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Following are some articles of interest to Accounts Payable and Purchasing professionals. If you know of other articles that your colleagues might be interested in, drop us a note and we'll include it on our list.
"Electronic Billing: Postage Due" (InformationWeek, November 30, 1998) "InformationWeek Labs and Doculabs take a critical, hands-on look at today’s E-billing technology and outsourcing solutions – and find a few real solutions among the vaporware." "Are Your A/R Policies Leaving You Ripe For the Picking? Then Kick Away the Ladder!" (Credit Today, December 1998) A comprehensive article on Payment Timing Optimization from the perspective of your vendors. "Selecting a Vendor Payment Recovery Service" (Disburse, Fourth Quarter 1998) A reprint from our Spring 1997 A/P RECAP newsletter. "Not all payment recovery (or post-payment audit) firms are created equal. Here are ten questions that you should ask any firm you are considering for payment recovery services." "The Y2K Issue, for better or for worse - Letter to the Editor by Jon Casher, Chairman, RECAP, Inc." (Business Week, January 11, 1999) Identifies some Y2K issues that have been overlooked by organizations who are switching to year 2000-compliant software. Books Accounts Payable: A Guide to Running an Effective Department By Mary Ludwig, Editor of IOMA’s Managing Accounts Payable newsletter. Published by John Wiley. The first book on Accounts Payable in over 20 years! This book can be ordered at Amazon.com. The book's author, Mary Ludwig, is one of the featured speakers at RECAP’s Annual Enhancing Accounts Payable Operation Conference. Articles IBM Seeks The Solution Within Electronic Billing: Postage Due (CFO, January 1999) "The computer giant deploys its core technical expertise on its own internal systems to win the 1998 REACH awards for employee and vendor processing." How to Establish a Vendor Naming Convention to Avoid Duplicate Payments (Managing Accounts Payable, February 1999) "To help subscribers establish vendor naming guidelines at their own organizations. Managing Accounts Payable has obtained this sample naming policy from RECAP, Inc." Best of Breed - More Power to the People (Business Finance, February 1999) "Employee self-service suites that streamline a variety of processes, including travel and expense reporting and procurement, can save companies money while making workers more happy and productive." Bad TINs from Vendors mean more headaches for you (Keep Up To Date on Accounts Payable, February 12, 1999) "Here's what to do when IRS returns 1099s" Blanket Purchase Orders: Answer to A/P Managers' Prayers or a Nightmare? (Managing Accounts Payable, February 1999) "When it comes to blanket purchase orders, accounts payable professionals either love them or hate them." Accounting Software Sourcebook (Business Finance Magazine Feburary 1999) "This research was conducted among Business Finance readers to determine three things: top-of-mind awareness of accounting software; the purchase history subscribers have with those accounting software providers; and the preference Business Finance subscribers have for those providers. " A/P Survival Tips for Each Stage of a Merger or Acquisition (Managing Accounts Payable, April 1999) "Accounts payable professionals are often insulated from the trials and tribulations of the rest of the company. When their companies are involved in a merger or acquisition, however, they can no longer continue with their own routine." Bankers Trust Admits It Misused Money Unclaimed by Customers (New York Times, March 12, 1999) In addition to having to repay $19.1 million to customers, Bankers Trust agreed to pay a $60 million fine to the Federal Government and $3.5 million to New York State. Two days earlier, at RECAP’s Third Annual Enhancing Accounts Payable Operations Conference, Bob Metzger spoke about abandoned and unclaimed property and how many firms are not in compliance. He also discussed the steps that should be taken to comply with regulations and how to avoid penalties and interest. Leaning on Suppliers, Rite Aid Deducts Cash At Bill-Paying Time (The Wall Street Journal, March 31, 1999) Describes some of the practices of retailers taking questionable deductions. Many of these practices are the result of using A/P auditors who do not adhere to the practices of firms like RECAP. Before employing any payment recovery firm, you should ask them these 10 questions. Are You Still Saving More Paper Than the IRS Requires? (Managing Accounts Payable, April 1999) "Most accounts payable professionals can’t wait to throw out every single piece of paper they don’t need. There is just one problem with that: The IRS. Unfortunately, many companies are unaware of IRS’ regulations and end up saving too much paper. The introduction of imaging systems at many companies makes the issue even more confusing. To help our subscribers wit this issue; Managing Accounts Payable presents a synopsis of the current regulations based on information supplied by RECAP, Inc." Buyer's Guide: Accounting Software – Part 1 (CFO, February 1999) "Vendors in the high-end accounting software arena have learned what 1980s vendors know: vertical markets are profitable. And as they target specific industry niches, they're also expanding their product footprints with new functionality." Buyer's Guide: Accounting Software – Part 2 (CFO,March 1999) "Midrange accounting systems are adding high-end functionality, like ERP and E-commerce, while keeping their midrange prices." Buyer's Guide - BackOffice Accounting Software Supplement (Business Finance, April 1999) "This comprehensive buyer's guide represents the vendors and products that make up Microsoft's BackOffice accounting universe. Special sections provide valuable information on using new technologies, evaluating storefronts and an overview of available BackOffice accounting software features and functions." |
