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Advanced Skills in Accounts Payable Management

ENDED
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On-Site / Training
Ended last May 12, 2023
USD  950.00

Details

This training course provides participants in 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. During the training, participants will understand the importance of the accounts payable function with regard to its links with the supply chain and cash flow; the integrated systems of purchase order processing, stock (inventory) control, purchase ledger and cash payments and their links with the general ledger; how to effectively manage cash and working capital to reduce costs and improve cash flow; the impact of risk and uncertainty on the business and its impact on accounts payable and cash flow and how leading companies from across the globe are achieving best practice in Accounts Payable.

Learning outcomes

By the end of this course the participants will be able to:

•    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

•    Analyse the need to incorporate risk and uncertainty into accounts payable analysis

•    Identify best practice across all industries 

Who should enroll?

The course is useful for accountants in both profit and non-profit organizations. This course does not assume prior knowledge of accounting.                        

Why train with us

Vital Extra Learning guarantees our clients:

•    State-of-the-art facilities and training infrastructure

•    Extended tradition of hand-holding during post engagement

•    Service delivery through highly seasoned industry experts.

•    Value for money

 

 

 

 

Schedules

May 08, 2023 - May 12, 2023
ENDED
Weekdays 08:00 AM — 05:00 PM
No. of Days: 5
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VITAL EXTRA LEARNING AND CONSULTANCY is a registered consultancy firm with its Head Office in Abuja, Nigeria. It is one of the emerging providers of competency development and learning solutions for career advancement for professionals. We provide strategic consulting services for both professionals and corporate organizations.  We design and offer trainings and consultancy services to both public and private sectors, including non-profit organizations.

Our brand, VEL® an abbreviation for “Vital Extra Learning” has also extended its services to other countries in Africa, particularly in Kenya, Rwanda and South Africa. We are also working to expand our operations in other parts of the world through collaborations and partnerships with other training and consulting firms in the United Kingdom (UK), United States (US), Germany, and the United Arab Emirates (UAE).

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