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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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.