Accounts Payable: Planning, Organizing and Achieving Best Practice

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. Documented strategies and tactics employed by highly admired companies are presented both successful and unsuccessful to illustrate the real-world functionality of each process and approach. By attending this event, delegates will understand: The importance of the accounts payable function with regard to its links with the supply chain and cash flow 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 cash flow How leading companies from across the globe are achieving best practice in Accounts Payable