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  • Accounts Payable Best Practices

    As savvy professionals are well aware, your accounts payable (AP) process can make or break your organization’s financial wellbeing. With the increasing complexity of technology, often-tenuous vendor relationships, increasing regulatory demands, and advances in fraud, maintaining a streamlined AP process is not just a requirement—it's a strategic necessity. Best practices provide the tactical framework that can transform your accounts payable operations from a routine function into a powerhouse of financial control and operational efficiency. Whether you’re a seasoned professional looking to optimize your existing processes or a new manager looking to understand the nuances of accounts payable, a good grasp of best practices and the role they play is critical.

     

    Link to Accounts Payable Internal Control Basics [Some SURPRISES] https://youtu.be/uIomGiLtUYA

     

    45 min
  • Reconciliation Tricks to Help You Find Errors Quickly

    How’d you like to spend less time doing reconciliations? Whether you are reconciling your personal bank statement, your companies bank statement or two accounts that are supposed to balance, it can be a time consuming and annoying, albeit necessary, exercise. Too often you have to weed through hundreds, if not thousands of transactions to find the mistakes. That can take a huge amount of time. We’ve got a few shortcuts or tricks, if you will, to help you find those mistakes FASTER. Make sure you stick around until the end when we identify the strategy that helps many jumpstart the reconciliation process and eliminate many of the reconciliation issues. Accountants, controllers, both managerial controllers and financial controllers, bookkeepers, accounts payable professionals and for that matter, anyone interested in accounting stuff will find these tactics useful. #reconciliation #bankrecs #accounting #bookkeeping

    Link to How to Use Using Conditional Formatting to Find Duplicates https://youtu.be/ssdlMh79n4E

    Looking for more of the most current business intelligence about

    + Best practices around your payment and accounts payable function

    + Current and new fraud protection protocols

    + The newest technology impacting your accounting, accounts payable, and payment functions

    + Career advancement

    +And much more!!

    Subscribe for more tips and insights like this:

    https://www.youtube.com/APNow?sub_confirmation=1

    +++++++++++++++++++++++

    See most recent videos at: https://www.youtube.com/@APNow/videos

    See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB 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_

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

    Other

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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

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

    9 min
  • Accounts Payable Accounting Job Interview: Prep and Wrap-up

    What you do in the Five minutes before you start an interview and the five minutes when you leave is vital. It can be the difference between you getting that much-wanted job offer or getting that polite letter saying the potential employer has “decided to go in another direction.” Yet, most professionals never give these critical time periods a moment’s thought. What you do in those time slots could be the game-changers in your job search. #accountspayable #accounting #jobinterview

    Link to Accounting/Accounts Payable: Preparing for A Job Interview as Few Do https://youtu.be/StE8zLOsQ2k

    Looking for more of the most current business intelligence about

    + Best practices around your payment and accounts payable function

    + Current and new fraud protection protocols

    + The newest technology impacting your accounting, accounts payable, and payment functions

    + Career advancement

    +And much more!!

    Subscribe for more tips and insights like this:

    https://www.youtube.com/APNow?sub_confirmation=1

    +++++++++++++++++++++++

    See most recent videos at: https://www.youtube.com/@APNow/videos

    See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

    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_

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

    Other

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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

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

    9 min
  • Three-Way Match: Everything You Need to Know

    As a knowledgeable accounting and finance professional, you know that the "three-way match" is the Holy Grail when it comes to accuracy and avoiding payment errors in processing invoices for payment. That’s why we’re taking a deep diver today into everything related to this important bed rock of the accounts payable function. If you want to demonstrate a strong foundation in all accounting stuff but especially accounts payable issues make sure you stick around until the end when we analyze some unexpected situations where the three-way match saves the day. #threewaymatch #accountspayable #accounting

    Link to Invoice Process best Practices https://youtu.be/6eXuYMvvfLU

    Looking for more of the most current business intelligence about

    + Best practices around your payment and accounts payable function

    + Current and new fraud protection protocols

    + The newest technology impacting your accounting, accounts payable, and payment functions

    + Career advancement

    +And much more!!

    Subscribe for more tips and insights like this:

    https://www.youtube.com/APNow?sub_confirmation=1

    +++++++++++++++++++++++

    See most recent videos at: https://www.youtube.com/@APNow/videos

    See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

    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_

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

    Other

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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

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

    35 min
  • The REAL Reason You Are Not Getting Promoted

    The real reason you are not getting promoted is probably not what you think. If you've been passed over for a promotion, it's time to uncover the real reasons behind it. It's not about office politics or favoritism - there could be other factors at play. Join us as we explore the lesser-known obstacles that might be hindering your career growth. Stay tuned to discover how you can address these challenges and position yourself for success.#career #promotions #accountspayablejobinterview

    15-Minute Job Interview Preparation

    https://youtu.be/StE8zLOsQ2k

    Link to The Top 5 Questions That Trip Up Candidates https://youtu.be/2rCEwqYgJGA

    Looking for more of the most current business intelligence about

    + Best practices around your payment and accounts payable function

    + Current and new fraud protection protocols

    + The newest technology impacting your accounting, accounts payable, and payment functions

    + Career advancement

    +And much more!!

