How to Better Organize, Control and Manage Accounts Payable

Staying organized and promptly meeting every due date puts a lot of pressure on you and your staff. You work long hours and put in overtime to see that every bill is paid on time. And because every payment is different, you are required to monitor all activity with the eye of an eagle to prevent any error or over sight.
This workshop presents you how to better organize, control and manage accounts payable.

CONTENT:
Importance of accounts payable
· Qualities of the best accounts payable
· Authority and responsibility
· Critical processes and procedures
· Your organizations reputation depends on you

Organize your accounts with ease
· A reliable tracking system
· Records management techniques
· How to guarantee swift payment of invoices that trickle in late

Setting up internal controls
· Organization’s control
· Vendor number controls and receiver controls
· Eliminating duplicate payments

Major Money Savers to tap for your Organization
· Early payment discounts
· Negotiating excellent payment terms
· The most common costly account payables errors and how to avoid them

Accounts payable technology and trends
· Electronic document scanning
· Accounts payable software
· Computer based accounts payable

FOR WHOM: Accountants, Directors, Financial Managers, Accounts Payable Managers and Staff, Controllers, Sales and Marketing Manager, Treasurers and others who perform related functions in the Public and Private Sectors.

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: 14th – 17th Apr, 2025
2ND BATCH: 28th – 31st Oct, 2025