(00:16:55)
Episode 42
Same Day ACH
AP Now
Host:
Mary Schaeffer
Guest:
Rob Unger
In this episode of the AP Now podcast, Nacha’s Rob Unger joins host Mary Schaeffer to discuss Same Day ACH and the innovations expected in the near future. In a very understandable manner, he began by explaining exactly what Same Day ACH is and how it differs from Classic ACH.
(00:14:47)
Episode 41
Frauds both Old and New
AP Now
Host:
Mary Schaeffer
Guest:
Lynn Larson
This episode focuses both on an old fraud that unfortunately is still rampant and a new one that AP Now anticipates will occur. Both have ramifications for both your personal life as well as your business. Recharged Education’s Lynn Larson discussing how letting down your fraud protection guard even for one minute can have disastrous consequences.
(00:18:02)
Episode 40
How They Avoid B-Notices
AP Now
Host:
Mary Schaeffer
Guests:
Tricia Wieder, Vanessa Taggart
When Vanessa Taggart, Director, Corporate AP, said that she didn’t know what a second B Notice looked like because Lehigh Valley Health Network had never received one, it was obvious this was an extremely well-run accounts payable operation. Vanessa and Tricia Wieder, Manager Corporate AP at Lehigh Valley Health Network joined Mary Schaeffer on the AP Now podcast to explain exactly how they achieved this remarkable feat.
(00:26:59)
Episode 39
Resolutions for a Long and Successful Future
AP Now
Host:
Mary Schaeffer
Mary Schaeffer discusses the changing business environment and shares three goals to help everyone be successful in the new and changing atmosphere. She begins by sharing some statistics that reveal there will be significant job loss due to AI but at the same time there will be an even larger creation of new jobs.
(00:16:19)
Episode 38
Fraud Tweaks and Innovation How to Protect Against
AP Now
Host:
Mary Schaeffer
In this episode, Mary Schaeffer, AP Now founder, and podcast host discusses the way crooks are innovating and tweaking existing BEC frauds to take advantage of their targets. She shares three recent cases where the crooks have maneuvered around existing BEC protocols to their advantage.
(00:24:32)
Episode 37
What AP Success Looks Like
AP Now
Host:
Mary Schaeffer
Guest:
Patsy Christian
Proving just how far technology has come, Patsy Christian joined the AP Now podcast from across the pond. She shared with the host, Mary Schaeffer, her thoughts what success in accounts payable looks like. She began discussing her background and touched upon a Leadership award she had recently won. Patsy was then quick to give credit to her group.
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Episode 36
AP Technology that Promotes the Right Behavior
AP Now
Host:
Mary Schaeffer
Guest:
Sandra Firman
Joining the AP Now podcast from down under, Sandra Firman shared with Mary Schaeffer her thoughts on making sure AP technology promotes the right behavior. She began by addressing the question of “Who’s the Boss?” She expounded on her theory that technology, if it is really helpful should be our servant.
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Episode 35
Evaluating Processes for Improved Expense Reporting
AP Now
Host:
Mary Schaeffer
Guest:
Teri Cook
In this episode on the AP Now podcast, Mary Schaeffer and Teri Cook discuss the many problems associated with a manual paper expense reporting process. In this episode, Teri focuses on events that happened at a former employer. She began by enumerating the problems.
(00:18:16)
Episode 34
People Internal Controls in AP
AP Now
Host:
Mary Schaeffer
In this episode Mary Schaeffer, AP Now founder and podcast host, discusses five different internal controls that she believes every organization should use, but often doesn’t. She begins by skewering the myth, held by many, that their employees would never steal from them.
(00:18:47)
Episode 33
Starting over after a Job Loss in AP and Accounting
AP Now
Host:
Mary Schaeffer
Guest:
Teri Cook
In this episode on the AP Now podcast, Mary Schaeffer is joined by Teri Cook for a brutally honest discussion on handling a job layoff after 50. The podcast begins with Teri recounting how she was suddenly laid off and her reaction. She then moves on to talk about networking and how she made the mistake many busy professionals make of not keeping up with old professional contacts.
