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Welcome to AP Now: Your Accounts Payable one-stop
resource for all your business intelligence needs

This site is designed to present you with all the information you need about accounts
payable, and all the other functions that impact it. Whether you choose to simply read
our Open Access (free) articles, which represent a small fraction of the articles
available in the member section, we welcome you.

AP Now also produces several live webinars each month, online
workshops for e-learning, books and live seminars. Please sign up
for our bi-weekly e-zine, using the signup box to the right. In it we
share tips, updates on upcoming events as well as news of new
articles posted to the site.

Go to our seminar and e-seminar links on the left to see recently
updated information about upcoming online AP training as well as
live and online 1099 training.

Featured Resources
B-Notices: A Best Practices Approach
When: Wednesday, August 5, 2015 Time: 2:00 p.m. EST (1:00 p.m. CST; noon MST; 11:00 a.m. PST) Where: Your office B-Notices have never been an easy issue. Now, they just got a bit more complicated. Did you know that the IRS has changed its procedure for getting a correct payee name and TIN after sending out a second "B" Notice? It's that time of the when those all-consuming awful B-Notices start to roll in. They must be addressed in a very timely manner. If not, your organization could be out of pocket for the taxes the contractor should have paid as well as potential fines. In a worst case scenario, these fines can be as much as $250,000! Are you ready? . . . keep reading

What Every Company (and AP Department) Needs to Know about FCPA
When: Wednesday, August 19, 2015 Time: 2:00 p.m. EST (1:00 p.m. CST; noon MST; 11:00 a.m. PST) Where: Your office Many accounts payable and procure-to-pay (P2P) departments fail to do any staff training regarding the Foreign Corrupt Practices Act (FCPA) compliance. They unfortunately believe it has nothing to do with accounts payable. Alas, they are wrong. These groups are the last set of eyes to look at a payment before it goes out the door; the last chance an organization has to stop a payment that could cause it untold nightmares. The fallout from noncompliance can be pretty ugly. One company is reported to have spent hundreds of millions (yes, that's millions) in lawyers and attorney's fees, after they were found to be noncompliant. FCPA prohibits bribery of foreign government officials -- and this bribery can come in many different forms. If your organization has done nothing to train its AP or P2P staff, this is one session you don't want to miss. . . . keep reading

An Internal Controls Master Plan for Accounts Payable
When: Tuesday, July 28, 2015 2:00 p.m. EST (1:00 p.m. CST; noon MST; 11:00 a.m. PST) While most executives are savvy enough to realize they need to be concerned about payment fraud, not everyone realizes they can also experience losses if they don't have the proper controls around all aspects of their AP function. Duplicate and erroneous payments, audit issues and lost vendor credits all have a deleterious bottom line impact. Control problems can creep in at almost any point in the process. . . . keep reading

Compliance Concerns: A Dozen Regulatory Issues Every AP Department Must Monitor
July 9, 2015, 2:00 p.m. EST (1:00 p.m. CST; noon MST; 11:00 a.m. PST ) In this session we'll review what every organization should be doing when it comes to OFAC, FCPA, ACA, IRS T&E Rules, Use tax and Unclaimed Property and more. The session will include a quick explanation of each issue along with why these are likely to be issues that should be addressed. It will also contain a checklist of items for each issue showing what every organization should be doing with regard to each matter. . . . keep reading

Upcoming Accounts Payable Webinar (Tip)
Check back frequently. We'll be posting the details about upcoming programs over the next few weeks. Better yet, sign up for our free weekly ezine using the form at the top left of this page. It's full of accounts payable tips and news as well as announcements of our upcoming programs . . . keep reading


 
FEATURED ARTICLES
Is the First Fraud Always A Small One?
Mary Schaeffer
AP Now's Thesis: At a recent conference, on . . . keep reading

Responsibility for Reviewing Expense Reports
Question: Should AP be responsible for verifying that the expenses were legitimate or merely that they are documented properly? Where does the approving manager's responsibility end and the reviewer's take over? We asked readers of our ezine (sign up for it using the form at the far left) and we got an earful. The full article shows some of the more insightful responses. . . . keep reading

The Issue: Other Check Fraud Prevention Practices
Protecting the organization against check fraud is a multi-faceted job. Companies not only have to do everything they can to prevent the fraud from happening; they also need to sleuth out those instances when a fraud manages to get through their controls. . . . keep reading