Follow the Money: Automating Accounts Payable to Illuminate Cash Management

Tuesday, July 25, 2017 | 2:00 PM – 3:00 PM EST | Free

Automation promises significant efficiency gains for Accounts Payable by removing paper from the invoice and payment process, but Controllers stand to realize the more strategic benefits of enhanced visibility to exert greater control over cash management.

Digitization of AP will allow Cash Managers to “Follow the Money” throughout the process – to preemptively and proactively forecast working capital requirements before invoices are paid, or funds are committed, instead of reactively adjusting cash requirements after funds have been disbursed.

This webinar will highlight how Financial Controllers can leverage AP automation to achieve strategic cash management goals including:

• Enhancing order-to-remittance forecasting to better understand and anticipate working capital needs
• Providing the analytics to optimize DPO (Days Payable Outstanding)
• Enabling maximum early payment discount savings capture through accelerated invoice approval and   dynamic discounting processes
• Ensuring accurate accruals of in-process invoice expenses


Chris 2017 (2)Chris Doxey
Senior Trainer and Consultant, IOFM

As President of Doxey, Inc. and as a management consultant, Chris Doxey works with her clients to implement internal controls and global best practices leveraging her experience at Digital Equipment Corporation, Compaq Computer Corporation, Hewlett Packard, and MCI where she held senior finance and accounting positions. This extensive experience allowed her to implement global compliance requirements and standards of internal control for the procure to pay (P2P) process, Order to Cash (O2C), financial operations and logistics.


richard-waughRichard Waugh
VP Corporate Development, Zycus

Richard has an extensive background in B2B E-Commerce. He helped launch GE’s Trading Process Network (TPN), the first on-line Marketplace for Sourcing and Procurement. He was also Co-Founder of B2eMarkets, one of the first SaaS (Software as a Service) Sourcing Suite providers and later covered the Supply Management market as an Industry Analyst for the Aberdeen Group.


Continuing Education Credits available:

AP CertificationPP-OC_seal_APP_outline.FNL

Receive 1 CEU toward renewing APM, APS, APPM or APPS certification from the Institute of Finance and Management! The Accounts Payable Certification and Procure-to-Pay Certification Programs are designed to establish standards for the profession and recognize Accounts Payable and Procure-to-Pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the Accounts Payable and Procure-to-Pay bodies of knowledge.


This webinar is provided free of charge and underwritten by a sponsor. Following the webinar, you may be contacted by the sponsor with information about their products and services.

Register for this webinar by completing the fields below.

Having issues registering using the form below? Call 570-567-0425 or email customerservice@iofm.com for assistance.

 

Thank you for registering for the webinar: Follow the Money:  Automating Accounts Payable to Illuminate Cash Management. This webinar is Free, courtesy of Invocus, a Division of Zycus.

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