In this webinar attendees will learn how to create and update your accounts payable policy and improve the efficiency of your accounts payable function. Also attendees will learn how a good policy and procedures manual can help you with your audits.

Why Should You Attend:

A good policy and procedures manual should provide a roadmap for how any accounts payable function is run. Created carefully, it can do much more than simply document your current procedures. You can use it as a training tool, a resource for the entire department and to instruct others how to comply with accounts payable requirements.

Learning Objectives:

After this session, you will be able to:

• Create an accounts payable policy from scratch without sidelining a staffer
• Update an existing policy that hasn’t been changed in years
• Utilize your policy to run a more efficient accounts payable function
• Avoid errors and fraud by correctly setting up the policy
• Explain how to make the policy more user-friendly

Areas Covered in the Webinar:

• How to create an accounts payable policy and procedures manual
• What should go in the manual and what shouldn’t
• How to make your manual more user friendly
• Mistakes to avoid when putting the policy together
• How to ensure the manual actually gets written and doesn’t get backburned
• How to make putting the manual together a group project
• How to help the staff get over their fear of writing
• How to get started

Who Will Benefit:

• Accounts payable managers, directors, supervisors, analysts, professionals associates
• Accounting manager, assistant accounting manager
• Controller
• Assistant controller
• Auditor
• Purchasing professional
• Procure2Pay manager, director
• Payables manager