Building a World Class Accounts Payable Operation: P2P, AP

Duration: 60 Minutes
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 on 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.
Accounts Payable Best Practices
Instructor: Brian G Rosenberg
Product ID: 502785
Objectives of the Presentation
  • 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
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
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 de-centralized operations.

Who will Benefit
  • Accounts Payable Managers and Directors
  • Chief Financial Officers
  • Vice Presidents of Finance
  • Procure to Pay Leaders
  • Shared Service Leaders
  • Treasury Leaders
$300
Recorded Session for one participant
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How it works
Live Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • The webinar joining link, username and password for joining the webinar will be updated on your OCP Account 24 hours prior to the webinar
  • Presentation handouts in Downloadable PDF format will be updated on your OCP Account 24 hours prior to the live session
  • Login to the audio conference on the scheduled date and time
  • Get answers to your queries through interactive Q&A sessions via chat at the end of the session
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account 24 hours after the completion of the session
  • Please let us know your thoughts and views at the end of the webinar, your valuable feedback will help us improve
Recorded Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • Upon purchase of the recorded session a link will be updated on your OCP Account within 24 hours
  • Please click on the link to access the Recorded Session
  • Presentation handouts in downloadable PDF format will be updated on your OCP Account within 24 hours of the purchase of the product
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account after 48 hours of the product Purchase
  • Please share your valuable Feedback at the end of the session
Instructor Profile:
Brian G. Rosenberg, chief executive officer of TRG Consulting, is a leading expert in AP automation and process improvement. He has over 15 years experience in the design of accounts payable shared service centers, and nearly 20 years of experience with 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.

Mr. Rosenberg has assisted companies of all sizes with scaling and growing their businesses. He has helped companies to select and implement key technologies and led large business transformation projects. He has guided small and mid-size firms with developing growth strategies and developing scalable processes. He provides regular presentations at industry conferences and has published articles, white papers, and was a contributing author to a book on emerging technologies. He is certified in Six Sigma, Kaizen, and Change Management as well as other professional credentials.
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