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APNow

Author: Mary Schaeffer

Discussions about trends, insights and emerging issues impacting the accounts payable and payment functions
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Language: en

Genres: Business, Business News, Management, News

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5 AP Blunders Many Best Practice Organizations Still Make
Episode 465
Tuesday, 13 January, 2026

Let’s take a look at 5 basic Accounts Payable concepts or principles used at best practice organizations AND more importantly the Big Mistake that even best practice organizations STILL make related to these very basic processes. And sadly, these mistakes cost the organization hundreds of thousands of dollars – if not more! Link to 5 Shockers What You Should Know before Taking over Accounts Payable https://youtu.be/LxKEQPNLXEM Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1 Looking for more of the most current business intelligence about + Best practices around your payment and accounts payable function + Current and new fraud protection protocols + The newest technology impacting your accounting, accounts payable, and payment functions + Career advancement +And much more!! +++++++++++++++++++++++ See most recent videos at: https://www.youtube.com/@APNow/videos See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_ Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby This video discusses strategic AP processes and highlights critical mistakes many organizations make, emphasizing that these common errors can lead to significant financial losses for companies. We identify specific issues such as "The Sneaky Fraud Oversight," and "The Ballooning Regulatory Requirement." Focusing on the accounts payable process, this session will improve your financial management by avoiding errors prevalent in even best practice organizations.

 

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