An Intensive 5-day Training Course
Accounts Payable
Planning, Organising & Achieving Best Practice
CLASSROOM DATES
INTRODUCTION
The Accounts Payable Training Course by EuroMaTech is designed to help professionals plan, organize, and manage their accounts payable processes more efficiently. Effective management of payables is crucial for maintaining liquidity, minimizing operational errors, reducing financial risks, and strengthening relationships with suppliers and creditors.
This comprehensive Accounts Payable Course introduces proven strategies and practical techniques used by leading global organizations to establish a framework for best practices. Through expert guidance, participants will learn how to apply these methods to streamline payment systems, optimize working capital, and ensure the smooth flow of financial operations.
Participants will also gain a deeper understanding of how accounts payable integrates with other key business functions such as purchasing, inventory control, and cash management. By linking theory to practice, this training ensures a balanced approach to achieving operational efficiency and financial control.
By attending this Accounts Payable course, participants will learn to:
- Understand the importance of accounts payable in relation to the supply chain and cash flow
- Manage the integration between purchase orders, stock control, and cash payments
- Optimize cash flow and working capital for better financial performance
- Recognize and mitigate risk factors affecting payable operations
- Apply global best practices to achieve excellence in accounts payable management
TRAINING OBJECTIVES
The Accounts Payable Training Course aims to enable participants to:
- Apply the core principles of accounts payable, financial accounting, and supply chain management
- Utilize best practices in accounts payable systems for improved performance
- Enhance payment methods, cash management, and overall liquidity
- Build stronger relationships across the supply chain through efficient payable management
- Reduce operational costs and increase departmental efficiency in accounts payable processes
WHO SHOULD ATTEND?
This EuroMaTech Accounts Payable Course is ideal for professionals involved in financial operations, procurement, and organizational cash management, including:
- Finance Executives and Professionals
- Accountants and Financial Controllers
- Accounts Payable Managers and Supervisors
- Accounts Payable Personnel and Assistants
- Treasury and Cash Flow Officers
- Professionals seeking to develop a practical toolkit to complement their technical or managerial skills
TRAINING METHODOLOGY
The EuroMaTech Accounts Payable Training Course combines theoretical knowledge with real-world applications. Participants will explore best-practice frameworks through worked examples and guided discussions that demonstrate how key concepts apply in practice. The methodology encourages active participation, enabling attendees to analyze their organization’s processes, identify improvement opportunities, and confidently apply new techniques for enhanced payable management.
TRAINING SUMMARY
The Accounts Payable Training Course provides an in-depth understanding of how effective payable management contributes to an organization’s financial stability. Since cash flow management is fundamental to business survival, optimizing accounts payable operations directly impacts liquidity and long-term profitability.
This EuroMaTech course offers a detailed exploration of modern accounts payable principles, tools, and techniques. Participants will learn how to streamline processes, implement efficient controls, and adopt innovative approaches that ensure timely payments and improved supplier relationships. By the end of the course, attendees will be equipped to manage accounts payable with greater precision, efficiency, and strategic awareness.
TRAINING OUTLINE
Day 1: Achieving World Class in the Accounts Payable Processes
- The Accounts Payable Process from Procurement to Financial Statement
- Identifying Risks in the Process
- Best Practice in Accounts Payable
- Invoive Handling, Avoiding Duplicate Payments and the Approval Processes
- The Function/Role of Accounts Payable
- Improve Efficiency
- Manage Risk
- Improve Cashflow & Investment
- Improve the Supply Chain
Day 2: Accounts Payable & Procurement
- The Procurement Process
- Master Vendor File Management
- Procurement Decisions dealing Quality, Price, Exchange Rates & International Payments
- Porters 5 Forces Model
- Negotiating Credit
- PIF v Trading Company Objectives
Day 3: Accounts Payable Issues
- Internal & External Fraud
- Taxation
- Travel & Entertainment
- Cash Advances and Employee Reimbursement
- Bank Reconciliation
Day 4: Maintaining Relationships & the Supply Chain
- Linking Procurement, Accounts Payable, Finance, Treasury & Accounts
- Internal Issues & Improving Relationships
- Managing Vendor Relationships & the Supply Chain
- The Suppliers View - Lessons from Accounts Receivable
- Moving from Supplier to Partner
Day 5: Accounts Payable, Cash Flow & Financial Accounting
- Accounting and financial information: Accounts Payable in context
- Cash Flow and Working Capital
- Managing Working Capital & the Cash Flow Cycle
- Liaising with Finance & Treasury to improve Cashflow & Investment
- Exchange Rate Management
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ACCREDITATION
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
This training course is also part of the 10-day titles:
FAQ
EuroMaTech provides a range of ISO certification and compliance training courses, including:
- ISO 9001 – Quality Management Systems Training
- ISO 45001 – Occupational Health & Safety Management Training
- ISO 14001 – Environmental Management Systems Training
These courses help organizations adopt internationally recognized standards and improve their overall performance.
To register for a training course, you can:
- Visit the EuroMaTech website, browse the available courses, and follow the online registration process.
- Contact EuroMaTech’s support team for assistance with course selection or inquiries about corporate training solutions.
EuroMaTech stands out as a leader in training and professional development due to:
- 30+ years of experience delivering high-impact training courses across industries.
- Accreditations from leading institutions, ensuring top-tier course quality and recognition.
- A portfolio of thousands of training courses, serving professionals at every level.
- A focus on innovation and future-ready learning models, including blended and digital training.
- Long-term partnerships with organizations globally, ensuring sustained success through talent development.
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us [email protected]
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at [email protected]
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
