The accounts payable team is one of the most important in the accounting function. However, many APteams are stuck in the dark ages, which means:* monthly accounts cannot be prepared promptly, as AP is buried under a tsunami of invoices* budget holders are unnecessarily tied up in authorising and approving all transactions– no matter how small* suppliers are forever on the phone queryings payments* the management accountants’ analysis is undermined. Read More
Moving accounts payable out of the dark ages
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