounts Payable Issues in 2022 reflect some of the systemic changes occurring now. These are the Top accounts payable issues in 2022, ones that ever group preparing for future accounts payable success must focus on. #Accountspayable and #accounting professionals concerned about the #futureofaccountspayable and the future of work need to concentrate on these key issues.
Understanding accounts payable terms and accounts payable issues is critical for accounts payable success in 2022. Mary Schaeffer a recognized influencer in the accounts payable space identified these key issues. She regularly discusses accounts payable internal controls and accounts payable best practices. By their very nature, best practices in accounts payable incorporate strong internal controls. Success in accounts payable is critical for a long future of accounts payable. Identifying the needed skills for accounts payable means understanding the top 5 issues in AP.
This is episode 120 of the AP Now podcast.
Top AP Issues in 2022: Preparing for Future Success means having a good understanding of the 5 biggest changes facing every accounts payable groups. These Top Accounts Payable Issues reflect some of the overriding changes happening right now. The top accounts payable issues in 2022, the ones that every team prepping for future accounts payable success must focus on. Accounts payable and accounting professionals worried about the future of accounts payable and the future of work should think about these crucial issues.
Learn more about AP Now: https://www.ap-now.com
Sign up for AP Now’s twice a week, free ezine or learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
New frauds focusing on accounts payable are growing. That’s why payment fraud management is critical. Payment Fraud Trends and Prevention are hot topics for all #accountspayable and accounting professionals. #PaymentFraud unfortunately has new trends, that we all need to learn about. That’s why we created this talk on Fraud Prevention and Fraud Trends.
Trends in Fraud change making it critical that everyone continually update themselves on the issues. For example, a new survey was released recently showing the top phishing hashtags. Alas, they all focus on issues near and dear to the hearts of accounts payable and accounting professionals.
Today corporate fraud protection means knowing what synthetic fraud, also called synthetic identity fraud is, how it works and what you need to do to protect yourself and your company. Alas phishing phony invoices is now a top way criminals ply their trade. Fraud protection advanced must be updated regularly to ensure knowledge of all the newest payment fraud prevention and detection best practices.
New frauds focusing on accounts payable continue to evolve and get more creative. That’s why payment fraud management should be at the top of everyone’s list. Payment Fraud Trends are changing making some Prevention techniques obsolete while others are added.
Statement Audits: Improve the Bottom Line begins answering the question what is a statement audit as well as explaining why a statement audit is critical focusing on recovering open vendor credits. If you wonder do vendors hide open credits the answer is unfortunately Yes.
That’s why we also address the issue of how often should we conduct statement audits and who should conduct statement audits. The issue of who can do a statement audit is also addressed. Statement audits are the foundation for finding money owed a company. Statement Audits are a very easy way for accounts payable to look good and add to the bottom line. Open vendor credits are one way for accounts payable to add to the bottom line, improving the profitability of the organization. #Accountspayable and accounting professionals should find more vendor credits, whenever they can. #statementaudit #vendorcredits
Statement audits are one way to improve the bottom line. There are many questions regarding statement audits including what is a statement audit, why a statement audit is critical. Clearly the focus is on recovering open vendor credits.
This is Episode 119 of the AP Now podcast.
Learn more about AP Now: https://www.ap-now.com
Sign up for AP Now’s twice a week, free ezine or learn more about AP Now at www.ap-now.com
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Earn more Early Payment Discounts and Improve the bottom Line. Without a doubt that’s what will happen if you Earn more Early Payment Discounts. Improve the bottom Line is a goal for every organization. #Earlypaymentdiscounts are the best investment alternative for almost any organization. That’s why there is such an emphasis on it. #Accounts payable and #accounting professionals know the value of these early pay discounts.
The goal in accounts payable of improving profitability if often difficult to approach. This is one way to do it. Add to the bottom line by earning more discounts. Certain industries offer an early payment discount and if you are dealing with such an industry, you should be sure to ask for them. Early payment discounts should be negotiated as part of the standard payment terms, if possible, although often it is not. A standard early payment discount is rarely given.
Learn more about AP Now: https://www.ap-now.com
Sign up for AP Now’s twice a week, free ezine or learn more about AP Now at www.ap-now.com
In many organizations, early payment discounts are the holy grail and as one accounts payable professional explained, the only mortal sin in our accounts payable department is missing an early payment discount. For procurement, finding more early payment discounts is also a goal as they are the best financial alternative any organization is likely to encounter.
This is Episode 118 of the AP Now Podcast
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
The focus of Accounts Payable Terms: Do You Speak Accounts Payable? Is on the use of jargon in Accounts Payable. Accounts Payable Terms are numerous and growing all the time so it is not completely unreasonable to ask someone Do You Speak Accounts Payable? The language is growing. That’s why some may think this session is really accounts payable for dummies. But those listening are anything but that.
This might also be considered #accountspayable for accountants since much of the #accountspayablejargon is peculiar to the function and much of it won’t be used in mainstream accounting. The use of jargon can lead to common accounts payable misconceptions, so it is normally not a good idea to use it. Yet, we all do. #accounting
This might be considered accounts payable for beginners or maybe even a primer or accounts payable introduction. It includes the description of 10 frequently used terms including BYOD, ICR, and p2p. In p2p accounts payable the entire chain is considered. The p2p accounts payable process actually includes 9 different functions. The basics of accounts payable can be quite complex for any accounts payable or accounting professional.
This is Accounts Payable Sound Bite #48.
Link to entire list of AP Jargon: https://www.ap-now.com/public/Accounts-Payable-Acronym-Cheat-Sheet.cfm
Write to suggest additional items for the Jargon list: publisher@ap-now.com
Link to Episode 116 on Common Automation Pitfalls: https://youtu.be/ARIhNWdNiPo
Accounts Payable Terms: Do You Speak Accounts Payable? is an overlooked issue. The Accounts Payable Terms are quite numerous and some suggest that a list of accounts payable terms for dummies would be a good thing. That’s why we created this talk and the list on the AP Now website. Accounts payable for accountants is needed to explain the accounts payable jargon.
Without a good understanding of the language used by those who work in accounts payable, common accounts payable misconceptions are likely to occur. That’s why accounts payable for beginners is a necessity, it is not intuitive. This introduction to accounts payable includes terms like BYOD, ICR, p2p accounts payable.
Learn more about AP Now at: www.ap-now.com
Sign up for AP Now’s twice a week, free ezine at www.ap-now.com
Accounts Payable Separation of Duties: Prevent Employee Fraud is an issue of great importance. Accounts Payable Separation of Duties is something frequently ignored, despite the fact that most professionals know it is crucial if they wish to Prevent Employee Fraud. Separation of duties is sometimes called segregation of duties. The separation of duties internal control is critical when it comes to controlling or minimizing employee fraud. This can take the form of embezzlement, billing fraud, collusion, or pink-collar fraud.
When it comes to the type of fraud that typically goes on in an accounts payable function, it is almost completely white-collar fraud, or its subset, pink-collar fraud. Payment fraud trends and prevention have become critical for all organizations. Hence payment fraud prevention relying on segregation of duties as an internal control makes perfect sense.
This is Episode 117 of the AP Now podcast
Link to why Separation of Duties (2 and one half minute video) is critical: https://www.youtube.com/watch?v=IWU1So76Uxc
Learn more about AP Now: https://www.ap-now.com
Sign up for AP Now’s twice a week, free ezine or learn more about AP Now at www.ap-now.com
Appropriate accounts payable separation of duties goes a long way to preventing employee fraud. That’s why auditors and best practice practitioners make such a big deal out of Accounts Payable separation of duties. Not only is it an efficient way to run the accounts payable function, it helps prevent employee fraud. Segregation of duties or as some call it separation of duties is an important internal control, especially when it comes to employee fraud prevention.
Whether that fraud be embezzlement or billing fraud, collusion can be an important component of a fraud. White collar crime can be a payment fraud and the trends and techniques needed for prevention start with segregation of duties. Payment fraud prevention relies heavily on the segregation of duties internal control. This is why it is so critical.
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Change of Bank Account Requests: The Best Practice Approach addresses a serious problem impacting all businesses. The change of bank account requests are sometimes phony and if the accounts payable best practice for ascertaining the veracity of the request is not used, big financial losses and occur.
In this new fraud change of bank account requests are coming primarily through email. Criminals are really smart about using email for the purposes of diverting payments – and make no mistake about it, this is a devastating fraud, primarily targeting accounts payable.
Link to Can You Find the Phony eMail address: https://youtu.be/8IkeqkkQ2Do
This type of business email compromise fraud is sometimes referred to as man in email fraud, as the criminal manages to insert him or herself into the middle of a legitimate conversation. It is similar to rush wire request fraud. Asking what is wire fraud now has to be further clarified because rush wire request fraud is very different from wire frauds of earlier times. Another type of this malicious fraud is the phony request for payroll information from the CEO or other high-level executive.
This is Accounts Payable Sound Bite #47
The Change of Bank Account Requests frauds have been running rampant across the business landscape. Everyone is advised to follow the Best Practice Approach described in the sound bite. These fraudulent Change of Bank Account Requests are showing no signs of going away, hence using the recommended accounts payable best practice is critical. The change of bank account request is really an attempt to divert payments and is fraud, but one where it is difficult to recover what is lost.
Learn more about AP Now at: www.ap-now.com
Sign up for AP Now’s twice a week, free ezine at www.ap-now.com
5 Common Accounts Payable Technology Pitfalls: Simple Hacks to Overcome Them is the focus of this podcast. It reviews 5 Common Accounts Payable Technology Pitfalls that result in accounts payable automation projects not being successful. These accounts payable technology pitfalls, or mistakes are easily overcome – with a little planning and effort. Some should be done before the project starts, but others can be implemented midstream as management is starting to get annoyed that an #accountspayable technology, most likely an #invoiceautomation project isn’t being used as much as they think it should be.
When it comes to accounts payable today, accounts payable technology plays a critical role in determining just how efficient the process is. Whether the review is being done by an accounts payable professional or an accounting person, automation is likely to play a key role. #accountspayableautomation
Learn more about AP Now: https://www.ap-now.com
Sign up for AP Now’s twice a week, free ezine or learn more about AP Now at www.ap-now.com
There is no room for invoice automation surprises in most organizations. Once the decision is made, management expects results. Mary Schaeffer, AP Now’s founder and a nationally recognized accounts payable expert, identifies the areas every company needs to examine if they wish to avoid accounts payable automation surprises.
Accounts payable automation has become increasingly affordable and many of the models are more user-friendly. So, it is not that difficult to avoid common Accounts Payable automation technology pitfalls. After all, no one wants to be accused of making accounts payable technology bloopers, or for that matter any accounts payable bloopers. That is not the road to career success.
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
What You Need to Know to Work in Accounts Payable: Who Knew It Was So Complicated is an understatement. What You Need to Know to Work in Accounts Payable is more than most people realize. When a colleague said, who knew you had to know so much to work in accounts payable, I knew I had to do this podcast.
I created a list of 30 different subject areas that people need to know about accounts payable. It was pretty amazing. The topics you need to know to work in accounts payable are quite diverse. That’s why accounting and accounts payable are a lot more difficult than most people realize. It’s more than just accounts payable invoice automation. Accounts payable best practices basics is just the beginning. Accounts payable must incorporate internal controls to be considered best practice. But let’s now overlook accounts payable regulatory issue. There are quite a few of them including, but not limited to form 1099 reporting and FCPA compliance. To run a best practice accounts payable function all 30 areas must be addressed. This podcast is just a brief overview of each.
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What You Need to Know to Work in Accounts Payable is more than most people realize. There are 30 different topics you need to know about accounts payable. Clearly, accounts payable is not simple. The information you need to know (accounts payable) covers a variety of topics. Thus accounting and accounts payable professionals face quite a challenge when trying to run an effective accounts payable function. It’ definitely a lot more than just accounts payable invoice automation.
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Accounts Payable Lessons Learned from Jeff Bezos (Amazon) is the topic for Episode 114 of the AP Now podcast. Accounts Payable lessons learned is an issue all #AccountsPayable and #accountants need to focus on. Jeff Bezos founded Amazon and Blue Origin and accounts payable and accounting professionals can learn much from his experiences.
It’s almost like accounts payable for beginners when you begin to analyze the situation. In fact, in many ways the insights are useful for those pondering the future of accounts payable. He provides management insights for accounts payable professionals. Even though many don’t like to think about it, accounts payable customer service is something everyone should be on their toes about. BTW, this does not mean turning into a doormat. The session also includes accounts payable management tips as well as tips for accountants managing accounts payable.
Without a doubt, Accounts Payable Lessons Learned from Jeff Bezos (Amazon) is a talk you will want your staff to hear. For the lessons shared for Accounts Payable are numerous. The lessons learned are not to be ignored for Accounts Payable is an important function. It’s not really accounts payable for beginners.
This is Episode 114 of the AP Now podcast.
The future of accounts payable is a topic we all need to focus on if we want to have a long career. The management insights for accounts payable shared will help. Accounts payable customer service will be crucial moving into future. The accounts payable management tips shared are critical for those looking for career success. The tips for accountants managing accounts payable will help them be successful.
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Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Future of Accounts Payable: What You Need addresses the mindset shift needed to be a success in accounts payable in 2022 and beyond. The Future of AP will be very different than the #accountspayable function of just a few years ago. The Future of Accounts Payable will encompass different attitudes as will the Future of Accounting.
The mindset needed for success in accounts payable (or any accounting position for that matter) will mean looking at the business space very differently. Mary Schaeffer, AP Now’s founder, addresses five different mindset shifts for accounting and accounts payable. They are explained in detail with examples. The skills needed for success in accounts payable are broader than they were in the past.
Success in accounts payable is dependent on this shift in attitude for the Future of Accounts Payable will be very different. The needed skills for accounts payable will include things we never even thought of before 2021. Remote work in accounts payable will become commonplace rather than something only a few companies allowed. There will be much discussion about TQ, or the Technology Quotient. This was something alluded to in the past, but never specifically identified. Nor did it have its own definition.
The clip also includes a discussion of why remote work will help you recruit a better AP staff, given the wider playing field. Although there has been talk for years of the need for continued learning it now is an outright necessity. TQ in AP is the wave of the future as the professionals who work in the field grapple with fraud, new best practices, technology, regulatory issues and of course accounting issues.
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Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
The Honest truth about Fraud is an issue Accounts Payable needs to focus on. The Honest truth about Fraud: A Retired FBI Agent Tells All is by Vic Harman. If you guessed he is a retired FBI agent, you guessed correctly. He shares his considerably expertise on the topic of The Honest truth about Fraud in episode 112 of the AP Now Podcast.
