THE NEW ACCOUNTS PAYABLE TOOLKIT
In The New Accounts Payable Toolkit, accomplished entrepreneur,
consultant, and finance expert Christine H. Doxey delivers a unique and
powerful approach to the accounts payable process and discusses the
impact of the automation of the Procure to Pay (P2P) process. The
toolkit explores all aspects of the accounts payable process, from the
establishment of the contract and the purchase order to the supplier
validation process, invoice processing and payment, accounting, and
fiscal close.
You'll learn the key metrics and analytics needed for the accounts
payable process. This comprehensive toolkit provides the best practices,
tools, and internal controls that can help safeguard your company's cash
and other assets. You'll obtain a variety of tools to create the
foundation required for current internal controls and compliance to
ensure that suppliers are correctly validated in the supplier master
file to maintain regulatory compliance.
Avoid paying fraudulent or inaccurate invoices and avoid paying a
supplier's invoice more than once. Be certain that all supplier invoices
are properly accounted for to ensure an accurate fiscal close. Finally,
stay up to date with all current and coming trends in the accounts
payable process, including eInvoicing, ePayment, Robotic Process
Automation (RPA), Artificial Intelligence (AI), Machine Learning, and
eAccounting.
The New Accounts Payable Toolkit provides guidance for the
implementation of AP automation solutions that can streamline and
modernize your own systems and processes to take advantage of new
digital developments.
Perfect for controllers, chief financial officers, and finance managers,
The New Accounts Payable Toolkit will also earn a place in the
libraries of students and professionals who seek to better understand
the components of an optimal accounts payable.
UNCOVER A UNIQUE AND POWERFUL NEW APPROACH TO ACCOUNTS PAYABLE PROCESSES
The New Accounts Payable Toolkit offers readers a comprehensive and
timely new way of handling their accounts payable systems and processes.
You'll discover how to implement new digital technologies in every
aspect of the accounts payable process, from the establishment of the
initial contract and purchase order to the supplier validation process,
invoice processing and payment, accounting, and fiscal close.
You'll learn to validate suppliers in the master list to ensure
regulatory compliance, prevent multiple payments for a single invoice,
keep from paying fraudulent, inaccurate, or incomplete invoices, and
apply best practices to help safeguard your company's assets. You'll
also discover how to measure and record key metrics and analytics to
maintain an effective accounts payable process. Finally, you'll read
about new and upcoming trends in accounts payable, like artificial
intelligence, machine learning, and robotic process automation that you
can implement today to realize new efficiencies and savings.
Ideal for chief financial officers, finance managers, and controllers,
The New Accounts Payable Toolkit is an invaluable guide to modernizing
and optimizing your own company's accounts payable processes and
systems.
