MANAGEMENT: How to Upgrade Your AP Department’s Image

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Managing Accounts Payable

August 2009

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Most AP departments could do well by taking stock of their image. AP often gets the blame for other people’s mistakes, rarely gets credit for a job well done, and most of the time can’t get resources or backing from the top brass.

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August 2009 Table of Contents [ toggle snippets ]

MAP August 2009 (Full PDF Issue)
TECHNOLOGY Using Automation to Reduce Invoice Errors and Exceptions YOUR CAREER New Demands of AP Can Mean a Bright Career Future MANAGEMENT How to Upgrade Your AP Department’s Image News Briefs AP Calendar AP conferences, seminars, and specialized training AP Managers’ Forum Invoices With No PO Numbers....Too Many Checks....Consolidating Small Invoices
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MAP News Briefs (August 2009)
On the AccountsPayable360 Web site (www.accountspayable360.com), a regular mini-poll is conducted.
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MAP Future Issues (August 2009)
New Cost and Productivity Metrics for Invoice Processing
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Accounts Payable Calendar (August 2009)
IOMA/TAPN AP CERTIFICATION PROGRAM Register now for a one-day intensive AP review class to prepare for the AP Certification Exams.
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TAX COMPLIANCE: IRS Throws in the Towel Over Tough Cell Phone Rules Amid Firestorm of Protest
The Internal Revenue Service (IRS) will work with Congress to abolish the harsh recordkeeping rules for employer-provided cell phones.
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PAYMENT WITHHOLDING: Speakers Say Nix New 3 Percent Withholding Rule
Nearly every speaker at an Internal Revenue Service hearing on the new 3 percent withholding requirement urged that the law be repealed.
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P-CARDS: Metrics Reveal How Much P-Cards Streamline P2P
Companies that use corporate purchasing cards (p-cards) to streamline the procure-to-pay (P2P) process find that they really do the job.
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TECHNOLOGY: Using Automation to Reduce Invoice Errors and Exceptions
AP departments can spend a great deal of time dealing with invoice errors and exceptions.
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YOUR CAREER: New Demands of AP Can Mean a Bright Career Future
Not many people would disagree with the statement that the AP function is undergoing radical changes. While this causes some discomfort for those involved, it also offers tremendous opportunities for those who decide to take advantage. Therefore, the future for today’s AP professionals is whatever they choose to make of it. Click on the article title above to read the full story.
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MANAGEMENT: How to Upgrade Your AP Department�s Image
Most AP departments could do well by taking stock of their image. AP often gets the blame for other people’s mistakes, rarely gets credit for a job well done, and most of the time can’t get resources or backing from the top brass.
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Accounts Payable Managers' Forum (August 2009)
INVOICES WITH NO PO NUMBERS Problem: The AP department at a manufacturing company (four full-time employees in AP) spent too much time investigating invoices that arrived without a purchase order number.
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