(00:27:55)
Episode 32
Common Tax Reporting Questions
AP Now
Host:
Mary Schaeffer
Guest:
Steve Mercatante
Steve Mercatante of taxinformationreporting.com returns to the AP Now podcast to discuss common IRS questions. Steve introduces his Federal and State Filing Guide, then launches into a discussion of the myriad of reporting responsibilities all organizations have not only on the Federal level, but at the state and local levels as well.
(00:18:31)
Episode 31
Year End in AP
AP Now
Host:
Mary Schaeffer
Guest:
Debra R. Richardson
In this episode on the AP Now podcast, Mary Schaeffer is joined by Debra R Richardson, an expert on master vendor file issues. They discuss getting ready for year-end in accounts payable. They begin by discussing the big calendar used in many organizations to track all the different tasks done.
(00:17:10)
Episode 30
The Problems with Petty Cash
AP Now
Host:
Mary Schaeffer
Using four real-life examples Mary Schaeffer points out the problems that can occur when an organization insists on having a petty cash box. Starting with a tale of IOUs in the petty cash box, an unfortunate occurrence she moves onto to discuss questionable reimbursements out of the petty cash box.
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Episode 29
Technophobia
AP Now
Host:
Mary Schaeffer
Guest:
Peter Taylor
Peter Taylor is the controller of Purple Innovation, LLC, a/k/a The Purple Mattress Company. He joined the AP Now podcast to discuss how he got his team over their fear of technology, sometimes referred to as Technophobia. We started off by discussing a statistic from a recent AP Now survey which showed 36% of the respondents indicating that one of their major concerns was staff fear over new technology and processes.
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Episode 28
Why AP Is a Big Deal at Successful Companies
AP Now
Host:
Mary Schaeffer
Guest:
Billy the Bot
Mary Schaeffer puts a positive spin on an age-old problem. There are still a small group of business people who do not understand that ignoring an accounts payable function, not keeping up-to-date on the latest trends, practices, and problems can hurt an organization’s bottom line.
(00:32:54)
Episode 27
Information Reporting (1099) Misconceptions
AP Now
Host:
Mary Schaeffer
Guest:
Steve Mercatante
Clearly Steve Mercatante of taxinformationreporting.com knows a thing or two or a thousand about the IRS, tax information reporting and issuing 1099s (and other tax forms). He joined the AP Now podcast to discuss these issues. He had so much to say, we never did get around to talking about the book he wrote in his spare time, Why Germany Nearly Won the War.
(00:25:26)
Episode 26
Unclaimed Property Fraud
AP Now
Host:
Mary Schaeffer
Guest:
Kimberly DeCarrera
Kimberly DeCarrera of DeCarrera Law says she can happily talk for hours about unclaimed property. She didn’t do that on this episode of the AP Now podcast because she knew we had time restraints. But she did make the most of our time together squeezing in tips and strategies for listeners right to the last minute of our broadcast.
(00:17:51)
Episode 25
Getting Ahead
AP Now
Host:
Mary Schaeffer
Guest:
Robin F. Anderson
Robin F. Anderson refers to herself as an “accidental writer.” Currently, she is a senior vice president with Texas Capital Bank where she focuses on commercial card consulting. She joined Mary Schaeffer on the podcast to discuss some of the strategies she used to get to her current position.
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Episode 24
Entrepreneurship and Blockchain
AP Now
Host:
Mary Schaeffer
Guest:
Tina Laurence
Mining bitcoin in her living room was one of Tiana Laurence’s first ventures into blockchain. Of course, this meant that fuses were often blown, if everything wasn’t done exactly right. But we’re getting ahead of the story she shared with Mary Schaeffer in Episode 24 of the AP Now podcast.
(00:17:30)
Episode 23
AP Fraud Prevention Week
AP Now
Host:
Mary Schaeffer
Guest:
Billy the Bot
Fraudsters have become really devious. The speed at which they develop new frauds is quite troubling. What’s more, many of the newer frauds can be stopped if people simply know what to look for. It was this simple fact that got the AP Now podcast’s host, Mary Schaeffer thinking.
