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
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Mary Schaeffer (www.ap-now.com