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Accounting/Accounts Payable: Preparing for A Job Interview

Spending a few minutes preparing for an interview can make a BIG difference, the difference between getting that coveted job – and NOT! We’re talking about spending 10-15 minutes sitting quietly going over various bits of information so you are prepared for whatever the interviewer might throw at you. What’s more, this will help calm you down if job interviews – be they for an internal promotion or a job with a brand new company – tend to make your nervous. I’ve got 5 simple steps to help you with this quick review and they should only take 10 or 15 minutes. Make sure you stick around until the end when we discuss the one stupidly-simple area that trips up many – and once you’ve fallen off that boat, it’s really difficult to recover and have a positive outcome. #accountspayable #accounting #jobinterview

Link to Never Say This on A Job Interview https://youtu.be/zWnVk0Dxku4

Link to Playlist of Videos to Help You with your AP/Accounting Job Interview https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcTqTnJnnUXwLCqs8XNIO6f

Preparing for an accounting ap job interview includes LAST-MINUTE INTERVIEW PREP! How To Prepare For An Interview In Under 10 Minutes! Is a critical skill when preparing for an Accounting/AP Job Interview. This could also be called The 15-minute difference as 10-15 minutes can make all the difference when interviewing. 10 Minutes to AP/Accounting Interview Excellence: AP/Accounting Insights is critical.

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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

Other

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Website: https://www.ap-now.com/

Linkedin AP Now: https://www.linkedin.com/company/ap-now/

Twitter: https://twitter.com/Accountspayable

More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable

Facebook: https://www.facebook.com/AccPayNow

Difference between Purchase Order and Invoice Accounts Payable

Do you know the difference between a purchase order number and invoice number and what each are used for? Purchase order numbers and invoice numbers are two numbers used for several different functions in the procure-to-pay and accounts payable space. It is critical that everyone involved in these functions understand the basic different between a purchase order (and the purchase order number) and an invoice (and the corresponding invoice number). Sadly, not everyone does. These critical determinants are key to effective and efficient processing. Purchase orders without PO numbers and invoices without invoice numbers are not acceptable. You need both. Make sure you stick around until the end when we share one invoice number dilemma many are not even aware exists! #purchaseorder #invoice #accountspayable

Link to When the Invoice Number Changes [Avoiding Duplicate Payments] https://youtu.be/dCzcBGm-2FY

Link to Invoices without Purchase Order Numbers: They Can Be Eliminated https://youtu.be/zpNocghaDhQ

Link to What Is a Purchase Order and How Does It Work? https://youtu.be/rnZD3qJOzoA

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+ Current and new fraud protection protocols

+ The newest technology impacting your accounting, accounts payable, and payment functions

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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

Other

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Website: https://www.ap-now.com/

Linkedin AP Now: https://www.linkedin.com/company/ap-now/

Twitter: https://twitter.com/Accountspayable

More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable

Facebook: https://www.facebook.com/AccPayNow

 

Weak Accounts Payable Practices Everyone Still Uses

While most organizations like to think they are best practice when it comes to their accounts payable operations, the reality is something starkly different. At best, most use about half of the recommended best practices and the rest use even less. I’ve identified a handful of really weak and ineffective practices still in use at virtually every organization. We’ll discuss why and how they hurt as well as what you should be doing instead. Make sure you stick around until the end when we discuss one practice that only recently slide on to the worst practice list (thanks to a new fraud) and I’ll tell you what to do instead. #accountspayable #accountspayablebestpractices #accountspayableprocess

Worst accounts payable practices that everyone should avoid and what to do instead. This could also be called Common AP Worst Paper Practices: Told Through Cartoons.

Link to Check Washing Fraud Scam https://youtu.be/iX8oS5qggDg

Link to Invoices without Purchase Order Numbers: They Can Be Eliminated https://youtu.be/zpNocghaDhQ

Looking for more of the most current business intelligence about

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+ Current and new fraud protection protocols

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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

Other

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Website: https://www.ap-now.com/

Linkedin AP Now: https://www.linkedin.com/company/ap-now/

Twitter: https://twitter.com/Accountspayable

More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable

Facebook: https://www.facebook.com/AccPayNow

The Parts of an Invoice [Accounts Payable]

A good invoice gets a good payment is the mantra of many best practice accounts payable departments. But what makes up a good invoice? Does leaving off one little piece of information make it a bad invoice? Will bad invoices not be paid? Today we’ll review the necessary parts of an invoice. Leaving any of this information off may result in your invoice not being paid – or payment being delayed. Make sure you stick around until the end when we discuss one piece of information often left off, to the detriment of the seller. #invoice #accountspayable #accountspayableprocess

