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Accounts Payable Process: Manual vs Digital Payment

Free online course will help you understand how accounts payable processes are becoming more digitized and automated as organizations upgrade their financial application or move to cloud solutions or service providers.

19K Credit, Collections & A/R Professionals Enrolled | Online Training | On-demand Video Tutorials

Sign-up to Get Instant Access!


Key-Highlights:

  • On-demand Course
  • 9 Modules
  • 100% FREE
  • Completion Certificate

Overview

45% of businesses still make checks the dominant method of payment for their suppliers, according to MineralTree's 2021 State of AP report.

A reduction in paper invoices and payments could be beneficial for many businesses when considering the.

  • Additional cost
  • Handling time
  • Potential for error

As an AR manager, how are you keeping your accounts payable process efficient and effective and tracking your dues that cannot be overstated?

Watch this detailed course on Accounts Payable by industry expert John M Donoavan, and understand how you could have a smooth transition from manual to digital accounts payable methods.

What’s worth, this course will help you streamline your accounts payable process, where dependencies exist, will reduce costs and improve efficiency, and cross-functional visibility, in addition to providing more control over the end-to-end process flows, security, and accurate and timely payment distribution.

 

Course Content

01

What Will You Learn

Watch this video to know what you will be learning in this course

02

Current Processes for Most Organizations

Watch this course video and know about how AP process is done conventionally in industries

03

Typical Current State Process AP Cycle in Most Organization

Watch this course video to learn how you can evaluate your AP process.

04

Changing Environments

Watch this course video to learn about the best practices a supplier looks for in a relationship

05

Three Key Components of a Successful Transition

Watch this course and learn about three key components of a successful transition

06

Selecting the Right Partner

Watch this course video and learn how to choose the right partners

07

Solution Checklist

Watch this course video and learn how to look for end-to-end AP solutions

08

Leverage Knowledge, Experience, and Technology

Watch this course video and learn how to identify manual process steps and collect desktop user data

09

Finding opportunities in AP

Watch this lesson and learn where you will find opportunities in Accounts Payable

What you'll learn

  • Current State of Account Payable Processes
  • Changing Environments
  • Transition Process Steps
  • Checklist of Requirements, Features, and Functionality
  • Selecting the Right Solutions or Partners

Sign-up to Get Instant Access!


Key-Highlights:

  • On-demand Course
  • 9 Modules
  • 100% FREE
  • Completion Certificate

About the Trainer

John M. Donovan
Advisory Services Consultant, Quote to Payment

Highako.com
Highako.com