The Accounts Payable Quality Metric You Mustn't Ignore Any Longer
Thursday, March 21, 2019; 2 to 3 p.m. EST
Brought to you by:
Eric Hayes, Regional Vice President, FISCAL Technologies, Inc.
Description: Your transactions will not always match, and as a result, your invoices will not be 100% error-free and without defect. These mismatches are exceptions. Are there common error sources that you should be mindful of? Yes, absolutely. Are there also common ways of eradicating these defects? Yes, absolutely. It's imperative, therefore, for you to understand how exceptions occur, where they originate from, what options you have for identifying and correcting exceptions, and how, over time, your costs of processing transactions can be driven down significantly as you improve this very impactful Accounts Payable metric, your Percentage of Exceptions. This presentation will walk you through research and analysis, highlighting some key areas for your review, while also offering advice on where to start with respect to eradicating these defects from your organization.
Eric S. Hayes, a Vice President at FISCAL Technologies, has 20 years' experience in financial and recovery audit services. He has a passion for providing AP, P2P, and Internal Audit teams with overpayment and fraud prevention technologies, best practices and strategies, and has shared his subject matter expertise throughout North America. Eric, a father of four sons, is a proud native of Greensboro and a graduate of East Carolina University.
Program Level: Intermediate
Delivery Method: Group Internet-Based
Advanced Preparation: None
Successful completion of this program qualifies you to receive up to 1 CPE credits.