Accounts Payable Management for Controllers
Update: 2025-06-10
Description
So, what’s the big fuss about accounts payable, you may wonder, isn’t it just another accounting function … and one of the more simple ones at that! Let me answer that politely- although you if you know me well, you know what’s going through my mind.
Yes, it is part of accounting and NO – it is NOT simple. Get even one tiny part wrong and you could pay crooks – who do an incredibly good job of making themselves look legitimate until they have your money, double pay an invoice – and few vendors willing return those duplicates or worse.
Make sure you stick around until the end when we explain why, despite all the automation being thrown at accounts payable, the team still has more work than ever. And, I’m willing to bet even many knowledgeable Controllers, and accounting and finance professionals never considered some of these issues. #accountspayable #accountspayablemanagement #accounting #accountingaccountspayable
Yes, it is part of accounting and NO – it is NOT simple. Get even one tiny part wrong and you could pay crooks – who do an incredibly good job of making themselves look legitimate until they have your money, double pay an invoice – and few vendors willing return those duplicates or worse.
Make sure you stick around until the end when we explain why, despite all the automation being thrown at accounts payable, the team still has more work than ever. And, I’m willing to bet even many knowledgeable Controllers, and accounting and finance professionals never considered some of these issues. #accountspayable #accountspayablemanagement #accounting #accountingaccountspayable
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