APNow

Check Fraud: Positive Pay [Stop Losses]

Positive pay is accurately touted as the best protection against check fraud. Positive pay is a fraud prevention service offered by banks. In addition to plain positive pay, there are variants including payee name positive pay and reverse positive pay – all of which are
explained in this short piece. #positivepay #fraud #accountspayable

Depending on what your situation is, positive pay, payee name positive pay or reverse positive pay will help you protect against the criminals who persist in trying to defraud your organization by either manipulating a check you wrote or creating a completely phony one. Check fraud continues to be a huge issue and the best way to protect against it is to use positive pay. Positive pay is a product created by banks to combat horrific amounts of check
fraud thirty or more years ago. It works.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to Check Signing: Worst Practices
https://youtu.be/YYB-ZvQZ1Fo

Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

Wordle: Other Games Inspired by Wordle and How They Are Different

Wordle has inspired many other Wordle like games that mix Wordle skills with specialized knowledge – usually about some fun topics. We took a look at a few of them that I thought you might enjoy. You might learn a thing or two about yourself playing them, I know I did. Stick around until the end when I share a few tips you’ll need to play them, for there are a few Wordle nuances. #wordle #Wordlestrategy #otherwordlegames

Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.

Whether you view wordle games inspired by wordle as ripoffs or spinoffs, they rely on wordle building upon the foundation of wordle.

Link to Wordle Desperation Tactic
https://youtu.be/W09imPKrO08

Follow me on Twitter: @MarySSchaeffer for sparkling comentary to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.

Link to The Book: Wordle: The Rules, Strategy and Expert Tips
https://www.ap-now.com/snip/111.htm

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Link to the Wordle Play List of All Wordle Videos
https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys

Link to Best Starting Word Revisited
https://youtu.be/4FY28GWPddI

Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com )

Many Roles of an Accounts Payable Professional [Told with Cartoons]

Professionals who work in, manage, or have responsibility for the AP or payment function, have to handle many different tasks. The many roles of an Accounts Payable professional as told with cartoons takes a playful, but serious, look at the many hats these professionals have to wear if they want to do an even adequate, never mind outstanding job for their organizations. Continued learning is also part of that equation. We’re going to take a quick look at some of these roles using some cartoons. #accountspayable #accountspayableprocess #accountspayablerole

Those who work in, manage, or have responsibility for the Accounts Payable or payment function, have to handle many different roles. Accounts payable is responsible for invoices, payments, 1099, ACH, vendor file, expense reporting and more.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to What You Need to Know to Work in AP
https://youtu.be/UGFaUkiNPP0

Link to A Day in the Life of AP
https://youtu.be/K79TlPGjoFk

Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

B2B Payments Insights: Accounts Payable Digital Transformation

The Payment process, treasury processes and accounts payable processes are all changing rapidly. The digital transformation in accounts payable, as well as the digital transformation in accounting and the digital transformation in treasury means a huge change in the B2B payment process. That’s why the insights from the Strategic Treasurers most recent B2B Payment survey are so critical. They provide a roadmap for best practice companies looking to improve their accounts payable processes and make an accounts payable digital transformation. Make sure to stick around until the end when we share the one truly surprising metric that reveals many are focusing their accounts payable automation efforts on the wrong area.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Payment processes, treasury processes and accounts payable processes are all changing at the speed of light. It is critical that accounting, treasury and accounts payable professionals keep up with all the changes.

Link to Payments and Emerging Payment Issues playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdD-bwCXumxMB64lRKVwm2h

Link to Accounts Payable: A Day in the Life of
https://youtu.be/K79TlPGjoFk

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

Guest: Craig Jeffrey (https://strategictreasurer.com/surveys/)

Wordle: Wordle Trivia Pop Quiz

Wordle Trivia Pop Quiz! Do you know all the ins and outs of Wordle trivia? Do you know all the Wordle trivia, the fun facts regarding Wordle? We’re pretty sure we’ve got a few mysteries that will elude even the most ardent Wordle fan. Grab a piece of paper, an old envelope or whatever and a pen or pencil and join us for a fun but innovative pop quiz. There are 13 quick questions. The answers are all one or two words, so no worries about essay questions. We start with the easy ones, the ones everyone will get right. But that’s just the beginning. Stick around until the end when we have two diabolical questions for you.

Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.

Wordle trivia is lots of fun. You’ll be surprised to learn who plays Wordle and some of the other fun facts about Wordle.

The Wordle Strategy Pop Quiz
https://youtu.be/KceJsOA5iP8

Bill Gates Plays Wordle
https://youtu.be/zwgBhRhdNpw

Wordle Crash Course
https://youtu.be/c_FeIM2gj6w

Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.

Link to The Book: Wordle: The Rules, Strategy and Expert Tips
 https://www.ap-now.com/snip/111.htm

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Link to the Wordle Play List:
https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys

Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com )

What’s a 1099-K: 1099 K FAQs

There are some big new 1099k changes coming for reporting to be done in January 2023. There has been a lot of controversy around the 1099 k requirements new in 2022, so AP Now thought we’d address the basics. We’ll explain what the 1099k is and who will have to issue the 1099ks. Stick around until the end when we address the big question on everyone’s mind: Will Accounts Payable have to issue 1099-Ks this year? #1099k #accountspayable #accounting

The 1099k reporting requirements 2022 for 1099k that will be completed in early 2023 have changed. The big threshold change as well as the expansion of the program will leave many scratching their heads. This will also happen in late January and early February when the 1099ks show up in recipients mailboxes.

