Faster payments, e-mail scams, bitcoin (?): What’s coming for A/P
Know what developments are coming down the pike for accounts payable people in 2016?
There’s a good chance you’ll see some new tech-related issues, according to the Association for Financial Professionals (AFP).
In 2016, the AFP expects to see developments in:
- faster payments
- business email compromises (BEC) scams, and
- bitcoin (an electronic currency).
While bitcoin isn’t likely in your immediate future, keep pushing for faster payments, and stay wary of suspicious emails.
Free Training & Resources
Webinars
Provided by SkyStem
Further Reading
Accounts Payable teams are contending with a new kind of fraud threat driven by generative AI. A recent report in American Banker described...
When you’re summarizing financial data in Excel, especially filtered data or hidden rows, traditional functions like SUM or AVERAGE often...
With all the work your A/P department puts into issuing timely payments, it can be frustrating to find out there’s unclaimed property...
Whether payroll professionals use the most current Excel in Microsoft 365 or an earlier version, they’ll never find enough time to us...
Want to show trends without adding bulky charts? Excel Sparklines are mini-graphs that fit inside a single cell and offer quick visual insi...
Businesses may be losing more through accounts payable than they realize – and most of it never shows up as a line item. A new report ...