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APNow episodes
- AI and AP The Changes, Challenges and Opportunities
Did you know that using AI is easier than using Excel? That's just one of the fascinating and useful insights revealed by our expert guest in this broadcast. Without a doubt, the accounts payable function will look very different in just a few short years. AI is going to make an impact. Is that good or bad? And more importantly, what does that mean for our viewers, the professionals who work in, manage and/or have responsibility for the accounts payable function. There will definitely be some challenges. Make sure you stick around until the end when my guest, Nathanael L’Heureux is going to share some of the unexpected opportunities for our community – some of which, I’m willing to bet your never really considered. #AI #AIopportunities #accountspayable
Some of the topics discussed in this talk include:
• What are the different types of AI?
• Using AI to identify duplicates
• How AI can help prevent paying the wrong vendor
• How AI can help prevent using wrong measure when ordering
• How AI can add another layer of protection against fraud
• Different types of AI challenges
• AI and change management
• What are the challenges ap and accounting are likely to encounter with AI
• What are the opportunities for AP and accounting with AI
• Some funny AI stories
• How to get the most out AI
Learn more about Oversight at www.oversight.com
Link to Will AP Be Obsolete in Three Years https://youtu.be/MVvD3S7Fqww
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
Facebook: https://www.facebook.com/AccPayNow
31 min - How to Overcome Imposter Syndrome at Work
What do you have in common with Tom Hanks, Meryl Steep, Barbara Corcoran, and Howard Shultz, founder of Starbucks? Before you respond with a resounding, “absolutely nothing, let me ask you a few more questions. Do you ever feel like you don’t belong in your job or your position because you are not really qualified? Surely everyone can see that! Do you ever sit in a meeting and wonder “what am I doing here?” – not because you are bored to tears but because you think you are not qualified to be part of this impressive group of people gathered to discuss this important issue or problem? Deep down, do you think it’s luck not skill that has gotten you where you are? Well join the club. Lots of other people are feeling the same thing. Tom Hanks, Meryl Steep, Barbara Corcoran, and Howard Shultz, founder of Starbucks have all owned up to feeling like they don’t belong. #impostersyndrome #careertips, accounting
Link to Tips on Becoming more assertive
https://youtu.be/JJ_vx6DJBwULooking 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
Facebook: https://www.facebook.com/AccPayNow
10 min - Common Worst Master Vendor File Practices
The master vendor file can be your best friend or your worst enemy when it comes to running an efficient, cost-effective, fraud-resistant accounts payable and payment process. Today, we're diving headfirst into treacherous waters, along with too many others, the folks that use common Master Vendor File worst practices. This is where the tiniest of errors or oversights can lead to financial disaster, where mistake can facilitate fraud, and where inefficiency silently bleed resources that erodes profitability. We’re going to look at five very common practices that don’t protect an organization but rather open the door to mistakes, duplicate payments and worse. Make sure you stick around until the end when we discuss one practice that many don’t even realize hurts – and it does so in a big way. #mastervendorfile #accountspayable #accountspayableprocess
Link to Fraud in the Vendor File: How to Prevent It
https://www.youtube.com/watch?v=6r9I5d-li-U&list=PLtL6rWSXZ-HeZHaYupptiu7ZBqniRaj2J&index=4Looking 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
Facebook: https://www.facebook.com/AccPayNow
10 min - Accounts Payable vs. Bookkeeper: What’s the Difference
Are bookkeeping and accounting the same? And more to the point for our audience do bookkeeper and accounts payable professionals do the same things? Well, the answer to that is proverbial “it depends” as there is a large overlap between the two, as I’ll explain. What’s more, some organizations hire bookkeepers to work in accounts payable and others call their accounts payable staff bookkeepers. #accountspayable #bookkeeping #accounting
Link to Accounts Payable Tutorial https://youtu.be/u9O6ab541Dk
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
Facebook: https://www.facebook.com/AccPayNow
6 min - Accounting/Accounts Payable: Preparing for A Job Interview
Spending a few minutes preparing for an interview can make a BIG difference, the difference between getting that coveted job – and NOT! We’re talking about spending 10-15 minutes sitting quietly going over various bits of information so you are prepared for whatever the interviewer might throw at you. What’s more, this will help calm you down if job interviews – be they for an internal promotion or a job with a brand new company – tend to make your nervous. I’ve got 5 simple steps to help you with this quick review and they should only take 10 or 15 minutes. Make sure you stick around until the end when we discuss the one stupidly-simple area that trips up many – and once you’ve fallen off that boat, it’s really difficult to recover and have a positive outcome. #accountspayable #accounting #jobinterview
Link to Never Say This on A Job Interview https://youtu.be/zWnVk0Dxku4
Link to Playlist of Videos to Help You with your AP/Accounting Job Interview https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcTqTnJnnUXwLCqs8XNIO6f
Preparing for an accounting ap job interview includes LAST-MINUTE INTERVIEW PREP! How To Prepare For An Interview In Under 10 Minutes! Is a critical skill when preparing for an Accounting/AP Job Interview. This could also be called The 15-minute difference as 10-15 minutes can make all the difference when interviewing. 10 Minutes to AP/Accounting Interview Excellence: AP/Accounting Insights is critical.
