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This plan includes
- Instant access to 11,000+ online courses
- Play & Pause Course Videos
HD Video Recorded Lectures- Learn on Mobile/PC/Tablet
- Quizzes and Real Projects
- Lifetime Course Certificate
- Instructor Chat Support
- Cancel Plan Anytime
This plan includes
- Instant access to 11,000+ online courses
- Play & Pause Course Videos
- HD Video Recorded Lectures
- Learn on Mobile/PC/Tablet
- Quizzes and Real Projects
- Lifetime Course Certificate
- Instructor Chat Support
- Cancel Plan Anytime
What you'll learn?
- Equip you with the most relevant information for Procure to Pay process and answers for interview questions for Accounts payable and procure to pay roles
- Prepare you for the next big role in Procure to Pay and Accounts Payable
- You will have the competitive advantage over other potential candidates
- Considered as a subject matter expert and become a valuable resource in Procure to Pay and accounts payable for any business
- Have a fair idea of the best practices in Procure to pay and accounts payable process
- You will understand the importance of all critical internal controls and Sox controls in Procure to Pay process and become more control conscious
Course Overview
This course covers the Procure to Pay / Accounts Payable process in a structured manner for every business - 3P MODEL
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P1 - Procurement
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P2 - Processing
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P3 - Payment
~ The concepts are easy to remember and recollect and useful for every business.
~ Best course to learn Procure to pay concepts in less than an Hour.
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Online - Videos explaining all the key aspects of procure to pay. Process overview, Vendor management, Procurement, Invoice processing, Documentation, Payment accounting, Controls, Payment modes, Month close reviews etc.
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This course has information or questions and answers relevant for all stages of your career - beginner, mid-level or senior levels.
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This course is designed in a simple layman language and anyone who doesn't have prior knowledge also can understand the basic concepts and controls in accounts payable, to perform better in your current role and in job interviews as well.
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As a Finance leader who has been managing large teams, I am always involved in selecting the right candidates for the roles. This first-hand experience of the questions asked, and answers given during such interviews forms the basis of this course and the downloadable PDF
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Over the years, I have seen that the candidates are under prepared or do not provide answers in a confident manner. I felt the need to consolidate all the questions and answers which can act as a guide.
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Preparation guarantees performance and this course will be a useful refresher and reference point for any clarifications and for last minute preparation before you attend any accounts payable interviews.
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This course can also be used for induction training for Accounts payable team
Pre-requisites
- No prior finance knowledge is required to understand this course.
- It is in simple layman language and anyone can make use of this course
Target Audience
- Anyone who wants to improve their knowledge in Procure to Pay process - Be it freshers, mid-level or senior level professionals
- Anyone who is eager to move to the next level in the Procure to Pay process
- Anyone who is preparing for a Procure to Pay job interview
Curriculum 26 Lectures 00:57:11
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Section 1 : Procure-to-pay - Accounts Payable
- Lecture 2 :
- Procure to Pay - High level overview
- Lecture 3 :
- Requirement
- Lecture 4 :
- Purchase Requisition and Approval
- Lecture 5 :
- When do you place an Order with Vendor?
- Lecture 6 :
- Empanel new vendors
- Lecture 7 :
- Vendor Set-up
- Lecture 8 :
- Vendor Management
- Lecture 9 :
- Purchase Order and Approval
- Lecture 10 :
- Receipt of Goods or Services
- Lecture 11 :
- Receipt of invoice pack
- Lecture 12 :
- Input Invoices into System - OCR Scanning
- Lecture 13 :
- Invoice reviews - Validation
- Lecture 14 :
- Invoice reviews - Supporting documents
- Lecture 15 :
- Invoice reviews - Disputes
- Lecture 16 :
- Invoice Approval
- Lecture 17 :
- Approved value
- Lecture 18 :
- Payment Terms
- Lecture 19 :
- Payment Batch
- Lecture 20 :
- Bank Approvals
- Lecture 21 :
- Account Reconciliation
- Lecture 22 :
- Important schedules to be reviewed
- Lecture 23 :
- Accounting Entries
- Lecture 24 :
- Internal Controls - Part 1
- Lecture 25 :
- Internal controls - Part 2
- Lecture 26 :
- Travel Expense - High level overview
Our learners work at
Frequently Asked Questions
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How do i access the course after purchase?
It's simple. When you sign up, you'll immediately have unlimited viewing of thousands of expert courses, paths to guide your learning, tools to measure your skills and hands-on resources like exercise files. There’s no limit on what you can learn and you can cancel at any time. -
Are these video based online self-learning courses?
Yes. All of the courses comes with online video based lectures created by certified instructors. Instructors have crafted these courses with a blend of high quality interactive videos, lectures, quizzes & real world projects to give you an indepth knowledge about the topic. -
Can i play & pause the course as per my convenience?
Yes absolutely & thats one of the advantage of self-paced courses. You can anytime pause or resume the course & come back & forth from one lecture to another lecture, play the videos mulitple times & so on. -
How do i contact the instructor for any doubts or questions?
Most of these courses have general questions & answers already covered within the course lectures. However, if you need any further help from the instructor, you can use the inbuilt Chat with Instructor option to send a message to an instructor & they will reply you within 24 hours. You can ask as many questions as you want. -
Do i need a pc to access the course or can i do it on mobile & tablet as well?
Brilliant question? Isn't it? You can access the courses on any device like PC, Mobile, Tablet & even on a smart tv. For mobile & a tablet you can download the Learnfly android or an iOS app. If mobile app is not available in your country, you can access the course directly by visting our website, its fully mobile friendly. -
Do i get any certificate for the courses?
Yes. Once you complete any course on our platform along with provided assessments by the instructor, you will be eligble to get certificate of course completion.
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For how long can i access my course on the platform?
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