By David Parmenter
I have developed a toolkit to help AP teams optimize their AP. The toolkit is a 70 page document with accompanying electronic media to help you get started. It covers the following strategies (the number in brackets are the better practice s to adopt).
Accounts payable systems improvements easy steps (7)
Accounts payable systems improvements more integrated steps (3)
Administration improvements for all AP teams (8)
Improvements to month-end AP procedures (5)
Accounts payable staffing improvements (7)
Business re-engineering (6)
Payment improvements (6)
Improving relationships with budget holders (7)
Improving relationships with suppliers (10)
Identifying accounts payable fraud early (8)
Next steps
Purchase the 50+ Ways To Improve Accounts Payable – Toolkit (70 page Whitepaper + e-templates)