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How to Automate Accounts Payable For Your Business
March 22, 2022 @ 11:00 am - 12:30 pm EDT
Event Category:
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Accounts Payable is absolutely critical to running a successful business. Accounts Payable is the last line of defense against certain types of fraud, and it holds immense responsibility to manage cash, to comply with myriad regulations, and to operate efficiently to ensure that suppliers get exactly what they are promised, on time, every time.
Even so, A/P is often under-supported by investment leaving team members with manual processes driving everyday “hair on fire” drills, paper check processes that are unchanged in decades, and little capacity to make changes — even changes with huge ROI.
In this AP Summit (1st part of a multi series Webinar) we will cover 3 main strategic areas of Accounts Payable:
- Supplier Vetting and the KYS (Know Your Supplier) Standard
- State of the Art in Payment Methods
- AP Best Practices to Create Value
LEARNING OBJECTIVES
- Understand Supplier Vetting and the KYS (Know Your Supplier) Standard
- Learn about the latest State of the Art in Payment Methods
- Study AP Best Practices used by other peer organizations to Create Value
Level Intermediate
CAE (Subject Domain) Operations
Prerequisites and advance preparation needed 1 years operations experience. No advance preparation required
Reviewer Wade Tetsuka, CPA
CPE/CAE Credits 1.5
Cost Free
Delivery Group Internet Based