Year-End Planning: IRS Agents Poised to Crack Down on Executive Expense Reports;
MAP Conference: Kennametal Learns 4 Valuable Lessons in Rolling Out EIPP;
Technology: Two Think Tanks Rank Leading Imaging Vendors;
MAPs 10th Anniversary: Best Practice Identified for 10 Areas of Accounts Payable;
IOMA.com Upgraded for Research Tasks;
Accounts Payable Calendar;
Exclusive MAP Survey: How to Foster Teamwork in Your AP Department;
Future Issues;
News Briefs;
Accounts Payable Managers Forum. Close Snippit | Read Article
An internal government document reveals that IRS agents have been newly trained to descend upon companies to ferret out tax problems with executive expense accounts. If your company is selected for audit, agents will be knocking on APs door early in the investigation. Therefore, understanding what they will be looking for is crucial so you can take action before year-end to avoid tax troubles for the company and its top brass. Close Snippit | Read Article
Using electronic invoice presentation and payment (EIPP) tools, AP departments are reaping a number of bottom-line savings. These include reduced direct costs of invoice processing, improved internal controls, and greater use of invoice discounts. Close Snippit | Read Article
In a recent survey we conducted, a quarter (25.5%) of MAP readers said they plan on using imaging technology in their AP departments in the near future. For them, choosing a vendor to provide the technology will be a daunting task. Reason: There are many vendors out in the market. And, of course, they all purport to be the best. Close Snippit | Read Article
Its hard to believe this newsletter is 10 years old! During that time, weve presented many best practices dealing with every facet of AP operations. Looking back through past issues, weve identified one single best practice for 10 different areas of AP. If your department is like most, you will definitely be able to use at least one of these practices that have saved AP departmentslarge and small alikea great deal of time, money, and headaches. Close Snippit | Read Article
The IOMA Web site at www.ioma.com has a new look this month! It is easier than ever to find the back issues and articles you need, as well as the other resources IOMA offers for AP professionals. Close Snippit | Read Article
AP CERTIFICATION TRAINING
The Essentials of Accounts Payable Seminar & Certification Exam: The Best Training Program Available for Accounts Payable Pros
Los Angeles, September 15 New York, October 16
San Francisco, November 18 Miami, December 9
Go to www.ioma.com
2005 REGULATORY COMPLIANCE CONFERENCE (FORM 1099), Sept. 12-14, San Diego. Contact: 1099 Pro, 888-776-1099; www.1099pro.com.
ORGANIZING AND MANAGING ACCOUNTS PAYABLE, Sept. 16, New York City; Sept. 23, Philadelphia; Nov. 10, Orlando; Nov. 18, Arlington Heights, IL; other dates and locations. Contact: National Close Snippit | Read Article
When thinking about how to improve AP operations, we sometimes focus exclusively on tasks, processes, and technologyand forget about people. But the fact is, the best processes and technology in the world wont reach full potential if you have employees who dont work together as a team. Close Snippit | Read Article
IOMAs Exclusive Research Examines How Companies Succeed With Invoice Imaging How AP Pros Improve Their Relationship With Purchasing Top 10 AP Managers From the Past Decade New Study Highlights Key Reasons to Streamline the Procure-to-Pay Process Exclusive IOMA Study Reveals T&E Processing Practices and Benchmarks How Does Your Salary Compare to Your Peers? Highlights From Key Conferences: IOMAs AP for Colleges & Universities, Advanced AP Institute, AP University Close Snippit | Read Article
Approver Signature Database;
Avoid a Customs Nightmare;
Check Those Hotel Bills;
E-Filing Mandate for Form 1099;
IRS May KO Tool Plans;
Treasury as AP Ally;
Got Enough P-Card Detail?;
Big Savings in Transit. Close Snippit | Read Article