Taking Your Accounts Payable Function Beyond Best Practice (Completed)
Date: Thursday, February 8, 2024
Instructor: Mary Schaeffer
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
Upwardly mobile finance and accounting professionals realize that improvements are possible in the accounts payable space, beyond those that result from using best practices. Yes, they protect against fraud and result in fewer duplicate payments and enable regulatory compliance. But, what about those organizations and professionals who are looking for more, those who want to squeeze every last drop of efficiency and profitability out of their accounts payable operation? In this session we’ll identify eight strategic opportunities, for those professionals willing to push the envelope and go the extra mile.
Topics Covered
- Lessons learned from errors
- Vendor credits
- Journal entries
- Duplicate payments
- Learning Dashboards
- The 1% Solution
- Discounts
Learning Objectives
- Establish reasonable expectations around AI enabling you to get the most out of it
- Create a continuous user-friendly learning platform
- Develop investigative skills to help weed out AP errors
- Incorporate additional productivity shortcuts from common Office tools
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
None
Advance Preparation
None
