The best way to battle the misconception that accounts payable is the cause of all late payments is to address the people making the accusation head on. Strategies for improving communication with business partners include:
- Listening to complaints: Other departments often accuse AP of not listening. Be open with internal clients, listen to their complaints, and involve them in the decision-making process.
- Publishing a newsletter: Newsletters are good for relaying information across the organization, introducing new employees, and profiling accomplishments.
- Developing metrics: Consider involving internal customers in developing performance metrics that will demonstrate process challenges and lead to change that will have a wide-reaching impact on the organization.
Effective communication is just one weapon managers can use to improve AP's image. It should work hand-in-hand with process improvement.
Sign up for today's TAPN webinar, 7-Step Process: Streamline AP Operations, Increase Productivity, and Reduce Costs, featuring Judy Bicking, APM, AP & Procure-to-Pay Consultant and Former Director, Johnson & Johnson's AP Shared Services. Earns 1.5 CEUS and 1.5 CPEs.
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