About

RAS AP Consulting LLC is a specialized Accounts Payable governance and workflow advisory firm and the creator of Managed AP Governance™, a newly formalized industry category that establishes a governed, end‑to‑end operating model for Accounts Payable. Managed AP Governance™ integrates workflow oversight, supplier‑risk controls, payment governance, compliance structure, and automation orchestration into a unified discipline designed to strengthen financial operations and reduce organizational risk.

Founded by Rosemarie A. Smith, a 30‑year AP Control & Compliance practitioner and industry Subject Matter Expert, RAS AP Consulting partners with mid‑market and enterprise organizations to modernize AP operations through structured governance, fraud‑risk mitigation, and audit‑ready lifecycle design. The firm is recognized for deep expertise in vendor master modernization, IRS 1099 compliance, vendor tax classification, payment controls, segregation‑of‑duties alignment, and AP workflow remediation.

RAS AP Consulting’s work centers on building resilient AP environments that support data integrity, operational clarity, and scalable digital transformation. The firm provides independent oversight of AP automation programs, ensuring that workflow design, exception management, supplier onboarding, and payment processes align with governance standards and industry‑accepted control frameworks. This governance‑first approach enables organizations to reduce exposure to fraud, strengthen compliance posture, and improve the reliability of financial operations.

To support the implementation of Managed AP Governance™, RAS operates a Governed AP Ecosystem Partner Model. This model brings together leading technology providers—including Esker, Corpay, Ramp, Morado, and Onix—to deliver the automation, payments infrastructure, supplier‑risk intelligence, and workflow enablement required to operationalize governance at scale. Within this ecosystem, RAS sets the governance direction while partners provide the technical capabilities that support AP modernization and long‑term operational resilience.

RAS AP Consulting also serves as a Subject Matter Expert for the Institute of Financial Operations & Leadership (IFOL), contributing AP governance education, professional training, and industry development for global finance practitioners. The firm supports IFOL’s curriculum through webinars, thought leadership, and structured learning programs focused on AP governance, fraud prevention, internal controls, and 1099 compliance.

Through Managed AP Governance™, RAS AP Consulting is advancing the discipline of AP governance and helping organizations adopt a more structured, insight‑driven approach to financial operations. The firm’s mission is to equip AP and Finance teams with the governance rigor, operational clarity, and strategic alignment needed to operate confidently, reduce risk, and support long‑term organizational growth.