(00:23:36)
Episode 22
B-Notices (with a shocking revelation)
AP Now
Host:
Mary Schaeffer
Guest:
Jill Dymtrow
B-Notices from the IRS was the topic on this episode of the AP Now podcast. Mary Schaeffer was joined by industry expert, Jill Dymtrow for a fun discussion of these little-understood, but quite-important IRS notices. She also dropped a bombshell in the middle of the podcast.
(00:28:23)
Episode 21
Sales and Use Tax Issues
AP Now
Host:
Mary Schaeffer
Guest:
Jim Frazier
Sales and Use Tax expert, Jim Frazier joins AP Now’s Mary Schaeffer on the AP Now podcast. This time, the topic is issues related to sales and use tax. Jim begins by explaining how he came to the sales and use tax world, starting out as a CPA.
(00:23:02)
Episode 20
Letter Analytics
AP Now
Host:
Mary Schaeffer
Guest:
Rich Lanza
Grant Thornton’s Managing Director of Innovation joins AP Now’s Mary Schaeffer again on the AP Now podcast. This time, the topic is Letter Analytics, a concept Lanza helped pioneer. He shares some fascinating real-life examples and offers tips on how listeners can get started using this themselves.
(00:16:59)
Episode 19
Being an Influencer
AP Now
Host:
Mary Schaeffer
Guests:
Gareth Jones, Jamie Radford
Jamie Radford and Gareth Jones of the AP Association (headquartered in the UK) join AP Now’s Mary Schaeffer on the AP Now podcast. The main topic was AP Innovators. But before we got around to that, they shared a little of their background and how they came to found the AP Association.
(00:14:27)
Episode 18
Recognizing Manipulated Email Addresses
AP Now
Host:
Mary Schaeffer
Manipulated email addresses are wreaking havoc in the business world. Do you think you can recognize all such email addresses? In this episode of the AP Now podcast AP Now’s Mary Schaeffer addresses the problem, providing numerous examples of these manipulations.
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Episode 17
Misconceptions about Metrics
AP Now
Host:
Mary Schaeffer
Guest:
Rich Lanza
Grant Thornton’s Managing Director of Innovation joins AP Now’s Mary Schaeffer on this episode of the AP Now podcast. The topic for this discussion is metrics, and more specifically, common misconceptions about metrics and data analytics.
(00:13:21)
Episode 16
The Invoice Headache that Can Be Eliminated
AP Now
Host:
Mary Schaeffer
In this episode of the AP Now podcast AP Now’s Mary Schaeffer addresses the issue of invoices without a purchase order number or the name of the person who placed the order. The lack of this data makes it difficult for accounts payable departments to process the invoice.
(00:13:43)
Episode 14
Fun Ways to Improve Morale—without Spending a Fortune
AP Now
Host:
Mary Schaeffer
In this episode, Mary Schaeffer, founder of AP Now and host of this podcast, addresses a lighter topic in honor of Independence Day in the US, the day when this episode was released. In it she addresses the issue of improving employee morale.
(00:23:09)
Episode 13
Vendor/Customer Collusion
AP Now
Host:
Mary Schaeffer
Guest:
Matt Skudera
In this episode of the AP Now podcast, Matt Skudera joins host Mary Schaeffer to discuss collusion, the difficulty of uncovering it and how organizations can both prevent it from happening and detect it once it has. The podcast discusses the ugly issue of collusion between a supplier and a customer for the purposes of defrauding one or both of the organizations.
(00:26:18)
Episode 12
Over-looked Excel Features
AP Now
Host:
Mary Schaeffer
Guest:
Bill Jelen
In this episode Bill Jelen (Mr. Excel) joins Mary Schaeffer for an episode that is both entertaining and educational. Jelen includes many behind-the-scenes anecdotes related to the creation of certain Excel features. The begins with a humorous tale of how Bill got started on the road to becoming Mr. Excel.
