The AP Channel Newsletter
Home AP Blogs AP News AP Store August 31, 2011
In this Issue
Editor's Note
Automation Benchmarks
Procure-to-Pay
Continuing Education
Just for Fun!
Complete invoices with no paper and just a few clicks.
AP Certification - The Standard of Excellence for Accounts Payable Professionals
TAPN Webinar
Reduce Your Exposure for B-Notices and TIN Penalty Notices
Wednesday, September 14, 2011
2:00 - 3:30 PM Eastern Time
John Foertschbeck, CPA, and Lynda Foertschbeck, IRSCompliance, Inc.

Earns 1.5 CEUs and 1.5 CPEs
Virtual Conference
Bring Your Whole Staff!

Accounts Payable Productivity Summit 2011
Wednesday, September 21
Noon - 4:00 PM Eastern Time
Thursday, September 22
Noon - 4:15 PM Eastern Time

Earns up to 7.5 CEUs and 7 CPEs
 
Awaken the P2P Giant
Technologies like electronic invoicing and automated workflow significantly improve payables processing on their own. However, combining multiple technologies to create an automated procure-to-pay process is nothing short of an AP transformation.

This issue highlights how your accounts payable department could benefit from an electronic P2P process. Also, if you haven't already, be sure to complete TAPN's latest automation benchmark survey.
Patrick Harbin – Editor
Automation Benchmarks
Where is your company on the automation spectrum? The Accounts Payable Network's latest benchmark survey focuses on implemented technologies. All participants will receive a copy of the published results. Participation also earns 1 CEU.

Take TAPN's Accounts Payable Automation Benchmark Survey 2011.

Procure-to-Pay

As the name suggests, procure-to-pay systems cover the entire transaction process, from issuing a purchase order to paying the invoice. By combining multiple technologies, P2P solutions can ensure:

  • Contract Compliance: Requisition systems guarantee employees do not make off-contract purchases.

  • Prompt Invoice Receipt: P2P solutions typically accept a variety of e-invoices (PO flip, XML file, web upload).

  • Document Visibility: Automated workflow gives AP processors visibility into the transaction. They can pull invoices, purchase orders, and other supporting documentation at any time.

For more on how to benefit from consolidating multiple AP technologies to enhance your procure-to-pay process, sign up for the no-cost TAPC webinar, AP's Best-in-Class Triple Play: E-Invoice + Workflow + E-Payment, featuring David Hay, former Director of Shared Services Business Services Outsourcing for Hewlett-Packard, and Sushmitha Koka with ADP. Earns 1 CEU.

Just for Fun!
Contrary to conventional wisdom, now it seems that eating chocolate can improve a person's health. Living healthy never tasted so good. See Good News at Last: Chocolate is Good For You! Maybe.


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