Putting the AP in hAPpy
A weekly podcast providing fraud prevention and vendor setup training to protect the vendor master file. Immediate takeaways with actionable steps you can implement today into your vendor onboarding and maintenance process to reduce fraud and regulatory fines. Great tips for the Accounts Payable and Procurement teams to clean-up their vendor data, clean-up their vendor processes so that they can pay the right vendor.
Putting the AP in hAPpy
Episode 63: Best Practices for Accounts Payable vs Accounts Receivable
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Today’s episode is based on a guest blog post by Tesorio and it talks about the differences between Accounts Payable and Accounts Receivable and the best practices to help your company manage both sides since they are both critical to business health.
Keep listening.
Check out my website www.debrarrichardson.com if you need help cleaning your vendor master file or implementing authentication techniques, internal controls and best practices to prevent fraudulent payments.
Free download: Vendor Validation Reference List with Resource Links
Links mentioned in the podcast:
- Tesorio – www.tesorio.com
- Episode 55: Digital Employees in Accounts Payable - Two Use Cases for Robotic Process Automation (RPA)
- Episode 39: SMBs – Don’t Miss This Cost Friendly, Task Driven Approach to Implement Robotics Process Automation (RPA) to Scale and Stay Competitive
- Episode 33: Have RPA Software? 8 Steps to Automate Your Manual AP Processes
- Forbes Article: Four Tips To Improve Accounts Receivable Collections
- 2018 Report: The Americas - an increase of overdue B2B receivables
- 5 Day Vendor Master File Clean-Up
- Vendor Validation Reference List with Resources Links: www.debrarrichardson.com/vendor-validation-download
- More Podcasts/Blogs www.debrarrichardson.com
- More ideas? Email me at debra@debrarrichardson.com
Music Credit: www.purple-planet.com