We operate in a paperless environment. Internal controls are more critical in a paperless environment. We must rely on technology. It all starts with accounts payable since it is at the core of all other company processes, systems & functions. Hence accounts payable must drive all internal control elements of awareness and concern.

• Learn the value of internal controls for accounts payable in a paperless environment
• Learn how to protect company assets, ensure adherence to company goals & objectives through internal controls in accounts payable
• Learn the foundation-principles, best practices, interactions & organizational awareness of accounts payable internal controls
• Learn the difficulty of establishing internal controls in a paperless environment & how technology can reduce the risks & difficulty

Internal Control Best Practices:

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  • Defined approval authority
  • Separation of duties
  • Rotating process responsibilities
  • Maximize technical tools
  • In-process approval & verification
  • Control of assets & assigned responsibility
  • Data management & file retention
  • Independent verifications
  • All in a technology-based paperless platform

• This Webinar looks at best practices in accounts payable to include:
  • Institutional framework
  • Foundation & Core Principles
  • Best Procession Practices
  • Interactions & Interfaces
  • Technology as an Enables
  • Organizational & Functional Awareness

• Accounts Payables Personal i.e Specialist
• Supervisors
• Managers
• Accounting
• Managers
• Controllers
• CFO’s. Internal Auditors
• Accounting personnel
• Cash Control & Treasury personnel