Gaining Efficiencies in the Accounts Payable Process

Accounts Payable and Data Quality: Driving Sustained Improvement Through An Integrated Approach

Executive Summary/Abstract: Poor accounts payable data quality has a direct negative impact on an organization’s cash flow. Even so, many organizations still experience data quality problems in their accounts payable process. We have seen a variety of approaches used to assess and address this problem. However, these approaches tend to be applied in a “one off” manner and not in an integrated a...

Customer Concentration and bank loan contracts: Evidence from the Tehran Stock Exchange

Objective: The variables of customer concentration and bank loan contracts can affect corporate finance activities, and customer concentration may increase corporate returns. Methods: Under this study, the relationship between customer concentration and bank loan contracts have been investigated first and then the moderating effect of financial status variables and accounts payable on relation...

“ Money ” is the Reserves not the Money ∗

In this paper I will argue that the institutional implementations that we commonly include in our monetary aggregates are actually more similar to the concept of monetary base. I will also argue that the institutional implementation of accounts payable operates as money. This slightly translated definition implies that a new monetary aggregate that includes accounts payable may be useful for co...

High-Performance Accounts Payable

Accounts Receivable, Trade Debt and Reorganization

The optimal outcome of a firm in bankruptcy is to liquidate if its asset value is greater than its value as a going concern or, alternatively, to reorganize if it is worth more as a going concern. In this study, we identify firm asset and liability characteristics which may determine the likelihood of a firm successfully emerging from bankruptcy. We find two key factors influencing the success ...