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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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