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course | Accounts Payable from Accounting to Management

Join our Accounts Payable from Accounting to Management course in Dubai. Gain practical accounts payable accounting skills with expert guidance, real cases,

FNBN-152 | Accounts Payable from Accounting to Management

Course Sector : Finance, Accounting and Banking

Duration
Date from
Date to Course Venue Course fees Book a course
5 Days31/08/202604/09/2026Amsterdam$4,950 Book now
5 Days13/09/202617/09/2026Online$2,150 Book now
5 Days21/09/202625/09/2026Abu Dhabi$4,250 Book now
5 Days21/12/202625/12/2026Dubai$4,250 Book now
5 Days14/03/202718/03/2027Riyadh$4,250 Book now
5 Days28/06/202702/07/2027Abu Dhabi$4,250 Book now

Course Introduction

The management of the accounts payable (creditors) of an organisation is essentially just one aspect of the management of the cash flow of that organisation. Since organisations cannot survive without adequate cash flows, it follows that the management of accounts payable is a vital aspect of cash flow management.
 

This training course 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.


This training course will feature:
 

  • 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 practices in Accounts Payable

Course objective

  • Work effectively with the fundamentals of accounts payable, financial accounting and the supply chain
  • Understand and apply the fundamentals of accounts payable systems
  • Review and comment on payment methods and cash management
  • Analyse the need to incorporate risk and uncertainty into accounts payable analysis
  • Identify best practice across all industries

Course audience

This training course provides a user-friendly environment to develop the knowledge and techniques related to accounts payable that are valuable for:

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

Course Outline | Day 01

Accounts Payable, Financial Accounting, And The Supply Chain
 

  • Accounting and financial information: Accounts Payable in context
  • Sources of finance
  • The supply chain
  • Financial position and financial performance
  • Cash Flow and Working Capital
  • Why is cash flow so important?

Course Outline | Day 02

Achieving World-Class In Accounts Payable Processes
 

  • Defining Best Practice in AP
  • Moving beyond P2P
  • Managing Risk
  • Principles of Best Practice
  • End-to-End AP Process
  • Defining the issues in Accounts Payable

Course Outline | Day 03

Improving Invoice Processing And Operational Management
 

  • Invoice Handling and Approval Processes
  • Verifying invoice data
  • Paying for “low-value” items
  • How to avoid duplicate payments
  • Making the best use of staff time: limiting telephone calls to AP
  • Does Petty Cash Management belong in Accounts Payable?

Course Outline | Day 04

Harnessing Technology In Accounts Payable Processes
 

  • Master Vendor File Management – getting it right from the start
  • Travel & Entertainment
  • Policy management
  • Cash advances and employee reimbursement
  • Process improvement through imaging and workflow
  • Using the internet for AP effectiveness

Course Outline | Day 05

Making The Payments And Maintaining The Relationships
 

  • Communications & Customer Relations
  • Payment’s status information for vendors and internal customers
  • Improving Procure to Pay(P2P)Cycle
  • Payments and Payment Solutions: Accounts Payable or Treasury?
Course Certificates
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BOOST’s Professional Attendance Certificate “BPAC”

BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.

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