Live Educational Webinar
The Procure to Pay Work Stream and Role of Accounts Payable
Price: FREE
Mar. 14, 2018 Wednesday
11:00 AM - 12:00 PM (Pacific)
1 Hour
Registration for this event is currently closed

Free Live Webinar

  • Free CPE
  • Non-sponsored Events mean you never listen to a 3rd party sales pitch – it’s all just great education
  • Expert-instructor-led learning with live Q&A
  • Based on a great course on Illumeo
Anne Wheeler Owner of CS Process Flows - Consulting and Project Management
The Procure to Pay work stream is significant in any business. For the workstream to work effectively, each team involved; Procurement; Sourcing and Purchasing, Receiving, Vendor Master, Accounts Payable and Payment Processing/Treasury should understand the entire flow and how each team affects the others.

In this webinar, we will review the basics of Procurement; from sourcing to purchasing. Responsibilities might include the selection of Suppliers, collecting data to set up a Vendor Records in the ERP or other business systems, and the placing Purchase Orders. The processes performed by those at the beginning of the Procure to Pay Work Stream do have an impact to Accounts Payable. And, believe it or not, the effectiveness of Accounts Payable can have a positive, or negative, impact to the procurement functions.

Once goods or services are received by the Company, are they recorded into a System? The work performed by those who take procession of the goods or sign off on the services performed can be just as critical as posting Vendor invoices for payment. The benefits of auditing Receipts Not Invoiced will also be addressed.

Which team is responsible for the return of product to a Supplier? Are returns tracked to ensure recovery of funds or receipt of replacement product? Several teams within the Procure to Pay Work Stream may play a part in this function. We will explore some options on how returns can be managed to reduce the risk of loss.

Accounts Payable is at end of the Procure to Pay Work Stream and has the responsibilities of posting costs promptly and correctly, making payments timely and maintaining Vendor Relationships. To meet these goals, they rely on the efficient delivery of accurate input from up stream. All while complying to Compliance Policies.

Whether you work in Accounts Payable, another operation within the Procure to Pay Work Stream or you rely on the effectiveness of these teams to meet your goals, learn more. Register for this webinar.

Learning Objectives

During this event you will
Discover the components of the Procure to Pay Work Stream.
Explore how tasks performed by Procurement/Purchasing impact Accounts Payable.
Identify how a strong Vendor Master can be beneficial to the whole Procure to Pay Work Stream
Recognize the various tasks Accounts Payable is responsible for and how the quality of the input received from up stream plays in important role.


Anne WheelerOwner of CS Process Flows - Consulting and Project Management
Anne Wheeler
Owner of CS Process Flows - Consulting and Project Management
Anne started CS Process Flows, LLC in April of 2016 after a 30+ year career working in various accounting areas. Her career in accounts payable started when she was hired as a processor. Then she worked her way through accounts receivable and general accounting before coming back to accounts payable as a manager. The challenges presented in Accounts Payable and all of the exciting changes going on in this area over the last few years and into the future are her passion. Her experience includes building new AP operations, identifying inefficiencies and implementing solutions in existing teams and being involved with other areas of the Procure to Pay work stream. She has success in establishing and strengthening relationships with team members within Procurement, IT, and other areas of finance when working on AP related projects and with management of outsourced delivery centers overseas. Her experience includes managing up to 25 AP staff members processing upwards of 30K invoices a month, so she is very aware of what it takes to manage transactions. She has also managed the implementation of several different types of AP workflow systems over the years, a Concur Travel and Expense reporting system, different Corporate Card programs, including both Purchasing and T & E cards, and ACH payment programs. Her experience also includes a project to outsource check printing and the transition of 7 Tyco Business Units to an outsourced delivery center in India.
Moderated by Jennifer RobbinsIllumeo Webinar Manager
Moderated by Jennifer Robbins
Illumeo Webinar Manager
Jennifer is a marketing specialist and the webinar manager for Illumeo. She has been a part of more than 200 webinar presentations, supporting our expert presenters and Illumeo users alike. When she’s not moderating webinars, she’s creating and managing marketing content.