Tuesday | April 26 | 12 PM CT
Presenter: Mary Schaeffer – Founder of AP Now
Duplicate payments have long been the bane of accounts payable, accounting, finance, and treasury departments, and it’s only getting worse!
One of the dirty little secrets in the corporate world is that vendors, with rare exception, don’t automatically return those payments.
That’s why it’s critical that every organization takes the appropriate steps to protect against this scourge. Less than optimal invoice handling processes are a huge contributor to the problem, as are questionable billing practices.
That’s why MHC asked AP Now’s Mary Schaeffer to take a deep dive into what’s going on in this arena and what steps every organization needs to take to protect itself.
In this fast-paced session, we’ll investigate:
Market trends that have resulted in an increase in duplicate payments
New questionable invoice practices that have led to an increase in duplicate payments
What happens to your duplicate payments
Steps which everyone (whether they use automation or not) can take to prevent duplicate payments
Impact of automation
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MARY SCHAEFFER – Founder of AP Now
Mary Schaeffer, AP Now’s Founder, has been creating content around the AP function for 20+ years. This material takes the form of a twice-a-week free ezine, a weekly podcast, a YouTube channel, a monthly newsletter, a variety of courses for accountants, and numerous webinars.
She is a member of Business Payments Coalition and Federal Reserve’s Remittance Delivery Assessment Work Group, and Nacha’s ACH Network Advisory Panel. Schaeffer has been named a Top AP Influencer for the last two years by the prestigious AP Association, a global organization headquartered in the UK.
She has a BS in Mathematics and an MBA in Finance. Before founding AP Now, she worked in corporate finance and treasury for three large multi-national companies.