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image : Best Practices What exactly is a Best Practice?
This introduction to Best Practices is important, and you should make a point of reading it. But if you want to look at a Best Practice now, simply review the list on the navigation bar to your right. A Best Practice is strictly defined as a methodology or approach that consistently - almost always - delivers improved performance. The performance improvement needs to be clearly defined and measurable to meet this criteria. For a tightly defined process like Accountants Payable this is fairly straightforward. The process itself is highly comparable company to company, and performance measures are well established. When a new, innovative practice emerges, it can quickly and accurately be assessed as a best practice - or not.

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