News Briefs (April 2006)
April 2006
Main article
IDEAS TO BREAK INVOICE LOGJAM
While doing research for our Transforming AP Management report, we came across three good ideas to speed up the processing of invoices: 1) Have invoices sent to AP. "We have been able to cut our aging in half in the last four months using this procedure," reports an AP supervisor at an educational institution (1,000 employees); 2) Date stamp invoices. "We began to enter a ‘received by AP’ date on each…
2009
