Are you thinking about implementing an Accounts Payable Automation system?  Do you know where to start or what to consider?

In this course, we discover some of the Accounts Payable functions that can be automated.

Additional, it is recommended the company determine the options the company wants from a workflow tool and potential providers. We discover how to research and explore options before speaking to potential providers.

In order to determine what to search for, we explore some of the work the interested company should perform prior to performing research or approaching system or program providers and we identify some of the options the company may want the selected provider to offer.

Just like preparing to interview a potential employee, the company should Identify some of the questions that should be asked of potential system or program providers and any project managers or consultants the company may consider bringing in for the duration of the project.

Do you know how to identify gaps between the company’s requirements and what the potential provider can supply?  This course includes steps to be used in a decision making model.

Whether considering an Accounts Payable Workflow tool, a Purchasing Card Program or implementing ACH payments, this course supplies you with thoughts to consider in selecting a solution or provider

Course Series

This course is included in the following series:

4 CoursesAccounts Payable Automation

  1. What to Consider in an Accounts Payable Workflow Solution
  2. Selecting an Accounts Payable Automation Provider
  3. No PO, No Pay – Can It Work for Your Organization?
  4. Creating an Accounts Payable Documentation Management Policy
Learning Objectives
  • Identify what Accounts Payable (AP) Automation is.
  • Explore what steps a company should perform prior to discussions with potential providers.
  • Discover some of the options the company may want the selected provider to offer.
  • Identify questions that should be asked of any potential providers.
  • Identify gaps between requirements and what a potential provider can supply.
Last updated/reviewed: August 16, 2023
7 Reviews (42 ratings)

Reviews

4
Anonymous Author
Overall the course was good in covering a number of items that help you in the decision process for selecting an A/P automation provider. Wished the course was a bit longer and covered more automation's that A/P department heads.

4
Anonymous Author
Good introduction into what goes into a decision on Accounts Payable System selection and the important questions to ask

4
Anonymous Author
I liked that I gained a sense of understanding about AP automation and how a company should go about choosing one.

4
Anonymous Author
I really liked this course. Anne the instructor clearly demonstrated her knowledge of the subject matter.

5
Member's Profile
SHORT AND SWEET. Course give high level overarching review of key elements. Lot's of insightful tips.

4
Anonymous Author
Great overview of this topic. It will be helpful to refer to in the future.

4
Anonymous Author
Helpful coverage of the selection process.

Prerequisites
Course Complexity: Intermediate

No Advanced Preparation or Prerequisites are needed for this course. However, it is recommended to take the course "What to Consider in an Accounts Payable Workflow Solution" prior to completing this one.

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 .
Instructor for this course
Course Syllabus
INTRODUCTION and OVERVIEW
  Introduction to Selecting an Accounts Payable Automation Provider2:58
Selecting a Provider
  What is AP Automation?2:40
  The Process6:12
  Creating the Request for Proposal8:17
  Ranking the Responses5:23
CONCLUSION
  Conclusion3:31
Continuous Play
  Selecting an Accounts Payable Automation Provider 29:01
SUPPORTING MATERIALS
  Slides: Selecting an Accounts Payable Automation ProviderPDF
  Selecting an Accounts Payable Automation Provider Glossary/IndexPDF
REVIEW and TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam