ComplianceOnline

The accounts payable function is changing at a dizzying pace. Technology, new frauds and regulatory changes are all taking their toll. What worked yesterday may not work today. Given the current business environment, mounting regulatory pressures, and the increased visibility and importance of the accounts payable function, best practices are something with which every professional needs to be conversant. Unfortunately, keeping up to speed these days can be like herding cats. While some best practices remain steadfast, others simply no longer work and are being replaced by new practices just now appearing.

The talk will include a discussion of the newest best practice every organization should implement to ensure crooks don't get their hands on money or sensitive information. This is one session you might want to invite your colleagues in accounting, auditing and payroll to so they implement appropriate best practices and are not bamboozled by some of the newest frauds.

The truth is that companies ignore accounts payable best practices at their peril and the impact is felt on your bottom line. It's that simple—yet some organizations continue to turn a blind eye to the leakage that occurs due to poor or inefficient process in their AP operations. Don't be one of them!

This inter-active session will be filled with real-life examples and attendees will have the opportunity to not only interact with other attendees but see how they’d treat different delicate situations.

Seminar Fee Includes:
Lunch
AM-PM Tea/Coffee
Seminar Material
USB with seminar presentation
Hard copy of presentation
Attendance Certificate
$100 Gift Cert for next seminar

Learning Objectives:

After this session, you will be able to:

  • Improve your invoice processing
  • Implement effective payment technologies
  • Comply with regulatory issues affecting the payment process
  • Avoid costly mistakes due to spoofed emails
  • Improve the invoice approval response time
  • Reduce the number of invoices submitted more than once
  • Earn more early payment discounts
  • Minimize the number of request for Rush payments and checks returned to requisitioners
  • Avoid costly master vendor file practices
  • Deter fraud (both internal and external)
  • Identify problems within their existing master vendor file practices
  • Implement master vendor file best practices that will enable proper TIN solicitation
  • Identify best control practices for the entire procure-to-pay process
  • Evaluate your own processes to identify weak controls that need tightening;
  • Identify frauds that can be prevented through good master vendor file practices
  • Make their master vendor file fraud-resistant;
  • Identify and collect all data needed to run an efficient and regulatory compliant AP function;
  • Address the segregation of duties issue correctly
  • Identify the types of payment frauds likely to impact your organization
  • Pinpoint seven common myths that often lull an organization into thinking they don't have to take action against payment fraud
  • Evaluate the different fraud protection products offered by the banking community
  • Create the proper controls within your organization so you can stop employee fraud
  • Address corruption and bribery issues
  • How to document new vendors
  • How to handle single purchase vendors in the master vendor file
  • How to prevent fraud in the master vendor file
  • What special treatment should you give critical vendors
  • Dealing with vendors who make nuisance calls
  • Dealing with unpleasant vendors and more

Who Will Benefit:

  • Accounts payable manager
  • Accounts payable director
  • Accounts payable supervisor
  • Accounting manager
  • Controller
  • Assistant controller
  • Accounts payable associate
  • Accountant
  • Accounting manager
  • Disbursements manager
  • Assistant accounts payable manager
  • Payment professionals
  • Cash managers
  • Treasury professionals
Register by phone or need assistance? Call +1-888-717-2436 Register Now Download Brochure
Day 01(1:00 PM - 4:30 PM)
  • Registration Process: 1:00 PM – 1:30 PM
  • Session Start Time: 1:30 PM
  • 1:45pm - 2:45pm Best Practices Overview
    • Why best practices matter
    • Why best practices are changing
    • Identification of some worst practices
    • Best invoice handling processes
    • Best payment processes
    • Best expense review processes
  • 2:45pm - 3:15pm Best Practices Currently in Use at Other Companies
    • See how your invoice handling practices compare
    • See how your master vendor file practices compare
    • See how your payment practices compare
  • 3:15pm - 3:45pm Invoice Handling Best Practices and Issues
    • Problems caused when invoices aren’t processed efficiently and how to fix this
    • Most common invoice problems and how to handle them
    • Less common invoice problems and how to handle them
  • 3:45pm – 4:00pm The Evolving Payment Process and How to Adapt
    • The new email dilemmas (BEC, W2 info etc.)
    • Same Day ACH: Where does it fit into your process
    • Best practices when converting vendors to ACH
  • 4:00pm – 4:30pm TIN Solicitation BP
    • Colleting TINs
    • Using IRS TIN Matching
    • When should you request a new TIN
    • New best practice for verifying TIN information
Day 02(8:30 AM - 4:00 PM)

