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Discussions about trends, insights and emerging issues impacting the accounts payable function

Discussions about trends, insights and emerging issues impacting the accounts payable function
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Location:

United States

Description:

Discussions about trends, insights and emerging issues impacting the accounts payable function

Language:

English


Episodes

AP Now Episode 14: Mary Schaeffer on Fun Ways to Improve Morale—without Spending a Fortune

7/3/2019
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In this episode, Mary Schaeffer, founder of AP Now and host of this podcast, addresses a lighter topic in honor of Independence Day in the US, the day when this episode was released. In it she addresses the issue of improving employee morale. The tactics discussed would work not only in accounts payable departments and other areas of the accounting and finance functions but throughout the company. What’s more, she has decided to narrow the topic to discuss only those tactics that either...

Duration:00:13:28

AP Now Episode 13: Mary Schaeffer with Matt Skudera on Vendor/Customer Collusion

6/27/2019
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In this episode of the AP Now podcast, Matt Skudera joins host Mary Schaeffer to discuss collusion, the difficulty of uncovering it and how organizations can both prevent it from happening and detect it once it has. Skudera, who recently joined the Credit Research Foundation after a 25-year career in shared services in retail, is now the CRF’s VP in charge of Research and Education. He came on the podcast to discuss the ugly issue of collusion between a supplier and a customer for the...

Duration:00:22:52

AP Now Episode 12: Mary Schaeffer with Bill Jelen (MrExcel) Over-looked Excel Features

6/20/2019
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In this episode Bill Jelen (Mr. Excel) joins Mary Schaeffer for an episode that is both entertaining and educational. Jelen includes many behind-the-scenes anecdotes related to the creation of certain Excel features. The begins with a humorous tale of how Bill got started on the road to becoming Mr. Excel. It started when his boss bought an expensive piece of reporting software (for $100,000) that didn’t work. And, so Bill downloaded the information from the ERP system using the expensive...

Duration:00:33:38

AP Now Episode 11: Mary Schaeffer with Lynn Larson on the Lack of Company Card Usage for Business Travel

6/13/2019
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In this 11 episode, AP Now’s Mary Schaeffer interviews Recharged Education’s Lynn Larson about the lack of a mandate to use a company card for business travel at so many organizations. The program begins with a sharing of some statistics from a survey conducted by AP Now, where Larson served as the lead researcher. The survey, almost three years old showed that almost half of all companies allow employees to use their own cards, even though the company provides a corporate card. Larson also...

Duration:00:20:06

AP Now Episode 10: Mary Schaeffer on Authorized Push Payment Fraud

6/6/2019
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In this episode entitled AP Now’s, Mary Schaeffer explains how Authorized Push Payment Fraud works. She begins by explaining the genesis of the fraud and then provides several different examples, as well as a quick overview of recently-passed legislation in the UK that protects victims of this type of fraud if they meet expected standards. Schaeffer explains how important it is that the general public understand that many crooks are quite smart and understand banking and the Internet quite...

Duration:00:36:03

AP Now Episode 9: Mary Schaeffer on the AP Metric that Stinks, Why and What to Use Instead

5/30/2019
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In this episode entitled The Accounts Payable Metric that Stinks, Why and What to Use Instead, AP Now’s Mary Schaeffer eviscerates this popular metric. She begins by explaining why folks spend the time to create metrics and how they are used. Then she reveals the metric she despises, the cost to process an invoice. Schaeffer then exposes the flaws in this metric, given how it is used. She shares two real-life stories that shed the spotlight on just how fragile and unrealistic reported cost...

Duration:00:21:03

AP Now Episode 8: Mary Schaeffer with Ellen Leith on 5 Big Issues Impacting P2P

5/23/2019
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In this episode on the AP Now podcast, Mary Schaeffer is joined by Ellen Leith, founder of the Purchase to Pay Network. Ellen joins us from the UK to discuss the five biggest trends impacting the purchase-to-pay function, or as we call it on this side of the pond, the procure-to-pay function. While many of the issues are the same on both sides of the ocean, it is fascinating to hear Ellen’s take on them. She begins by describing how she identified a gap in the marketplace when it came to...

Duration:01:02:12

AP Now Episode 7: Mary Schaeffer on the Evolving Nature of the AP Function

5/16/2019
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In this episode, AP Now’s Mary Schaeffer evaluates the rapidly evolving nature of the accounts payable function. She bases her views on two polls conducted by AP Now and shares insights from two colleagues, as well. She compares how the AP function was viewed negatively in many organizations 20 years ago with the more positive light it is seen in today. She shares that the image of the accounts payable department has improved in the last few years at over two-thirds of the organizations...

