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The Business Consequences of Manual Accounts Payable Processes

4.3 (177)

Christopher Laga

Paypool

Tuesday, May 25, 2021 | 01:00 PM EDT

  • CPA (Canada)
  • CPA (US)

1 Credit

FREE

Subject Area

Accounting

Webinar Qualifies For

1 CPE credit of Accounting for all CPAs

1 CPE credit for Certified Management Accountants (CMA)

1 CPD credit (Verifiable) for Canadian CPAs

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

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Course Description

Manual accounts payable processes that rely on paper and email hold accounting departments back. This online webinar reviews the three main challenges organizations face when processing AP manually:

  • Invoice intake
  • Coding and workflow approvals
  • Payment processing


We will take a deeper dive into the consequences of costly and inefficient processes that affect office efficiency, internal controls and visibility, business overhead, and personal and organizational growth.

Learning Objectives

  • To highlight the business consequences of manual AP processes
  • To review the three main challenges of manually processing AP (invoice intake, coding and approving workflows, and payment processing)
  • To explore how technology can solve these challenges

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • AP Staff
  • Assistant Controllers
  • Bookkeepers & Accountants & Tax Preparers
  • Business Owner
  • Certified Management Accountant
  • Certified Public Accountant
  • CFO/Controller
  • Directors of Finance
  • Finance Director
  • Senior Accountant
  • Staff of Accounting Firm
  • Tax Firm

Testimonial

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(
    [no_of_record] => 177
    [average] => 4.3051
)
 

4.3

(177)
40%
52%
8%
1%
0%

MM

I really enjoyed Christopher's webinar! His passion for this topic is well communicated and the information he provides is vital to the success of businesses. Well done Christopher!

ML

The statistical portion of the presentation is going to help convince the decision-makers that we need to be more automated.

AH

This is one of the very best presentations I’ve ever attended. Great introduction and follow thru for an entire hour on an interesting and relevant topic.

DP

The webinar was very good. Lots of great, pertinent information on the subject. The instructor was very knowledgeable on the subject matter.

FM

All the facts of consequences of a manual AP system are so right on. I 've experienced most of them. The webinar was so relevant to day's business environment.

TD

Webinar was fairly generic and didn't really address the complexities of different accounting/AP situations at various kinds of business. The cost and time study information was informative. The instructor had a solid understanding of the material