Introduction
Effective management of accounts payable and receivable is critical to ensuring healthy cash flow, maintaining financial stability, and supporting the overall financial performance of an organization. This comprehensive course is designed to equip participants with the practical skills, tools, and knowledge needed to efficiently manage both functions in today’s fast-paced business environment. Participants will explore strategies for streamlining payment and collection processes, minimizing risks, improving working capital, and enhancing supplier and customer relationships. The course also covers regulatory compliance, internal controls, and industry best practices, enabling finance professionals to drive greater efficiency and accuracy in managing financial obligations and incoming payments.
Course Outline
- Module 1
- Module 2
- Module 3
- Module 4
- Module 5
- Course Objectives
- Target Audience
AP & AR Management
- Overview of AP and AR.
- Accounting cycle and AR/AP integration.
- Policy and procedures for AP and AR.
- Vendor and customer relationship management.
- Process invoices efficiently and accurately.
Cash Flow Management through AP & AR
- Utilizing AP and AR to manage cash.
- Improve liquidity by optimizing payment cycles.
- Discounts vs. late payment implications.
- Accelerate cash inflow by managing receivables.
- Credit management’s impact on AR.
Enhancing AP & AR Operations
- Risk factors in AP and AR operations.
- AP and AR fraud prevention and detection.
- Internal controls to safeguard assets.
- Assessing and managing AR credit risks.
- Managing discrepancies and disputes.
- Internal and external audit requirements.
Customer Relationship Management in AR
- Enhancing Accounts Payable Operations:
- Supplier Relationship Management.
- Enhancing Accounts Receivable Operations.
- Credit Management.
- Customer Relationship Management.
- Collection Strategies.
Performance Metrics
- Accounts Payable Metrics:
- – Days payable outstanding.
- – Invoice processing time.
- – Error rate in payments.
- Accounts Receivable Metrics:
- – Days sales outstanding.
- – Average collection period.
- – Receivables turnover ratio.
- – Percentage of bad debt to sales
By the end of this course, participants will be able to:
- Explore techniques to manage and optimize AP and AR processes.
- Optimize cash flow through effective management of AP and AR.
- Master the art of negotiating terms with suppliers and managing customer credit.
- Learn ways to reduce errors and insure compliance in AP and AR operations.
- Explore risk management in AP and AR, including fraud prevention and credit risk assessment.
- Explore the key metrics and indicators to evaluate the performance of AP and AR processes.
This course is ideal for
- Accounts Payable & Receivable clerks.
- Accounting and Finance Staff.
- Business Owners and Managers.
- Credit Managers.
- Internal Auditors.
- Compliance Officers.
Course Schedule & Fees
- Kuala Lumpur
- Singapore
- Amsterdam
- Online
- Course Fees
This course will take place in Kuala Lumpur on the following dates:
| 12/05/2025 | 26/05/2025 | 09/06/2025 | 23/06/2025 |
| 07/07/2025 | 21/07/2025 | 04/08/2025 | 18/08/2025 |
| 01/09/2025 | 22/09/2025 | 06/10/2025 | 20/10/2025 |
| 10/11/2025 | 24/11/2025 | 15/12/2025 | 05/01/2026 |
| 26/01/2026 | 16/02/2026 |
This course will take place in Singapore on the following dates:
| 05/05/2025 | 26/05/2025 | 16/06/2025 | 30/06/2025 |
| 21/07/2025 | 11/08/2025 | 01/09/2025 | 22/09/2025 |
| 13/10/2025 | 03/11/2025 | 24/11/2025 | 15/12/2025 |
| 05/01/2026 | 26/01/2026 |
This course will take place in Amsterdam on the following dates:
| 19/05/2025 | 09/06/2025 | 30/06/2025 | 21/07/2025 |
| 11/08/2025 | 01/09/2025 | 22/09/2025 | 13/10/2025 |
| 03/11/2025 | 24/11/2025 | 15/12/2025 | 05/01/2026 |
| 26/01/2026 | 16/02/2026 |
This course will take place Online the following dates:
| 06/05/2025 | 03/06/2025 | 01/07/2025 | 29/07/2025 |
| 26/08/2025 | 23/09/2025 | 21/10/2025 | 18/11/2025 |
| 16/12/2025 | 13/01/2026 | 10/02/2026 |
| Kuala Lumpur | Singapore | Amsterdam | Online |
| USD$ 3,580 | USD$ 5,600 | USD$ 5,600 | USD$ 1,920 |