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to The Perfect 1099
https://youtu.be/KcqYrRVBqgs

Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

A Spooky Real-Life B2B Payment Fraud: Lessons Learned

Sadly, criminals are getting quite good at impersonating vendors. This is definitely NOT good news for companies and their accounts payable teams. Today we are going to perform an autopsy on a fraud that was ALMOST successful. We’ll show you the tiny clues the savvy accounting specialist uncovered that put her on the trail of a scam that could have cost her organization a huge amount. In uncovering the fraud at her organization, she helped crack a much larger fraud targeted at one of their suppliers. Stick around until the end when we summarize what you should look for at your organization so you don’t fall into a similar fraud trap created by conniving, savvy fraudsters now targeting accounts payable, treasury and accounting departments everywhere. #fraud #paymentfraud #accountspayable

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link to Verifying Change of Bank Account Requests: Prevent Fraud
https://youtu.be/iBJDDrh3e0k

Link to Fraud Protection Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-Hd5PdNc1YUkSe5IT77nEVHe

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

Guest: Colleen Oliphant

Wordle: Wordle Strategy Pop Quiz

Wordle Strategy Pop Quiz! Do you know all the ins and outs of Wordle strategy? Do you know everything you need to know to play Wordle like a champ, to win quickly and not make any obvious Wordle mistakes? Grab a piece of paper, an old envelope or whatever and a pen or pencil and join us for a fun but innovative pop quiz. There are 8 quick questions. The answers are all one or two words, so no worries about essay questions. And I warn you, there are some trick questions in here.

Wordle is the game that has been sweeping the Internet. With only one hand each day, players have six chances to guess the daily five-letter word. A green square indicates a correct letter in the correct spot and a yellow letter reveals a correct letter in a different spot.

Do you know all the tricks when it comes to playing Wordle. Do you know everything you need to know to win Wordle in as few rounds as possible and not make any obvious Wordle mistakes? Take this pop quiz of 8 quick questions to find out. The answers are all one or two words, so no worries about long essay questions.

Link to Wordle Blunders to Avoid (+ Strategies when stuck)
https://youtube.com/playlist?list=PLtL6rWSXZ-Hcgn7JIk3irXaBYmtdy3_3Z

Follow me on Twitter: @MarySSchaeffer for a sparkling clue to the day’s puzzle; okay, sometimes they are not so sparkling but they are the best I can come up with on the spur of the moment.

Link to The Book: Wordle: The Rules, Strategy and Expert Tips
 https://www.ap-now.com/snip/111.htm

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Link to the Wordle Play List:
https://www.youtube.com/playlist?list=PLtL6rWSXZ-HefxYm4ymJ0RSWKFC_c9Lys

Link to Best Starting Word Revisited
https://youtu.be/4FY28GWPddI

Interested in learning more about issues impacting accounts payable. Sign up for AP Now’s free ezine at: www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com )

Three-Way Match Internal Controls [Accounts Payable Process]

Three-way match internal controls should be an integral part of every organizations accounts payable process, the accounts payable invoice process. Yet, they are sometimes overlooked. In this episode we examine five very basic accounts payable controls for the three-way match, which is part of invoice processing. Make sure to stick around until the end when we discuss the one control that is sometimes overlooked – leading to duplicate invoices, duplicate payments and a lot of extra work for you accounts payable invoice
processing staff. #threewaymatch #accountspayableprocess #accountspayable

Accounts payable and accounting require the use of both accounts payable best practices and strong account payable internal controls. For many organizations, the review of expense reports and the requests for reimbursement of expenses, is handled in accounts payable. For the accounts payable process to work well, best practices for AP should be used. By their very nature, accounts payable best practices incorporate strong internal controls and avoid AP control weaknesses.

Link When the Three-Way Match Fails
https://youtu.be/Qpbepp_l8FE

Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

Job Loss after 50: What’s Next

Job loss is devastating no matter when it happens; but when you’re over 50, the outlook might seem downright bleak. But it doesn’t have to be. There’s a career change that a few savvy professionals are making at this point and you can too. No, I’m not talking about
entrepreneurship. I’m joined today by Teri Cook who found herself in this very situation a few years ago. She’s graciously agreed to share her journey – from the gut-wrenching start, through two other jobs and finally arriving at her “dream job”. Make sure to stick around until the end when she shares some tips that helped her along this journey. They just might help you as well. #startingoverafter50

Tips that will help an #accounting or #accountspayable professional make the career change based on their experience. This career change can jumpstart a stalled career and reinvigorate the professional who thinks they are finished. Nothing could be further from the truth. This is a prime example of taking what looks like an absolute disaster and turning it into a great opportunity. This episode could also be called how to change careers after 50.

Link to Networking for Introverts
https://youtu.be/48Qzh99i2gc

Link to AP Now’s Career Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HdWh9jMlKmeuvp644EEbbwL

Link to AP Now’s Invoice Series
https://youtube.com/playlist?list=PLtL6rWSXZ-HeE6BWKJaVwVMsri7UfQ4vh

Subscribe now: https://www.youtube.com/APNow?sub_confirmation=1

Learn more about AP Now at www.ap-now.com

Host: Mary Schaeffer (www.ap-now.com)

Guest: Teri Cook (https://www.linkedin.com/in/theresacatherinecook/)