Course Description
Finally! The training you need to be more effective and efficient immediately, and to avoid making mistakes that could cost your organization plenty!
As an accounts payable professional, we know you face enormous challenges
every day ”in the trenches.“
You’re under constant deadlines, your workload is overwhelming,
you have enormous responsibility and not enough authority — and
everyone thinks all you do is PAY THE BILLS!
Sound familiar? Sure it does. These frustrations have been expressed time and
again from the literally hundreds of AP professionals like you that we’ve had the
privilege to train and talk with over the years. And there’s yet another stressor
that comes along with your tough job: Even a single mistake on your part can
cost your company an enormous amount. That’s a lot of pressure!
But help is on the way, thanks to an incredible one-day workshop, Organizing & Managing Accounts Payable. We’ve condensed tons of information to
get to the essentials — the very latest proven AP techniques; accepted best
practices guaranteed to improve your accuracy and SAVE MONEY; and
techniques, tips, and shortcuts that will help you get more done in less time.
Here’s a sample of the skill-building instruction you’ll gain ...
- How-tos for organizing, streamlining, and managing your
enormous workload
- 6 crucial questions you should ask about every invoice
- Secrets to setting up files that will hold up under the scrutiny of an audit
- Update on current government regulations and requirements
- A fail-safe system that eliminates duplicate payments
- Tips for getting approvals and authorizations — without getting
headaches!
- Plus a Special Section on the latest in AP technology
Participants frequently say that what they love about this workshop is that it
provides more than just cutting-edge information. It also gives them the rare
opportunity to share ideas with peers who know where they’re coming from and
to learn from the experiences of other AP professionals. Who knew a day of
training could be so much fun!
So what are you waiting for? This workshop is the fastest and best way to
improve your AP skills and learn how to make your job easier — guaranteed.
Enroll right now while there’s still space available.
You’ll be glad you did!
Agenda
Success Elements of Highly Successful AP Pros
- Understanding your important role in your organization’s “big picture”
- How many “hats” do you wear? Why your job is much more than “paying the bills”
- Qualities that the best AP pros share
- A review of critical processes, systems and procedures
- SKILL PRACTICE: Testing your accounting knowledge
Super Shortcuts and Timesavers for Managing Your Workload — Without Sacrificing Accuracy
- Slick techniques for managing mountains of invoices
- 6 questions every AP pro must ask about each invoice
- Proven “how-to’s” for streamlining your payment process
- Tracking tips that ensure you’ve received what you’re paying for
- Maintaining current and accurate payment records without jumping through unnecessary hoops
- SKILL PRACTICE: Identifying your department’s biggest time-wasters — and how to eliminate them
Setting Up Internal Controls That Will Make Your Job Easier — Immediately!
- Your organization’s controls: How do they stack up?
- Setting up vendor number controls and receiver controls
- How to implement an easy, fail-safe system for eliminating duplicate payments
- Charging the expense to the right account — your role in ensuring accurate business records
- Surefire ways to spot — and stop — expense account padding
- SKILL PRACTICE: 4 actions to take to improve expense reporting in your organization
Major Money-Savers to Tap for Your Organization
- Early payment discounts: When are they a good deal, and when should you pass?
- Why you should keep manual checks to an absolute minimum
- "How-to’s" for negotiating your way out of paying late fees
- The most common costly AP errors and how to avoid them
- Recovery of VAT and GST: Does your organization qualify for this money-saver?
- SKILL PRACTICE: Understanding the pros and cons of often-debated common AP policies
Honing Your People Skills to Get What You Need — Without Getting a Headache!
- 7 hassle-free steps to getting approvals, documentation and complete information — the first time!
- Understanding the most important rule in the vendor/supplier relationships
- Tips for negotiating excellent payment terms
- SKILL PRACTICE: Brainstorming solutions for minimizing petty cash — and petty cash hassles
How to Set Up Audit-Proof Files and Records
- Secrets to setting up files that will hold up under the toughest scrutiny
- Making your files accessible without allowing others to mess them up
- What you need to know about year-end reporting, including 1099s
- UPDATE: Latest government requirements and regulations regarding how you should handle certain payments
SPECIAL SECTION: AP Technology and Trends
- Advantages and disadvantages of purchasing cards
- Latest advances in electronic document scanning
- How computer-based receiving impacts AP
- Making the most of what the Internet has to offer AP professionals
- What to look for in AP software that will work for you, not against you
- DISCUSSION: Emerging AP trends — and how to position yourself for future success!
Special Section: What You Need to Know About the Latest AP Technology
You’ll get up-to-the-minute information on ...
- Purchasing cards
- Computer-based receiving
- Document scanning
- 3-way match
- AP software
- E-commerce
- Online resources
- Emerging AP trends
Comments
Cancelation Policy: If you cannot attend an event, you may send someone else in your place. If that isn’t an option for you, cancellations received up to five working days before the event are refundable, minus a registration service charge ($10 for one-day events; $25 for multiple-day events). After that, cancellations are subject to the entire seminar fee, which you may apply toward a future seminar. Please note that if you don’t cancel and don’t attend, you are still responsible for payment.