Description

Begin by learning the terminology and acronyms. After all, how can you understand how to optimize AP if you don’t understand the lingo?

Next you’ll learn why the Vendor Master Record is so critical to the execution of Purchase Orders and related Accounts Payable processes and how to keep it complete and accurate.

Discover the Procure to Pay workstream to help you better understand how it fits into AP as a whole, and how the payment process factors into the efficiency of your AP workflow.

Learn how to create a policy for managing, storing, and retaining documentation so you don’t have to deal with a black hole of paperwork — or the headache that comes with losing important information.

Next explore Purchase Orders vs Non-Purchase Order invoice transactions and how they are processed differently, as well as how to reconcile aged open payables and outstanding checks.

,>