Course Description

Do manual, paper-intensive approval workflows bog you down? Are you tired of chasing approvals, managing exceptions, and paying late fees? All too often, AP teams don't have the necessary workflows in place because they lack clear processes and documentation.

During this webinar, we'll outline best practices for developing an approval workflow that improves the efficiency of your overall payment process while reinforcing separation of duties and organizational transparency.

Learning Objectives

• Identify the most significant challenges your AP team regularly encounters at each stage of the payment process.
• Recognize how to define trackable goals for your AP team using key performance indicators (KPIs).
• Identify how to implement an approval workflow to support timely and transparent disbursements.
• Discover how to measure and sustain improvement throughout your entire AP operation.

Prerequisites

• None

Who Should Attend

CPAs, Finance leaders, AP leaders