This edition, a first of its kind, is a practical case and evaluation of the payments processing time by the accounts payable function in a medium sized business with particular reference to suppliers of goods and services. The book is handy, simple and clear to follow. It is an invaluable reference for those involved in accounts payable. The contents of the book are based on real life experiences. To this effect, the book highlights the causes and repercussions of delayed payments to suppliers of goods and services. The points of delay in the payment of suppliers are clearly established in the book. With the points of delay in the payment of suppliers clearly established, management can focus its efforts in addressing the problems in those points in the payment process.