Effectively Managing & Organising Accounts Payable: Improving efficiency, productivity and processes (Accounts Payables Management)
Course details:
Accounts payable (AP) is not just processing payments and then filing the backup paperwork. To truly and effectively manage accounts payable, one must understand that AP includes, but not limited to customer service, vendor management and Purchase Orders (POs).
This course will discuss how to handle invoices, process payments, prevent errors, conduct annual audits, and use technology in the department. You will also learn the best practices to adopt in your AP department and how to develop your department into an efficient and effective business partner.
By the end of the course, participants will be able to: •Identify the function of Accounts Payable (AP) and its role in organizations •Use accounting principles related to accounts payable •Describe how to take a successful lead in the management of accounts payable •Assess AP operations and processes and recommend improvements using the latest best practices •Evaluate main issues affecting AP staff in order to increase their efficiency and productivity •Apply tools and techniques in Microsoft Excel to effectively manage and monitor AP performance
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Managers of accounts payable, AP staff and professionals as well as clerks and specialists who wish to advance their career. The course is also beneficial to professionals in accounting, finance, purchasing and procurement who work closely with Accounts Payable.
Three days |