Link to Life of An Invoice [Stages] https://youtu.be/ihuVZO88khg

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Accounts Payable Jargon Every Finance and Accounting Professional Should Know

Did you ever have a conversation with someone where you each thought you knew what the other was talking about – and then it turned out you were talking about two different things – or worse, you each went away thinking you had agreed to something – but you had two very different ideas what that was? Welcome to the world of accounts payable where things are changing quickly – and our vocabulary isn’t always keeping up. Today we’re going to try and give you the information you need so that doesn’t happen on your watch. Make sure you stick around until the end when we discuss one area that has fooled more than a few knowledgeable professionals. #accountspayable #accounting #jargon

Link 3 Automation Mistakes https://youtu.be/IlSK-BG5Xfw

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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

Other

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Website: https://www.ap-now.com/

Linkedin AP Now: https://www.linkedin.com/company/ap-now/

Twitter: https://twitter.com/Accountspayable

More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable

Facebook: https://www.facebook.com/AccPayNow

Life of an Invoice [Accounts Payable]

Think invoices are just mundane pieces of paper or electronic documents? Ever wonder what happens when that invoice hits the accounts payable department? Probably not. But we’re here to share that it’s a lot more complicated than you might imagine. And get it wrong or try and skip one of these steps – and you could end up with non-payment and credit hold, duplicate payments or worse, fraud. That’s right fraud. Stick around for the secret life of an invoice, your company can’t afford for you to get it wrong. It’s absolutely horrifying. #invoice #accountspayable #accounting

Link to Invoice Processing Tips https://youtu.be/RC3oIYDBgtU

What you need to know about invoices Invoices

What you need to know

Everything you need to know about the Invoice. In this episode you'll learn what an Invoice is, why it's important and what's typical invoice format. Invoicing is an essential part of any business whether you're working for yourself or for a corporation. If you want to get paid you've got to know what an Invoice is and how to use it.

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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

Other

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Website: https://www.ap-now.com/

Linkedin AP Now: https://www.linkedin.com/company/ap-now/

Twitter: https://twitter.com/Accountspayable

More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable

Facebook: https://www.facebook.com/AccPayNow

Cut Cost in Accounts Payable

Are you ready to revolutionize your accounts payable department's efficiency? Discover how to reclaim more than 25 hours of valuable time with proven strategies that go beyond automation. Join Mary Schaeffer, the visionary founder of AP Now, as she unveils a series of actionable tactics aimed at streamlining your accounts payable processes and driving cost savings. In this insightful talk, Mary uncovers the hidden inefficiencies that might be holding your AP team back. From oddball tasks that have crept into your workflow to allocating resources effectively, you'll gain insights into identifying and eliminating roadblocks that drain time and resources. Mary shares how a seemingly harmless act of goodwill by a boss led to an avalanche of non-value adding tasks being dumped onto the AP team, illustrating the importance of strategic task allocation.

Link to How Not to Make Mistakes in Accounts Payable https://youtu.be/sTftdsXsVbM&list=PLtL6rWSXZ-HdI07dhxDjdq0XbA8owsVz7

Link Paper Checks: More Expensive than You May Realize https://youtu.be/cl3v7yDh8vA

Link Accounts Payable Best Practices No More Paper https://youtu.be/79IQQLYEGJY

Link to Vendor Credits: Why They May Be Disappearing https://youtu.be/Kog6wm8lr_k

But the journey doesn't end there. Dive into the world of payments, where paper checks have long reigned as an inefficient monarch. Discover how to challenge this status quo by transitioning to electronic payment methods such as ACH and p-cards. With every payment optimized, you'll free up more time for tasks that truly matter. Mary doesn't stop at payment methods. She advocates for an environmentally conscious approach by urging suppliers to embrace digital invoicing. Witness the transformation as paper is replaced by streamlined electronic workflows, ensuring both efficiency and sustainability. In the pursuit of efficiency, Mary introduces the power of dual screens for your AP team. Investing just a few dollars in this upgrade can yield substantial dividends in terms of productivity and morale. Uncover the ripple effect of increased screen real estate and witness how it can lead to a significant reduction in paper usage. Vendor credits can be a hidden treasure trove of cost savings, yet many organizations overlook them. Mary sheds light on the importance of requesting vendor statements and conducting regular audits to ensure that your organization collects every penny it's owed. The talk concludes with a reflection on the inevitability of mistakes in the business world.

Mary guides you through the process of addressing errors, investigating their root causes, and implementing process adjustments to prevent recurrence. Learn from these experiences to refine your AP function and drive continuous improvement. Join us in this insightful journey toward transforming your accounts payable function. From practical strategies to real-world examples, Mary Schaeffer equips you with the tools to reshape your processes, reclaim lost hours, and pave the way for a more efficient and productive future. Don't miss out on this opportunity to enhance your AP processes and propel your team toward success. Hit that play button, subscribe for more enlightening content, and share your thoughts in the comments section below. Together, we'll revolutionize accounts payable efficiency and drive impactful change.

