Hidden AP Traps Everyone Needs to Avoid
Mary Schaeffer
Founder AP Now; Hosts AP Now YouTube Channel and podcast; Author 20+ business books; Accounts Payable Speaker; Top 50 Influencer in AP; Love to connect with everyone interested in accounts payable issues
Getting even the smallest detail wrong in your accounts payable function can result in significant losses – money that is sometimes not recoverable or if it is, only after considerable efforts and expense. Better not to make these mistakes in the first place But there are so many places in accounts payable where mistakes slip through, allowing duplicate payments and even worse, fraud to slip through – and more often than you might imagine, and many company doesn’t ever realize it. We’ve identified seven such critical areas.
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