Duration:00:13:57

AP Now Episode 6: Mary Schaeffer with Eyal Feldman on The Impact of AI on AP

5/9/2019
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Artificial intelligence (AI) and its impact on the accounts payable function is an issue causing concern among the accounting and accounts payable community. But that shouldn’t be the case asserts Stampli’s, Eyal Feldman. In this episode of the AP Now podcast, he Mary Schaeffer to clarify this point of view. He begins by explaining exactly what he means by artificial intelligence and machine learning … that is the machine doing the learning … not online learning facilities for professionals...

Duration:00:20:37

AP Now Episode 5: Mary Schaeffer and Debra Richardson on Authentication of Master Vendor File Data

5/2/2019
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In this episode on the AP Now podcast, Mary Schaeffer is joined by Debra R Richardson, an expert on master vendor file issues. They discuss the growing importance of authenticating all information going into the master vendor file as well as any changes made to existing data. Richardson explains how many organizations might think they are strictly domestic but in actually they have global vendors. Because of the explosion of all different types of fraud (both payment and data) it is...

Duration:00:17:01

AP Now Episode 4: Mary Schaeffer on Boss Impersonation and Gift Cards

4/25/2019
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Boss impersonation fraud is the newest type of payment fraud to hit the business world. In this episode, AP Now’s Mary Schaeffer explains exactly how this fraud works and then shares advice from the FBI on how to protect your organization against it. This fraud targets any employee although to date the bulk of the targets are in accounting and HR. It is a variation of Business Email Compromise (BEC) fraud. With this fraud, the crook impersonates the boss and sends either an email or text to...

Duration:00:08:14

AP Now Episode 3: Mary Schaeffer with Eyal Feldman on Fixing Accounts Payable’s Broken Communication Channels

4/18/2019
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This episode focuses on two-lost invoices that almost led to Eyal Feldman losing his job. He joins AP Now’s host, Mary Schaeffer to describe the event and discuss the lessons learned from that episode and how he used those lessons to build Stampli’s AP bot, Billy. While many listeners will empathize with the story, few will have had the heart-stopping experience of nearly losing one of their organization’s largest clients due to lost invoices. In this episode, Eyal describes how surprised...

Duration:00:43:35

AP Now Episode 2: Mary Schaeffer with Lynn Larson on the Pending Release of Apple Credit Cards

4/11/2019
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The announcement of a new Apple card has garnered quite a bit of interest in the payments and accounts payable communities. The fact that it can reside on your iPhone, and only an iPhone, as well as the Titanium material of the physical card is garnering a lot of attention. In this episode, AP Now’s Mary Schaeffer interviews Recharged Education’s Lynn Larson about this exciting new development. The product has many interesting features and we were wondering what, if any, impact it would have...

Duration:00:26:30

AP Now Episode 1: Staying Current in AP or Paying the Cost

4/1/2019
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The accounts payable function must change; for existing processes leave companies vulnerable to newer frauds, less competitive when other companies take advantage of new technologies and potentially out of regulatory compliance. AP Now’s Mary Schaeffer discusses three events that occurred in the last three years that have forced every organization to change the best practices it has used in their accounts payable functions. Many of those who have not made these changes have paid a very steep...

Duration:00:24:15

AP Now Podcast Trailer 2

4/1/2019
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Worried about keeping up with changing best practices, fraud, technology, regulatory concerns, and new processes impacting your accounts payable function? The AP Now podcast, hosted by Mary Schaeffer, one of the leading accounts payable experts, is for you. Mary will be joined by other thought leaders and practitioners for some episodes. In others, she’ll examine a prevailing issue or trend by herself. This weekly broadcast is especially designed to provide the needed business intelligence...

Duration:00:00:39

AP Now Podcast Trailer

4/1/2019
More
Worried about keeping up with changing best practices, fraud, technology, regulatory concerns, and new processes impacting your accounts payable function? The AP Now podcast, hosted by Mary Schaeffer, one of the leading accounts payable experts, is for you. Mary will be joined by other thought leaders and practitioners for some episodes. In others, she’ll examine a prevailing issue or trend by herself. This weekly broadcast is especially designed to provide the needed business intelligence...

Duration:00:00:59