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Early payment discounts are exactly what they claim to be: a discount for paying early. In this episode take a look at the nitty gritty of how early payment discounts work, how it is written and what the financial implications are. Make sure to stick around until the end when we share some strategies for getting more discounts than you are currently receiving. #earlypaydiscount #earlypaymentdiscount #accountspayable

Early payment discounts are part of the invoice and as such should be picked up as part of the invoice processing function. Thus, it is important that everyone in accounts payable and accounting understand what early payment discounts are and how to recognize early payment discounts.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accountspayable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Early payment discounts are a critical part of any cash management program. It is important that the entire accounts payable, accounting and treasury team understand how early pay discounts work and the financial implications of early payment discounts. Finding strategies for getting more early discounts than you are currently receiving is a good cash management approach.

Link to 3 Quick Ways to Find Cash Hidden in Accounts Payable Processeshttps://youtu.be/fnpegmMJAE0

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Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

We’ve got a really easy networking plan that anyone can use to build their own professional network. It’s mind-blowingly simple and anyone can execute it from the comfort of their own home or office. If you think building a professional network sounds like something other people do, people who have big high-flying careers, people who make a lot of money – not something that the average manager or supervisor does, you would be 100% wrong.If you think networking is complicated and gut wrenching because you have to talk to people you don’t know, again, you are 100% wrong. #networking #buildinganetwork #accountspayable

Stick around while I show you how and I guarantee that anyone - including you – can take the first few steps without breaking a sweat! Follow these steps and you’ll become well known in your industry and before you know it, people will seek you out and you won’t have to worry about networking, it will become second nature.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accountspayable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

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

Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

Link to Taking Your Career to the Next Level: Career Successhttps://youtu.be/kGYPCSUNnb8

Wordle is the really fun online game that entertains and sometimes aggravates the legions of fans who are devoted to it. Quirky Wordle situations that make it challenging for regular #wordle players to solve the daily puzzle are also what makes #Wordle so much fun to play. In this episode we examine 5 such quirky wordle situations. #wordle #quirkywordle #wordle strategy 

Quirky Wordle Situations that Drive Me up the Wall identifies those oddball Wordle situations that many Wordle fans forget about when they go to solve the daily wordle puzzle. They are not part of the general Wordle strategy that is used by the masses of fans who play the game on a regular basis. Of course, once they are stumped many to eventually back into the Wordle solution only to realize that once again, they’ve run into the quirky wordle situation. Wordle quirks are part of what makes the game so much fun to play. You never know what you are going to encounter when you open up the daily wordle puzzle.

Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.

Link to Wordle Aggravationhttps://youtu.be/VjESDDYKu3k

Link to Wordle tips from Everyday Playershttps://youtu.be/Q6sjOQ7U8qc

Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.

Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm

Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys

Link to Best Starting Word Revisited https://youtu.be/4FY28GWPddI

Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com )

Did you know that practices that you might consider acceptable when it comes to your expense reimbursement process are actually costing your organization millions of dollars? I am not kidding. Hundreds of thousands of organizations still use these practices, not realizing that they facilitate petty fraud and that these frauds occur with frightening frequency. In this episode, I’m going to discuss three of them. The odds are your organization is using at least one of them, and many will be using all three. At the end I discuss one, seemingly innocuous practice allowed in 50% of all companies that facilitates all sorts of petty fraud. #expensereport #accountspayable#accountspayablebestpractices

Those common expense reporting practices may be costing your organization millions of dollars, either in terms of questionable expenditures or excess resources spent on administering the expense reporting process.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to Expense Reporting Trends: Receiptshttps://youtu.be/ftWRVfF9glQ

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Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

The accounts payable process from a best practice standpoint, should start with the setup of a new vendor (supplier). But, when should that happen vs. when a new vendor is actually set up. In this episode, as I do in my book, 127 Best Practices for Accounts Payable, we’ll discuss the best, almost best and worst practice for setting up a new vendor in the master vendor file. Make sure to stick around until the end when we reveal the worst practice, which regrettably is still used in many, many companies. We’ll explain why this is so bad and how it can cost your organization millions of dollars. #accountspayable #accountspayableprocess #vendorfile

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. The accounts payable process includes master vendor file, or vendor master vendor file. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses. Those controls include the master vendor file, and more specifically setting up a vendor in the master vendor file.

The accounts payable process from a best practice standpoint, should start with the setup of a new vendor (supplier). But best accounts payable practices and reality don’t always match up. That’s when almost best practices come into the picture. And, of course, the reality is there are worst practices still in use in many accounts payable groups.

Link to Fraud in the Vendor Filehttps://youtu.be/6r9I5d-li-U

Link to: Worst Accounts Payable Practices [What to Do Instead]https://youtu.be/XGdbM5AiPf4

Link to AP in the Movieshttps://youtu.be/dec6bkMhmrE

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

Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

Wordle hints from our viewers are the best. They help wordle players win faster. In this episode we’ve got some great tips, a funny Wordle story and the Wordle Jumble. Make sure you stick around until the end when we explain what the Wordle Jumble is and how to play it. If you enjoy Wordle, you’ll love the Wordle Jumble. It’s really easy and fun! #wordle #jumble #wordlejumble

Wordle hints and tips from regular wordle players provide insights and strategies that might not be found anywhere else. Plus, they are lots of fun. Wordle players know there are many choices for each round and they often try to make each letter in each word count. That’s where the tips and hints from regular wordle players can really help.

Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.

Wordle hints from players who regularly try and solve wordle rounds often provide insights others miss. They may make it possible for wordle players to make better selections that will help the player win in fewer rounds. In this episode we’ve got some great tips, a funny Wordle story and the Wordle Jumble. At the end when we explain what the Wordle Jumble is and how to play it.

Link to Wordle: Everyday Wordle Players Share Amazing Tips and Insights

https://youtu.be/Q6sjOQ7U8qc

Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.

Link to The Book: Wordle: The Rules, Strategy and Expert Tips https://www.ap-now.com/snip/111.htm

Link to the Wordle Play List: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys

Link to Best Starting Word Revisited https://youtu.be/4FY28GWPddI

Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com )

A mythical look at a Day in the Life of Accounts Payable reveals just how many different areas in an organization interact with #accountspayable. Taking a look at Accounts Payable: A Day in the Life is eye-opening for many controllers, CFOs and other finance executives as they don’t realize just how many responsibilities are handled in accounts payable.

The numerous accounts payable duties and accounting duties are addressed in this broadcast as is the role of accounts payable in the accounting and finance chain. Typically, the accounts payable function is part of the #accounting group and reports to the #controller. Accounts payable is sometimes linked with procurement, especially in those companies that have a procure-to-pay department or function. In this case, procure-to-pay is sometimes referred to as P2P or purchase-to-pay.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses. This imaginary view of a Day in the Life of Accounts Payable the number of different groups in an company interrelate with accounts payable.

Link to what you need to know to work in APhttps://youtu.be/UGFaUkiNPP0

Link to playlist from AP Technology Weekhttps://youtube.com/playlist?list=PLtL6rWSXZ-HeTeFa4eBOVeHvE2NbY4KEz

Link to playlist from AP Appreciation Week (including Payment Innovation)https://youtube.com/playlist?list=PLtL6rWSXZ-HekaIHKO1lQ9Cn8rpjfzGZG

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

Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

1099 Best Practice tips for those required to fill out 1099s! Information Tax Reporting on IRS Form 1099 is a major headache for most accounts payable groups at this time of the year. The 1099-MISC and the 1099-NEC are used to report to the IRS payments made to independent contractors. Getting the 1099 information correct is never easy. In this episode we’ve got 5 quick tips to help you create the perfect 1099. Make sure you stick around until the end when we share how to create a strong foundation for your 1099 reporting. #accountspayable #1099 #1099MISC

Almost every single organization has to issue 1099s each year and the task is never easy. Put one wrong number in a box and you could trigger an irate supplier or worse a B notice from the IRS or both. Neither are desirable. That’s why, at a minimum, using the tips in this broadcast will help you set your organization off on the right foot.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to W-9 FAQshttps://youtu.be/EZKD5eZIE2I

Learn more about AP Now’s 1099 e-Workshophttps://www.ap-now.com/products/1099-eWorkshop.cfm

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

Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

Did you know that 75% of the population suffers from glossophobia? What am I talking about? Fear of public speaking. But it can be a huge differentiator when it comes to career success. That’s just one of the reasons Jamie Radford and I are always advocating for you to speak in public – and there’s lots of opportunities. In this episode we explain what we mean, how to get over the fear almost everyone has of speaking in public and then some tips on talks you can put together. #APWeek #accountspayable #publicspeaking

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to 3 Common Career Killershttps://youtu.be/rp6c_J3uemA

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

Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

Guest: Jamie Radford ( https://ap-association.com/)

The once staid and intractable payment process in the US has gotten a royal kick in the you know what the last few years and it looks like that will continue into the near future. We are joined by Nacha’s very own Rob Unger to shed some light on some of the changes and trends that will impact the payment process at virtually every organization.

This talk is part of a week-long series for AP Appreciation Week. There is a link to the series below. The idea behind AP Appreciation Week is two-fold. First, it is a time for companies and their managers to show their appreciation for their accounts payable team. And, secondly, it is the time when AP Now says thank you to the community of professionals that supports our mission. Thus, we try and provide information this week that will help each professional individually in meeting their career goals. [And in once case, we just want to have a little bit of fun.]

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to all AP Appreciation Week 2022 talkshttps://youtube.com/playlist?list=PLtL6rWSXZ-HekaIHKO1lQ9Cn8rpjfzGZG

Link to Rob Unger’s Real Time Payments Talkhttps://youtu.be/jKgmu-fye_E

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

Learn more about AP Now at www.ap-now.com

Guest: Rob Unger (https://www.nacha.org/)

Host: Mary Schaeffer (www.ap-now.com)