AS a retired FBI agent, Vic Hartman has had the opportunity to gather considerable information about the scourge hitting businesses everywhere. In his book, The Honest Truth about Fraud, as well as this podcast, he peppers the material with tips and useful insights to help the audience protect itself against fraud. It is critical that #accountspayable and #accounting professionals stay current on the issue of #fraud, including business email compromise fraud, sometimes referred to as BEC fraud. That is why we were thrilled when retired FBI agent and industry consultant, Vic Hartman agreed to come on the podcast
Order The Truth about Fraud: A Retired FBI Agent Tells All: https://hartmanfirm.com/author/
The Honest Truth about Fraud contains the information listeners and readers need to protect against different types of fraud, including business email compromise fraud. The BEC insights he shares will help listeners address the ugly issue of payment fraud trends and prevention techniques. As online payment frauds continue to escalate, especially those taking advantage of various email compromise schemes, this information will be more important than ever.
Towards the end of the session, he also shares some of his considerable expertise on the matter of FCPA (Foreign Corrupt Practice Act) compliance.
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Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Vic Hartman (https://hartmanfirm.com/ )
Credit: Music: https://www.purple-planet.com
Is check signing really an internal control or is it simply a Time Waster? Many accounts payable professionals question whether check signing is really an internal control and for good reason. Accounts payable internal controls are critical to running an efficient and effective function. And if check signing is a non-value add task, then it definitely is not an internal control. #checksigning in #accountspayable is an often-disputed #internalcontrol. Check signing takes up a lot of time and people wonder if it adds value. If upfront controls are in place and are strong some question whether adding a manual signature to checks is a task that has any value. Accounting and accounts payable professionals can spend a good deal of time making sure checks are issued properly.
Manual signatures on paper checks, sometimes referred to as wet signatures on paper checks may or may not add value to the process. The alternative is to rely on strong controls. Of particular question are signatures on rush checks when the documentation is sparse. Signatures on these asap checks is the norm, if they are produced outside the normal check production cycle. The documentation for rush checks, sometimes referred to as backup for rush checks may not provide adequate data to verify the payment.
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Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Avoiding duplicate payments is the topic of the AP Now podcast Episode 110. It is critical the duplicate payments be avoided because they are often not returned. There is a myth that vendors return duplicate payments. The session starts off with the smashing of this myth and a brief explanation of what typically happens when a duplicate payment is made. #Avoidingduplicatepayments is something every accounts payable group needs to embrace as part of its best practice.
Best practice #accountspayable groups actively look for #duplicatepayments. Duplicate payments are on the rise due to the huge increase in duplicate copies of invoices being sent to organizations. These duplicate payments often go undetected unless the paying organization takes serious steps to ensure the funds are identified and returned. That is why it is recommended that every organization undertake a duplicate payment audit beginning with a statement audit. By actively pursuing duplicates, every organization can avoid the scourge of duplicate payments.
Duplicate payments come directly off the bottom line impacting the profitability of the organization. There are steps every organization should take to ensure it makes as few duplicate payments as possible. Then they need to analyze payment activity after the fact to ensure duplicates are identified and recovered. Best practice accounts payable organizations do this as part of their regular processes.
Avoiding duplicate payments is an issue every organization needs to incorporate into their accounts payable routines. It is important that duplicate payments be avoided at all costs because vendors rarely return them unless the customer identifies them and asks for them. There is an urban legend that vendors automatically return duplicate payments. This is not true. The session starts off with the shining the spotlight on this myth and provides a brief explanation of what typically happens when a duplicate payment is made.
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Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
For accounts payable 1099 reporting is critical. The accuracy and timeliness of 1099 reporting matter this year more than ever. This includes the 1099 MISC and the 1099 NEC. For #accountspayable, #1099reporting is an issue that creates many headaches each year. Nevertheless, 1099 reporting is an issue they must give attention to. There is an IRS focus on all sorts of enforcements as the IRS calls it including 1099 reporting. This is due to the tax gap. The tax gap is not an insignificant number. President Biden has requested a good deal of additional money in his budget request and there will be a significant increase in the amount that goes towards enforcements, which include #1099audits. That is why getting 1099 reporting accurate is so important in 2021. #informationreporting
Learn about AP Now’s upcoming 1099 webinars: 2021 1099 Filing Reporting Bundle (ap-now.com)
Some professionals use the term information reporting to refer to 1099 Reporting. In this video we go through the statistics that show why accuracy and timeliness Matter This Year when Accounts Payable is doing it annual 1099 Reporting to the IRS. 1099 Reporting can be for a multitude of different types of income and forms. However, most accounts payable departments handle the 1099 MISC and the 1099 NEC, sometimes referred to as Form 1099-MISC and Form 1099-NEC. The IRS focus on the tax gap is just one reason why getting 1099 reporting accurate is so important in 2021. Don’t let your company down.
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Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
5 Reasons Why You’re Not Getting Promoted in Accounts Payable and Accounting includes Ideas to get promoted, The reasons why you’re not getting promoted are many. But we’ve narrowed it down to 5 common ones.
If you wonder why you’re not getting promoted listen or watch this piece. It explains 5 common reasons you are not getting promoted and then shares strategies any professional can use to help alleviate this situation. Whether you work in Accounts Payable and Accounting or in Finance these will help. If you wonder the reason why not getting promoted this video provides some insights.
So instead of asking yourself, why am I not being promoted, watch/listen to this and then consider how you can implement these strategies. You might want to consider how to talk to your boss about a promotion because he or she can have a big impact. You might also want to pay special attention on how to get a promotion when you are indispensable. Being indispensable may have seemed like a good strategy for continued employment, but it backfires when you are looking to get promoted.
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Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
The 5 Reasons why you’re not getting promoted in accounts payable and accounting should get you thinking. The reasons why you’re not getting promoted are pretty straightforward and may be something you can fix. We offer some suggestions. Why you’re not getting promoted in accounts payable and accounting is a matter that may be easily fixable.
So consider the issue of why you are not getting promoted seriously and evaluate our suggestions. You may want to consider how to talk to your boss about a promotion. And if you’ve made yourself indispensable, then how to get a promotion when you are indispensable is a serious issue.
If you want to get more job offers use these 3 simple ways to make your linkedIn profile more professional. Accounts payable should take advantage of these 3 simple ways to make your LinkedIn profile more professional. A more professional Linkedin profile in 2021 is key to finding a new job. So, don’t wait, make your LinkedIn profile more professional today. We’ll tell you how in this video.
The LinkedIn profile tips are for #accountspayable, whether you are an accounts payable manager, an accounts payable supervisor, an accounts payable director or hold some other title. Making LinkedIn profiles stand out is your first step in snagging a new job. That’s why we created this how to make a great #LinkedInprofile with tips and examples. #LinkedInProfileTips
This is Accounts Payable Sound Bite #38.
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Everyone wants to get more job offers. These 3 simple ways to make your LinkedIn profile more professional will go a long way towards helping you achieve that goal. The 3 simple ways to make your LinkedIn profile more professional are tactics anyone can use and they don’t cost a red cent. This is important because a more professional LinkedIn profile in 2021 is what you need to make you stand out from the crowd.
So don’t wait. Make your LinkedIn profile more professional looking without delay. These LinkedIn profile tips are for accounts payable and accounting, regardless of title. They will work for accounts payable managers, accounts payable supervisors, accounts payable directors, other accounts payable titles and accounting, treasury and finance as well. Because making your LinkedIn profile stand out is a simple process that everyone can manage. This how to make a great LinkedIn profile with tips and examples, will get you started.
