Review
An excellent introduction to the world of Accounts Payable (AP) with loads of specifics on best practices and helpful hints on how to best get the job done. Chock full of information on how the AP function operates today with a vision for the future of those operations. Although written as a primer for someone new to the AP world, even the most seasoned AP professional will find new and important insights about the AP function. (Sandy Campos Vice President of Corporate Services Charles Schwab & Co., Inc.)


Book Description
ESSENTIALS OF ACCOUNTS PAYABLE Full of valuable tips, techniques, illustrative real-world examples, exhibits, and best practices, this handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in accounts payable. "A real-world approach, with great insights and practical wisdom on all aspects of the accounts payable process. Essentials of Accounts Payable provides accounts payable professionals with a framework for action in a rapidly changing environment." –Tom Nichols, Division Manager, Accounts Payable Operations, AT&T "Mary Schaeffer has combined her considerable knowledge of the accounts payable process with the learning and benchmark statistics from top companies to produce a world-class guide to the AP process. Without Mary Schaeffer, and IOMA, AP would still be a neglected financial process without any formal reading to explain the complexities of a process that most companies think is simply paying the bills. This book is a must-read for anyone working in, directing, or managing AP operations, both seasoned professionals and those new to the process." –Linda Sawyer Sisko, Programs Manager, Cisco Systems, Inc. "This book does an excellent job of explaining the often complicated basics of the accounts payable functions. It provides a quick snapshot for busy executives who need to know how an accounts payable department should run. It is an excellent update for those executives who need to keep up to date on numerous issues that affect this rapidly evolving profession." –Adrienne Glasgow, Chief Financial Officer, American Red Cross in Greater New York The Wiley Essentials Series–because the business world is always changing...and so should you.


From the Publisher
An excellent introduction to the world of Accounts Payable (AP) with loads of specifics on best practices and helpful hints on how to best get the job done. Chock full of information on how the AP function operates today with a vision for the future of those operations. Although written as a primer for someone new to the AP world, even the most seasoned AP professional will find new and important insights about the AP function. (Sandy Campos Vice President of Corporate Services Charles Schwab & Co., Inc.)


From the Back Cover
ESSENTIALS OF ACCOUNTS PAYABLE Full of valuable tips, techniques, illustrative real-world examples, exhibits, and best practices, this handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in accounts payable. "A real-world approach, with great insights and practical wisdom on all aspects of the accounts payable process. Essentials of Accounts Payable provides accounts payable professionals with a framework for action in a rapidly changing environment." –Tom Nichols, Division Manager, Accounts Payable Operations, AT&T "Mary Schaeffer has combined her considerable knowledge of the accounts payable process with the learning and benchmark statistics from top companies to produce a world-class guide to the AP process. Without Mary Schaeffer, and IOMA, AP would still be a neglected financial process without any formal reading to explain the complexities of a process that most companies think is simply paying the bills. This book is a must-read for anyone working in, directing, or managing AP operations, both seasoned professionals and those new to the process." –Linda Sawyer Sisko, Programs Manager, Cisco Systems, Inc. "This book does an excellent job of explaining the often complicated basics of the accounts payable functions. It provides a quick snapshot for busy executives who need to know how an accounts payable department should run. It is an excellent update for those executives who need to keep up to date on numerous issues that affect this rapidly evolving profession." –Adrienne Glasgow, Chief Financial Officer, American Red Cross in Greater New York The Wiley Essentials Series–because the business world is always changing...and so should you.


About the Author
MARY S. SCHAEFFER holds a BS degree in mathematics and an MBA degree in finance. She is the editor of a credit newsletter for the Institute of Management and Administration (IOMA) and a full-time writer. She is also the author of Accounts Payable: A Guide to Running an Efficient Department (Wiley). She is a member of the New York Financial Writers Association.

FROM THE PUBLISHER