CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Crisis Management: Your Accounts Payable Function in Uncertain Times

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
1 Credits: Accounting

Course Description

Many organizations take their accounts payable function (along with most others) for granted until suddenly, they can’t get an invoice to a critical vendor paid. Or, as many are finding out the hard way, their accounts payable team can’t get into the office to pick up all the paper invoices that need to be processed. This has happened for a few days in the past, mainly due to weather-related incidents. But they pass fairly quickly and it’s easy to play catch up. This time is different and it has highlighted the areas where the current process is not sufficient.

This brand-new session was created by AP Now’s founder, Mary Schaeffer and is based on the real-life experiences of many of her readers, who are accounting and accounts payable professionals as well as interviews with experts. They shared practices that are working, those that are not and lessons learned.

Learning Objectives

After this session, you will be able to:

  • Identify areas where your current accounts payable function might need adjustment to deal with a crisis, like the coronavirus
  • Develop practices that will help handle the masses of paper invoices that many are still receiving
  • Manage staff and a management team working remotely
  • Convert many of your vendors to receiving electronic payments instead of paper checks
  • Create processes for those who must go into the office
  • Deal with potentially fraudulent ‘change of bank account requests.”
  • Keep up morale of staff not used to working remotely
  • Plan for future crisis.

Course Specifics

Course ID
WC11206880
Revision Date
April 14, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Mary S. Schaeffer Headshot
Mary S. Schaeffer, MBA

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 …

Mary S. Schaeffer, MBA Read More »

Crisis Management: Your Accounts Payable Function in Uncertain Times

Expert Instructors
CPE CREDITS
1 Credits: Accounting

$49.00

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
1 Credits: Accounting

Course Description

Many organizations take their accounts payable function (along with most others) for granted until suddenly, they can’t get an invoice to a critical vendor paid. Or, as many are finding out the hard way, their accounts payable team can’t get into the office to pick up all the paper invoices that need to be processed. This has happened for a few days in the past, mainly due to weather-related incidents. But they pass fairly quickly and it’s easy to play catch up. This time is different and it has highlighted the areas where the current process is not sufficient.

This brand-new session was created by AP Now’s founder, Mary Schaeffer and is based on the real-life experiences of many of her readers, who are accounting and accounts payable professionals as well as interviews with experts. They shared practices that are working, those that are not and lessons learned.

Learning Objectives

After this session, you will be able to:

  • Identify areas where your current accounts payable function might need adjustment to deal with a crisis, like the coronavirus
  • Develop practices that will help handle the masses of paper invoices that many are still receiving
  • Manage staff and a management team working remotely
  • Convert many of your vendors to receiving electronic payments instead of paper checks
  • Create processes for those who must go into the office
  • Deal with potentially fraudulent ‘change of bank account requests.”
  • Keep up morale of staff not used to working remotely
  • Plan for future crisis.

Course Specifics

Course ID
WC11206880
Revision Date
April 14, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Mary S. Schaeffer Headshot
Mary S. Schaeffer, MBA

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 …

Mary S. Schaeffer, MBA Read More »

Crisis Management: Your Accounts Payable Function in Uncertain Times

Expert Instructors
CPE CREDITS
1 Credits: Accounting

$49.00