2 Invoice Handling: The Three-Way Match and More 11
3 Checks: The Traditional Payment Mechanism 29
4 Exception Handling and Those Dreaded Rush Checks 47
5 Preventing Duplicate Payments and Other
Common Errors 57
6 Paying Lost or Missing Invoices without Creating
Additional Problems 73
7 Improving the Relationship with Purchasing 83
8 Master Vendor Files: An Often-Overlooked Function 95
9 Discounts, Deductions, and the Problems They Cause 107
10 Travel and Entertainment: The Traditional Functions 117
11 Travel and Entertainment in the Twenty-First Century 131
12 Electronic Data Interchange: The Key to a Paperless
Accounts Payable World 147
13 Using the Internet in Accounts Payable 157
14 Extensible Markup Language: What Accounts Payable
Pros Need to Know 169
15 Procurement Cards and Their Impact on the
Accounts Payable Function 179
16 Fraud: Vendor, Employee, and Check 195
17 How Companies Are Using Technology in
Accounts Payable 207
18 High-Level Accounts Payable Concepts 225
19 Managing Your First Accounts Payable Department 241
20 Accounts Payable in the Twenty-First Century 251
Additional Resources 261
Index 263
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