The Game Changer for #AccountsPayable relates to the Technology the staff has for Remote Work. Remote work in accounts payable is now the norm, rather than the exception. The issues of Accounts Payable’s Technology and Remote Work go hand in hand. Accounts Payable’s Technology is a critical component of success when staff is working remotely. The #AccountsPayableTechnology is often overlooked when discussing whether or not the staff should work remotely.
Are you ready for remote work in accounts payable? Is your AP staffs’ technology good enough for remote work? There are a number of components to this issue and in this podcast, we discuss the five most relevant ones. You don’t waste the valuable resources of time and money when having the staff do remote work simply because they don’t have the right technology for remote work. Frequently this includes two screens, that is computers with two screens. #remoteworkinaccountspayable
Proper technology is definitely the Game Changer for Accounts Payable when it comes to Technology and Remote Work. Good Accounts Payable Technology and Remote Work are a match made in heaven. How good is your Accounts Payable staff’s Technology? For many the Accounts Payable Technology is not an issue that garners much attention. Don’t forget to ask, “Is your AP staffs’ technology good enough for remote work?
If it’s not you are wasting two valuable resources: time and money. Since remote work is something that will be with us moving forward, getting the right technology for remote work in accounts payable is very important. Whether this means two screens, that is computers with two screens or more depends on how you evaluate the situation.
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Host: Mary Schaeffer (https://www.ap-now.com/)
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When the Invoice Number Changes the goal is avoiding duplicate payments. This happens frequently. When the Invoice Number Changes you want to ensure the avoiding duplicate payments. Why? Because vendors rarely return duplicate payments, unless the customer identifies the mistake and asks for the money back.
So, the goal is this: don’t make duplicate payments in the first place. Of course, one of the main ways companies look to avoid making duplicate payments is be checking the invoice number. So, when the vendor changes the invoice number this throws a real monkey wrench into that task. Vendors claim they have a good reason for changing the invoice number. They say they do this when sending a second invoice so they can track which invoice gets paid.
The fact that the changing of the invoice number makes it difficult for their vendors whose goal is avoiding duplicate payments doesn’t concern them. Thus, every company needs to put in place procedures to be able to identify invoices when the vendor changes the invoice number.
This is Accounts Payable Sound Bite #37
Learn more about Yooz, US: https://www.getyooz.com/
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Duplicate and erroneous payments are such a big problem that there is a whole industry devoted to identifying and recovering those payments because as those who work in accounts payable know, rarely to vendors return duplicate payments.
They leave the task of identifying duplicate payments to their customers. Now, to be fair, some suppliers will immediately return a duplicate payment or issue a vendor credit. But that does not happen often. So, best practice organizations include in their invoice processing procedures, a check to ensure they are not paying a duplicate invoice, or invoice copy.
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Laurent Charpentier (https://www.getyooz.com/)
This big emailed invoice processing mistake is made at about 60% of all companies, Eliminating it would save time and money. Printing invoices is the dirty little secret, the big emailed invoice processing mistake that most companies don’t like to talk about or even admit they have. In fact, many don’t even realize they have it.
By stopping this questionable practice, companies can save time and money. It will also make their #invoiceprocessing more efficient. So why do so many continue printing invoices? They print emailed invoices because it makes the data entry process go a little easier. But by printing the invoice, you give back a lot of the process improvements attributable to receiving emailed invoices. Making a dent on the #accountspayable issue related to #emailedinvoices helps.
Companies everywhere now email the invoice because it saves them money and it gets to the customer faster, hopefully resulting in a faster payment – although we know that does not always happen.
In the accounts payable processing of invoices, emailed invoices now have a large role, since that is the way most invoices are sent. If the solution recommended is adopted there is the side benefit of accounts payable satisfaction, as it makes the accounts payable team’s job a little bit easier. Add to this the resulting accounts payable contribution to the environment and it’s a win for everyone. Eliminating this accounts payable headache makes for greater accounts payable efficiency and let’s fact it, most accounts payable groups like to be able to save trees. This is episode 106 of the AP Now podcast,
This session of AP Technology Week focuses on some of the newer technologies like Blockchain, AI, crypto, RPA etc. The goal is to help you understand the fundamentals. Given the changing nature of the business world and the evolving accounts payable function, it is critical that professionals in the finance and accounting, sectors have a basic understanding of these technologies.
APTechnologyWeek is all about the evolving #accountspayable function. At the top of this list is block chain. While it is not necessary that those who work in the field have an intricate understanding of what is blockchain, the do need to know the basics of what is blockchain technology.
A #blockchain tutorial will certainly help them understand what is blockchain technology. The same can be said for cryptocurrencies. Just as it is important that blockchain technology be explained, so should cryptocurrencies. While blockchain’s most famous application is certainly cryptocurrencies, it is only the tip of the iceberg. AI, or an explanation of AI is also critical as it is being widely used in RPA today. Artificial intelligence is creeping into most automation solutions for the accounts payable function. The most common application that our audience might be aware of are the numerous ap automation and invoice #automation solutions available on the market today.
As automation sweeps through the business world, and especially through and into the accounts payable function, it is critical that professionals have some AI explained, as well as RPA explained.
The session includes some discussion of accounts payable use of blockchain, blockchain examples as well as real life blockchain applications.
AI, RPA, blockchain, cryptocurrencies (not just bitcoin) are all infiltrating the accounts payable function.
This session of Accounts Payable Technology Week focuses on Remote Work Expense Reimbursements. Reimbursement requests for remote work expenses has become a hot issue. The panel started off with participants sharing the craziest (funniest) things they have seen or heard about on reimbursement requests. It is one of five parts of a limited series focused on fraud in the #accountspayable function.
This session is part of a limited edition five-part series on Accounts Payable Technology Week. Remote work expense reimbursements are something few organizations focused on before the pandemic. Now working from home or WFH as many refer to it is quite common place. Hence working from home expenses and tangentially remote work expense are an issue almost every organization must address.
Also discussed by the panelists were questionable expense reimbursement requests, including but not limited to reimbursement requests for food, reimbursement requests for ergonomic chairs, and other issues. Not everyone agreed on these matters.
What’s more, as mentioned by the panel during this discourse, returning to work expenses may be an issue that some will also have to address. This is session is part of the AP Now podcast brought to you by AP Now.
This is Episode 104 of the AP Now podcast.
Learn more about the P2P Network: https://www.p2pnetwork.org/
Learn more about Recharged Education: https://www.recharged-education.com/
Learn more about Regina Italiano: https://www.linkedin.com/in/regina-italiano-b67b782a/
Learn more about Mandy Jenkins: https://www.linkedin.com/in/mandy-jenkins-apam-312617a9/
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Working from home and working remotely are now firmly established as protocols for many, many organizations. No longer is this something that only a few do. Hence, it is critical that every organization address this issue with a clear eye and a goal of treating all employees equitably. This may seem pretty straightforward at first, but when you start to delve into the matter, it becomes clear that it is not as simple as it might first appear.
One of the panelists pointed out that given the different reimbursement approaches taken, care had to be taken to ensure that duplicate payments are not made.
