50+ Ways To Improve Accounts Payable

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50+ Ways To Improve Accounts Payable

USD $250.00 USD $200.00

The accounts payable team is one of the most important teams in the accounting function and in the organization. This unique implementation toolkit comprise my latest thinking on the subject matter. The toolkit contains 60 pages designed to help readers implement better practice methods. The  toolkit comes with electronic media, eg: lists of AP software, templates, and workshop agendas to assist in swift implementation. I have spent around US$50,000 developing and updating this toolkit. I guarantee, you will save many times the cost of the toolkit.

Please click here to look inside the toolkit.

Product Description

This toolkit is based on better practices emerging from an in-depth ten year study of accounting functions and interaction with over 2,000 accounts payable officers. Accountants and accounts payable staff will benefit from acquiring this toolkit. This toolkit points out how the accounts payable (AP) team is the centre of the finance team and timely and accurate information cannot be delivered without the AP team working with 21st century better practices and technologies.

This unique implementation toolkit comprise my latest thinking on the subject matter. The toolkit contains 60 pages designed to help readers implement better practice methods. The  toolkit comes with electronic media, eg: lists of AP software, templates, and workshop agendas to assist in swift implementation. I have spent around US$50,000 developing and updating this toolkit. I guarantee, you will save many times the cost of the toolkit.

This toolkit is to be read by all accounts payable staff together with an accountant who would be best positioned to support them with better practice changes. This toolkit covers over 50 better practices and the content includes:

  • implementing 21st century accounts payable technology and techniques
  • reducing up to 60% of your volume from the AP ledger
  • the benefits of the purchase card and recipient-created invoices
  • moving towards a paperless AP function (electronic purchase orders, scanning etc)
  • streamlining payments – moving to 100% EFT payments, web based remittances etc
  • working more efficiently and effectively with suppliers and budget-holders
  • how to get your budget holders to comply to AP procedures
  • ways to improve the day to day A/P administration (handling purchase orders, purchase invoices, etc.)
  • A/P staff issues (recruitment, training, increasing team morale)
  • how to cut-off A/P promptly so month end reports can be prepared by day 3 or less

Please click here to look inside the toolkit.

Why you should buy this toolkit:

  • You haven’t the time to disseminate all the information from the better practices adopted by leading AP Teams. I have been working on this over the last 15 years on your behalf.
  • Easy to use templates – which can be in use immediately.
  • Make a lasting impression with the CFO by revolutionizing AP processes significantly reducing transaction volumes and at the same time cost per AP transaction.
  • Improve the profile and job satisfaction of AP staff.

Table of Contents:

1.Introduction

2.The impact of better practices on the accounts payable workload

3.Administration improvements

4.Cut-off improvements

5.Staffing improvements

6.Accounts payable re-engineering improvements

7.Payment improvements

8.Relationship with budget holders improvements

9.Relationship with suppliers improvements

10.Systems improvements

11.Benefits of quick monthly reporting to management and the Finance team

12.Case study one Johnson & Johnson vision products USA

13.The common bottlenecks at month-end for the AP team and techniques to get around them

14.Workshop change with month-end routines in the Accounting team

15.Sources of information

16.Presenter biography

17.Appendix 1 Checklist of the 50+ ways to improve your accounts payable systems & procedures

18.Appendix 2 Checklist of implementation steps to reduce month-end reporting time frames

 

Thank you for your interest in the intellectual property I have developed. I will send you the electronic media you have purchased as soon as I have received confirmation from PayPal.