An Accounts Payable Game Plan: What You Don't Know About AP Can Hurt Your Bottom Line

by Mary S. Schaeffer

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Many, but not all, executives think that accounts payable simply gets bills and pays them. They do not realize that when handled incorrectly the impact to the bottom line can be significant—and not in a good way. This piece explains exactly what can go wrong if accounts payable is not handled correctly and the appropriate resources are not devoted to the process. It concludes by offering a Game Plan for those who want to run an really efficient operation.

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