Accounts Payable guide for Business (Procure to Pay) 2.0

End to End P2P process overview, Glossary, , FAQs, reconciliations, Fraud scenarios, Practice test questions - 116 Q A

Created by: Vanaja D
Passionate instructor simplifying Accounting& Finance topics

Created by: Sonu Thomas
Chartered Accountant

What Will I Learn?

• Understanding the fundamental principles and processes of Source to Pay and Accounts payable management.
• Developing proficiency in recording, verifying, and processing supplier invoices accurately and efficiently.
• Learning best practices for managing accounts payable workflows, including invoice approval, payment scheduling, and reconciliation.
• Gaining insight into the importance of internal controls and compliance measures in accounts payable operations.
• Enhancing skills in vendor management, communication, and resolving discrepancies to maintain positive supplier relationships.
• Improving overall efficiency and accuracy in accounts payable processes to contribute to the financial health and success of the organization.

Requirements

• The course is designed to cater to learners with varying levels of experience, including beginners.
• Prior experience in accounting or finance can be advantageous but not mandatory
• Willingness to learn and a commitment to understanding the material thoroughly are the only prerequisites for taking this course.

Target audience

• Finance professionals who would want to learn about accounts payable process.