We want to make sure that you not only survive but thrive during year-end. As you close out the year, you’re going to need a few tips and tricks to help year-end go as smoothly as possible. In this guide, you’ll find helpful information on what reports and tools to use, as well as best practices for keeping your team motivated during the season. When the new year rolls around, we want you to be the AP hero and ready to head into the holiday season prepared for festivities instead of frustrations.
For AP professionals, vendor management can be one of the toughest challenges to grapple during the year-end whirlwind. By updating the master vendor file on an ongoing basis, however, you can avoid the problems that arise with incorrect entries, such as duplicated payments, fraud activity, and noncompliance with federal laws like the Sarbanes-Oxley Act.