By David Parmenter

An accounts payable team is the centre of an accounting function for without its smooth operation:

  • monthly accounts cannot be prepared promptly
  • number noise is all around and budget holders have no faith in their reports
  • suppliers are forever on the phone querying payments
  • expense claims are a nightmare
  • the management accountants are at sea

I recently was asked to talk about “50+ ways to improve accounts payable” at a seminar…

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