Your organization’s accounts payable (AP) operations can have considerable impact on your overall success. This means you should follow modern business practices in order to make a mark and stay ahead.
One such practice is to pay your vendors accurately and on time. Late payments can result in a number of problems, including:
Getting a team to work together efficiently can prove a challenge, especially if the team’s task is no fun and no one wants to finish it.
An inefficient team can cause unnecessary waste, missed delivery dates, and lots of unnecessary stress.
As a CFO who knows that invoice processing is hardly a fun task, how can you get your accounts payable (AP) team to work together productively, make the best use of their resources, and deliver quality results more quickly?