    Subscribe for more tips and insights like this:

    https://www.youtube.com/APNow?sub_confirmation=1

    +++++++++++++++++++++++

    See most recent videos at: https://www.youtube.com/@APNow/videos

    See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

    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_

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

    Other

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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

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

    10 min
  • Accounts Payable Internal Control Basics [Some SURPRISES]

    Do you want to avoid duplicate payments and fraud when paying your company’s invoices? Of course you do, that’s a foolish question to ask. Or is it? While I’m willing to bet virtually everyone had the same answer to that original question, not every organization is as diligent when it comes to the basic internal controls needed to protect the organization against paying twice or fraudulently- and before you say, “well, it’s not the end of the world if we pay twice, our suppliers will return the excess payment,” let me assure you that is only true in a small number of cases. What’s more, and I won’t get an argument on this on, criminals will never return the funds, they’ll just try and get you to make the same mistake a second time. Make sure you stick around until the end when we discuss the one “building block of internal controls” many never implement … and it costs big time. Your organization could be one of them. #accountspayable #accountspayableinternalcontrols #accounting

    Internal controls that NEVER Work https://youtu.be/JCVR4BFKHwM

    Looking for more of the most current business intelligence about

    + Best practices around your payment and accounts payable function

    + Current and new fraud protection protocols

    + The newest technology impacting your accounting, accounts payable, and payment functions

    + Career advancement

    +And much more!!

    Subscribe for more tips and insights like this:

    https://www.youtube.com/APNow?sub_confirmation=1

    +++++++++++++++++++++++

    See most recent videos at: https://www.youtube.com/@APNow/videos
    See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

    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_

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

    Other

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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

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

    11 min
  • Accounts Payable Best Practices: Part 2 Invoices

    What if there were proven best practices that could transform the task of processing invoices from a cumbersome chore into a streamlined process? Learn the best practices for managing invoices in your accounts payable process with this informative video. Find out how to streamline your invoice management for better efficiency and accuracy. #accountspayable #accountspayablebestpractices #invoices

    Link to Accounts Payable Best Practices Part 1 https://youtu.be/8RscSRl2BUI

    Looking for more of the most current business intelligence about

    + Best practices around your payment and accounts payable function

    + Current and new fraud protection protocols

    + The newest technology impacting your accounting, accounts payable, and payment functions

    + Career advancement

    +And much more!!

    Subscribe for more tips and insights like this:

    https://www.youtube.com/APNow?sub_confirmation=1

    +++++++++++++++++++++++

    See most recent videos at: https://www.youtube.com/@APNow/videos

    See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

    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_

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

    Other

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

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

    13 min
  • ACH or Paper: Which Is Right for You

    Confused about ACH or paper payments? This video will help you decide which option is right for you! Learn about the differences between ACH and paper payments to make the best choice for your business. #accountspayable #payments #ach

    Link to The Difference between ACH Credits and ACH Debits https://youtu.be/HyLNyBLGGkY

    Looking for more of the most current business intelligence about

    + Best practices around your payment and accounts payable function

    + Current and new fraud protection protocols

    + The newest technology impacting your accounting, accounts payable, and payment functions

    + Career advancement

    +And much more!!

    Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1

    +++++++++++++++++++++++

    See most recent videos at: https://www.youtube.com/@APNow/videos

    See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

    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_

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

    Other

    ++++++++++++++++++++++++++++++++++

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

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

    Twitter: https://twitter.com/Accountspayable

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

    9 min
  • ROI vs payback Evaluating Your Accounts Payable Projects

    Learn how to secure funding for your projects by mastering a little-used financial calculation technique! Watch until the end to discover how to calculate payback and convince management to approve your recommendations. ROI (return on investments) does not have to be king when it comes to evaluating your accounts payable technology projects or other accounting stuff. Don't miss out on this valuable information - subscribe now! #roi #payback #accountspayable #accounting

    Accounts Payable Improvements that Pay for Themselves Over and Over Again https://youtu.be/U3jWqzdzojA

    Looking for more of the most current business intelligence about

    + Best practices around your payment and accounts payable function

    + Current and new fraud protection protocols

    + The newest technology impacting your accounting, accounts payable, and payment functions

    + Career advancement

    +And much more!!

    Subscribe for more tips and insights like this:

    https://www.youtube.com/APNow?sub_confirmation=1

    +++++++++++++++++++++++

    9 min
  • Navigating the Complexities of the Accounts Payable Function 65

    Whether you’re an accounting manager who has just been told you are now managing the accounts payable function or a seasoned pro who has been working in or managing it for a while, there are a number of operational problems that do not get the headlines or attention they deserve. This leaves management and those new to the space wondering why their accounts payable function isn’t more efficient than it is. By knowing what these issues are (and EVERYONE … and I mean EVERYONE) has them. While this talk was originally designed for accounting managers getting ready to take over the management of the accounts payable function, experienced pros will also benefit from a thorough understanding of the issues. Make sure you stick around until the end when we discuss the one mistake that trips up experienced and newbies alike. #accountspayable #accounting #p2p

    Link to Accounts Payable Tutorial for Beginners https://youtu.be/u9O6ab541Dk

    Link to AP Basics: A Guide to Almost Everything in 17 Minutes https://youtu.be/6sFBmLwZlz8

    Looking for more of the most current business intelligence about

    + Best practices around your payment and accounts payable function

    + Current and new fraud protection protocols

    + The newest technology impacting your accounting, accounts payable, and payment functions

    + Career advancement

    +And much more!!

    Subscribe for more tips and insights like this:

    https://www.youtube.com/APNow?sub_confirmation=1

    +++++++++++++++++++++++

    See most recent videos at: https://www.youtube.com/@APNow/videos

    See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

    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_

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

    Other

    ++++++++++++++++++++++++++++++++++

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

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

    13 min

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Discussions about trends, insights and emerging issues impacting the accounts payable and payment functions