With Accounts Payable, a resonating fact persists: the longer you take to process an invoice, the higher the cost is affecting the firm’s pocket in the most unwanted manner. Mistakes in accounts payable can lead to: Overpayments Missing the payments or paying twice to one party Unwanted penalties Worsening relationship between vendors in a longer… Continue reading Accounts Payable risks faced by businesses: Ways to mitigate them
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