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Mistakes in accounts payable often mean that accounting entries Subscribe: https://www.youtube.com/APNow?sub_confirmation=1

Mistakes in accounts payable often mean that accounting entries either have to be adjusted, new ones have to be put through to reverse the original transaction or a correcting journal entry needs to be created. The journal entry route often does not leave a clear audit trail and best practice organizations avoid it if they possibly came. In this piece we discuss some of the common mistakes that happen in accounts payable and their related accounting entries. We also share how these errors can be fixed so the organizations financial records are accurate. #accountspayable #accounting #p2p

Link to Journal Entry Fraud A Comprehensive Introduction https://youtu.be/XmhxuU5ES1U

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More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable

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Without a doubt, ACH payments are an essential tool for running an efficient, cost-effective payment process. But ACH operates differently from both paper checks and wire transfers, and understanding those differences is key to maximizing its benefits. Today, we’re tackling some of the most frequently asked questions to help you fully grasp how to use ACH payments effectively. Whether you work in accounts payable, treasury, or are a controller (financial controller and others) or are just interested in accounting stuff, this is the session for you. Stick around until the end, when we’ll reveal strategies for leveraging this payment method to boost your operational efficiency and decrease the costs associated with making payments. #ACH #payments #EFT

Link to ACH or P-card https://youtu.be/1AxnJc11qzs

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n a world where productivity can make or break a business, accounts payable automation is fast becoming the secret tactic used by those organizations winning the efficiency battle. It’s a process no organization can afford to ignore. But with so many options on the market, how do you know which solution is right for your organization? To cut through the clutter, we gathered top industry experts for an exclusive panel discussion where they’ll answer the tough questions and provide practical insights to help you select the best automation solution for your organization. Stick around until the end when I ask them the one question – no one else asks – and it could be the determinant that helps you make that final buy or no-buy decision. So, let’s get started. #Accountspayableautomation #invoiceautomation #accountspayable

Link to Accounts Payable Automation: A Comprehensive Introduction https://youtu.be/yDto5Irlryw

Learn more about ABBYY: https://www.abbyy.com/

Learn more about Dokka: https://dokka.com/

Learn more about EZ Cloud: https://ezcloud.co/

Learn more about MHC: https://www.mhcautomation.com/

Learn more about Rossum: https://rossum.ai/

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Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

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Twitter: https://twitter.com/Accountspayable

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Imagine losing thousands of dollars simply because of a tiny, unnoticed error in your accounts payable. Sounds alarming, right? Yet, this happens more often than you'd think. Could your AP processes be silently draining your company's profits? Overlooking even the smallest of issues in your accounts payable function can lead to serious financial repercussions. This isn't just about efficiency—it's about safeguarding your organization from costly mistakes that could decimate theSt bottom line, risking not just profits, but potentially your career. Make sure you stick around when we address the one issue that few think of when considering negative impacts to the financial viability of the organization. And of course, we’ve got a fix for each of the danger signs. #accountspayable #accountspayablebestpractices #accounting

Link to How to Not Make Mistakes in Accounts Payable https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdI07dhxDjdq0XbA8owsVz7

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Website: https://www.ap-now.com/

Linkedin AP Now: https://www.linkedin.com/company/ap-now/

Twitter: https://twitter.com/Accountspayable

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Learn when to use ACH vs P-Cards to replace paper checks. Trying to decide between ACH or P-Card payments for your business? Listen to learn when to use each option to replace paper checks effectively!

+ Best practices around your payment and accounts payable function

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In this talk, we’ll answer 6 frequently asked AP process questions to help you better understand the accounts payable process. #accountspayable #accountspayableprocess #accoounting

Link to More about the Three-Way Match https://youtu.be/ysgyRbw3yVk

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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

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Website: https://www.ap-now.com/

Linkedin AP Now: https://www.linkedin.com/company/ap-now/

Ratios pay a critical role in managing the accounts payable component of your financial statements. Through. In particular, we’ve identified five critical financial ratios that serve as the essential tools for organizations looking to efficiently and effectively optimize cash flow, maintain liquidity, and ensure the overall financial health of their organizations. Using these powerful financial metrics you’ll be better positioned to manage the accounts payable portion of your cashflow. Make sure you stick around until the end when we take a look at one critical ratio, rarely mentioned in financial discussions. Alas, many pay a steep price for that oversight. #finance #accountspayable #DPO #ratios

Link to Data Analytics for Accounting/Accounts Payable https://youtu.be/jNzfTsC24tY

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Twitter: https://twitter.com/Accountspayable

More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable 

Many businesses – including your company are looking at ACH payments with real interest. How can your company take advantage of ACH payments? Make sure you stick around until the end when we show you how to deal with the Elephant in the ACH Room. #payments #ach #EFT #accountspayable

Link to ACH vs. Wire Transfers Explained: Which is Right for You https://youtu.be/ZOvcvvM7j04

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Website: https://www.ap-now.com/

Linkedin AP Now: https://www.linkedin.com/company/ap-now/

Are you looking to sharpen your skills and deepen your understanding of the accounts payable process. In this video, we're sharing 27 fast facts about accounts payable. Whether you're a seasoned pro or just starting out, this piece will provide you with the knowledge you need to take your accounts payable expertise to the next level! Make sure you stick around until the end when we take a look at two issues most never really consider serious – but they should. #accountspayable #accounting #p2p

Link to 17 Documents Used in Accounts Payable https://youtu.be/qZpes6RtTX0&list=PLtL6rWSXZ-HflLDp781KPV5rTYPjxfQ1L

Link to AP Best Practices https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

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When you see that a product is powered by AI, is that a plus or a minus for you? I never really gave it much thought until I read a recent article. As I pondered the results of a recent survey that the article was reporting on, I realized that I think the automation solution providers in the accounting space appear to be making a big marketing mistake – at least in my opinion. Let me explain. #automation #apautomation #invoiceautomation

Link to Accounts Payable Automation: A Comprehensive Introduction https://youtu.be/yDto5Irlryw

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Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby