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Secure Transaction Common Invoice Problems: How to Deal with Them
Format
Self-Study
Course Level
Overview
CPE Credits
1 Credits: Accounting
Course Description
As long as invoices remain a staple of the B2B billing and payment process, smart companies will do everything they can to reduce the number of headaches associated with them. What is interesting as we go through the list is that there are ways to greatly reduce or eliminate some of them. Companies just have to make the decision to do so and then stick to the regimen. Those routines are spelled out in this paper.
In this course, industry expert Mary Schaeffer take a look some of the more common problems experienced by companies related to the invoice process and offers solutions on how best-practice companies can minimize these problems and, in some cases, eliminate them.
Learning Objectives
- Develop strong invoice handling processes to eliminate common invoice problems;
- Eliminate the problem of invoices without invoice numbers;
- Earn more of your early payment discounts;
- Identify strategies for dealing with second invoices with a different invoice number;
- Speed up the invoice approval process; and
- Minimize the amount of manual data entry required when entering invoice data.
Course Specifics
1193500
October 25, 2022
None
None
Compliance Information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Mary S. Schaeffer, MBA, has the inimitable ability to find accounts-payable-related solutions that really work—without making a major dent in the bottom line. Armed with a degree in math and a graduate degree in finance, she takes a “roll up your sleeves and dig into the details” approach to finding solutions to those problems that cause migraines for CFOs, controllers, and managers. Fifteen years spent researching and writing about payment issues gives Mary a unique vantage point. Combine that with an almost equal amount of time spent in the corporate trenches of several large finance and treasury departments, and you’ll understand …
QAS Self-Study
