AP Now Episode 43: Mary Schaeffer & Teri Cook Using Data for Process Improvements in AP

Once again, the ever-popular Teri Cook returned to join Mary Schaeffer on the AP Now podcast. This time the topic under review was Technology, Data and AP Process improvements in accounts payable. The podcast begins with a discussion of common concerns in accounts payable. Teri then goes on to share some of the traditional ways duplicate and erroneous payments were found.

The host and Teri then talked about some of the common misconceptions that still abound when it comes to making duplicate payments. Teri then expanded on this issue and offered explanations as to how duplicates slip through, even when companies think they have an ironclad protection against them.

She then moves on and talks about the realization that “there had to be a better way” and her mission to find a technology solution. She did find one and explained how it benefited the organization, saved a lot of money and helped raise morale in the accounts payable department.

She then reflects on the necessity of staying positive, even though that is not always easy. She shared that her daughter, Erin, has been her biggest supporter and cheerleader. We close the podcast with Teri predicting a long and rosy career path ahead.   

Host: Mary Schaeffer (www.ap-now.com)

Guest: Teri Cook

Credit: Music: https://www.purple-planet.com