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Ellen Leith, P2P Network ( https://www.p2pnetwork.org/ )
Guest: Lynn Larson Recharged Education: https://www.recharged-education.com/
Guest: Regina Italiano: https://www.linkedin.com/in/regina-italiano-b67b782a/
Guest: Mandy Jenkins: https://www.linkedin.com/in/mandy-jenkins-apam-312617a9/
Credit: Music: https://www.purple-planet.com
This session of Accounts Payable Technology Week focuses on Fraud, and perhaps more specifically, fraud that sometimes happens internally. It is one of five parts of a limited series focused on fraud in the #accountspayable function.
Fraud protection not only means fraud prevention it also includes fraud detection. While ideally the detection occurs before the funds go out the door, sadly, it is often only discovered after multiple episodes.
This is Episode 103 of the AP Now podcast.
Accounts payable fraud in the form of embezzlement is sometimes referred to as pink collar crime. This is because it is the one type of crime that is committed more frequently by women than men. But that is not to say that men don’t embezzle. They absolutely do. As Kelly Paxton likes to say, pink collar crime is about the position not the gender She explains in more detail during this session. Our guest on this episode of the AP Now podcast is Kelly Paxton, a certified fraud examiner with years of experience. She’s recently written a book on the topic.
Book link: https://greatwomeninfraud.com/#embezzlement
Fraud protection in an organization should be advanced as it happens. Whether you call it corporate fraud or internal fraud or employee fraud, occupational fraud hurts not only the reputation of your organization, but the organization’s bottom line.
During the session, Paxton shares insights, tips and advice for those looking to protect themselves. She also introduced the concepts of fraud hashtags and a fraud therapist. Paxton demonstrates her recommendations through real life examples, cases where companies have been defrauded by employees through all sorts of mechanisms. She reminds the audience that “trust is not an internal control,” as too many companies have learned the hard way.
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Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Kelly Paxton (https://pinkcollarcrime.com/)
Credit: Music: https://www.purple-planet.com
This session of Accounts Payable Technology Week focuses on Automation, and perhaps more specifically, the automation of the accounts payable process. It is one of five parts of a limited series focused on automation of the #accountspayable function. Frequently, #apautomation simply focused on the #invoice piece. But many of today’s #accountspayableautomation solutions also include the #payment piece.
The guests on this session, Yooz’s Laurent Charpentier and the APA’s Jamie Radford both share their considerable expertise on both the #accountspayable function and how it is impacted and enhanced by #automation. Links to their organizations follow.
Learn more about Yooz, US: https://www.getyooz.com/
Learn more about AP Association: https://www.ap-association.com/
Learn more about AP Now: https://www.ap-now.com
For many organizations, some level of automation is now considered one of the accounts payable best practices they incorporate into their accounts payable operation. That’s the reason the executives for Yooz and the AP Association were invited to participate in this session for AP Technology week.
Some of the issues addressed in this session on accounts payable automation include the ability of an automation solution to read invoices sent by email, how to address the issue of supplier concerns when initially shopping for an automation solution, how accounts payable handles the deluge of multiple copes of the same invoice, how accounts payable finds the time to address the multitude of vendor inquiries in a more efficient and less time consuming manner and much more.
Whether you call it invoice automation, accounts payable automation, ap automation or p2p automation, automation of the accounts payable function is here to stay. In this episode of the AP Now podcast, these savvy pros share insights on how to make the most of whatever solution you select in order to run a more cost-effective, fraud-resistant, regulatory compliant accounts payable function.
This session of Accounts Payable Technology Week focuses on payments, specifically, payments that can be used in lieu of paper checks. Since the payment issue is so critical it is being used to launch AP Technology Week. It is one of five parts of a limited series focused on fraud in the #accountspayable function.
Accountspayabletechnologyweek was designed to present information to the accounts payable community about a number of important issues related to technology. Clearly #payments is an important one and getting rid of as many inefficient, costly paper checks is at the top of the list. Checks remain the most commonly used payment tool, although ACH, or electronic payments have clearly been growing. Use of p-cards or company credit cards has also been expanding. In fact, it is generally considered an accounts payable best practice to try and eliminate as many paper checks as possible, with #ACH at the top of the list. #pcards #companycreditcards
Industry thought leaders, Recharged Education’s Lynn Larson and Nacha’s Rob Unger are the guests on this panel as each has specialized expertise of interest to our audience. You can learn more about their organizations using the links below:
Learn more about Nacha: https://www.nacha.org/
Learn more about Recharged Education: https://www.recharged-education.com/
There was also a brief discussion of fraud and more specifically accounts payable fraud throughout the session. Payment fraud has become a huge issue.
Another area that has come under some scrutiny are the accounts payable portals, which some refer to as vendor portals or automation portals. These AP automation and invoice automation solutions are often quite popular with the accounts payable community but much less popular with the AR and credit community. The vendors are also sometimes not enthused with vendor master portals when they are of the self-service variety. A discussion of the use of virtual cards was included.
The session included a brief explanation of Nacha’s new Phixius solution. Although both guests claim to not be instant payment experts both had some real insights into how real time payments are likely to impact that payment space. There was a brief explanation towards the end of the consulting services offered by Nacha Consulting and Recharged Education Consulting. Payment efficiency and payment innovation were the themes of this AP Now podcast.
This is Episode 101 of the AP Now podcast.
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Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Lynn Larson ( https://www.recharged-education.com/)
Guest: Rob Unger (https://www.recharged-education.com/)
Credit: Music: https://www.purple-planet.com
Figuring out how accounts payable partners with other departments is key to establishing a strategic AP function. Whether it’s working with purchasing or working with other departments data will play a key role. The data in accounts payable is often an under-utilized tool when it comes to analytic work.
If accounts payable wants a seat at the table it is critical that accounts payable develop strategic partnerships within the company. This means partnering with other departments, including purchasing, treasury, tax, audit, accounting, HR, travel and of course finance. By partnering with accounts payable, the other groups are able to create strategic partnerships that will greatly assist the accounts payable management. While most understand that accounts payable working with purchasing is what goes on in most organizations, they under-estimate the number of other departments that will benefit from these strategic partnerships.
In this 100th episode of the AP Now podcast, The Accounts Payable Association’s Jamie Radford joins AP Now’s Mary Schaeffer to discuss how accounts payable professionals today are now an integral part of a dozen different departments helping them achieve their goals and meet their obligations. It is not unusual for a CEO or a CFO to turn to the accounts payable team to provide needed data intelligence for special projects or to monitor budget or cashflow.
Learn more about AP Association at: https://www.ap-association.com/
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Host: Mary Schaeffer (https://www.ap-now.com/)
Co-host: Jamie Radford (https://www.ap-association.com/)
Credit: Music: https://www.purple-planet.com
The unthinkable happened: fraud. A fraud happened now what should you do to prevent losses? Knowing what to do when a fraud occurs is the first step in fraud protection. Preventing losses is part of the equation but there’s lots more. What you do in those first minutes will go a long way towards protecting your organization and hopefully preventing fraud losses.
Accounts payable fraud involves money most of the time. But sometimes criminals manipulate data to achieve this goal. They frequently use email but this is not the only tool for those looking to commit fraud in accounts payable. One of the most frequently asked questions, what should I do if I discover an employee stealing, is addressed in this video. It is difficult but not nearly as frustrating as the question: what should I do if I discover my manager stealing.
Frequently this involves some sort of sophisticated accounting fraud and it is difficult for audit or accounts payable to uncover it. Most of this type of activity is referred to as white- collar crime, which includes embezzlement or pink-collar crime. While there are probably few things more stressful or hurtful to someone’s career than having fraud on your watch, knowing how to handle the situation is a good first step. Keep in mind, this fraud might be a payment fraud or data fraud. Fraud prevention is highly dependent on strong internal controls, so don’t overlook that important facet when conducting your fraud investigations for corporate fraud.
