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Let's say that senior management has agreed on new goals.  They include the implementation of an Accounts Payable (AP) system, program or other project.  And it has been decided that the Accounts Payable team is to play a significant role on the Project Team.

Is a member of the Accounts Payable team to be the Project Manager?  If not, what should the Accounts Payable team be responsible for?  Better yet, what should they take responsibility of? 

Don’t let others outside of AP make assumptions or take full ownership. After all, who will be accountable for the system or project after implementation?

In this course, learn the importance of having Accounts Payable play a leading role on any project team implementing a project or system that impacts Accounts Payable, including mergers and acquisitions.  Better to know what the AP team is getting into than trying to fix issues after implementation or after the project team has disbanded.

Learning Objectives

  • Identify Projects that may impact Accounts Payable (AP).
  • Explore the steps Accounts Payable should include in a Project Plan.
  • Discover the benefits of open communications with others within the company.
  • Recognize what actions to take if the established Project Team does not have an Accounts Payable representative.
Last updated/reviewed: October 31, 2017

Included In Certifications

This course is included in the following Expert Certifications:

16 CoursesAccounts Payable Management Certification

  1. Accounts Payable – Learn the Terminology
  2. A Deep Dive into the Responsibilities of Accounts Payable Operations
  3. The Vendor Master – Creating A Solid Foundation for Accounts Payable Processing
  4. The Basics of 1099's
  5. Prioritizing Accounts Payable Workload – Divide and Conquer
  6. Strengthening Vendor Relationships - Steps That Can Be Taken by Accounts Payable
  7. The Benefits of Reconciling Purchase Order Goods Receipts Not Yet Invoiced
  8. Reconciling Aged Open Payables and Outstanding Checks
  9. Benefits of An Accounts Payable Recovery Audit
  10. No PO, No Pay – Can It Work for Your Organization?
  11. What to Consider in an Accounts Payable Workflow Solution
  12. Creating an Accounts Payable Documentation Management Policy
  13. Communicating the Role of Accounts Payable to Others
  14. Justifying and Presenting the Needs of Accounts Payable Operations
  15. The Basics of Project Management for Accounts Payable
  16. KPIs and Metrics for Accounts Payable Manual Processes

Prerequisites

Course Complexity: Foundational
It is recommended to take the following courses prior to taking this one: "KPI’s and Metrics for Accounts Payable Manual Process" and "Justifying and Presenting the Needs of Accounts Payable Operations".

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  6:24Introduction to Accounts Payable Project Management
The Basics
  5:46Team, Requirements and Solution
  4:09The Project Plan
  5:23Project Management and Build
  5:40Solution Validation and End-to-End testing
  6:24Training to Stabilization
Examples
  4:02Examples of Projects and Scope Creep
  1:58A "Simple" Example
CONCLUSION
  3:13Conclusion to the Basics of AP Project Management
CONTINUOUS PLAY
  42:59The Basics of Project Management Accounts Payable Full Video
SUPPORTING MATERIALS
  PDFSlides: The Basics of Project Management for Accounts Payable
  PDFThe Basics of Project Management for Accounts Payable Glossary/Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM