This training program will help attendees examine if their AP department matches world-class standards. Attendees will learn key success factors to an optimal accounts payable operation. They will also gain in-depth knowledge of the must-have technologies for any AP operation and learn how to design processes to fully leverage those capabilities. The webinar will also discuss balancing controls with efficiency and how to create a fraud-proof department. Attendees will learn about the most important metrics for any AP department and how to develop strategies to improve those metrics.
WHY SHOULD YOU ATTEND?
Updates and challenges in the industry addressed in the webinar will include:
- Accounts payable departments are changing as new technologies eliminate many transaction-based tasks. They must evolve to create processes that leverage these technologies to provide better controls and increased efficiency. During this session, the webinar instructor will discuss the many challenges that account payable departments face and how to rise above those challenges to create a world-class AP operation.
- AP departments face many technology options, however, budgets are limited. Selecting the right technologies to prioritize and implement those technologies is a concern for AP leaders. This session will review the variety of technologies and discuss the functionality that is essential to a successful AP operation.
- Fraud and mistakes can be very costly and every AP department is at risk. However, controls can slow down AP operations and impact the ability to properly serve internal and external customers. The course will discuss the most important controls, and how to balance these controls with the need to be efficient.
- AP leaders need information in order to be able to make the best possible decision and to identify and address bottlenecks in the procure-to-pay process. Measuring the right metrics will allow an AP department to implement changes to improve service. This session will also discuss the right metrics to measure and how to create a culture of continuous improvement within your AP operation.
The strategies discussed will apply to companies of all sizes, from large organizations operating in shared service centers as well as smaller organizations or those with decentralized operations.
LEARNING OBJECTIVES
- Modern AP department challenges
- Must-have AP technologies
- How to select and implement these technologies
- Impact of technologies on process design
- Creating controls to reduce the risk of fraud or costly errors
- AP customer service concepts and techniques
- Payment strategies to improve cash flow and create revenue
- The changing role of AP
- Metrics that every AP department should use
- Developing an improvement strategy around metrics
- Changing the perceptions of AP within your organization
WHO WILL BENEFIT?
- Accounts Payable Managers and Directors
- Chief Financial Officers
- Vice Presidents of Finance
- Procure to Pay Leaders
- Shared Service Leaders
- Treasury Leaders
- Accounting Manager
- Accounting Professional
- Tax Managers
- HR Manager
- Hr Directors
Updates and challenges in the industry addressed in the webinar will include:
- Accounts payable departments are changing as new technologies eliminate many transaction-based tasks. They must evolve to create processes that leverage these technologies to provide better controls and increased efficiency. During this session, the webinar instructor will discuss the many challenges that account payable departments face and how to rise above those challenges to create a world-class AP operation.
- AP departments face many technology options, however, budgets are limited. Selecting the right technologies to prioritize and implement those technologies is a concern for AP leaders. This session will review the variety of technologies and discuss the functionality that is essential to a successful AP operation.
- Fraud and mistakes can be very costly and every AP department is at risk. However, controls can slow down AP operations and impact the ability to properly serve internal and external customers. The course will discuss the most important controls, and how to balance these controls with the need to be efficient.
- AP leaders need information in order to be able to make the best possible decision and to identify and address bottlenecks in the procure-to-pay process. Measuring the right metrics will allow an AP department to implement changes to improve service. This session will also discuss the right metrics to measure and how to create a culture of continuous improvement within your AP operation.
The strategies discussed will apply to companies of all sizes, from large organizations operating in shared service centers as well as smaller organizations or those with decentralized operations.
- Modern AP department challenges
- Must-have AP technologies
- How to select and implement these technologies
- Impact of technologies on process design
- Creating controls to reduce the risk of fraud or costly errors
- AP customer service concepts and techniques
- Payment strategies to improve cash flow and create revenue
- The changing role of AP
- Metrics that every AP department should use
- Developing an improvement strategy around metrics
- Changing the perceptions of AP within your organization
- Accounts Payable Managers and Directors
- Chief Financial Officers
- Vice Presidents of Finance
- Procure to Pay Leaders
- Shared Service Leaders
- Treasury Leaders
- Accounting Manager
- Accounting Professional
- Tax Managers
- HR Manager
- Hr Directors
Speaker Profile
Brian G. Rosenberg, CEO of TRG Consulting, is a leading expert in AP automation and process improvement. He has over 15 years in the design of accounts payable shared service centers and nearly 20 years of experience with the implementation of accounts payable solutions. Mr. Rosenberg is also the chairman of the editorial board for Financial Operations Matters magazine and is a published author, and speaker, on procure-to-pay best practices.
Upcoming Webinars
How to Write Contracts for Procurement Professionals
Sunshine Act Reporting - Clarification for Clinical Research
How to Deal with Employees Who Love to Argue and Debate Eve…
Project Management for administrative professionals
ChatGPT and Project Management: Leveraging AI for Project M…
Onboarding Best Practices for 2025: Proven Strategies to Po…
Terminating Toxicity: Strategies For Leaders To Confidently…
Transform Data into Insights: A Beginners Guide to Excel Pi…
Reprogramming your mind for Corporate Excellence: 4 Steps t…
How to Write Effective Audit Observations: The Principles f…
How to Manage the Legal Landmine of the FMLA, ADA and Worke…
Uplifting the Credibility of HR: How to Build the Credibili…
Performance of Root Cause Analysis, CAPA, and Effectiveness…
Bridging Generational Divides in the Workplace
Strategic Interviewing & Selection: Getting the Right Talen…
Onboarding Best Practices for Millennial and All Employees
2-Hour Virtual Seminar on How to Conduct an Internal Harass…
FDA Audit Best Practices - Do's and Don'ts
Emotional Intelligence: Mastering the Emotions of Great Lea…
Unlock Employee Loyalty: Stay Interviews Will Keep Them Eng…
Accounting For Non Accountants : Debit, Credits And Financi…
Successful Strategies for FDA Expedited Pathways for Your D…
Regulation update Q1 2025: New and Proposed Regulations for…
Pay Transparency in Action: Strategies for Building Trust a…
Designing Employee Experiences to Build a Culture of Compli…
Developing and Implementing Quality Culture in the Organiza…
Excel Lookup Functions: VLOOKUP, HLOOKUP, and XLOOKUP Made …
Break Free from Toxicity: Reclaim Your Power and Peace
Tips and Techniques for Conducting an Effective Fraud Risk …
Physician Employment Agreements: Problem Areas that can be …
Measure the Effectiveness of Compliance Programs by Engagin…
FDA Regulation of Artificial Intelligence/ Machine Learning
Navigating 2025 Employment Laws: What Every Employer Needs …
Implementing an Effective Human Error Reduction Program
Cleaning Data without Complex Functions - A Course for Data…
Succession Plan for 2025: It's Not Just for Emergencies - I…
Employers Should Prepare for Immigration Raids in 2025! Thi…
Managing Toxic Employees: Strategies For Leaders To Effecti…
Using High-Performance Coaching for Managers to Address Per…
6-Hour Virtual Seminar on Learning the Highlights of Excel …
Principles & Practices for the Cybersecurity of Legacy Medi…