Complete Accounts Payable: From Accounting to Management

Objectives:

• Understand the fundamentals of accounts payable and its role in financial management
• Learn best practices for managing invoices, payments, and vendor relationships
• Explore strategies for improving efficiency, compliance, and fraud prevention

Fundamentals of Accounts Payable

• Overview of accounts payable in financial accounting
• Key roles and responsibilities in AP management
• AP workflow: invoice processing to payment execution
• Compliance and regulatory requirements

Optimizing Accounts Payable Processes

• Efficient invoice management and approval workflows
• Payment strategies: early payments, discounts, and cash flow management
• Technology and automation in accounts payable
• Internal controls and fraud prevention measures

Strategic AP Management and Reporting

• Vendor relationship management and negotiation techniques
• AP performance metrics and reporting tools
• Financial analysis and the impact of AP on business decisions
• Future trends in accounts payable and digital transformation

FOR WHOM: Accountants, Auditors, Treasurers, Credit Managers, Accounts Payable Managers, Sales Marketing Managers and others who perform related functions.

Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.

DATE:
1ST BATCH: 3rd – 6th June,2025
2ND BATCH: 16th – 19th Dec,2025