Profiles

In most organizations, when field employees have questions about the accounts payable process – for instance if they want to find out when their supplier will be paid – their first instinct is to pick up the phone and dial the AP help desk. Once they get their answer, the employee is satisfied and goes...… Read More

Pacific Gas & Electric AP At a Glance Industry: Gas and ElectricityHeadquarters: San Francisco, Calif. Number of Employees: 20,930 Revenue: $14 Billion Accounts Payables: Centralized Accounts Payable Manager: Ben Shaeffer Director of Payment Services: Laurie Shakur Number of people in dept.: 25 AP Scope: AP is responsible for payments to all external entities as well...… Read More

Paperless Processing Improves AP Ratings Discovery Communications AP At a Glance Industry: Mass Media Revenue $8.5 billion Number of Employees 5,000 Organization: Centralized Shared Services – Silver Spring, MD. Number of Employees in U.S. AP: 13 Accounts Payable Director: Tammie Norman Scope: All U.S. and South America payments, excluding investments Monthly Volumes Paper Invoices: 200...… Read More

The American Red Cross AP At a Glance Industry: Not-for-Profit – Humanitarian Organization: Shared Services Center – Charlotte, N.C. Number of Employees in AP: 33 Accounts Payable Director: Mike Albano Senior Director of Finance Business Support: Mike Harris Scope: All payments, including travel and payment card Outsourced Functions Soon to outsource telecommunications and freight bills...… Read More

Zappos.com AP At a Glance Industry: Retail Headquarters: Henderson, Nevada Company Size: $1.014 Billion Gross Sales in 2008 Eployees: 1,280 Accounts Payable Organization: Centralized Senior Treasury Manager: Lakshan Fernando Treasury Analyst: Scott Schaefer Trade AP Supervisor: Crystal Toft Non-Trade AP Specialist: Jeanette Tupasi Number of people in AP: 9 AP Scope: All trade vendor payments...… Read More

Weight Watchers AP At a Glance Industry: Weight Loss Headquarters: Jericho, New York Number of Employees: 50,000 (includes employees and service providers) Revenue: $1.4 Billion Accounts Payables: Centralized for all U.S. operations (decentralized outside of U.S.) Director of Shared Services: Paul Signorelli Number of people in dept.: 7 full time, 1 part time (includes AP...… Read More

Parker Hannifin AP At a Glance Industry: Manufacturing Headquarters: Mayfield Heights, Ohio Number of Employees: 58,000 Revenue: $12.3 Billion Accounts Payable Organization: Decentralized Accounting Manager: Mark Bernardinetti Scope: Parker Hannifin's p-card program is Administered by Central Accounting Outsourced Functions Freight Bills, VAT Reclaim, Imaging Monthly Volumes: P-card Transactions: 42,000 T&E Reimbursements: 55,000 Monthly Disb… Read More

Much like the computers that they manufacture, Dell is a versatile organization. While their business model involves building computers to fit their customers' specific needs, finance executives have built the accounts payable operation to fit the company's changing needs. A few years ago, the Americas accounts payable at Dell was split into a four operations,...… Read More

Accounts payable departments are the last line of defense when it comes to money leaving the organization. Unless AP has proof that an invoice is accurate and for a legitimate purchase, they will not issue a payment. After all, you can never be too careful when it comes to the organization's cash. Despite this important...… Read More

Careful planning is needed to guarantee a painting comes out as the artist plans. Painters make deliberate choices about their subject, pigments, and even the material of the canvas. Not making these decisions can mean the difference between creating a masterpiece or just a pretty picture. The same can be said of major accounts payable...… Read More

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