Mary Schaeffer

APNow

Business EN ↓ 100 episodes

Worried about keeping up with changing best practices, fraud, technology, regulatory concerns, and new processes impacting your accounts payable function? The AP Now podcast, hosted by Mary Schaeffer, one of the leading accounts payable experts, is for you. Mary will be joined by other thought leaders and practitioners for some episodes. In others, she’ll examine a prevailing issue or trend by herself. This weekly broadcast is especially designed to provide the needed business intelligence related to the payment and accounts payable functions. It’s for those who work in, manage, have responsib...

Author

Mary Schaeffer

Category

Business

Podcast website

apnow.podbean.com

Latest episode

Jul 8, 2026

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Episodes

6 Surprisingly Simple AI Shortcuts: Eliminate Tedious Tasks and Help Solve Real Life Problems 04.12.2025

I’m about to show you six ridiculously simple AI tricks that saved me hours of boring, soul-sucking work — including one that’s so embarrassing I almost didn’t record this video. And of course, it’s the one that will probably save you the most time and aggravation. #aishorcuts #aiatwork #aiaccountspayable Over the next few minutes, you’ll hear: • how AI can summarize almost anything — even things...

Master Accounting Basics for Accounts Payable in LESS than 12 Minutes 13.11.2025

Modern business demand that the professionals working for them have good understanding not only of their immediate responsibility but of the basics of all related functions as well. Working, managing or having responsibility for the accounts payable function, the accounts receivable function, purchasing, treasury and a myriad of other related fields requires knowledge of certain basic accounting f...

ACH Payment Returned Here’s Exactly What to Do (With Examples) 14.10.2025

ACH payments are fast and convenient — until they fail. In this video, we break down **the most common ACH return codes** (like R01, R02, R10, and R29), explain **what each code means**, and show you **exactly how to fix the issue** quickly and efficiently. Whether you're in **accounts payable, accounts receivable, treasury, or finance operations**, understanding ACH return codes is critical to ke...

Career Mistakes Smart People Still Make in Accounting 10.10.2025

You may be sabotaging your own career - without realizing! Let’s examine five common mistakes professionals sometimes make that stall their careers. Sadly, it can take years to recover from these silent killers. And stick around for Career Killer #5—it’s something that’ll either skyrocket your future… or bury it if you ignore it #career #accountingcareer #accountspayablejob Link to Microsoft Copil...

Navigating ACH Like a Pro Avoid the Common Pitfalls 01.10.2025

One of the many benefits of making ACH payments is that when they fail, you know almost immediately. And while they fail far less frequently than checks get lost, bounce or are stolen, it does happen. And when that occurs, the ACH payment is returned, hence the term, ACH returns. A good understanding of why returns occur will allow you to create a process that minimizes returns and allows you to r...

Costly Accounts Payable Mistakes that Many Don’t Realize They Are Making 23.09.2025

Think your AP process is airtight? You might be leaking money and not even know it. Accounts Payable mistakes are quietly draining organizations—sometimes by millions—without setting off a single alarm. And here's the kicker: most teams have no idea it’s happening. These seemingly 'small' oversights are like slow leaks in a massive tank—silent, invisible, but deadly to your bottom line. In this se...

Mastering the Core Principles of Accounts Payable: Unlock the Secrets Behind Every Invoice 15.09.2025

Are you ready to elevate your accounting game and streamline your financial operations? In this video, we dive deep into the core principles of Accounts Payable (AP)—the backbone of every successful accounting and finance department. Whether you're a seasoned professional or just starting out, understanding AP fundamentals like invoice processing, three-way matching, payment terms, and internal co...

Why AccountingAccounts Payable Needs a Clear Policy and Procedures Manual—And How to Build One 09.09.2025

Unclear accounting and accounts payable policies and procedures can lead to costly errors, compliance risks, and team confusion. This session dives into the essential role of a well-crafted policy and procedures manual in accounting and accounts payable departments. Learn how to streamline workflows, prevent fraud, ensure audit readiness, and foster accountability—without drowning in bureaucracy....

How To Save Yourself When You Don't Know The Answer in a Job Interview 02.09.2025

What do you say in a job interview when you’re hit with a question you completely blank on? Freeze, fake it, or finesse it? Today, I’ll show you how to handle this situation like a pro — without tanking your chances. What can you do? We’ve got a few suggestions that will help you maneuver out of these tight spots. By the end of this video, you’ll have 5 proven ways to respond — and 1 risky move yo...

Expert Reveal: 5 Simple Mistakes Costing You PROFITS 26.08.2025

Here’s the simple, yet shocking truth that no one talks about: Over one-third of all invoices are not accurate … and you know which way those errors are going … not in your favor. Compounding the problem are invoices that get paid twice – and no, the supplier doesn’t automatically return the second payment – fraudulent invoices and payments made from statements and of vendor credits. Let’s take a...

The Hidden Truth In Notes to Financial Statements Exposed! 19.08.2025

I’m sure most high-level executives would not agree (at least in public) with what I am about to say about Financial Statements, but that isn’t going to stop me. Here it is. When a public company has unpleasant information that it is obliged to divulge to its shareholders and would prefer not to be questioned about, they will often bury it in the notes to the Financial Statement, if at all possibl...

Purchase Orders Explained: What Accounting Professionals Need to Know 12.08.2025

Purchase orders are those very common documents that impacts many different departments within an accounting organization – from the purchasing professionals who create them, to the sales department who receives them and sees to the fulfillment of the order, to the billing department who creates the invoice associated with that purchase order and finally to the accounts payable team who uses that...

The Payment Problem Few Acknowledge 05.08.2025

Blinded by the administrative ease and the back-office cost savings, many accounting and accounts payable professionals embrace recurring payments without setting up the appropriate controls to prevent some very common mistakes … and these errors can be quite costly indeed. We’re going to address some of the problems recurring payments introduce into the payment process and then the best practices...

Don’t Miss Out on These Sales Tax Holidays! 25.07.2025

Sales tax holidays are one more way to save a few dollars, both for yourself personally as well as your business. They are not offered in every state, in fact some of the larger states, like New York and California, don’t seem to have them, although Texas and Massachusetts do. We’re going to do a very brief run-down of the holidays we know about and then tell you what to do if you think you might...

Interview Tips: Strategies That Actually Work 22.07.2025

9 Unique and Powerful Interview Tips - ace your job interview by utilizing these simple strategies Link to End of Job Interview Questions And Answers [Winner Secrets] https://youtu.be/v6jekPb7nZc #jobinterview #interviewtips #accountspayableinterview Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1 Looking for more of the most current business intell...

What's A Good Invoice 15.07.2025

Is that invoice ready for payment? In accounts payable, best practice accounting organizations like to say, A good invoice gets a good payment. What makes an invoice good? It’s a lot more complicated than it might seem. Best practice accounts payable teams look at 8 different factors. Let’s look at them together. #accountspayable #threewaymatch #invoice #accounting Link to The Three-Way Match: Com...

The Biggest AP Automation Issues No One Talks about 10.07.2025

Costly overlooked issues that no one talks about could derail your accounts payable or accounting automation project. But once you know what they are, you can work around them AND recognize them when they arise. Link to The Managing Interruptions Survival Guide https://youtu.be/lAaVtX1Y1vU Subscribe for more tips and insights like this: https://www.youtube.com/APNow?sub_confirmation=1 Looking for...

Trial Balance vs Balance Sheet What's the difference 07.07.2025

Are the trial balance and the balance sheet the same thing? Of course not. But, confusion between the two is more common than you might imagine. Let’s take a look at both of them so you understand what they are, how each is used and how they are different. They are both used in accounting, accounts payable and finance. But that is about where the similarity ends. Make sure you stick around until t...

Bookkeeper’s Guide to Accounts Payable 24.06.2025

ookkeeping and accounts payable are closely connected, with many bookkeepers performing the accounts payable function. This guide is designed to ensure those doing that do so in a efficient and effective manner, while protecting against fraud and collecting all data necessary for complete regulatory compliance. This is harder than it sounds. #bookkeeping #bookkeepingtraining #accountspayable Link...

Cash Management: Best Payables and Receivables Practices that AREN'T! 17.06.2025

When it comes to cash management, sometimes accounting and finance professionals miss the big picture … and they miss it big time. They can’t see the proverbial forest for their focus on the single cash tree. Today we’re going to take a look at both sides of the equation – payables and receivables – where cash management can make a difference – and NOT always the way you’d expect, despite the best...

Critical Accounts Payable Document Problems 12.06.2025

Not understanding the nuances of the three critical accounts payable documents has caused more than a few accounting professionals countless hours of anguish. For one tiny misstep with regards to these documents can translate into duplicate payments, paying for something the supplier is supposed to pay for, paying too high a price or even worse, fraud. This means countless hours spent trying to ge...

Accounts Payable Management for Controllers 10.06.2025
Not Just Number Crunchers: 20 Fascinating Accounting Specialties 05.06.2025

When I read an article about the Big Beautiful Tax Bill that said it utilized a different type of accounting, I was incredulous. How was that possible? There are already many different types of accounting, 20 or more, depending on how you count. After some investigation, it turned out the writer was being facetious. But it did prompt me to do this review of the 20 different types of accounting. Yo...

5 Simple Upfront Vendor File Verifications that Most Overlook 03.06.2025

Time and again, organizations skip critical vendor setup checks when setting up new vendors in the master vendor file, setting themselves up for financial losses, operational nightmares, and worst of all—an irate boss or board of directors demanding answers. Make sure you stick around until the end when we discuss the one task that many take a lackadaisical approach to, an approach that makes them...

8 Untapped Ways to Use LinkedIn 28.05.2025

Think LinkedIn is just for job hunters? Think again. Even if you love your job and plan to stay put, skipping LinkedIn today is a huge mistake for accounting, accounts payable, finance, and treasury professionals. . It’s not just about checking for job openings, it’s the platform every professional interested in their long-term career needs to be on. Let me show you why and how you can take your c...

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