Essentials of Accounts Payable

by Mary S. Ludwig Schaeffer

ESSENTIALS OF ACCOUNTS PAYABLE

Full of valuable tips, techniques, illustrative real-world examples, exhibits, and best practices, this handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in accounts payable.

"A real-world approach, with great insights and practical wisdom on all aspects of the accounts payable process. Essentials of Accounts Payable provides accounts payable professionals with a framework for action in a rapidly changing environment."
-Tom Nichols, Division Manager, Accounts Payable Operations, AT&T

"Mary Schaeffer has combined her considerable knowledge of the accounts payable process with the learning and benchmark statistics from top companies to produce a world-class guide to the AP process. Without Mary Schaeffer, and IOMA, AP would still be a neglected financial process without any formal reading to explain the complexities of a process that most companies think is simply paying the bills. This book is a must-read for anyone working in, directing, or managing AP operations, both seasoned professionals and those new to the process."
-Linda Sawyer Sisko, Programs Manager, Cisco Systems, Inc.

"This book does an excellent job of explaining the often complicated basics of the accounts payable functions. It provides a quick snapshot for busy executives who need to know how an accounts payable department should run. It is an excellent update for those executives who need to keep up to date on numerous issues that affect this rapidly evolving profession."
-Adrienne Glasgow, Chief Financial Officer, American Red Cross in Greater New York

The Wiley Essentials Series-because the business world is always changing...and so should you.

288 pages, Paperback

First published January 25, 2002

Reviews

[Michalis Rizos]

Useful not only for an accounts payable professional but also for the controller and CFO, given that the efficient accounts payable management leads to a more robust cash flow management and to better relationships with vendors. Some points are outdated though. For instance, modern ERP software eliminates most of the problems pertinent to double payments, if the company maintains the vendor master data according to the Tax identification number, which is unique to any vendor.

[Terrie · Rating 3 out of 5]

Hardly riveting subject matter, but a good overview of A/P which I needed for my new job. Rather out-of-date already though w.r.t. the chapters on EDI/XML/ACH etc, but that's all stuff I knew already.

[Zelda · Rating 4 out of 5]

This book helps in my field!