The Press Room
Read recent news from Accounts Payable Now & Tomorrow.
CRYSTALLUS, Inc. publishes new book, 101 Best Practices for Accounts Payable. Book also identifies 177 Worst practices. Read about it here.
AP Now's Free webinar to Celebrate AP Appreciation Week 2012 - Read about it here.
International Accounts Payable Professionals and ‘AP Now & Tomorrow’ Create Strategic Partnership
Move aligns premiere AP professional association with leading AP publisher and training organization
Orlando (PRWEB) November 8, 2009 -- International Accounts Payable Professionals (IAPP) and Accounts Payable Now & Tomorrow, often referred to as AP Now, have announced a strategic partnership that will provide expanded benefits to IAPP members and to AP Now readers. This group includes practitioners in accounts payable and internal auditing, as well as the CFOs and controllers responsible for the payment function.
More than 5,000 members strong, the IAPP provides certification, events, training, and resources such as the bimonthly magazine AP Matters for accounts payable and other finance practitioners. Comparable benefits are now offered to accounts receivable professionals through a brand-new sister organization, International Accounts Receivable Professionals, and its publication AR Matters.
This partnership will allow us to strategically add value to our core audience by providing them access to a fine professional association and certification program. “AP Now’s publisher, Mary Schaeffer, has many years of AP experience, especially in the tax and regulatory realm, and brings a wealth of knowledge into this partnership,” says Thomas M. Bohn, IAPP/IARP CEO and executive director. “Our members will reap the benefits of that knowledge and the resulting expansion of resources available to them.”
Accounts Payable Now & Tomorrow is a monthly newsletter for professionals concerned about payment issues. It is widely read by practitioners, controllers, auditors and accounting professionals. The parent organization of AP Now, Crystallus Inc., also offers a free weekly ezine and a newly launched quarterly electronic publication, CFO & Controllers Accounts Payable Management Journal.
“We are thrilled to be working with an organization of the caliber of the IAPP,” says Schaeffer, a nationally recognized accounts payable expert. “This partnership will allow us to strategically add value to our core audience by providing them access to a fine professional association and certification program. We look forward to a long and mutually beneficial relationship.”
About IAPP and IARP
International Accounts Payable Professionals is internationally recognized as the trustworthy guidance-setting association for the accounts payable profession. Serving members throughout the world, IAPP is the AP professional’s global voice, chief advocate, recognized authority, acknowledged leader, and principal educator on all AP operational, regulatory, leadership, tax, control, and fraud-related topics. Together, the IAPP and its sister organization, International Accounts Receivable Professionals, have more than 5,000 members in 70 chapters throughout the United States, Canada, and the United Kingdom, and provide training, conferences, knowledge sharing, certification, online resources, AP Matters and AR Matters magazines, and more. For more information, visit www.TheIAPP.org and www.TheIARP.org.
About Accounts Payable Now & Tomorrow
Accounts Payable Now & Tomorrow is the flagship publication of Crystallus Inc., a boutique training, publishing and consulting firm focused on accounts payable issues. In addition to the Accounts Payable Now & Tomorrow newsletter, the organization produces a free weekly ezine, numerous webinars, seminars and other resources to help streamline the accounts payable function. The work of both organizations is directed by Mary Schaeffer, a nationally recognized accounts payable expert and author of over 15 business books published by John Wiley & Sons.
For release Spring 2009
The What-Would-Oprah-Do? Contest: Accounts Payable Headaches
Leading business information provider launches funny but informative contest to help readers address difficult day-to-day accounts payable problems
Newark DE—In addition to supplying the must-have accounts payable information needed by organizations everywhere Accounts Payable Now & Tomorrow believes in having a little fun while creating innovative solutions to the problems encountered by finance and accounting professionals. That’s why they created their new contest, Accounts Payable Headaches: What Would Oprah Do?
If ever there were a person who could provide insights into chaos, says Mary Schaeffer, the organization’s publisher, Oprah Winfrey wins the prize. She notes that some of the problems faced in accounts payable could definitely use her touch.
Many of the issues faced by our readers, says Schaeffer, are universal. By highlighting both the problems and the innovative solution offered by readers walking in the same shoes, we hope to uncover not only the best ways to address these issues but also some simple but overlooked tactics.
This is a two-part contest. First, the publication’s readers are invited to share their most difficult accounts payable dilemma. The thorniest will selected by the AP Now staff and then presented to readers for creative solution for the contest’s second part.
Those in the AP field interested in entering should simply send their problem (and, subsequently, solution) to
email@example.com with the words “Contest” in the subject line. Don’t forget to include your name, company name, and mailing address (so we know where to send the prize, should you win). The best problems and solutions will be put together in a mini-pamphlet and shared with all who enter.
The deadline for this contest is June 30. The winners will be decided by the Accounts Payable Now & Tomorrow staff. New problems will be added to the AP Now blog and featured in our weekly e-zine. The prize is a choice of a six-month subscription to AP Now or a copy of Travel & Entertainment Best Practices.
To kick off the contest, here’s the first problem. We call it the “Travel & Entertainment Nightmare.” In reviewing the expense reimbursement report of a senior-level executive, one of the processors finds a charge for $325 for a bottle of wine on a dinner receipt. The company policy strictly forbids charging the company for liquor. What would Oprah do? (What would you do?)
