Effectively managing and organising accounts payable

Accounts Payable plays an important role by ensuring that invoices are processed and paid at the right time to meet your organisation's needs. This highly practical course is designed to equip you with the skills to organise information and systems necessary for approving invoices and for resolving queries and disputes. You'll also discover ways to get managers to provide information at the times you require it. This course will enable you to add value to your organisation by paying bills on time to enable ongoing supplies, enabling good quality financial reporting, improving cash flow and ensuring compliance with legal and tax requirements.

What our participants say:

'I got lots of tips on Accounts Payable that I am going to try and put into practice in my department. It was also good to hear how other attendees do things in their workplaces' - Kathy Miller, Accounts Payable Supervisor, ZESPRI International.

Objectives:

After completing this course you will be able to:

Close off AP quickly and accurately at month end
Apply strategies to streamline the cost of processing and paying invoices
Understand the role of AP within the procurement process and how to make use of electronic supply chain technology
Communicate effectively with staff members outside of the AP area
Understand the record keeping requirements of your organisation and the IRD
Apply techniques to identify errors, counter fraud and prevent duplicate payments
Provide good information for management reporting and cash flow forecasting

Our training is:

Competency based: we enable participants to apply what they have learned when they return to work
Professionally designed to cater for all learning styles, with a mix of activities
Based on accelerated learning techniques to engage participants
Fully evaluated for continuous improvement
Customised for an organisation's specific needs and issues and financial systems and processes

Participant feedback from effectively managing and organising accounts payable