Select a Webcast

November 20, 2018
11:00AM - 1:00PM ET


December 28, 2018
11:00AM - 1:00PM ET



Course Description

Every organization has bills to pay. Paying bills can be a costly operation if handled poorly or if best practice procedures are not in place. What's more, many vendors now email invoices creating a whole raft of new issues including duplicated payments. Recent statistics from an AP Now survey reveal that over one-third of all companies now receive the majority of their invoices by email. Many organizations don't have a solid processing system in place and it's impacting the bottom line.

Once the prevue of only big companies, today there are now affordable automation options available that can address the issues described above. But how can you pick the right option? In this fast-paced two hour course, you will learn not only how to streamline your invoice processing by integrating best practices, but also how to evaluate the various invoice automation options available to companies of all sizes. We'll also provide the business intelligence financial professionals need to make recommendations to their clients for invoice handling process improvements.


Mary S. Schaeffer, MBA

Mary S. Schaeffer, MBA, has the inimitable ability to find accounts-payable-related solutions that really work—without making a major dent in the bottom line. Armed with a degree in math and a graduate degree in finance, she takes a “roll up your sleeves and dig into the details” approach to finding solutions to those problems that cause migraines for CFOs, controllers, and managers.

Fifteen years spent researching and writing about payment issues gives Mary a unique vantage point. Combine that with an almost equal amount of time spent in the corporate trenches of several large finance and treasury departments, and you’ll understand why she’s become known as America’s leading accounts payable expert.

A wide variety of institutions have taken advantage of her unique expertise: John Wiley & Sons has published over a dozen of her books; CRYSTALLUS, Inc. relies on her know-how to direct its professional publication, training, and consulting business; and the Institute of Financial Operations (IFO) turned to her to serve as its editor-in-chief, steering cutting-edge commentary into its Financial Ops magazine. She also developed the IFO’s Innovating Accounts Payable certificate program.

Mary shares her expertise in a variety of venues, giving 1-day seminars, as a guest speaker at regional and national events, and online in 25–30 webinars each year. For Western CPE, she produces self-study courses and webcasts.

She has a BS in mathematics from York College (CUNY) and an MBA in finance from New York University.

Course Specifics

Feb 12, 2017

Compliance Information

Qualifies for CA Fraud: No

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Note how your invoice processes and problems compare to others
  • Identify poor invoice handling practices that cause duplicate and erroneous payments
  • Create a best practice operation for invoice processing
  • Note the different types of invoice automation models
  • Integrate invoice automation into your organization's invoice handling process
  • Evaluate the impact of invoice automation in other countries on North American initiatives
  • Determine how your organization will pay for invoice automation

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