At Amazon you can buy what probably is the most recent publication on AP Automation. It is called “The 8 Pitfalls of Accounts Payable Automation”. It comes with an even more interesting subtitle: “Not knowing will hurt when automating the AP process”.

Christopher Elmore wrote The 8 Pitfalls of Accounts Payable Automation to make the transition to the future less risky. Between 2000 and 2006 I personally managed 79 AP Automation projects. With that experience he was able to identify 8 areas where his clients had trouble. Some did better than others, but if the 8 areas were not addressed they all were in trouble.

So read the book… Take the advice… Give some love to Christopher….and And stay out of the PIT!

The eight pitfalls of Accounts Payable automation

There are 8 sections of The 8 Pitfalls of Accounts to your  company’s specific needs:

1. Your Current Environment
   Understanding who your company is  and where you are - will keep you out of the pit
2. The Selection
   Making assumptions with service providers  will put you in the pit.
3. The Organization
   Doing your homework before the project will keep you out of the pit.
4. The Project
   Perception is not reality, keeping the project organized and in control will keep you out of the pit.
5. The Vendors
   Poor or misdirected communication can put you in the pit!
6. The Training And Going Live
   Keeping training in the proper  perspective will keep you out of the pit
7. The Evaluation
   AP Automation is not an event! In order to stay out of the pit you need to be, continually improving.
8. The Future
   Having an idea of what is to come will keep you out of the pit.