00:00 Introduction 01:19 Tactic 1 Eliminating Non-AP Tasks

02:33 Tactic 2: Eliminating non-value add Tasks

03:56 Tactic 3: Eliminating the King of AP Inefficiency

04:41 Tactic 4: AP - A Magnet for Paper

05:30 Tactic 5: The Inexpensive Fix that Pays back

06:40 Tactic 6: Uncovering Hidden Vendor Credits

08:06 Tactic 7:

 Looking for more of the most current business intelligence about

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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

Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby

Other

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Website: https://www.ap-now.com/

Linkedin AP Now: https://www.linkedin.com/company/ap-now/

Twitter: https://twitter.com/Accountspayable

More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable

Facebook: https://www.facebook.com/AccPayNow

Accounts Payable Tutorial for Beginners

The accounts payable process has more moving parts than many accounting and finance professionals realize. It involves a lot more than simply getting a bill and paying a bill. That’s precisely the reason I created this intensive session, which is based by the way, on part of my just published book, Fundamentals of Accounts Payable.

Whether you're an experienced accounting or accounts payable professional looking to review the basics, a new graduate hoping to land a job in accounts payable, a seasoned accounting or finance professional looking to sharpen your financial acumen, or a bottom-line focused entrepreneur, you've come to the right place. Make sure you stick around until the end when we discuss several issues that many don’t even realize is part of the accounts payable process. #accountspayable #accountspayableprocess #accountspayablebestpractices

Link to Eliminating Duplicate Invoices Best Practices for Accounts Payable Management https://youtu.be/P6n-3gDqAs0

Link to Vendor Credits: Why They May Be Disappearing and How to Stop It https://youtu.be/Kog6wm8lr_k

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!!

Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1

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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

Other

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Website: https://www.ap-now.com/

Linkedin AP Now: https://www.linkedin.com/company/ap-now/

Twitter: https://twitter.com/Accountspayable

More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable

Facebook: https://www.facebook.com/AccPayNow

NEVER Use These 3 Common Check Practices [Payments in Accounts Payable]

Paper checks are expensive, inefficient, fraud magnets and require a lot of manual processing. Making the matter even more dangerous is the fact that many organizations use common practices when issuing checks that make them more vulnerable to fraud – and they don’t even realize it. We’re going to look at three very common mistakes, including one in use at virtually every organization. Make sure you stick around until the end when we discuss some simple strategies you can use so you don’t endanger your organization’s finances. #payments #accountspayable #accountspayableprocess

If you want to uncover the problems associated with paper checks, this is the video for you. The problems appear in the most innocuous of processes, proving once again, that there are some really smart criminals.

Link to Slash Costs, Boost Productivity by Reducing Paper Checks https://youtu.be/xeRuLLM63OM

Link to 5 Really Bad Check Signing Practices https://youtu.be/YYB-ZvQZ1Fo

Not NEVER Use These 3 Common Check Practices [Payments in Accounts Payable], but How Paper Checks Can Expose You to Fraud and Theft, but Why do Americans still use paper checks?

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

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+And much more!!

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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

Other

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Website: https://www.ap-now.com/ Linkedin AP Now: https://www.linkedin.com/company/ap-now/ Twitter: https://twitter.com/Accountspayable

More about Mary Schaeffer:
https://www.linkedin.com/in/accountspayable

Facebook: https://www.facebook.com/AccPayNow

How to Find Mistakes in Accounts Payable

re you tired of mistakes in your accounts payable process? Are you determined to find the potential hot spots where errors might occur so you can root them about before they can create havoc in your financials. I've got a strategy that can help and put you and your team on the road to success in your accounts payable operations. This is the ultimate guide everyone needs to ensure they stop as many errors as is humanly (and technologically) possible. Make sure you stick around until the end when we discuss one tactic that everyone should use but surprisingly many don’t. #accountspayable #accountspayableprocess #accounting

The Accounts Payable Mistake Prevention Strategy is something every accounting professional can implement.

Link Why Your Vendor Credits Are Disappearing and How to Stop https://youtu.be/Kog6wm8lr_k&list=PLtL6rWSXZ-HdI07dhxDjdq0XbA8owsVz7

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!!

Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1

+++++++++++++++++++++++

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

Other

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Website: https://www.ap-now.com/

Linkedin AP Now: https://www.linkedin.com/company/ap-now/

Twitter: https://twitter.com/Accountspayable

More about Mary Schaeffer: https://www.linkedin.com/in/accountspayable

Facebook: https://www.facebook.com/AccPayNow