Accounts Payable: From Accounting to Management
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Course Details
- Introduction
- Objective
- Who should attend
- Course Location
The organisation of the accounts payable function and the management of the accounts payable role are of vital importance to the effective control of working capital and therefore cash flow. Documented strategies and tactics employed by highly admired companies are presented both successful and unsuccessful to illustrate the real-world functionality of each process and approach.
Accounts Payable (AP) is not just processing checks, mailing them and then filing the backup paperwork. To truly and effectively manage accounts payable, one must understand the AP department's building blocks including, but not limited to customer service, vendor management, check requests and Purchase Orders (POs).
Accounts Payable - From Accounting to Management Training course provides businesses and other organizations with a strong sense of where they stand against industry leaders and shows them how to take their services and organizational processes to state-of-the-art levels.
Course Outline
The Big Picture: Accounts Payable and the Financial Health of Organizations
- The Important Role of Accounts Payable (AP)
- The Meaning of Managing Accounts Payable
- The Functions of Management
- The Functions of Accounts Payable Department and Role of AP Staff
- Accounts Payable Impact on Working Capital and Cash Management
