How to Move From 'Workaround' Processes to Best Practices

September 30, 2021


A periodic process review of AP allows finance to identify and correct inefficiencies that are chipping away at the bottom line. “Many AP processes and procedures have evolved over time, and are not necessarily best practices,” says Pam Miller, IOFM trainer. “For example, AP often has a number of ‘workarounds’ that are developed as a result of time or staffing pressures. The outcome may be okay, but there are better ways to do things.” In preparing for an AP process review, sit down with the…

  Become A Member

Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!

Join Today

Subscribe to our Monthly Insider

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500