At IOMA’s 5th Annual Accounts Payable Conference & Expo, Lyndell Scott, APM, discusses the use of benchmarking in her AP department at TEPPCO Partners, LP, a pipeline company in Houston. The TEPPCO AP department was the recipient of the 2006 Overall Best AP Department award, which was based on the results of IOMA’s AP benchmarking survey. The survey is the basis of a new report, AP Department Benchmarks & Analysis 2007. Lyndell also discusses key new projects she will be implementing in her AP department in the upcoming year.
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