APNow

Master Vendor File Cleanup: Timing

Whether you refer to it as master vendor file, vendor master file, or supplier file, it’s all the same. It needs to be cleansed periodically. How frequently you do that cleansing will depend on whether you view the process as a special project or part of your regular accounts payable process. Stick around until the end when we explain which approach is better – and why. #mastervendorfile #vendormasterfile #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 Master Vendor File Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HeZHaYupptiu7ZBqniRaj2J

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)

Per Diem Meaning

Per diem, what are a per diems, how do you pronounce per diem, and what is a per diem in the workplace are common searches throughout the year. People also want to know if companies have to offer per diems and why companies offer per diems in the first place. In this fast-paced episode we are going to try and answer all these questions. Stick around until the end when we address the question of why companies might want to use per diems. The explanation might surprise you. #perdiem #expensereport #accountspayable

Per diems are commonly used in the workplace as part of company’s expense reporting process. Employees either love them or hate them, it seems there’s no middle ground. That being said, should an organization choose to use per diems, it is important that they take into consideration IRS rules.

Expense reporting is frequently part of the accounts payable process. 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 Expense Reporting Habits (Questionable) [+ Best Practices to Thwart Them]
https://youtu.be/h2QtD4X0NFk

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 Silly Secret Trick to Win Quicker

I stumbled across a silly trick that actually helps me solve Wordle puzzles faster. In this video, I share this simple Wordle strategy, a wordle visualization tactic, can implement and it will help you visualize the right answer faster. I’ve been using this little trick to help me solve Wordle puzzles faster. It revolves around the letter X – which let’s be honest, when it comes to Wordle is almost useless. #wordle #wordlestrategy #winwordle

As regular Wordle players know, having a strong Wordle strategy is critical to achieving success at the game. Solving the puzzle each day can take 2 minutes or two hours – depending on the difficulty of the solution, your starting word, your willingness to sit with the game and a little bit of luck.

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. Since there’s only one hand revealed each day, there is some pressure to get it right and to solve it each day.

A Novel Approach to Fraud: How They Get Your Personal Info (timeshares)
https://youtu.be/CVxhYPOENKQ

Link to the Zelle Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-HfUUlK4BpKlaQSFWAXb8nMQ

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

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 )

A Novel Approach to Fraud

There’s no depth criminals won’t sink to in their attempts to get their hands on personal and banking information they can further exploit. Our colleague, Lynn Larson, has uncovered a yet another one – and it has not been widely publicized. Make sure you stick around until the end when Lynn shares tips on how You can protect yourself against this type of fraud. #fraud #scams #identitytheft

We want to share this story, even though it does not strictly have B2B implications, because we want to make sure none of our listeners, their families or their friends fall for this fraud. What’s more, it demonstrates, once again, just how innovative some criminals are in finding cracks in a process, weaknesses in vulnerability and then taking full advantage.

Protecting personal information is important and criminals are getting very crafty about how the go about getting their hands on your personal data. Everyone needs to be alert all the time. If something seems to good to be true, as it does in this example, be very, very suspicious.

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 Zelle Fraud
https://youtu.be/L02mUitjsKc

Fraud Protection: Payment and Other Types of Fraud Playlist
https://youtube.com/playlist?list=PLtL6rWSXZ-Hd5PdNc1YUkSe5IT77nEVHe

Link to Can You Spot the Phony Email Address
https://youtu.be/8IkeqkkQ2Do

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: Lynn Larson (www.recharged-education.com)

Pay Transparency: How Much Do AP Managers Make?

Do you ever wonder if you are being paid a market rate? Do you wonder if others in your industry or town are earning a lot more? Pay transparency or salary transparency is suddenly a huge issue. State laws are changing every day – and the rules vary from state to
state. Companies are being forced to reveal pay ranges for new hires as well as the ranges for existing positions. What’s more, in many states it is illegal to ask someone about their current salary during a job interview. In this episode we’ll discuss pay transparency, as well as reveal the salaries for AP managers. Make sure to stick around when we share how you can find the salary for any professional in your city, as well as the salary range. #paytransparency #salary

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 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)

Wordle: How to Win in Fewer Rounds [Anyone can use these strategies]

Does it seem to you that your friends and family always solve Wordle in fewer rounds than you do? Or are you just tired of those 5s and 6s and would like to see some 2s and 3s … or even 4s? In this episode we’ll share 5 weirdly simple things you can do to help you win faster … and to be honest, anyone can use these tactics. Stick around until the end when I share the 1 strategy that is guaranteed to help you win faster. #wordle #wordlestrategy #winwordle

Looking to start winning your Wordle rounds in fewer rounds. This broadcast will help – and the strategies are things anyone can use. Wordle is fun but it also helps us expand or exercise our mind. So, why not get the most out of it?

