Accounts Payable : Seven Lean and Mean Internal Controls and Compliance Best Practices

Given their crucial role in the business, accounts payable processes are subject to compliance requirements and internal controls that can be complicated and overwhelming. Companies that operationalize best practices into their AP processes and monitor them with internal control systems can manage the complexity, prevent transactional or closing problems, and consistently maintain the integrity of their corporate transactions throughout the Procure to Pay (P2P) and Record to Report (R2R) processes. This webinar will provide 7 Lean and Mean best practices that have been implemented in proactive companies of all sizes.

We will cover the following areas:

• Introductions
• Who really owns Compliance and Internal Controls?
• What does Compliance Mean to Accounts Payable?
• What are the Three Critical Corporate Internal Controls?
• Your 7 Lean and Mean Best Practices to Elevate Your Accounts Payable Internal Controls and Compliance Program
• Your Road map for Implementation
• Q&A

Attend and obtain the seven key internal controls and compliance best practices process that support the accounts payable transactional and closing process.

You will gain an understanding of the critical relationships and impacts that the accounts payable process maintains within a company and understand the key pain points that every accounts payable department faces and learn how they can be addressed.

• General Compliance and Internal Controls Best Practices
• Best Practices for Onboarding Your Suppliers and Staying in Compliance
• Learn the Importance of TIN Matching
• Vendor Master Internal Controls Best Practices
• The Top 20 Account Payable Internal Controls
• How Automation Can Help!

This will benefit a wide array of Professionals such as:

• CFOs & Controllers
• Shared Service
• Managers & Directors
• Procure to Pay Professionals
• Internal Auditors
• Internal Controls Professionals