In this webinar, we will look at the attributes and benefits of modern accounts payable. The focus will be on how AP automation strategies can improve both accounting and operational workflows. We’ll describe best practices for, and benefits of, taking a strategic approach to AP.
Accounts payable often fails to rise to a top priority for management and yet it’s an essential lever for optimizing working capital to fuel growth. In this session, we look at how modern AP practices and tools have evolved in response to digital payment innovations, software integrations, and even ambient technologies. We will consider the risks associated with AP processes, and how to manage them. The session will also focus on how taking a strategic approach to accounts payable carries important benefits, looking at the role and responsibilities of the various stakeholders for such an approach. Finally, we will review AP automation tools, how they fit into the overall financial tech stack and how to evaluate the right fit for your organization. Ultimately modern AP seeks to free up both working capital and the time of valuable finance and accounting talent to focus on higher-value analytical work.
CPE credit: One CPE credit offered for successful completion.
Program Level: Basic
Prerequisites: Familiarity with GL systems like Quickbooks Online, NetSuite, Xero, or Intacct.
No advanced preparation needed.
Free to attend.
Official National Registry Statement:
Airbase is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.