Global AP: 14 Tips Ease The Challenges Of Managing Int'l AP
Source: Accounts Payable 360
When an organization goes global, AP has to go global right along with it. But you'll fare just fine no matter what country your organization lands in if you follow the advice given in the paper. There are many challenges in managing global AP, but they all revolve around several key issues: the language barrier, communication, local culture, time differences, currency conversions, and local payment types.