Did I Pay That Vendor Twice — Again?

Business owners who want to achieve improved accounts payable practices can follow these steps: 1) Have all invoices mailed to the individual responsible for accounts payable, 2) Share knowledge across their organization, 3) Take advantage of vendor discounts, 4) Supervise and review accounts payable activities, 5) Segregate responsibilities. An article in the January ’06 “New York Enterprise Report” provides all the details.