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When Beth Hinten, APS, Accounts Payable Processor, joined CBC Companies, Inc.—a public records research and retrieval company based in Columbus, OH—she asked for a copy of the AP procedures
… Read MoreEmployees like using smartphones because the devices are flexible, versatile, and convenient. And now, the devices are increasingly being accepted by employers because smartphones can substantially
… Read MoreDavid A. Brookmire, President Corporate Performance Strategies Tough economic times bring on increased pressures for employees to cut corners and “push the envelope” to generate sales and
… Read MoreImpeccable cash management is the hallmark of a top-performing AP department. It is one of the key accomplishments that help AP departments gain status within their companies. "The quality of AP’s
… Read MorePaying the wrong person or business can land your organization in hot water. While all U.S. payees are required to check their vendors against lists such as the Office of Foreign Assets Control's SDN
… Read MoreA frequent recommendation for improving the AP process is to state, as a matter of policy, that all invoices must be sent directly to AP. Once AP has captured the invoices, they can then be sent on
… Read MoreBy Pam Miller, APMD Segregation of duties is an important consideration in determining what tasks should be done by whom in the AP department. Most organizations—especially those subject to SOX
… Read MoreThe AP department at NYU Langone Medical Center, NYU School of Medicine (New York, NY) wanted to make sure their controls were in place and working properly. In 2012, they set out to establish an
… Read MoreWhat are you waiting for?