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TAPN Virtual Conference
AP Productivity Summit
Wednesday September 21 • Noon-4pm EST
Thursday September 22 • Noon-3:45pm EST
Earns up to 7.5 CEUs and 7 CPEs
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Learning to Share Services
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Our parents often taught us about the importance of sharing. The same advice can help organizations improve accounts payable processes. Many businesses have combined multiple back office functions, including AP, into shared services centers to increase efficiency and reduce costs.
This issue highlights some key steps to take when organizing your own shared services center. Also be sure to check out the latest updates in the ongoing story of online sales taxes.
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| Patrick Harbin – Editor
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Shared Services Staff |
Opening a shared services center creates several organizational challenges, not the least of which is staffing the facility. Ensuring your center has the right mix of current employees and new hires means:
- Informing the staff early: Alerting staff of the transition early enough gives employees enough time to plan for their futures.
- Not guaranteeing positions to current employees: Making them apply for the transition helps make sure only the best people make the move.
- Focusing primarily on new hires: While existing employees ensure knowledge transfer, new hires help reduce labor costs.
Be sure to attend the upcoming no-cost TAPC webinar, Implementing the Best Practices of an AP Shared Services Model in Every Organization, featuring Judy Bicking, APM, Consultant and Former Global Director to J&J's European Operations, and Margaux Vourvoulias with Esker, on Aug. 23, 2011 from 2-3pm EST. The webinar earns 1 CEU and 1 CPE
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Main Street Fairness Act |
Congress is trying for the second time to pass legislation that gives state governments the right to collect sales tax from out-of-state online purchases.
See Welcome Back Main Street Fairness Act on TAPC.
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Just for Fun! |
Traditionally, the only solution to a snoring husband or wife has been to pinch their nose, which is not always the most friendly thing to do. However, homebuilders believe they have solved this problem. See That's it Honey, I'll be in the Snore Room.
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