5 AP Practices You Think You’re Doing Right… But Aren’t

Every time someone says, “How complicated could Accounts Payable really be?” you can bet the organization is already losing money — through preventable errors, weak controls, and overlooked compliance risks.

In this video, we break down 5 foundational AP practices that accounting and finance teams think they’re doing correctly… but often aren’t. More importantly, we dig into where AP processes actually fail — the exact points where losses, fraud, and compliance issues begin.

What You’ll Learn

• Accounts Payable best practices

• AP process improvement strategies

• Three‑way match problems and invoice verification errors

• P2P internal controls and separation of duties

• AP fraud prevention and detection protocols

• 1099 compliance, W‑9 verification, and regulatory requirements

• AP automation pitfalls and digital transformation challenges

• Paperless AP workflows and electronic payment controls

• Duplicate invoice prevention and extinguishing errors