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Try this Approach to Improve P2P Operations

October 27, 2022 Lynn Larson

Slow invoice approvals and slow P-Card transaction review are two common issues. What can you do? The answer, as described in this post, also helps reduce the volume of invoices in AP and minimize the time-wasting activity of correcting every coding error.

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Tags P2P process, process efficiencies
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How Many People Does It Take to Change a Payment Strategy?

September 15, 2022 Lynn Larson

The development of a payment strategy is a project that often languishes at the bottom of a to-do list. Everyone might agree with the concept, but no one steps up to drive the initiative. Begin by answering the questions in this post. This will guide you on who should be involved with a payment strategy project.

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Tags payment strategy, roles & responsibilities
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Unpopular Opinions About Payments

July 14, 2022 Lynn Larson

When it comes to payments, I have some unpopular opinions. This post addresses three of them, which pertain to: employee expense reimbursements, surcharges for card payments, and rebates. Also included are some suggestions for organizations.

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Tags payment strategy, surcharging, out of pocket expenses, rebate
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