IMA Webinar

Cash Management Strategies for Accounts Payable

Wednesday, August 17, 2016 at 01:00 PM Eastern Daylight Time

Duration: 60 minutes

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Event Description

Accounts payable is a critical function that must be managed effectively. If not, you run the risk of being a victim of fraud, wasting cash on penalty charges, duplicate payments, and even compromised controls. Even in well-running AP departments, there is an opportunity to refine the strategy to optimize cash management.

In this webinar, we will discuss how you can manage your AP organization to improve cash management. We will explore:

• Leveraging technologies that enable payment scheduling
• Working with vendors to ensure favorable payment terms and discounts
• Determining where you may be spending more than you need to
• Understanding the use of commercial credit cards and their hidden benefits

Don't miss this session to learn which opportunities can have the most impact on your organization.

Learning Objectives

After this webinar, you will be able to:

1. Explain how to incorporate commercial credit cards into your payment strategy
2. Understand how technologies can be used to ensure AP is managed most efficiently with the focus on cash management
3. Identify areas in your current process where you can make immediate changes
4. Outline how to work with vendors to support your cash management strategies

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Institute of Management Accountants (IMA®) 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.learningmarket.org.

Please Note: Recorded webinars are not eligible for CPE credit.