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Accounting Accounts Payable: How Suppliers Trick You into Paying Twice

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Manage episode 468654799 series 2500761
Content provided by Mary Schaeffer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mary Schaeffer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Let me start off by shattering a common misconception among many finance and accounting professionals: If you pay a supplier twice – most won’t automatically return your payment. That’s right they don’t nicely return the money. That’s why it’s critical that you recognize the games or practices that devious suppliers use to get you to pay them twice. Some of these practices are used legitimately making it difficult to identify devious suppliers. So let’s take a look at some of their dubious practices.

Link to 5 Quick Tips for Faster Invoice Processing https://youtu.be/ozS8bBmSL_4

Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1

#payment #accountspayable #accounting #finance

Looking for more of the most current business intelligence about

+ Best practices around your payment and accounts payable function

+ Current and new fraud protection protocols

+ The newest technology impacting your accounting, accounts payable, and payment functions

+ Career advancement

+And much more!!

+++++++++++++++++++++++

See most recent videos at: https://www.youtube.com/@APNow/videos

See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 468654799 series 2500761
Content provided by Mary Schaeffer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mary Schaeffer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Let me start off by shattering a common misconception among many finance and accounting professionals: If you pay a supplier twice – most won’t automatically return your payment. That’s right they don’t nicely return the money. That’s why it’s critical that you recognize the games or practices that devious suppliers use to get you to pay them twice. Some of these practices are used legitimately making it difficult to identify devious suppliers. So let’s take a look at some of their dubious practices.

Link to 5 Quick Tips for Faster Invoice Processing https://youtu.be/ozS8bBmSL_4

Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1

#payment #accountspayable #accounting #finance

Looking for more of the most current business intelligence about

+ Best practices around your payment and accounts payable function

+ Current and new fraud protection protocols

+ The newest technology impacting your accounting, accounts payable, and payment functions

+ Career advancement

+And much more!!

+++++++++++++++++++++++

See most recent videos at: https://www.youtube.com/@APNow/videos

See all short tips at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-He5ELp9TP3wqQdHIbfIcFAB

Learn more about AP Best Practices; Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-HcvMSJTdNs0BCQJ0Ivb4l9V

Learn more about Internal Controls in AP; Playlist https://www.youtube.com/playlist?list=PLtL6rWSXZ-HdV9JIterJ-bf6TwMset_z_

Looking for Automation insights: Playlist at: https://www.youtube.com/playlist?list=PLtL6rWSXZ-Hf_cZwQOcDZrYV4dA0oDVby

  continue reading

100 episodes

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