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Accounts Payable Management

Background

Accounts Payable are the payments a business owes to suppliers for goods or services purchased on credit; a type of short-term debt. Accounts payable are often referred to as "payables." The main…

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Payments - Disbursements

How to avoid duplicate payments

by CTMfile

The US Institute of Internal Auditors has found that duplicate payments make up 0.5% of annual invoice payments.