This program 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.
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.
Analyze the need to incorporate risk and uncertainty into accounts payable analysis.
Identify best practices across all industries.
Finance Executives and Professionals.
Accountants.
Accounts Payable Managers.
Accounts Payable Supervisors.
Accounts Payable Personnel.
Others who are working within the accounts payable process or who wish to develop a practical toolkit to complement their existing professional or technical skills.
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?
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.
Invoice Handling and Approval Processes.
Verifying invoice data.
Paying “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?
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.
Communications & Customer Relations.
Payment status information for vendors and internal customers.
Improving Procure to Pay(P2P)Cycle.
Payments and Payment Solutions: Accounts Payable or Treasury?
The world is packed with information; and most organizations struggle to recognize what information they have, why they need it, how long they need it for, and if it has any value. Furthermore, changes in the law, such as the recent changes in the UAE employment law, often call for tighter controls on contract documentation, and lead to a need for enhanced management of human resource and contract records. In addition, electronic information is under threat from cyber-attack and personal information is at risk of exposure. As such, the development and implementation of a records management program that includes document control methods to identify, secure, and protect critical information, is necessary for every organization.
The world is packed with information; and most organizations struggle to recognize what information they have, why they need it, how long they need it for, and if it has any value. Furthermore, changes in the law, such as the recent changes in the UAE employment law, often call for tighter controls on contract documentation, and lead to a need for enhanced management of human resource and contract records. In addition, electronic information is under threat from cyber-attack and personal information is at risk of exposure. As such, the development and implementation of a records management program that includes document control methods to identify, secure, and protect critical information, is necessary for every organization.
Organizations typically start using electronic document management systems to transform paper-based operations after reaching an internal tipping point in which customer response times become too slow, departments don’t have enough bandwidth to solve recurring process bottlenecks, paper archiving becomes too costly or large-scale regulatory risks are exposed during a data breach or compliance fines.
For organizations that have defined but resource-intensive business processes, EDMS is an ideal fit. Document management helps organizations across industries sidestep this busy work entirely by eliminating manual document maintenance, reclaiming valuable staff time, and boosting the bottom-line.
It is universally recognized that for any company to succeed it must take a proactive approach to risk management. Over the last few years, Companies and several countries legislators have been focusing on Process Safety as a method to reduce the risks posed by hazardous industries. Process Hazard Analysis (PHA) is recognized as being a critical tool in the implementation of a successful risk management system
The level of competition in current business environments requires a focus on practices that assist in the management of personal and workgroup tasks, priorities, and projects. All types of organizations need to find more productive means to offer their products and/or services, so goals are established and tasks assigned to better meet customer and stakeholder needs. A focus on the use of productive practices allows for effective and efficient management of project work, establishing priorities and meeting deadlines, and is an important part of customer service.
Through training as a lead disaster recovery manager, you can gain the knowledge and skills required to assist a company in creating, administering, and executing a disaster recovery plan. You will learn about business continuity management's best practices for disaster recovery processes and ICT disaster recovery services throughout this training course.