Accounts Payable: From Accounting to Management

Accounts Payable: From Accounting to Management

The Important Role of Accounts Payable

. The big picture: Accounts payable and the Financial Health of Organizations

. The functions of Accounts Payable Department and Role of AP staff

. The meaning of managing Accounts payable

. Translating better AP Management into Better Financial Results

The Important Role of Accounts Payable

. The big picture: Accounts payable and the Financial Health of Organizations

. The functions of Accounts Payable Department and Role of AP staff

. The meaning of managing Accounts payable

. Translating better AP Management into Better Financial Results

Accounting essential for accounts payable:

. Accounts Payable Terminology

. General Ledger and sub-Ledger

. Preparing for Month End Close and Accruals

Accounts Payable Processes and Best Practices

. Invoice Handling and Routing

. Method of payment processing

. Maintaining the Vendor Master File

. Electronic Payment Options

Accounts Payable Management

. Operational Analysis and Benchmarking

. Culture of Continuous Process Improvement

. Applying Best Practices in your Organization

. Developing performance Metrics

The behavioral side of managing Accounts payable department:

. Improving the Image of AP Department

. Closing the Communication Gap

. Dealing with Internal and External Disputes

. Importance of Internal Customers Service

. Providing Customer Service to Vendors

. Identifying Proper Internal Controls

. The Annual Audit as an Added Value

. Impact of AP Outstanding

. Detecting Errors in AP Transactions