Accounts Payable

This Accounts Payable training course will provide the theoretical background and techniques that underpin the organisation and management of accounts payable and its related functions. It will provide a real world practical context by incorporating worked examples and case studies that delegates will see how theory applies in practice and can discuss the various issues raised.

At the end of this training course, you will learn:

• Identify the function of accounts payable and its role in organizations
• Use accounting principles related to accounts payable
• Describe how to take a successful lead in the management of accounts payable
• Assess AP operations and processes and recommend improvements using the latest best practices
• Apply tools and techniques in Microsoft Excel to effectively manage and monitor accounts payable performance

This Gulf Rowad training programme is suitable to a wide range of professionals but will greatly benefit:

• Finance Executives
• Accountants
• Accounts Payable Managers
• Accounts Payable Supervisors
• Accounts Payable Staff
• Others who are working within accounts payable process or who wish to develop a practical toolkit to complement their existing professional or technical skills

Organisational Impact

The organisation will gain through the development and application of capabilities and skills in key area of Accounts Payable management, specific benefits will include:

• Improved awareness of key business performance measures
• Greater insights from global best practice
• Better integration of wider financial process, for example purchase order management and supplier payments
• Raised levels of professionalism in the Accounts Payable team
• Improved human talent pool for internal succession planning
• More effective AP processing and the potential to reduce operating costs and time in a key area for financial transaction processing

Personal Impact

As a delegate you will:

• Have a clear understanding of how to manage Accounts Payable
• Be pro-active in seeking and finding approaches to improve process and efficiency within Accounts Payable
• Communicate the importance of improving Accounts Payable process and its role in improving working capital management to colleagues
• Learn the latest developments in best practice in Accounts Payable