Book Overview
Both the business world and more specifically, the accounts payable function are going through a massive upheaval. These changes, if not recognized and dealt with appropriately and in a timely manner can have a huge negative impact on any organization's bottom line. Technology has definitely played its part, but there are other not-so-readily recognizable factors that come into play. If not addressed fraud becomes easier to perpetrate, expenses to run the operations skyrocket and there can be trouble with the regulatory authorities. In this groundbreaking work, industry expert Mary Schaeffer takes a deep dive into the developing issues impacting the accounts payable function of every company. This book is a must-read not only for the professionals who work in or manage the accounts payable function, but the controllers, auditors, CFOs, and other professionals involved with the payment process. The issues evaluated in this book are critical to those who want to run a cost-effective, efficient, fraud-resistant accounts payable function. And for a very good reason, after all, It's All about Your Bottom Line