Learn more about AP Now at: www.ap-now.com
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Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Accounts Payable Best Practices are an integral part of AP Technology Week. While accounts payable automation might be the first thing that springs to mind, there is more technology in the accounts payable process. Recognizing the importance of
technologyinaccountspayable, AP Now is hosting a week long event focused on the digital
transformation issues related to automation, best practices, invoices and generally improving the #accountspayable function.
Accountspayablebestpractices are a key component of any technology project looking to
improve the accounts payable function. This flows far beyond invoices and invoice automation. As any accounts payable management team knows, going paperless is key to an efficient accounts payable function.
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Learn more about AP Technology Week at https://www.ap-now.com/public/AP-Technology- Week.cfm
AP Technology Week will have a different daily focus as follows: fraud, payments, automation, expense reporting, and audit. It is designed to provide the most current business intelligence for those who work in, manage, have responsibility for or provide services to the accounts payable community.
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Global Fraud is a serious problem. Information about Global Fraud is something All Accounting, Accounts Payable, Finance Employees Need to Know. It is critical that every Accounts Payable team integrate these tools to fight against #Globalfraud. #Fraudprotection has become increasingly important as crooks everywhere innovate and find new ways to defraud innocent companies, often focusing on the #accountspayable team, for that is where the money is. Of course, treasury also comes under attack. While #fraudprevention is ideal, sometimes #frauddetection is what comes into play after the fact.
In this discussion, AP Now’s Mary Schaeffer and the AP Association’s Jamie Radford discuss some of the newest global frauds and what organizations can do to protect themselves.
Criminals, often operating in other countries, study their targets and with increasing accuracy are able to pinpoint their weaknesses. To thwart them, you must develop a fraud protection strategy.
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Host: Mary Schaeffer (https://www.ap-now.com/)
Co-host: Jamie Radford (https://www.ap-association.com/)
Credit: Music: https://www.purple-planet.com
Nine entrepreneurs share their real-life experiences turning their corporate skills into niche businesses. Sharing insights and lessons learned from their accounting, finance, management, and leadership positions, these savvy women created niche businesses. These new enterprises dove into largely unchartered areas allowing these entrepreneurs to carve out a place for their very successful businesses.
Whether you consider them primarily #womenentrepreneurs or #nicheentrepreneurs their stories are an inspiration for those evaluating their #careers and wondering whether to stay or follow their own entrepreneurial path.
What makes this story particularly interesting is the fact that they each created businesses with a twist; they all adapted when they saw the market change. Whether that meant going online when live meetings became impossible or responding to market demand for a new type of service, they all rose to the occasion.
Interestingly, many in the group came together as a result of meeting on Twitter; hence the hashtag, #MagicofTwitter
Learn more about Brenda Bernstein at https://theessayexpert.com/
Learn more about Beth Blaney at: www.bethblaney.com
Learn more about Hanna Hasl-Kelchner at: https://businessconfidentialradio.com
Learn more about Lynn Larson at https://www.recharged-education.com/
Learn more about Marie Mills at: https://www.clearsolutionsbymarie.com/
Learn more about Kelly Paxton at https://pinkcollarcrime.com/
Learn more about Debra R Richardson https://www.debrarrichardson.com/
Learn more about Deborah Thomas-Nininger at: www.dtn-productions.com
Learn more about Mary Schaeffer at www.ap-now.com
Listen to Brenda Bernstein on the AP Now Podcast here: https://youtu.be/5nsMT8S0ncA
Listen to Beth Blaney on the AP Now Podcast here: https://youtu.be/1ov_LRSZzs8
Listen to Hanna Hasl-Kelchner on the AP Now Podcast here: https://youtu.be/chGRvewBO0Q
Listen to Lynn Larson on the AP Now Podcast here: https://youtu.be/N3joHH8sGYA
Listen to Marie Mills on the AP Now Podcast here: https://youtu.be/EdTNXRu9P-I
Listen to Kelly Paxton on the AP Now Podcast here: https://youtu.be/NIxniQbMFIQ
Listen to Debra R Richardson on the AP Now Podcast here: https://youtu.be/3PSiqKVzjZo
Listen to Deborah Thomas-Nininger on the AP Now Podcast here https://youtu.be/-gQf9e_2lnY
Listen to Mary Schaeffer on the AP Now Podcast here: https://youtu.be/SJSme3ZcvKs
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Far too many organizations pay far too much sales and use tax – and many don’t even realize they are doing it. Avoiding Costly Sales and Use Tax Overcharges is one quick way to improve your bottom line. That’s why we invited, Greg Anderson of P-Card Tax and Lynn Larson of Recharged Education to join us to discuss this issue. #SalesTax and #UseTax together are sometimes referred to as #Salesand#UseTax or simply #SUT.
By avoiding costly sales and use tax overcharges, the team responsible can also avoid unpleasant confrontations with management overpaying too much. Sales and Use Tax issues are complicated given that every state does things differently, taxes different items differently, and regularly change rates. Keeping up with the 7,000 taxing entities can be a nightmare without proper procedures and documentation.
The speakers identify some of the reasons for those Costly Sales and Use Tax Overcharges. By understanding how these sales and use tax overcharges happen, companies are in the best place to create practices and procedures to help them avoid those Costly Sales and Use Tax Overcharges in the future.
Sometimes companies who do a good job with their management of their sales and use tax obligations, forget about their employees’ credit card charges. Overpayments slip in here as well, sometimes even resulting in the organization double-paying their sales and use tax.
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Lynn Larson (https://www.recharged-education.com/)
Guest: Greg Anderson (https://www.linkedin.com/company/application-design-resource-llp)
Credit: Music: https://www.purple-planet.com
Consumer-Type Purchases on Company Credit Cards (Amazon, eBay, PayPal etc.) present a number of headaches and issues for the accounts payable, accounting or procurement personnel responsible for monitoring such purchases. Consumer-Type Purchases on Company Credit Cards should also be addressed clearly and concisely in the company’s card policy. #Companycreditcards often do not take a cold hard look at Consumer-Type Purchases on Company Credit Cards resulting in big problems for the organization.
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Many problems could be avoided in the company card programs if issues related to Amazon (regular or business), eBay, PayPal, food, gifts, and other consumer-type purchases were clearly addressed in the policy. Should company credit cards be used to purchase items on Amazon using Amazon Prime or Amazon business or should they be prohibited outright?
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Lynn Larson (https://www.recharged-education.com/)
Credit: Music: https://www.purple-planet.com
Beth Blaney career skyrocketed when identified a burgeoning market opportunity and developed a business around it. Taking advantage of the remote business opportunities, before COVID had made its mark, she was able to create a business that has enough work for herself and 8 associates, all in a few short years.
The journey from Corporate Bookkeeper/Back-Office Jack-of-all-Trades to Successful Inspired Entrepreneur was not an arduous one but Beth learned a lot along the way. She’s also blazing roads as she develops one of the many new businesses needed to accommodate the changing workplace. She graciously shares what she has learned and where she is going.
She was also outspoken in sharing her plans for a new piece of her business, online training for QuickBooks using a membership model. The #nichebusiness model used by Blaney is one that many #accountspayable #accounting finance treasury and audit professionals will find of great interest. #QuickBooks, as well.
