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

This seminar focuses on the end-to-end accounts payable process, considers the linkage to the P2P process, and the impact of digitization. This seminar will also address the current trends in the accounts payable process which include eInvoicing, ePayment, Robotic Process Automation (RPA), Artificial Intelligence (AI) & Machine Learning, and eAccounting. This session will consider the implementation of these trends and how the accounts payable process can be modernized.
The accounts payable process or function is immensely important since it involves nearly all of a company's payments outside of payroll. This seminar will provide the best practices, tools, and internal controls that will help to safeguard a company's cash and other assets. The information and tools provided will establish the foundation required for current internal controls and compliance in order to:
Ensure that suppliers are validated in the supplier master file to ensure regulatory compliance
Prevent paying a fraudulent invoice
Prevent paying an inaccurate invoice
Prevent paying a supplier invoice more than once
Be certain that all supplier invoices are properly accounted for to ensure an accurate fiscal close