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The Accounts Payable Function: Are There Cracks in Your Foundation?

Mary S. Schaeffer, AP Now's Publisher & Editorial Director
Rarely do people think about the foundation for their accounts payable function. This is unfortunate, for just like a building built on swamp land, an accounts payable function without a strong foundation will not be able to support a robust accounts payment process. With all the change affecting the account payable function in recent years as well as expected change in upcoming years, a strong foundation is critical. Let’s take a look the implications of a robust underpinning as well as five issues every professional should consider when evaluating their accounts payable function.
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