Payment issues Training class & Courses, Payment issues Training 2017, Payment issues Training Doyens

Payment issues- how can companies minimize the risk of duplicate, fraudulent, and late payments? - online live webinar on November 2017 by Training Doyens. Payment issues Training class & Courses, Payment issues Training 2017, Payment issues Training Doyens

Webinar Information


Payment issues- how can companies minimize the risk of duplicate, fraudulent, and late payments?


Webinar Title
Payment issues- how can companies minimize the risk of duplicate, fraudulent, and late payments?
Event Type
Webinar
Webinar Date
14-11-2017
Last Date for Applying
14-11-2017
Location
Denver, Colorado, United States

Publish / Maintain / Marketing / Hosted By
Organization Name / Organize By
Training Doyens
Organizing/Related Departments
Training Doyens
Organization Type
Organization/Company
Webinar Category
Both (Technical & Non Technical)
Webinar Level
All (State/Province/Region, National & International)
Related Industries

Finance

Accounting/Financial/Banking/Insurance

Registration/Ticket Booking Address
Location
Denver, Colorado, United States
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OVERVIEW

Corporate interest in implementing automated solutions will not only streamline and optimize payment operations, but will also create new issues of risk of which management and staff remain unaware.

Organizations are continually striving to address inefficiencies in financial supply chain processes. These firms are exploring innovative ways to leverage automation not only to contain costs from a tactical perspective, but also strategically to enhance control, improve visibility and manage spend. This effort will reduce the process cycle time and thereby reduce working capital requirements. Accounts Payable Automation is emerging as one of the key components of this financial supply chain strategy.

WHY SHOULD YOU ATTEND

The payables landscape is being changed by emerging financial solutions that enable trading partners – buyers, suppliers, and banks – to seamlessly exchange transaction-related information as well as money. These changes have increased the inherent risk.

Financial Supply Chain Automation is gaining broad acceptance within accounts payable and accounts receivable managers. Web-based tools, best-of-breed systems, integrated supplier portals, and automated workflow applications are finally beginning to deliver on promises of process improvement and associated cost reduction. The by-product is a much improved process which offers real-time collaboration between buyers, suppliers, and banks. Managers need to be aware of the areas of risk that have emerged and may be undetected during this transition.

Since 2008/2009, the emphasis on cost containment and productivity enhancement has forced organizations to seek new ways to automate traditionally paper-based, labor-intensive AP processes. The realization that current payments processes are a roadblock to achieving these goals has been intensified by the need for improvements in data integrity and greater visibility as a result of Sarbanes-Oxley (SOX) and other corporate legislation.

The recession and need for further cost containment has led to targeting payments automation. The jury is still out on the potential for generating bottom-line improvements, but it may see a greater impact on monitoring and managing cash flow.

AREAS COVERED

  • Configurable controls
  • Manual controls
  • General IT controls
  • Detective reports
  • Security
  • Policies and procedures
  • Supplier management
  • Vendor management
  • Summary

WHO WILL BENEFIT

  • Accounts Payable Managers
  • Payments professionals
  • Operations managers
  • Cash management product and sales staff
  • Treasury managers
  • Commercial bankers
  • Corporate treasury professionals
  • Payments network providers
  • Payments processors

LEARNING OBJECTIVES

  • Which controls are necessary
  • Incentives or punishments?
  • Infrastructure and governance
  • Cost/benefit and decision process
  • New payments technology and innovation
  • Managing the risks

Others Details

This bank compliance training discusses how companies can minimize the risk of duplicate, fraudulent, and late payments. Register now or call +1-888-300-8494!

Registration Fees
Available
Registration Fees Details
Live Session for one participant $199 Corporate Live Session Group – Max 10 Participants from one location. $549 Recorded Session Get unlimited access to audio recording of the webinar for 6 months. $219 Training CD MP3 files, PDF presentation and reference manual will be delivered on a CD $399 Super Combo Offer 1 Live and Recorded webinar $329 Super Combo Offer 2 Live and Training CD $479
Registration Ways
Email
Phone
Website
Other
Registration/Ticket Booking Address
Address/Venue
26468 E Walker Dr, Aurora, Colorado 80016-6104  Pin/Zip Code : 80016
Landmark
Colorado
Official Email ID
support@trainingdoyens.com
Contact
H Jeff

26468 E Walker Dr, Aurora, Colorado 80016-6104 Toll Free: +1-888-300-8494 Tel: +1-720-996-1616 Fax: +1-888-909-1882

support@trainingdoyens.com

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