2020 - Managing Your Accounts Payable Function During Isolation/Quarantine

Topic :Managing Your Accounts Payable Function During Isolation/Quarantine
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Overview:
Many organizations take their accounts payable function (along with most others) for granted until suddenly, they can't get an invoice to a critical vendor paid. Or, as many are finding out the hard way, their accounts payable team can't get into the office to pick up all the paper invoices that need to be processed.
Areas Covered in the Session :
Identify areas where your current accounts payable function might need adjustment to deal with a crisis, like the coronavirus
Develop practices that will help handle the masses of paper invoices that many are still receiving
Manage staff and a management team working remotely
Convert many of your vendors to receiving electronic payments instead of paper checks
Create processes for those who must go into the office
Deal with potentially fraudulent "change of bank account requests"
Keep up morale of staff not used to working remotely
Plan for future crisis.ake sure that fraud can be deterred or detected immediately.
Speaker:
Mary S. Schaeffer is the founder of AP Now, a B2B learning and information organization focused on creating business intelligence around the accounts payable and payment functions. She hosts the AP Now podcast, a weekly talk focused on issues impacting the accounts payable and payment functions.
Contact Info :
Compliancekey
https://www.compliancekey.us
Email : support-AT-compliancekey.us
Phone : +1 717-208-8666