Best Practices for Elevating Your Accounts Payable Internal Controls and Compliance Program

As a foundational corporate transactional function, accounts payable establishes the integrity of the supplier master file within the Procure to Pay (P2P) process and ensures accuracy of this critical financial transaction through the Record to Report (R2R) process.  This means that a best in class compliance and internal controls program is always on the minds of today’s dynamic CFO, controller, shared service executive, and accounts payable director. Along with several important checklists and tables, this whitepaper will provide seven best practices that will elevate your accounts payable internal controls and compliance program to new levels of excellence and provide answers to the following questions:

• Who is Responsible for Compliance and Internal Controls?
• What is the Role of the CFO and Controller?
• What are the Three Critical Corporate Controls?
• What is a Best Practice for Establishing a Delegation of Authority Approval Workflow Process?
• How Can I Improve the Suppler Onboarding Process?
• What Are Some Tips for Detecting and Preventing Accounts Payable Fraud?
• How Can I Improve My Internal Control Process for the Accounts Payable Record to Report (R2R) Process?

Download this white paper today!

Continuing Education Credits available:

Receive 1 CEU toward APM, APS, or P2P recertification! The Accounts Payable Certification and Procure-to-Pay Certification Programs are designed to establish standards for the profession and recognize Accounts Payable and Procure-to-Pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the Accounts Payable and Procure-to-Pay bodies of knowledge.

This white paper is provided free of charge and underwritten by a sponsor. Following your download, you may be contacted by the sponsor with information about their products and services.