Learn more about Beth Blaney and Associates at: https://www.bethblaney.com/
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Beth Blaney (https://www.bethblaney.com/)
Credit: Music: https://www.purple-planet.com
AP Now Podcast Episode 92: Creating a Brilliant LinkedIn Profile
Creating a Killer LinkedIn profile is the subject of this episode. Brenda Bernstein, author of How to Write a Killer #Linkedin profile ... And 18 Mistakes to Avoid, is the guest. The session begins with a discussion about using keywords when creating a killer #Linkedinprofile. She also points out all the different words keywords should be used when #creatingakillerLinkedInprofile.
During the session, she shares how listeners who purchased How to Write a Killer #Linkedin profile ... And 18 Mistakes to Avoid can get updates at no cost.
A LinkedIn profile for accounts payable, accounting, finance, treasury, and audit is a necessity.
The discussion then veered to the issue of who needs a LinkedIn profile (everyone) and why. Bernstein makes a compelling case. She shares an interesting journey of how she came to be a LinkedIn expert and then in closing she shares one common mistake many, many accounting, accounts payable, finance, treasury, audit, and tax professionals make with their Linkedin profile – and of course after identifying the mistake she shares a very easy way to fix it.
Whether you think your profile needs a minor spruce up or a total overhaul, you’ll get some useful tips from Bernstein as she discusses Creating a Killer LinkedIn Profile.
Link: How to Write a Killer Linkedin profile ... And 18 Mistakes to Avoid on Amazon https://www.amazon.com/gp/product/B019ELXR8W?pf_rd_r=GKQS8SF6C8WXHV19XMJ1&pf_rd_p=5ae2c7f8-e0c6-4f35-9071-dc3240e894a8&pd_rd_r=e89647b8-27ef-4cf9-89e0-2ff5c3b917d9&pd_rd_w=8OnBW&pd_rd_wg=zv1Jy&ref_=pd_gw_unk
Link: The Essay Expert https://theessayexpert.com/
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Brenda Bernstein (https://theessayexpert.com/)
Credit: Music: https://www.purple-planet.com
The Gift Card Scam has been wreaking havoc in companies everywhere, especially in their accounts payable and accounting departments. In this episode, AP Now’s Mary Schaeffer explains exactly how gift card fraud is perpetrated. By understanding how the gift card scam works you can protect your employees and organization.
This fraud targets any and all employees. The #GiftCardScam is yet another variation of Business Email Compromise (#BEC) fraud. With this #fraud, the crook impersonates the boss and sends either an email or text to the employee instructing them to purchase gift cards. Once the employee has the gift cards, they are instructed to scratch off the back covering. They then are either asked to share the data or send the data to the crooks. The fraudsters then use this information to cash in the gift cards. Once the cards are damaged, they cannot be returned.
This episode on Gift Card Scams also contains advice from the FBI on how to ensure your employees can identify such phony requests. The Gift Card Scam has done untold damage.
Host: Mary Schaeffer (www.ap-now.com)
Credit: Music: https://www.purple-planet.com
To protect against #fraud, all companies should develop a Fraud Protection Strategy that includes these 5-Steps. It is critical that every Accounts Payable team integrate these tools. #Fraudprotection has become increasingly important as crooks everywhere innovate and find new ways to defraud innocent companies, often focusing on the #accountspayable team, for that is where the money is. Of course, #treasury also comes under attack. While #fraudprevention is ideal, sometimes #frauddetection is what comes into play after the fact.
Criminals, often operating in other countries, study their targets and with increasing accuracy are able to pinpoint their weaknesses. To thwart them, you must develop a fraud protection strategy. This 5-step plan any company can use will help. It is a great learning tool for those managing the accounts payable function.
Learn more about AP Now at: www.ap-now.com
Sign up for AP Now’s twice a week, free ezine at www.ap-now.com
Link to Sound Bite #2 on Separation of Duties in Accounts Payable https://youtu.be/IWU1So76Uxc
Link to Sound Bite #5 on Being a Control Freak on Data Entry in Accounts Payable https://youtu.be/Bpziv_MAIEM
Link to Sound Bite #9 on Invoice Receiving Best Practices: https://youtu.be/9Hi6H28xHFw
Link to Episode #77 on Using Excel to Identify Duplicate Vendors: https://youtu.be/K7GDuB8hJx8
Learn more about AP Now’s paid memberships https://www.ap-now.com/public/Membership-in-the-AP-Now-has-its-advantages.cfm
AP Now Podcast Episode 89: How Do You End Up Managing Accounts Payable? The 1,000,000 Question
How Do You End Up Managing Accounts Payable? That is the million-dollar question many find themselves asking. No, it’s not how on earthy did I get myself into this mess question, but rather a question on the career path that leads to managing the accounts payable function. The key paraments: #milliondollarquestion and #managingaccountspayable have very different answers for different people. But, they are frequently asked as #accountspayable is a function found in virtually every organization.
This episode of the #APNow podcast features two of my colleagues, The AP Association’s Jamie Radford and vendor file expert, Debra R Richardson discussing the issue of how they ended up in accounts payable and more specifically, how they ended up #managing the function.
Managing the accounts payable function and managing the accounts payable team require two different, but equally important skill sets.
Host: Mary Schaeffer (www.ap-now.com)
Credit: Music: https://www.purple-planet.com
Companies should eliminate as many paper checks as possible. The lead to an inefficient and costly accounts payable payment process. In this episode, Mary Schaeffer discusses the 5 biggest drawbacks to using paper checks and why companies everywhere should switch to ACH (electronic payments) and/or credit cards.
Paper checks are still used for approximately half of all B2B payments. With staffs working remotely, it became even more obvious why companies everywhere should work to eliminate paper checks. Best practice organizations are doing just that: working to eliminate as many paper checks as they possibly can.
Although some companies have done an excellent job in minimizing the number of paper checks issued, many still produce far too many and have not worked on eliminating as many paper checks as possible. At the end of the day, every company should eliminate as many paper checks as possible. The reasons are discussed in this podcast.
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Get the latest accounts payable business intelligence delivered straight to your inbox twice a week. Use box at left on www.ap-now.com
I want to start with my sincere apologies for the liberties I have taken with the title of Eugene O’Neil’s classic play. He’s probably rolling in his grave! In this episode, I’m going to share a situation I found myself in at work some 20+ years ago. I’m going to tell you what happened, how we dealt with it – which, by the way, I don’t believe was the right way, and then share what I think we should have done.
The AP Now podcast is a weekly podcast covering topics impacting the accounts payable and accounting function. Payments and fraud are two frequent topics.
What would you have done? Or would you have foreseen what was about to happen and planned better?
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Get the latest accounts payable business intelligence delivered straight to your inbox twice a week. Use box at left on www.ap-now.com
Business etiquette is something few of us think about. But we should, especially as we head into the great unknown of the digital age. Without realizing it, many are trampling on what should be business etiquette simply because they don’t realize the rules have changed.
Deborah Thomas-Nininger teaches soft skills, because, she says, life is too short to not know what to do. The business etiquette rules you may be breaking might surprise you. Business etiquette is not taught in schools and we rarely talk about it. But getting business etiquette rules wrong could mean you send the wrong impression, give off the wrong vibe or simply send an inaccurate reaction.
Thomas discusses the rules of etiquette in today’s digital world and body language messages you may be sending without realizing it. She also talks about verbal responsibility.
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Deborah Thomas-Nininger (https://www.dtn-productions.com)
Credit: Music: https://www.purple-planet.com
Get the latest accounts payable business intelligence delivered straight to your inbox twice a week. Use box at left on www.ap-now.com
Listen to Hanna’s podcast at podcast is https://BusinessConfidentialRadio.com
The best place to stop people problems is before you hire them, says Hanna Hasl-Kelchner. Yet, hiring for a cultural fit is often overlooked in the mad dash to fill a position. This is unfortunate because a bad cultural fit creates so many headaches. Hiring can be a frustrating process as you try to find someone who has the skillset you need AND will fit into the existing organization. Unfortunately, too often, managers focus on the skillset and experience rather than addressing the issue of whether the person will fit in with the corporate culture and existing staff.
Hiring for a good cultural fit is not easy. Industry expert shares her considerable expertise giving the audience examples of how to identify those traits you want and those you don’t. As a real bonus, towards the end of the discussion, she shares a few questions potential job seekers can ask to see if their potential new company is what they are looking for for themselves.
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Hanna Hasl-Kelchner (BusinessMO.com)
Credit: Music: https://www.purple-planet.com
Get the latest accounts payable business intelligence delivered straight to your inbox twice a week. Use box at left on www.ap-now.com
Fraud protection is an issue every organization faces. In this episode, Mary Schaeffer addresses the threat of fraud and how every accounts payable, accounting, finance, and treasury group can protect itself. Fraud can cost your organization millions. There is no excuse for not using these fraud protection protocols discussed in this episode.
Fraud protection is critical for any organization that wishes to stay in business. No accounting, accounts payable, finance or treasury manager wants to explain to management how they allowed a fraud to occur on their watch. These five simple fraud protection hacks will help ensure you can detect, deter and prevent fraud.
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Get the latest accounts payable business intelligence delivered straight to your inbox twice a week. Use box at left on www.ap-now.com
This chat discusses the 5 different tools best-practice organizations use to pay their bills and when to use each tool. Accounting, Finance, and Accounts Payable departments everywhere can cut costs and improve productivity by paying their bills using the perfect tool.
The session begins with a note that best-practice organizations have at their disposal 5 different tools to use to pay bills (invoices). Then each tool is discussed and the type of invoice it should be used for is addressed. The speaker also points out the advantages and disadvantages, if any, of each tool.
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Get the latest accounts payable business intelligence delivered straight to your inbox twice a week. Use box at left on www.ap-now.com
This chat focuses on how Accounting, Finance, and Accounts Payable departments everywhere can cut costs and improve productivity by reducing the number of paper checks they issue.
This session begins with a very brief discussion of the disadvantages of paper checks. The lion’s share of the podcast is spent focused on seven strategies every organization can use to reduce the number of paper checks issued. As listeners are painfully aware, paper checks do not improve Accounting, Finance, and Accounting department productivity; paper checks simply increase the cost or expense of running the accounting, finance, or accounting department.
The strategies for reducing the number of paper checks focus on getting companies to convert to ACH or electronic payments. This is the primary vehicle for US companies to reduce the number of paper checks.
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Get the latest accounts payable business intelligence delivered straight to your inbox twice a week. Use box at left on www.ap-now.com
This session begins with Schaeffer discussing the fact that for many their metrics for 2020 for their accounts payable operations will not be as good as those for 2019. But, she cautions, this is not because the staff was slacking off. In fact, just the opposite is likely to be the case.
She then spends the remainder of the broadcast explaining why this is not true. She goes through seven unique circumstances that many experienced that they may not have realized would impact their metrics. She suggests they make sure they explain these issues too management when the metrics are shared.
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
In this episode, we take a brief look back at what the business community experienced in 2020 and then looked forward to the new year. We also explore what the work and hiring environment will look like in 2021.
We start with a look back, and of course, that is the ugly … and the bad, and then look forward to the good. Recognizing that some folks will want to focus primarily on the good (something I can totally understand), we’ve included time markers for where each part starts. To be honest, there are lessons to be learned from reviewing the bad and the ugly, as painful as those issues may be.
The Good Commentary starts at the 15:45-minute mark
How we’ll work and hire in 2021 at the 11-minute 40-second mark
The Bad Commentary starts at the 6-minute mark
The Ugly Commentary starts at the 1-minute 20-second mark
Host: Mary Schaeffer (www.ap-now.com)
Guest: Tom Flynn (www.spendmend.com)
Credit: Music: https://www.purple-planet.com
Get the latest accounts payable business intelligence delivered straight to your inbox twice a week. Use box at left on www.ap-now.com
In this episode of the AP Now podcast, Mary Schaeffer walks the audience through the process five accounts payable/invoice automation surprises and explains what they mean and don’t mean for the future of technology and automation in accounts payable.
She concludes with predictions about what this means for accounts payable functions everywhere. The information shared also provide insights for service providers looking to update or upgrade their own product.
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Feel free to share your insights on 2021 in the comments section below.
Wonder what next year will be like for professionals in accounting and accounts payable? What about the future of live conferences? Fingers crossed, we’ll have a very different year next year and it will be better in ways you might not have considered. Listen to this savvy group to find out how and why.
The co-hosts (Jamie Radford, CEO of AP Association, and Mary Schaeffer, Founder AP Now) are joined by a panel of experts (Stewart Griffiths, Tom Flynn, Heather Peters, and Teri Cook). They discussed the surprising things they learned about themselves and their accounts payable function in 2020, what they found the most difficult, and their outlook for 2021.
If you are feeling blue their uniformly optimistic outlook for 2021 will brighten you up – especially the prediction at the end about how we look back on 2020. Wondering about the future of conferences? It was interesting to hear the different perspectives: from the conference organizer to the attendees and finally from the view of a frequent exhibitor.
The live audience was quite generous in sharing their thoughts and experiences as well.
Co-Host: Mary Schaeffer (https://www.ap-now.com/)
Co-Host: Jamie Radford (https://www.ap-association.com/)
Credit: Music: https://www.purple-planet.com
https://youtu.be/XxGtDaR6fiw
Get the latest accounts payable business intelligence delivered straight to your inbox twice a week. Use box at left on www.ap-now.com
In this episode of the AP Now podcast, Mary Schaeffer walks the audience through the process of using Excel to identify potential duplicate vendors in the master vendor file. She explains that this session will be the basis for several other simple analytics sessions that will be shorter and shared on YouTube.
After explaining the process, she explains why certain somewhat simpler approaches won’t work and in closing she goes through the steps a second time.
Host: Mary Schaeffer (https://www.ap-now.com/)
Credit: Music: https://www.purple-planet.com
Get the latest accounts payable business intelligence delivered straight to your inbox twice a week. Use box at left on www.ap-now.com
In this episode of the AP Now podcast, Mary Schaeffer is joined by Rebecca Howard to discuss how to go about raising one’s professional profile. As year-end approaches, many start contemplating their careers and what they might need to do to improve their professional standing.
Howard is an expert on crafting a professional profile that many envy. She alluded to it in the prior podcast and so she was invited to share her expertise on this very important issue with the podcast audience.
Howard talked about how she shares information with her ever-growing community on LinkedIn. She recommends trying to network not only with people who are like you but also people who are very different from you but might have careers you’d like to emulate.
Host: Mary Schaeffer (https://www.ap-now.com/)
Guest: Rebecca Howard
Credit: Music: https://www.purple-planet.com