Due Diligence for Centralizing Accounts Payable

Course details

What does "Centralizing" mean?  Is it different from "Outsourcing"?

Discover how Centralizing Accounts Payable tasks can increase efficiency and improve compliance of company specific business rules.

Explore what due diligence should be performed to identify how tasks are completed and what decisions are made at each Accounts Payable processing location today.

Identify the groups of employees outside of Accounts Payable that will need to be involved in or aware of the decisions made.

Change management is key in rolling out any new project.  Discover the steps needed to communicate such a change to vendors and to any employees who are involved in the Procure to Pay Work Stream, receive invoices directly from vendors today or have invoice approval responsibilities. 

If you would like Continuing Education Credit (e.g. CPE, CE, CPD, etc.) for this course, it is available if you take this course on the Illumeo dot com platform under course title: Thinking About Centralizing Accounts Payable? - Due Diligence is Critical. Illumeo is certified to provide CPE in over two dozen different professional certifications covering finance, accounting, treasury, internal audit, HR, and more. However, in order to receive CPE credit the courses must be taken on an 'approved-by-the-governing-body' CPE platform, and for over two dozen corporate professional certifications, that is the Illumeo platform. Go to Illumeo dot com to learn more.