By attending this event, delegates will understand:

• The importance of the accounts payable function with regard to its links with the supply chain and cashflow
• The integrated systems of purchase order processing, stock (inventory) control, purchase ledger and cash payments and their links with the general ledger
• How to effectively manage cash and working capital to reduce costs and improve cash flow
• The impact of risk and uncertainty on the business and its impact on accounts payable and cashflow
• How leading companies from across the globe are achieving best practices in Accounts Payable

Course Objectives

• Work effectively with the fundamentals of accounts payable, financial accounting, and the supply chain
• Understand and apply the fundamentals of accounts payable systems
• Review and comment on payment methods and cash management
• Analyze the need to incorporate risk and uncertainty into accounts payable analysis
• Identify best practices across all industries