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
Facebook: https://www.facebook.com/AccPayNow
10 min - Difference between Purchase Order and Invoice Accounts Payable
Do you know the difference between a purchase order number and invoice number and what each are used for? Purchase order numbers and invoice numbers are two numbers used for several different functions in the procure-to-pay and accounts payable space. It is critical that everyone involved in these functions understand the basic different between a purchase order (and the purchase order number) and an invoice (and the corresponding invoice number). Sadly, not everyone does. These critical determinants are key to effective and efficient processing. Purchase orders without PO numbers and invoices without invoice numbers are not acceptable. You need both. Make sure you stick around until the end when we share one invoice number dilemma many are not even aware exists! #purchaseorder #invoice #accountspayable
Link to When the Invoice Number Changes [Avoiding Duplicate Payments] https://youtu.be/dCzcBGm-2FY
Link to Invoices without Purchase Order Numbers: They Can Be Eliminated https://youtu.be/zpNocghaDhQ
Link to What Is a Purchase Order and How Does It Work? https://youtu.be/rnZD3qJOzoA
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
Facebook: https://www.facebook.com/AccPayNow
8 min - Weak Accounts Payable Practices Everyone Still Uses
While most organizations like to think they are best practice when it comes to their accounts payable operations, the reality is something starkly different. At best, most use about half of the recommended best practices and the rest use even less. I’ve identified a handful of really weak and ineffective practices still in use at virtually every organization. We’ll discuss why and how they hurt as well as what you should be doing instead. Make sure you stick around until the end when we discuss one practice that only recently slide on to the worst practice list (thanks to a new fraud) and I’ll tell you what to do instead. #accountspayable #accountspayablebestpractices #accountspayableprocess
Worst accounts payable practices that everyone should avoid and what to do instead. This could also be called Common AP Worst Paper Practices: Told Through Cartoons.
Link to Check Washing Fraud Scam https://youtu.be/iX8oS5qggDg
Link to Invoices without Purchase Order Numbers: They Can Be Eliminated https://youtu.be/zpNocghaDhQ
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
Facebook: https://www.facebook.com/AccPayNow
9 min - The Parts of an Invoice [Accounts Payable]
A good invoice gets a good payment is the mantra of many best practice accounts payable departments. But what makes up a good invoice? Does leaving off one little piece of information make it a bad invoice? Will bad invoices not be paid? Today we’ll review the necessary parts of an invoice. Leaving any of this information off may result in your invoice not being paid – or payment being delayed. Make sure you stick around until the end when we discuss one piece of information often left off, to the detriment of the seller. #invoice #accountspayable #accountspayableprocess
Link to Life of An Invoice [Stages] https://youtu.be/ihuVZO88khg
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
12 min - Accounts Payable Jargon Every Finance and Accounting Professional Should Know
Did you ever have a conversation with someone where you each thought you knew what the other was talking about – and then it turned out you were talking about two different things – or worse, you each went away thinking you had agreed to something – but you had two very different ideas what that was? Welcome to the world of accounts payable where things are changing quickly – and our vocabulary isn’t always keeping up. Today we’re going to try and give you the information you need so that doesn’t happen on your watch. Make sure you stick around until the end when we discuss one area that has fooled more than a few knowledgeable professionals. #accountspayable #accounting #jargon
Link 3 Automation Mistakes https://youtu.be/IlSK-BG5Xfw
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
Facebook: https://www.facebook.com/AccPayNow
10 min - Life of an Invoice [Accounts Payable]
Think invoices are just mundane pieces of paper or electronic documents? Ever wonder what happens when that invoice hits the accounts payable department? Probably not. But we’re here to share that it’s a lot more complicated than you might imagine. And get it wrong or try and skip one of these steps – and you could end up with non-payment and credit hold, duplicate payments or worse, fraud. That’s right fraud. Stick around for the secret life of an invoice, your company can’t afford for you to get it wrong. It’s absolutely horrifying. #invoice #accountspayable #accounting
Link to Invoice Processing Tips https://youtu.be/RC3oIYDBgtU
What you need to know about invoices Invoices
What you need to know
Everything you need to know about the Invoice. In this episode you'll learn what an Invoice is, why it's important and what's typical invoice format. Invoicing is an essential part of any business whether you're working for yourself or for a corporation. If you want to get paid you've got to know what an Invoice is and how to use it.
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
Facebook: https://www.facebook.com/AccPayNow
11 min
About APNow
From the publisher's feed
Discussions about trends, insights and emerging issues impacting the accounts payable and payment functions