Accounts payable (AP) is one of the critical path items for any company. Accomplishing timely vendor payments while managing cash flow and maintaining critical accounting controls is a vital part of ...

An invoice comes into the mailroom and is sent over to the AP department. The AP clerk finds the matching purchase order and packing slip (often a feat in itself), and since it’s over $10,000, she ...

An efficient accounts payable (AP) process is a necessity for any business as it ensures that vendors and suppliers are paid on time and reduces waste by eliminating late fees and duplicate payments.