{"id":2393,"date":"2017-02-27T06:50:50","date_gmt":"2017-02-27T06:50:50","guid":{"rendered":"http:\/\/wp.acit-consulting.com\/?page_id=2393"},"modified":"2021-04-05T04:54:52","modified_gmt":"2021-04-05T04:54:52","slug":"ap-strategy","status":"publish","type":"page","link":"http:\/\/acit-consulting.com\/?page_id=2393","title":{"rendered":"Ap Strategy"},"content":{"rendered":"[vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1617597663033{background-image: url(http:\/\/dodinfotech.in\/new-project-hgk\/wp-content\/uploads\/2017\/02\/ss-2-bg.jpg?id=2558) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_column][vc_empty_space height=&#8221;100px&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]\n<h1 style=\"margin: 0; color: #c03030; font-weight: bold; letter-spacing: 3px;\">Ap Strategy<\/h1>\n[\/vc_column_text][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;2\/3&#8243;][vc_row_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;2207&#8243; img_size=&#8221;full&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_column_text]\n<h4 style=\"margin: 0; color: #c03030; font-weight: bold; letter-spacing: 3px;\">Account Payable strategy<\/h4>\n<p>Historically the management of accounts payable by financial services organizations has been poor. As cash rich organizations the imperative for tight control on expenses that manufacturing companies apply was not regarded as important This has lead to a number of common themes[\/vc_column_text][vc_column_text]\n<ul>\n<li>Inefficient multiple processes in multiple locations<\/li>\n<li>Multiple suppliers<\/li>\n<li>Loss of purchasing power such as discounts<\/li>\n<li>Bad publicity through slow payment of creditors<\/li>\n<li>Poor financial control<\/li>\n<\/ul>\n[\/vc_column_text][vc_column_text]Recent competitive pressure on margins has forced many of these companies to reconsider the importance of having an efficient accounts payable function. Companies have considered improvements in the following areas:[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_column_text]\n<h4 style=\"margin: 0; color: #c03030; font-weight: bold; letter-spacing: 3px;\">Cost<\/h4>\n[\/vc_column_text][vc_column_text]\n<ul>\n<li>Multiple suppliers<\/li>\n<li>Loss of purchasing power such as discounts<\/li>\n<li>Bad publicity through slow payment of creditors<\/li>\n<li>Poor financial control<\/li>\n<\/ul>\n[\/vc_column_text][vc_column_text]\n<h4 style=\"margin: 0; color: #c03030; font-weight: bold; letter-spacing: 3px;\">Purchasing<\/h4>\n[\/vc_column_text][vc_column_text]\n<ul>\n<li>Rationalization of the supplier database<\/li>\n<li>Loss of purchasing power such as discounts<\/li>\n<\/ul>\n[\/vc_column_text][vc_column_text]\n<h4 style=\"margin: 0; color: #c03030; font-weight: bold; letter-spacing: 3px;\">Financial Control<\/h4>\n[\/vc_column_text][vc_column_text]\n<ul>\n<li>Implementation of purchase orders and good received notes<\/li>\n<li>Reviews of authority limits<\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1617597663033{background-image: url(http:\/\/dodinfotech.in\/new-project-hgk\/wp-content\/uploads\/2017\/02\/ss-2-bg.jpg?id=2558) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_column][vc_empty_space height=&#8221;100px&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text] Ap Strategy [\/vc_column_text][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;2\/3&#8243;][vc_row_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;2207&#8243; img_size=&#8221;full&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_column_text] Account Payable strategy Historically the management of accounts payable by financial services organizations has been poor. As cash rich organizations the imperative for tight control on expenses that manufacturing companies apply was not regarded as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"0","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2393","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/acit-consulting.com\/index.php?rest_route=\/wp\/v2\/pages\/2393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/acit-consulting.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/acit-consulting.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/acit-consulting.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/acit-consulting.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2393"}],"version-history":[{"count":11,"href":"http:\/\/acit-consulting.com\/index.php?rest_route=\/wp\/v2\/pages\/2393\/revisions"}],"predecessor-version":[{"id":2654,"href":"http:\/\/acit-consulting.com\/index.php?rest_route=\/wp\/v2\/pages\/2393\/revisions\/2654"}],"wp:attachment":[{"href":"http:\/\/acit-consulting.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}