The New Accounts Payable Toolkit
The New Accounts Payable Toolkit
by

A new approach to the entire accounts payable process for the digitized world

The accounts payable process can be very complex, but it doesn?t have to be. Best practices, internal controls, and automation can reduce the complexity of the process and can ensure that payments are accurately made to a valid and compliant supplier. The New Accounts… (more)

A new approach to the entire accounts payable process for the digitized world

The accounts payable process can be very complex, but it doesn?t have to be. Best practices, internal controls, and automation can reduce the complexity of the process and can ensure that payments are accurately made to a valid and compliant supplier. The New Accounts Payable Toolkit provides you with knowledge of best practices, automation, and plans for implementation, so you can bring your company's accounts payable process up to date. This toolkit focuses on the end-to-end accounts payable process, considers the linkage to the Procure to Pay (P2P) process, and describes the impact of automation.

The accounts payable process is evolving, which means that new and updated best practices are critical. To tap into the value of the accounts payable process current best practices are needed in the areas of metrics, analytics, and spend analysis. This book offers valuable best practices, along with additional online content. The toolkit will also address the current trends in the accounts payable process which include eInvoicing, ePayment, Robotic Process Automation (RPA), Artificial Intelligence (AI) & Machine Learning, and eAccounting.

This toolkit will provide the best practices, tools, and internal controls that will help to safeguard a company's cash and other assets. The tools provided will establish the foundation required for current internal controls and compliance that are needed in the accounts payable process.

 

Publisher: Wiley (April 08, 2021)

Page count: 496 pages

File size: 4 MB

Protection: DRM

Language: English

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