A Complete Guide to Accounts Payable Best Practices - Streamline Processes, Reduce Problems & Manage Effectively.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/8a7ccd/complete_guide_to) has announced the addition of the "Complete Guide to Accounts Payable Best Practices" report to their offering. The accounts payable function has changed radically over the past decade -- and this transformation continues. Make sure your procedures reflect the most up to date best practices--while avoiding the damage caused by "worst practices" -- with detailed information on the hottest topics in AP such as technology planning, invoice automation, organizational strategies, and the impact of the Sarbanes-Oxley Act See SOX. on accounts payable. Whether it's handling invoices or staff relations, this 350+ pages Guide will show you how to build a coherent set of best practices that are tailor-made for your AP department. With checklists of over 500 AP best practices in 14 different categories, you'll get the help you need to: - Save time and money by streamlining your invoice processing. - Learn the latest strategies for invoice imaging, electronic invoices, data capture, and workflow. - Avoid payment fraud via best ways to prepare, print, and distribute checks. - Clean up your master vendor file to eliminate fraud and duplicate payments. - Get control of travel & entertainment expenditures with effective policies. - Discover how organizations are growing their p-card programs while maintaining control. - Protect your organization from federal and state investigations by staying on top of regulatory issues, including Sarbanes-Oxley. - Improve your organization's cash position by implementing new strategies for discounts. - See how to use proven process improvement strategies, such as benchmarking. - Determine if shared services shared services, n.pl the administrative, clinical, or other service functions that are common to two or more hospitals or their health care facilities and used jointly or cooperatively by them. , outsourcing, or offshoring
Offshoring describes the relocation of business processes from one country to another. is right for your AP department. - Reduce problems with customers--both internal and external. - Learn proven ways to deal with staff management issues. - And much, much more! This new edition of the Complete Guide to AP Best Practices is a complete, full-service resource that can save you time and money-- and give you the best ideas available to polish your accounts payable department. Executive Summary: What This Guide Will Do for You The accounts payable (AP) function has changed radically over the past decade--and this transformation continues. The purpose of this Guide is to share with AP professionals the latest and best ways to handle their many tasks and responsibilities. These "best practices" have been amassed over our 13 years of covering the AP scene--through our AP conferences, surveys, seminars, certification program, and publications. We have heard from or talked with literally thousands of AP directors, managers, supervisors, associates, and processors about what works--and what does not. So, in a sense, this guide was written by you, the AP professional, and acts as a way to share your advice with your colleagues. Why should we care about best practices in AP? For the same reason legendary bank robber Willy willy Noun pl -lies Brit, Austral & NZ informal a childish or jocular word for penis Sutton targeted banks: It's where the money is. As the department in charge of all disbursements (except payroll), AP is the gatekeeper In an H.323 IP telephony or video environment, a gatekeeper is a device that manages domains and provides call control. It is used to translate user names into IP addresses, to authenticate users and to manage network resources. of the organization's funds. Without AP best practices, there's a risk of "leakage LEAKAGE. The waste which has taken place in liquids, by their escaping out of the casks or vessels in which they were kept. By the act of March 2, 1799, s. 59, 1 Story's L. U. S, 625, it is provided that there be an allowance of two per cent for leakage, on the quantity which shall appear " of those funds--through duplicate or erroneous erroneous adj. 1) in error, wrong. 2) not according to established law, particularly in a legal decision or court ruling. payments, missed invoice discounts, late-payment penalties, misuse of funds, and outright fraud. This represents very hard dollars that come right out of the organization's bottom line. Plus, there is the productivity issue. Best practices help an AP department to be more efficient, allowing it to do more with less. And then there are tax and regulatory issues. Everyone's nightmare is to have the Internal Revenue Service or state auditor State auditors are executive officers of U.S. states. The office usually is created by the state constitution.
failure of the owner to follow instructions, particularly in administering medication as prescribed; a cause of a less than expected response to treatment. noncompliance with federal tax, state sales and use tax Sales and use tax refers to:
constrain, stiffen, tighten confine, limit, throttle, trammel, restrain, restrict, bound - place limits on (extent or access); "restrict the use of this parking lot"; "limit the internal controls. So whether it's handling invoices, payments, master vendor file issues, employee expense reimbursements, p-cards, cash management, technology issues, regulatory requirements, organizational strategies, or staff relations, this guide can help you build a coherent set of best practices that are tailor-made for your AP department. Key Topics Covered: - Invoice Processing - Invoice Automation - Payment Processing - Master Vendor File - Travel & Entertainment - Purchasing Cards A Purchasing Card is a form of company credit card that allows goods and services to be procured without utilising a traditional purchasing process. Purchasing Cards are usually issued to employees who are required to operate within a set of company rules and guidelines which - Regulatory and Ta x Issues - Sarbanes-Oxley Act - Technology Planning - Cash Management For more information visit http://www.researchandmarkets.com/research/8a7ccd/complete_guide_to |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion