Accounts Payable - Planning, Organising and Achieving Best Practice

Course Info

Length: 1 Week

City: London

Type: In Classroom

Available Dates

  • July-29-2024

    London

  • Aug-05-2024

    London

  • Sep-02-2024

    London

  • Sep-30-2024

    London

  • Oct-07-2024

    London

  • Nov-04-2024

    London

  • Dec-02-2024

    London

  • Dec-30-2024

    London

Dates in Other Venues

  • July-22-2024

    Dubai

  • July-22-2024

    Amsterdam

  • July-29-2024

    Barcelona

  • Aug-05-2024

    Amsterdam

  • Aug-12-2024

    Kuala Lumpur

  • Aug-12-2024

    Paris

  • Aug-12-2024

    Istanbul

  • Aug-12-2024

    Singapore

  • Aug-19-2024

    Paris

  • Aug-19-2024

    Singapore

  • Aug-26-2024

    Dubai

  • Aug-26-2024

    Barcelona

  • Sep-02-2024

    Amsterdam

  • Sep-09-2024

    Kuala Lumpur

  • Sep-09-2024

    Istanbul

  • Sep-16-2024

    Singapore

  • Sep-16-2024

    Paris

  • Sep-23-2024

    Dubai

  • Sep-23-2024

    Amsterdam

  • Sep-30-2024

    Barcelona

  • Oct-07-2024

    Amsterdam

  • Oct-14-2024

    Kuala Lumpur

  • Oct-14-2024

    Istanbul

  • Oct-21-2024

    Paris

  • Oct-21-2024

    Singapore

  • Oct-28-2024

    Dubai

  • Oct-28-2024

    Barcelona

  • Nov-04-2024

    Amsterdam

  • Nov-11-2024

    Istanbul

  • Nov-11-2024

    Kuala Lumpur

  • Nov-18-2024

    Paris

  • Nov-18-2024

    Singapore

  • Nov-25-2024

    Barcelona

  • Nov-25-2024

    Dubai

  • Dec-02-2024

    Amsterdam

  • Dec-09-2024

    Kuala Lumpur

  • Dec-09-2024

    Istanbul

  • Dec-16-2024

    Singapore

  • Dec-16-2024

    Paris

  • Dec-23-2024

    Dubai

  • Dec-23-2024

    Amsterdam

  • Dec-30-2024

    Barcelona

  • Jan-06-2025

    Singapore

  • Jan-06-2025

    Paris

Course Details

Course Outline

5 days course

 

Accounts Payable, Financial Accounting and the Supply Chain

 

  • Accounting and financial information: Accounts Payable in context
  • Sources of finance
  • The supply chain
  • Financial position and financial performance
  • Cash flow and Working Capital
  • Why is cash flow so important?

 

Achieving World Class in Accounts Payable Processes

 

  • Defining Best Practice in AP
  • Moving beyond P2P
  • Managing Risk
  • Principles of Best Practice
  • End to End AP Process
  • Defining the issues in Accounts Payable

 

Improving Invoice Processing and Operational Management
  • Invoice Handling and Approval Processes
  • Verifying invoice data
  • Paying “low value” items
  • How to avoid duplicate payments
  • Making the best use of staff time: limiting telephone calls to AP
  • Does Petty cash management belong in Accounts Payable?

 

Harnessing Technology in Accounts Payable Processes

 

  • Master Vendor File Management – getting it right from the start
  • Travel & Entertainment
  • Policy management
  • Cash advances and employee reimbursement
  • Process improvement through imaging and workflow
  • Using the internet for AP effectiveness

 

Making the Payments and Maintaining the Relationships

 

  • Communications & Customer Relations
  • Payments status information for vendors and internal customers
  • Improving Procure to Pay(P2P)Cycle
  • Payments and Payment Solutions: Accounts Payable or Treasury?

Course Video