Accounts Payable Tips for Issues Everyone Ignores until Disaster Hits

Dive into the world of accounts payable and discover how seemingly small mistakes can lead to financial catastrophe! Join us as we shed light on the critical aspects of managing accounts payable that are often overlooked until it's too late. Don't miss out on essential tips and insights to avoid disaster in your own business. Subscribe now for more valuable advice on handling accounts payable! #accountspayable #accountspayableprocess #accounting
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00:00 Accounts Payable Tips for Issues Everyone Ignores until Disaster Hits
00:36 Overlooked Issue #1 Lottery Winners and Losers
01:09 Overlooked Issue #2 Banking Pitfalls
01:45 Overlooked Issue #3 Cyber Tricks at the Very Basic Level
02:23 Overlooked Issue #4 The Ugly Trick
02:55 Overlooked Issue #5 Unwrapping the Gift Card Trick
03:51 Overlooked Issue #6 Overcoming the Low Automation Utilization Challenge
04:49 Overlooked Issue #7 Networking for Introverts
05:42 Overlooked Issue #8 What Management Wants
06:19 Overlooked Issue #9 The Dream of a Neat Desk
07:05 Overlooked Issue #10 The Truth about Vendor Refunds
07:26 Overlooked Issue #11 The Fraudulent Shopping Spree You Can Stop
08:06 Overlooked Issue #12 Hidden Risk in Duplicate Invoice Numbers
09:18 Overlooked Issue #13 Take the Target Off Your AP Teams Back

[@julisplett2748]

I work in AP and wonder how many people in AP are setting up fake vendors to scam? That's crazy!

[@APNow]

Hopefully not many. That's why we strongly advocate doing some checking - both when setting up a new vendor and when making changes to an existing one!

[@julisplett2748]

@@APNow I guess it could happen and why we have controls. :)