Due Diligence for Centralizing Accounts Payable | Accounting & Bookkeeping Online Course by Udemy

Finance & Accounting Online Course by Udemy, On Sale Here

This course explores centralizing accounts payable and the importance of due diligence.

An excellent training about Accounting & Bookkeeping

Due Diligence for Centralizing Accounts Payable

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.

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