  • 8:30 - 9:00 Greet, review previous day’s topics/answer questions
  • 9:00 – 9:45 Master Vendor File
    • Identify problems within their existing master vendor file practices
    • Implement master vendor file best practices that will enable proper TIN solicitation
    • Identify frauds that can be prevented through good master vendor file practices
    • Make their master vendor file fraud-resistant
    • Address the segregation of duties issue correctly
  • 9:45 – 10:15 Vendor issues and Problems
    • How to deal with operational issues related to vendors
    • Addressing master vendor file problems
    • Dealing with 5 types of difficult vendor situations
  • 10:15 – 11:00 Internal Controls Master Plan
    • Why internal controls are critical to preventing fraud and duplicate payments
    • How control problems are created
    • The 7 building blocks for your internal control master plan
  • 11:00 – 11: 40 Internal Controls in AP: Step-by-Step
    • Identify best control practices for the entire procure-to-pay process
    • Evaluate your own processes to identify weak controls that need tightening
    • Fix the questionable controls so fraud and erroneous payments don't sneak through
  • 11:40 – 12:00 Internal Controls: Often-Overlooked Control Weaknesses
  • 12:00 - 1:00 Lunch
  • 1:00 - 1:45 Common Regulatory Issues Directly Impacting the Accounts Payable and Payment Process
    • Overview of the Regulatory Compliance Issue
    • 1099 Reporting Requirements
    • Unclaimed Property reporting requirements
    • Sales and Use tax reporting
    • How you are supposed to verify payments under OFAC
    • Your responsibilities under FCPA
    • Conflict Mineral Reporting
  • 1:45 – 2:45 Payment Fraud Prevention/Detection Best Practices
    • Check fraud prevention best practices
    • P-card fraud prevention best practices
    • ACH fraud prevention best practices
    • Wire transfer fraud prevention best practices
  • 2:45 – 3:30 Evolving Issues Impacting Fraud
    • Technology’s impact on the payment process and Fraud
    • BEC fraud and how to identify and stop it
    • Identifying situations where fraudsters are trying to get unauthorized information for fraudulent purposes
  • 3:30 - 3:50 Best Practices to Curtail Fraud and Keep Expenses Down
    • Identify weaknesses in your own accounts payable function that may expose your business to fraud
    • Detect potential external fraudulent situations early so you can prevent losses
    • Why time is not your friend in the fight against fraud
    • Best practices that prevent and detect fraud
  • 3:50 – 4:00 Concluding Remarks
Register by phone or need assistance? Call +1-888-717-2436 Register Now Download Brochure
Mary Schaeffer

Mary Schaeffer
Accounts Payable Best Practice Trainer, Writer/Content Creator, Consultant and Program Developer

Mary S. Schaeffer, a nationally-recognized account payable expert, is the author of 18 business books, a monthly newsletter, and a free bi-weekly e-zine, as well as several CPE courses for CPAs. She runs AP Now, a boutique publishing and consulting firm focused on accounts payable issues. She also serves as the Education Director for the Institute of Financial Operations. Before turning to writing and consulting she worked in the corporate world as an Assistant Treasurer for the Equitable Life Assurance Society, a Financial Risk Manager for O&Y and a Corporate Cash Manager for Continental Grain. A frequent and popular speaker at both live and online events, she has an MBA in Finance and a BS in Mathematics.

Register by phone or need assistance? Call +1-888-717-2436 Register Now Download Brochure

Register Now

Online using Credit card

$799.00

Seminar One Registration

April 26-27, 2018, Phoenix, AZ
(Registrations till January 15, 2018 - $799)
(Registrations till March 14, 2018 - $999)
(Registrations after March 14, 2018 - $1099)




Early bird seats are limited and based on first-come, first-serve.

