
About this episode
Here’s the simple, yet shocking truth that no one talks about: Over one-third of all invoices are not accurate … and you know which way those errors are going … not in your favor. Compounding the problem are invoices that get paid twice – and no, the supplier doesn’t automatically return the second payment – fraudulent invoices and payments made from statements and of vendor credits. Let’s take a look at where and how these problems occur and what you can do to combat them. Stick around until the end when we address the solutions that don’t work, those tactics you think should protect you from paying incorrectly, but don’t actually do what you think they do. #invoices #invoice #accountspayable #accounting
Link to Accounts Payable Issues Everyone Ignores until Disaster Hits https://youtu.be/jU26nsuOVNA
Link to Three Way Match: The Complete Guide https://youtu.be/ysgyRbw3yVk
The Shocking Truth About Invoice Accuracy That Nobody Tells You
Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1
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
Get every episode summarized
Each time APNow publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from APNow

Accounts Payable Interview Questions and Answers | Process-Based Scripts to Get...
APNow

The Biggest Three-Way Match Mistakes in Accounts Payable
APNow

Three Way Match Explained (Fast + Clear)
APNow

The AP Process Flaws That Catch Everyone Off Guard
APNow