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.

Link to Wordle: The 7 Levels of Difficulty
https://youtu.be/73ZOFuOTcxs

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

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 )

Accounts Payable Process: Days Payable Outstanding

Days payable outstanding, referred to as DPO is an accounting term that reflects how long a company takes to pay its bills. It is calculated from figures on the financial statements. In this episode we’ll look at how to calculate days payable outstanding as well as how to increase or decrease DPO. Make sure to stick around until the end, when we explain how one tactic you might use in another area of AP, that might impact your DPO – and it might not be in line with management’s objectives for the days payable outstanding figure. #accountspayable #DPO #dayspayableoutstanding

The accounts payable process impacts the calculation of days payable outstanding. DPO is sometimes referred to as accounts payable turnover, payables turnover, payable turnover, or the payable turnover ratio. That’s why some ask what is DPO or what is days payable outstanding. In this episode days payable outstanding is explained, as is how to calculate DPO, that is how to calculate days payable outstanding.

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 Early Payment Discounts and how to earn more of them
https://youtu.be/kTq9Ah56M4Q

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)

Early Payment Discounts Explained

Early payment discounts are exactly what they claim to be: a discount for paying early. In this episode take a look at the nitty gritty of how early payment discounts work, how it is written and what the financial implications are. Make sure to stick around until the end when we share some strategies for getting more discounts than you are currently receiving. #earlypaydiscount #earlypaymentdiscount #accountspayable

Early payment discounts are part of the invoice and as such should be picked up as part of the invoice processing function. Thus, it is important that everyone in accounts payable and accounting understand what early payment discounts are and how to recognize early payment discounts.

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.

Early payment discounts are a critical part of any cash management program. It is important that the entire accounts payable, accounting and treasury team understand how early pay discounts work and the financial implications of early payment discounts. Finding strategies for getting more early discounts than you are currently receiving is a good cash management approach.

Link to 3 Quick Ways to Find Cash Hidden in Accounts Payable Processes
https://youtu.be/fnpegmMJAE0

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)

How to Build Your Professional Network

We’ve got a really easy networking plan that anyone can use to build their own professional network. It’s mind-blowingly simple and anyone can execute it from the comfort of their own home or office. If you think building a professional network sounds like something other people do, people who have big high-flying careers, people who make a lot of money – not something that the average manager or supervisor does, you would be 100% wrong.
If you think networking is complicated and gut wrenching because you have to talk to people you don’t know, again, you are 100% wrong. #networking #buildinganetwork #accountspayable

Stick around while I show you how and I guarantee that anyone - including you – can take the first few steps without breaking a sweat! Follow these steps and you’ll become well known in your industry and before you know it, people will seek you out and you won’t have to worry about networking, it will become second nature.

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.

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)

Link to Taking Your Career to the Next Level: Career Success
https://youtu.be/kGYPCSUNnb8

Wordle The Quirky Situations that Drive Me up the Wall

Wordle is the really fun online game that entertains and sometimes aggravates the legions of fans who are devoted to it. Quirky Wordle situations that make it challenging for regular #wordle players to solve the daily puzzle are also what makes #Wordle so much fun to play. In this episode we examine 5 such quirky wordle situations. #wordle #quirkywordle #wordle strategy 

Quirky Wordle Situations that Drive Me up the Wall identifies those oddball Wordle situations that many Wordle fans forget about when they go to solve the daily wordle puzzle. They are not part of the general Wordle strategy that is used by the masses of fans who play the game on a regular basis. Of course, once they are stumped many to eventually back into the Wordle solution only to realize that once again, they’ve run into the quirky wordle situation. Wordle quirks are part of what makes the game so much fun to play. You never know what you are going to encounter when you open up the daily wordle puzzle.

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.

Link to Wordle Aggravation
https://youtu.be/VjESDDYKu3k

Link to Wordle tips from Everyday Players
https://youtu.be/Q6sjOQ7U8qc

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

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 )