Accounts Payable: Planning, Organizing and Achieving Best Practice

Finance & Accounting · 5 Days · Public · Al-Khobraa certified · From USD 3,900

Overview

The organization of the accounts payable function and the management of the accounts payable role are of vital importance to the effective control of working capital and therefore cash flow. This program provides businesses and other organizations with a strong sense of where they stand against industry leaders and shows them how to take their services and organizational processes to state of the art levels.

Learning 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 practice across all industries

Who Should Attend

This training course provides a user-friendly environment to develop the knowledge and techniques related to accounts payable that are valuable for: Finance Executives and Professionals Accountants Accounts Payable Managers Accounts Payable Supervisors Accounts Payable Personnel Others who are working within the accounts payable process or who wish to develop a practical toolkit to complement their existing professional or technical skills

• Finance Executives and Professionals
• Accountants
• Accounts Payable Managers
• Accounts Payable Supervisors
• Accounts Payable Personnel

Course Outline

Day 1 — Accounts Payable, Financial Accounting And The Supply Chain The Accounting Environment

• Accounting and financial information
• Accounting terminology
• Sources of finance
• The supply chain

Day 2 — Achieving World-Class in Accounts Payable Processes Achieving Best Practice

• Defining Best Practice in AP
• Moving beyond P2P
• Managing Risk
• Principles of Best Practice

Day 3 — Improving Invoice Processing And Operational Management Invoice Handling

• Dealing with Approvals
• Forwarding invoices
• Verifying invoice data
• Short paying invoices

Day 4 — Harnessing Technology In The Ap Processes Master Vendor File Management

• File setup – getting it right from the start
• Naming conventions
• File maintenance and security issues
• Travel & Entertainment

Day 5 — Making the Payments and Maintaining The Relationships Communications & Customer Relations

• Payments status information for vendors
• Communicating relevant information to vendors
• Communicating with internal customers
• Improving Procure to Pay(P2P)Cycle

Accreditation

Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.

Dates & Venues

Dates	Venue	Delivery	Duration	Fee (USD)
20–24 December 2026	Istanbul, Turkey	Public	5 days	4,500

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Frequently Asked Questions

What do Al-Khobraa finance and accounting courses cover?

The portfolio covers IFRS (International Financial Reporting Standards) and IPSAS, financial analysis and reporting, budgeting and forecasting, cost and management accounting, accounts payable and receivable, internal controls and audit, and finance for non-finance managers.

Who should attend a finance and accounting course?

These courses suit accountants and financial analysts, finance managers and controllers, budgeting and planning staff, internal auditors, accounts payable and receivable teams, and non-financial managers who own a budget or read financial statements.

How long are finance and accounting courses, and where are they held?

Most Al-Khobraa finance and accounting courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.

What certificate will I receive?

Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.

Can finance and accounting training be delivered in-house for our team?

Yes. Any Al-Khobraa finance and accounting course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.

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