Cash Flow Management

Business Management

 The process by which an individual determines direction, influences a group, and directs the group toward a specific goal or mission. 

Cash Flow Management

Course Description

The organization of the accounts payable function and the management of the accounts payable
role are of vital importance to the effective control of working capital and therefore cashflow.
This training course provides businesses and other organizations with a strong sense of where
they stand against industry leaders and shows them how to take their services and organizational
processes to state-of-the-art levels.
Documented strategies and tactics employed by highly admired companies are presented both
successful and unsuccessful to illustrate the real-world functionality of cash flow management
process and approach.

Learning Outcome

By the end of this workshop, participants will be able to:
• Recognize the importance of the accounts payable function with regard to its links with the supply
chain and cashflow
• Analyze the integrated systems of purchase order processing, stock (inventory) control, purchase
ledger and cash payments and their links with the general ledger
• Optimize how to effectively manage cash and working capital to reduce costs and improve cash
• Understand the impact of risk and uncertainty on the business and its impact on accounts payable
and cashflow
• Learn how leading companies from across the globe are achieving best practice in Accounts
• Work effectively with the fundamentals of accounts payable, financial accounting and the supply
• Understand and apply the fundamentals of accounts payable systems
• Review and comment on payment methods and cash management
• Analyze the need to incorporate risk and uncertainty into accounts payable analysis
• Identify best practice across all industries

Course Content

  • Module 1: Accounts Payable, Financial Accounting and the Supply Chain
  • Module 2: The Accounting Environment and the Structure of the statement of Cashflow
  • Module 3: Achieving Best Practice in Accounts Payable Processes
  • Module 4: Defining the issues in Accounts Payable
  • Module 5: Invoice Handling and Effective Operational Accounting
  • Module 6: Master Vendor File Management
  • Module 7: Improving Invoice Processing and Operational Management
  • Module 8: Managing Short Paying Invoices and Paying “low value” items
  • Module 9: Using Supplier statements
  • Module 10: Harnessing Technology in the Accounts Payable Processes
  • Module 11: Making the Payments and Maintaining the Relationships
  • Module 12: Communications & Customer Relations
  • Module 13: Improving Procure to Pay(P2P) Cycle
  • Module 14: Payments and Payment Solutions
  • Module 15: Cash Management 

Get In Touch For More Information

Contact us for a quote or in case of any urgent queries please send us an email on: info@orientmct.com
we will get back to you right away!