Description
Book Synopsis: In today’s fast-paced and dynamic business environment, the only constant is change. Nowhere is this truer than in the realm of finance and accounting, and more specifically, accounts payable. Traditional processes and practices are rapidly evolving by advances in technology, automation, new and ever-innovative frauds, evolving regulations, and shifting market dynamics. One area that stands at the forefront of this evolution is the accounts payable function. As the financial heart of an organization, accounts payable plays a pivotal role in managing cash flow, vendor relationships, avoiding fraud, and financial stability.
The significance of accounts payable cannot be overstated. Tomorrow’s accounts payable department will look very different from today’s. The very basic processes are changing, invoices are no longer largely paper, payments are no longer largely being made by paper checks and sadly, fraud is evolving at a rate faster than anything else.
Table of Contents
Introduction
Chapter 1: The AP Department
Chapter 2: The Process
Chapter 3: Payments
Chapter 4: Fraud
Chapter 5: Evolving Best Practices
Chapter 6: Planning for the Future
Read more
Details
Are you struggling to keep up with the rapidly changing world of finance and accounting? Look no further than the AP Now Speed Learning Series Book, "Change in Accounts Payable". In this comprehensive guide, you'll discover how traditional processes and practices in accounts payable are shifting due to technology advancements, automation, and evolving market dynamics.
With the accounts payable function playing a crucial role in managing cash flow, vendor relationships, and financial stability, it's essential to stay up-to-date with the latest trends. This book covers a wide range of topics, including the evolution of the AP department, the changing processes, and the shift in payment methods.
One of the biggest challenges faced by accounts payable departments is fraud. As fraudsters continuously come up with new and innovative tactics, it's crucial to have the knowledge and tools to protect your organization. "Change in Accounts Payable" delves into the world of fraud, highlighting common scams and providing insights into how to avoid them.
Additionally, this book explores evolving best practices in accounts payable, offering valuable tips to streamline processes and improve efficiency. By implementing these practices, your organization will be better prepared for future changes and stay ahead of the competition.
Don't let your accounts payable department fall behind the times. Invest in the AP Now Speed Learning Series Book and equip yourself with the knowledge and strategies needed to thrive in the ever-changing world of finance and accounting.
Click here to purchase the "Change in Accounts Payable" book today and take your accounts payable department to new heights.
Discover More Best Sellers in Accounting
Shop Accounting
Accounting - Financial Shenanigans, Fourth Edition: How to Detect Accounting Gimmicks and Fraud in Financial Reports
Accounting - Order Log Book: Daily Order Log Book | Customer Order Tracker Log Book for Online Businesses and Retail Store, Order Form for Small Business or ... Edition (100 pages, size large 8.5x11 in.)
Start Late, Finish Rich: A No-Fail Plan for Achieving Financial Freedom at Any Age
Accounting - Start Late, Finish Rich: A No-Fail Plan for Achieving Financial Freedom at Any Age
Accounting - The Complete Guide to Investing in Real Estate Tax Liens & Deeds How to Earn High Rates of Return - Safely REVISED 2ND EDITION
Accounting - Small Business Taxes: The Most Complete and Updated Guide with Tips and Tax Loopholes You Need to Know to Avoid IRS Penalties and Save Money
