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Accounts Payable Best Practices

Join the discussion of the newest best practice every organization should implement to reduce cost and maximize productivity.

By reviewing this information, CFOs, controllers, AP managers and AP supervisors can learn how to reduce the expenses involved in the accounts payable process. The materials will include a breakdown of the most common practices for invoice boarding, invoice approval and invoice payment. Those practices will be contrasted with best practices to show how adopting best practices can reduce costs while improving performance in this often overlooked department.

Runtime: 103 minutes
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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Overview of A/P Process

Invoice Boarding Current Practices

Invoice Boarding Best Practices

Strategies for Reducing Invoice Boarding Expenses

Invoice Approval Current Practices

Invoice Approval Best Practices

Strategies for Reducing Expenses and Making Money via Invoice Approval

Invoice Payment Current Practices

Invoice Payment Best Practices

Strategies for Generating Revenue and Eliminating Ap Expenses via Invoice Payment

Tips

General Observations in AP

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More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on May 30, 2019.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Bill Becker

Bill Becker

Recordsforce, Inc.

  • Certified electronic content management practitioner (ECMP)
  • Has worked in the process automation industry for over 25 years
  • Experience includes the implementation of over 500 A/P cost reducing solutions for his clients
  • Co-founded Recordsforce with his wife Katja in 2001, and was named one of the top fastest growing companies in NH in 2016, 2017 and 2018 by NH Business Magazine
  • Recordsforce specializes in outsourced A/P automation
  • Currently his business processes over 200,000 A/P invoices per month for over 100 A/P departments
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More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

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Additional benefits include:

  • State Specific Credit Tracker
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* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 405328
Published 2019
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