Mary S. Schaeffer
books, newsletters, articles etc.

New Payment World

To get a 15% discount on this book, or any book published by John Wiley & Sons click on the title below the picture of the book, and then go to the Wiley link on that page (towards the bottom of the page).

New Payment World: A Manager's Guide to Creating an Efficient Payment Process

In the past five years, the number of electronic payments that U.S. companies have made has doubled while the number of checks written has started to decline. With increasingly more vendors requiring their customers to pay electronically, corporations will be seeking guidance on the alternatives that are available to them. That guidance is here.

Holding conventional payment functions up to the light of day, New Payment World: A Manager's Guide to Creating an Efficient Payment Process is a revolutionary guide to creating a successful electronic payments process for the modern corporation. Insightful and highly readable, its practical approach to the payment alternatives available to corporations provides an abundance of best practice ideas for accounting managers, auditors, and CFOs.

Written by esteemed author and accounting expert Mary Schaeffer, New Payment World begins with an eye-opening overview of how organizations of all types are paying their bills today and how they think they will be paying invoices five years from now. This guide covers a myriad of topics, including:

* International payments and letters of credit

* The underpinnings of the payment tools currently in use in business-to-business interactions

* An in-depth analysis of payment tools including paper checks, wire transfers and electronic data interchange, p?cards, e-payments, ACH credits and debits, and use of the petty cash box

* Outsourcing

* Sarbanes-Oxley and internal controls

* Check fraud: Prevention tools and techniques

* ACH fraud: Prevention tools and techniques

A thorough introduction to every aspect of the payment process, New Payment World is an authoritative guide filled with immediately useful advice to setting up the payment process that works best for your organization.

Mary Schaeffer's Books

The way organizations of all sizes are paying their bills is changing, and changing rapidly. New technologies and approaches are making paper checks obsolete. This ground breaking book takes a look at how anyone can create a cost efficient controlled payment process for their organization. ________________
An in-depth look at practices every organization should be using to keep T&E expenses under control and prevent T&E fraud - while running an efficient operation. ________________
The book that answers the perennial question that regularly pops into the minds of Controllers and CFOs: Why’s my accounts payable manager doing that?
An extensive review of internal controls in the accounts payable funciton
Identifies both best and worst pracices used in Corporate America today. ________________
written with Keefe Bruyette & Woods Chairman, John Duffy with contributions from KBW employees ________________
a primer for those looking for information about business credit and collection issues ________________
A primer for those just starting out as well as those who manage the department. HINT: Accounts payable is alot more than just paying bills ________________
A comprehensive handbook for those managing the accounts payable function or "the Bible" as one business executive calls it ________________
In addition to the books shown here, Ms. Schaeffer has written books about Business Credit, Real Estate and Derivatives. ________________