Accounts Payable Now & Tomorrow is the flagship publication of CRYSTALLUS, Inc. a boutique training, publishing, and consulting firm focused on accounts payable issues. In addition to its newsletter, Accounts Payable Now & Tomorrow, the organization produces a free weekly e-zine, numerous webinars, one-day seminars, and other resources to help streamline the accounts payable function. The work of both organizations is directed by Mary Schaeffer, a nationally-recognized accounts payable expert and author of over 15 business books published by John Wiley & Sons. She is available for interviews.
Contact: Mary S. Schaeffer
Phone: 302 836 0540
Fax: 302 836 0541
Recession-Buster: How Accounts Payable Can Help
Nationally-recognized expert demonstrates how to turn a cost center function (accounts payable) into a profit center
When most people think about saving money, accounts payable doesn’t leap to mind—unless it’s to cut staff. “That’s a crime on two levels,” says Mary Schaeffer, publisher of the Accounts Payable Now & Tomorrow newsletter and author of 16 business books including Fraud in Accounts Payable: How to Prevent It. First, when times are tough, she explains, financial fraud grows as do other practices, actually increasing the work load in accounts payable. So if the organization does not want worsened financial results, the better course is to increase AP staffing.
What’s more, she notes, there are many ways a savvy accounts payable department can add to the bottom line, if there is the staff to perform those tasks. Recognizing that its readers are under fire, Accounts Payable Now & Tomorrow has taken a hard look at what it can do to help and created several resources (some free) to do just that.
It began by creating a short Recession Buster podcast featured prominently on its homepage. Available at no cost, it explains not only why it’s critical that attention be paid to accounts payable in troubling times, but provides one of the thirty recommendations she will make in AP Now’s Webinar, How Accounts Payable Can Help: 30 Productivity Tips in 60 Minutes (all no or low cost!) This session will be followed up by one in June on A Best Practice Plan to Find, Eliminate, and Recover Duplicate and Erroneous Payments
The organization also recently launched a Duplicate Payment Resource Center, a free online hub filled with articles and diagnostic tools anyone can use to determine if they have a duplicate payment problem.
The recent “Accounts Payable in Tough Times” issue of its print newsletter brings expanded content at the regular single-issue price. “The pricing on this reflects our understanding of the tough market conditions many of our readers are experiencing,” explains Schaeffer. She says that is the same reason the organization dropped its pricing for its recession-buster webinars.
Accounts Payable Now & Tomorrow (www.ap-now.com) is the flagship publication of CRYSTALLUS, Inc. a boutique training, publishing, and consulting firm focused on accounts payable issues. In addition to its newsletter, Accounts Payable Now & Tomorrow, the organization produces a free weekly e-zine, numerous webinars, one-day seminars, and other resources to help streamline the accounts payable function. The work of both organizations is directed by Mary Schaeffer, a nationally-recognized accounts payable expert and author of over 15 business books published by John Wiley & Sons. She is available for interviews.
Contact: Mary S. Schaeffer
Phone: 302 836 0540
Fax: 302 836 0541
FOR IMMEDIATE RELEASE Fall 2008
AP Now Declares October ‘Obliterate Duplicate Payment Month!’
CRYSTALLUS, Inc, the publisher of Accounts Payable Now & Tomorrow, is taking aim at the duplicate payment nightmare and putting solutions for it at the center of its October events and publications. It urges all organizations to devote some resources to tackling the issue in the month of October.
Newark DE—Recognizing that duplicate payments continue to plague most organizations at a time when few can afford this drain on their bottom line, Accounts Payable Now & Tomorrow, a CRYSTALLUS, Inc. publication, is making solutions to the problem the centerpiece for its October events and publications. It has designated October as Obliterate Duplicate Payment Month.
“It’s one of the dirty little secrets of the corporate world,” says Mary Schaeffer, CRYSTALLUS, Inc.’s president and editorial director for the flagship publication, “that companies everywhere, and of all sizes, regularly pay a small percentage of their vendors twice and that money is never returned.” Unfortunately, she adds, this problem is not limited to the corporate world; not-for-profits, colleges and universities, and government agencies all have the same issue. Schaeffer, a nationally recognized accounts payable expert, recommends that all organizations set aside time in October to address this challenge within their own organization.
Accounts Payable Now & Tomorrow, a subscription-based newsletter, is in the process of completing its second duplicate payment survey to identify practices that weaken AP department efforts on this front. That information will be shared with the publication’s readers as well as those who complete the survey. Tips from the survey will be reported each week in the firm’s free weekly e-zine, e-AP News.
The firm will also focus its Fall Journal, a 24-page publication, on solutions to the duplicate payment headache. It has scheduled a series of four Webinars during the month to address various aspects of the problem. Finally, it will develop a section of its Web site to listing Duplicate Payment Resources. Managers can use this information to find firms offering products or services to help reduce and recover duplicate payments.
“It is a bigger issue than most people realize,” says Schaeffer, “and with the economy suffering it is one few can afford to ignore. It’s time to take action.”
About CRYSTALLUS, Inc. and Accounts Payable Now & Tomorrow: CRYSTALLUS, Inc. is a publishing, training, and consulting firm focused on payment issues. It helps mid-size companies streamline their accounts payable operations to employ best practices for efficiency and control purposes. It publishes Accounts Payable Now & Tomorrow, a well-respected fee-based print newsletter read by professionals concerned about payment issues, as well as e-AP News, a free weekly e-zine produced as a service to the payor community and the popular AP Now blog.
The organization also produces Toolkits to help run a more efficient organization, as well as a series of educational Webinars and one-day seminars on AP-related topics. The work of both organizations is directed by Mary Schaeffer, a nationally recognized accounts payable expert and author of a dozen business books published by John Wiley & Sons.
Contact: Mary Schaeffer
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