An Intensive 5-day Training Course
Accounts Payable
Planning, Organising & Achieving Best Practice
CLASSROOM DATES
INTRODUCTION
This Accounts Payable training course enables you to Plan, Organise and Manage Accounts Payable more effectively, ensuring; improved liquidity, less errors ,reduced risk and improved relationships with suppliers and creditors.
Documented strategies and tactics employed by leading international companies are presented to illustrate the real world functionality of each process and approach to develop a Guide to Best Practice which could be transferred to your organisation.
By attending thisAccounts Payable training course, delegates will understand:
- The importance of the accounts payable function with regard to its links with the supply chain and cash flow
- The integrated systems of purchase order processing, stock (inventory) control, purchase ledger and cash payments and their links with the general ledger
- How to effectively manage cash and working capital to reduce costs and improve cash flow
- The impact of risk and uncertainty on the business and its impact on accounts payable and cash flow
- How leading companies from across the globe are achieving best practice in Accounts Payable
TRAINING OBJECTIVES
This Accounts Payable training course aims to enable participants to achieve the following objectives:
- Work effectively with the fundamentals of accounts payable, financial accounting and the supply chain
- Understand and apply the fundamentals of accounts payable systems to achieve Best Practice
- Improve Payment Methods, Cash Management and Liquidity
- Improve Relationships and the Supply Chain
- Efficiently Manage Accounts Payable to reduce costs and improve efficiency within the department
WHO SHOULD ATTEND?
This EuroMaTech training course provides a user-friendly environment to develop the knowledge and techniques related to accounts payable that are valuable for:
- Finance Executives and Professionals
- Accountants
- Accounts Payable Managers
- Accounts Payable Supervisors
- Accounts Payable Personnel
- Others who are working within accounts payable process or who wish to develop a practical toolkit to complement their existing professional or technical skills
TRAINING METHODOLOGY
The EuroMaTech training course will provide the theoretical background and techniques that underpin the organisation and management of accounts payable and its related functions. It will provide a real world practical context by incorporating worked examples and case studies that delegates will see how theory applies in practice and can discuss the various issues raised
TRAINING SUMMARY
The management of the accounts payable (creditors) of an organisation is essentially just one aspect of the management of the cash flow of that organisation. Since organisations cannot survive without adequate cash flows, it follows that the management of accounts payable is a vital aspect of cash flow management. This Accounts Payable training provides for you a deep and detailed introduction to modern accounts payables and their management.
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
CALL ME BACK
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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
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.
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us info@euromatech.com
Yes, we can help by issuing an official Letter of Invitation once you’ve confirmed your training registration, which can assist in your visa application process.
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 inhouse@euromatech.com
EuroMaTech offers a diverse portfolio of training courses designed to meet the needs of professionals at all levels. These include:
- Leadership & Management Development Training
- Technical & Engineering Training Courses
- Project & Risk Management Training
- Health, Safety & Environmental (HSE) Training
- Finance & Accounting Training Courses
- ISO Compliance & Certification Training
- Human Resources & Talent Management Training
- Soft Skills & Communication Training Courses
Yes, EuroMaTech’s training courses are accredited by globally recognized institutions, ensuring high-quality, internationally respected certifications. Key accreditations include:
- ILM (Institute of Leadership & Management)
- CPD (Continuing Professional Development Certification Service)
- PMI (Project Management Institute)
- NEBOSH (National Examination Board in Occupational Safety and Health)
- HRCI (Human Resource Certification Institute)
EuroMaTech provides specialized training courses for a wide range of industries, including:
- Oil & Gas
- Energy & Power
- Construction & Infrastructure
- Banking & Finance
- Healthcare
- Telecommunications
- Logistics & Supply Chain
- Aviation & Aerospace
- Government & Public Sector
- Hospitality & Tourism
- Information Technology & Cybersecurity
- Human Resources & Talent Management
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
Yes, EuroMaTech specializes in tailored corporate training courses designed to meet the unique needs of organizations. These customized courses are ideal for businesses seeking to upskill teams across different departments or regions.
EuroMaTech ensures the highest standards by:
- Partnering with globally recognized accrediting bodies such as ILM, CPD, PMI, NEBOSH, and HRCI.
- Designing training courses with a focus on practical, real-world applications.
- Using experienced instructors with industry expertise.
- Continuously updating course content to reflect current trends and best practices.
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.
EuroMaTech conducts its training courses at prestigious venues across Dubai and other major international cities. Additionally, virtual training options are available, allowing participants to join courses remotely from anywhere in the world.
Yes, EuroMaTech delivers training courses in major cities worldwide, including locations across Europe, Asia, Africa, and the Middle East, in addition to its extensive presence in Dubai.
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.
