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.

How to Find and Eliminate Erroneous Payments (APA's Employer Practices - Winter 2000) In most companies, over 99% of all Accounts Payable transactions are handled correctly. While the number of erroneous payments is small, the average error is $1,000. Over time, the total amount of erroneous payments can become significant Although it is not practical or cost-effective to establish controls to reduce this to zero, more than half of all erroneous payments can be caught before a check is issued, eliminating an even larger percentage of errors.

Managing Your Vendor File (APA's Employer Practices - Summer 1999) It's almost impossible to keep track of your vendors, let alone how much business you're doing with them or where they are located. Mergers, acquisitions, divestitures and name changes are happening at increasingly faster rates. The amount of change is enormous. The need to manage your vendor file is clear; the benefits and how best to proceed are less obvious. This article addresses the latter - why and how to manage your vendor file.

Archives
1997 | 1998 | 1999 | 2000