(00:16:37)
Episode 11
The Lack of Company Card Usage for Business Travel
AP Now
Host:
Mary Schaeffer
Guest:
Lynn Larson
AP Now’s Mary Schaeffer interviews Recharged Education’s Lynn Larson about the lack of a mandate to use a company card for business travel at so many organizations. The program begins with a sharing of some statistics from a survey conducted by AP Now, where Larson served as the lead researcher.
(00:14:31)
Episode 10
Authorized Push Payment Fraud
AP Now
Host:
Mary Schaeffer
In this episode entitled AP Now’s, Mary Schaeffer explains how Authorized Push Payment Fraud works. She begins by explaining the genesis of the fraud and then provides several different examples, as well as a quick overview of recently-passed legislation in the UK that protects victims of this type of fraud if they meet expected standards.
(00:17:06)
Episode 9
The AP Metric that Stinks, Why and What to Use Instead
AP Now
Host:
Mary Schaeffer
In this episode entitled The Accounts Payable Metric that Stinks, Why and What to Use Instead, AP Now’s Mary Schaeffer eviscerates this popular metric. She begins by explaining why folks spend the time to create metrics and how they are used.
(00:26:42)
Episode 8
5 Big Issues Impacting P2P
AP Now
Host:
Mary Schaeffer
Guest:
Ellen Leith
In this episode on the AP Now podcast, Mary Schaeffer is joined by Ellen Leith, founder of the Purchase to Pay Network. Ellen joins us from the UK to discuss the five biggest trends impacting the purchase-to-pay function, or as we call it on this side of the pond, the procure-to-pay function.
(00:13:58)
Episode 7
Evolving Nature of the AP Function
AP Now
Host:
Mary Schaeffer
In this episode, AP Now’s Mary Schaeffer evaluates the rapidly evolving nature of the accounts payable function. She bases her views on two polls conducted by AP Now and shares insights from two colleagues, as well.
(00:20:17)
Episode 6
The Impact of AI on AP
AP Now
Host:
Mary Schaeffer
Guest:
Eyal Feldman
Artificial intelligence (AI) and its impact on the accounts payable function is an issue causing concern among the accounting and accounts payable community. But that shouldn’t be the case asserts Stampli’s, Eyal Feldman. In this episode of the AP Now podcast, Mary Schaeffer helps clarify this point of view.
(00:24:50)
Episode 5
Authentication of Master Vendor File Data
AP Now
Host:
Mary Schaeffer
Guest:
Debra R. Richardson
In this episode on the AP Now podcast, Mary Schaeffer is joined by Debra R Richardson, an expert on master vendor file issues. They discuss the growing importance of authenticating all information going into the master vendor file as well as any changes made to existing data.
(00:13:19)
Episode 4
Boss Impersonation and Gift Cards
AP Now
Host:
Mary Schaeffer
Boss impersonation fraud is the newest type of payment fraud to hit the business world. In this episode, AP Now’s Mary Schaeffer explains exactly how this fraud works and then shares advice from the FBI on how to protect your organization against it.
(00:17:22)
Episode 3
Fixing Accounts Payable’s Broken Communication Channels
AP Now
Host:
Mary Schaeffer
Guest:
Eyal Feldman
This episode focuses on two-lost invoices that almost led to Eyal Feldman losing his job. He joins AP Now’s host, Mary Schaeffer to describe the event and discuss the lessons learned from that episode and how he used those lessons to build Stampli’s AP bot, Billy.
(00:21:42)
Episode 2
Apple Credit Cards
AP Now
Host:
Mary Schaeffer
Guest:
Lynn Larson
The announcement of a new Apple card has garnered quite a bit of interest in the payments and accounts payable communities. In this episode, AP Now’s Mary Schaeffer interviews Recharged Education’s Lynn Larson about this exciting new development.
(00:18:39)
Episode 1
Staying Current in AP or Paying the Cost
AP Now
Host:
Mary Schaeffer
The accounts payable function must change; for existing processes leave companies vulnerable to newer frauds, less competitive when other companies take advantage of new technologies and potentially out of regulatory compliance. AP Now’s Mary Schaeffer discusses three events that occurred in the last three years that have forced every organization to change the best practices it has used in their accounts payable functions.
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