How Are Today’s AP Depts. Now Structured?
November 2004
Main article
In the old days, the debate about how to handle the accounts payable function revolved around whether it should be centralized or decentralized. Today, that debate takes on new dimensions with the introduction of shared service centers. As part of the recent Managing Accounts Payable Compensation Survey, respondents were asked how their departments were structured. It will come as no surprise that most companies have centralized this function. This article examines how today’s accounts payable departments are set up.
2009
