2020 - Transforming Corporate Spending Processes: T&E and AP Best Practices and Digitization

Part 1 – T&E Best Practices and Process Transformation
Understand all the components, dependencies and interdependencies of the T&E process.
Define the impact of the T&E upon the corporate payment process.
Determine how the T&E process should be organized for maximum efficiency.
Define the roles and responsibilities for the T&E process.
How to develop an embraceable and enforceable T&E policy.
Understand the types and impact of corporate credit cards.
Learn when and how to the use of the corporate cardholder’s agreement.
Define the details of the internal controls for a T&E process.
Understand what regulatory compliance means to the T&E process.
Identify the T&E metrics that will work the best for your T&E process.
Using T&E spend data for decision making
Learn how to transform empower your T&E team with digitization.
Define a blueprint for T&E digitization.
Part 2 – AP Best Practices and Process Transformation
Apply accounts payable best practices in a digitized world.
Determine how AP is a key component of the Procure to Pay (P2P) process.
Tap into the value of the AP process with best practices in the areas of metrics, analytics, and spend analysis.
Determine the process linkages and connection to the P2P process which includes supplier selection, contract & purchase order, supplier master best practices and the impact of good “front end” processes on the payment process.
Delve into the risks and controls needed to ensure compliance from supplier selection through invoice processing, payment and accounting.
Review the risks and internal controls for the AP process starting with the supplier onboarding process through the financial close.
Understand what regulatory compliance means to the AP process.
Define the key dependencies and the business partnerships needed to make the accounts payable process successful.
Obtain examples of AP policies and procedures.
Define blueprints for both AP and P2P digitization.