User:MarySchaeffer/Mary S. Schaeffer

Mary Schaeffer, a business and financial writer, is a nationally recognized accounts payable expert.

As one of her missions she believes in promoting the cause of the accounts payable professional and making the business community at large aware of the issues related to accounts payable. Many take the "you-get-a-bill-you-pay-it-what;s-the-big-deal" attitude towards accounts payable issues. What they fail to realize is this point of view leads to numerous problems which affect the organization's bottom line - and not in a good way.

She is relentless in her advocacy for strong internal controls within the accounts payable function and believes that a well-run accounts payable operation actually costs an organization less than one that is run in a slipshod manner and ignored. That's why she advocates regular training for the accounts payable staff and higher salaries, where appropriate.

Ms. Schaeffer has an MBA in finance and is the author of over a dozen business books including The CFO and Controllers’ Guide to Accounts Payable and the recently published Fraud in Accounts Payable: How to Prevent It. John Wiley & Sons is the publisher of most of her books.

She also is a regular contributor to the AICPA’s Corporate Finance Insider.

Ms. Schaeffer has a BS in Math from York College (CUNY) and a MBA in Finance from New York University.

Books by Mary S. Schaeffer

•	Fraud in Accounts Payable: How to Prevent It (John Wiley & Sons September 2008) •	New Payment World: A Manager's Guide to Creating an Efficient Payment Process (John Wiley & Sons 2007) •	Travel and Entertainment Best Practices (John Wiley & Sons 2007) •	Controller and CFO's Guide to Accounts Payable (John Wiley & Sons 2006) •	Accounts Payable and Sarbanes-Oxley: Strengthening Your Internal Controls (John Wiley & Sons 2006) •	The Future of Accounts Payable (CRYSTALLUS, Inc. 2006) •	Accounts Payable: A Guide to Running an Efficient Department First edition, Second edition and Supplements (John Wiley & Sons, 1998, 2000, 2001, 2002, 2003, 2004) •	Accounts Payable Best Practices (John Wiley & Sons 2004) •	Essentials of Accounts Payable (John Wiley & Sons 2002) •	Essentials of Credit, Collections and Accounts Receivable (John Wiley & Sons 2003) •	International Credit and Collections (John Wiley & Sons 1999) •	Understanding Interest Rate Swaps (McGraw Hill 1994) •	Your Dream Vacation Home (McGraw Hill 1992) •	Triumph Over Tragedy (with John Duffy, John Wiley & Sons 2002)

She can be reached through the AP Now website.