Your registration fee includes the workshop, all course materials and lunch.


For discounts on multiple registrations, contact customer care at +1-888-717-2436.

Other Registration Option

By order form / PO#

Payment Mode

By Check -
Pay your check to (payee name) “MetricStream Inc” our parent company and Mail the check to:

ComplianceOnline (MetricStream, Inc),
2479 East Bayshore Road Suite 260
Palo Alto, CA 94303
USA

By Wire -

Register / Pay by Wire Transfer

Please contact us at +1-888-717-2436 to get details of wire transfer option.

Terms & Conditions to Register for the Seminar/Conference/Event

Your registration for the seminar is subject to following terms and conditions. If you need any clarification before registering for this seminar please call us @ +1-888-717-2436 or email us @ customercare@complianceonline.com

Payment:
Payment is required 2 days before the date of the conference. We accept American Express, Visa and MasterCard. Make checks payable to MetricStream Inc. (our parent company).

Cancellations and substitutions:
Written cancellations through fax or email (from the person who has registered for this conference) received at least 10 calendar days prior to the start date of the event will receive a refund - less a $150 administration fee. No cancellations will be accepted - nor refunds issued - within 10 calendar days before the start date of the event.

On request by email or fax (before the seminar) a credit for the amount paid minus administration fees ($150) will be transferred to any future ComplianceOnline event and a credit note will be issued.

Substitutions may be made at any time. No-shows will be charged the full amount.

We discourage onsite registrations, however if you wish to register onsite, payment to happen through credit card immediately or check to be submitted onsite. Conference material will be given on the spot if it is available after distributing to other attendees. In case it is not available, we will send the material after the conference is over.

In the event ComplianceOnline cancels the seminar, ComplianceOnline is not responsible for any airfare, hotel, other costs or losses incurred by registrants. Some topics and speakers may be subject to change without notice.

Attendance confirmation and documents to carry to the seminar venue:
After we receive the payment from the registered attendee, an electronic event pass will be sent to the email address associated with the registrant 5 working days before the seminar date. Please bring the pass to the venue of the event.

Conference photograph / video:
By registering and attending ComplianceOnline conference, you agree to have your photographs or videos taken at the conference venue and you do not have any objections to ComplianceOnline using these photos and videos for marketing, archiving or any other conference related activities. You agree to release ComplianceOnline from any kind of claims arising out of copyright or privacy violations.

Location:

Phoenix, AZ
(Venue to be announced shortly)

April 26-27, 2018

Register by phone or need assistance? Call +1-888-717-2436 Register Now Download Brochure

We are pleased to offer several exhibitor, sponsorship and media partnership options designed to maximize your company's exposure and networking opportunities before, during and after the event.

Benefits of becoming a Sponsor/Exhibitor/Media Partner:

  • Logo on website, marketing email, branding materials & the registration booth
  • Exhibit Space
  • Free event pass
  • Speaking opportunity
  • Social media campaign

For more details and other sponsorship options at this event, please contact Event Manager: customercare@complianceonline.com or call: +1-650-238-9656

Media Partner:

Media Partner

Register by phone or need assistance? Call +1-888-717-2436 Register Now Download Brochure

Local Attractions of Phoenix, AZ

Phoenix Skyline

Phoenix Skyline

Downtown Phoenix offers something for everyone including, museums, performing arts venues and a thriving art scene as well as a large sports presence. Chase Field is home to the Arizona Diamondbacks and the US Airways Center is home to the Phoenix Suns, the Phoenix Mercury, the Arizona Rattlers and the Phoenix Roadrunners.

METRO Light Rail Transportation

METRO Light Rail Transportation

METRO is now open and operating with traffic in the cities of Phoenix, Tempe and Mesa. At any time of the day or night, you can find yourself near an operating light rail vehicle or a METRO train consisting of two or three vehicles connected together.

MLB Spring Training

MLB Spring Training

The Cactus League has been an Arizona tradition for over a half-century. What began as a two-team league in 1947 has grown to twelve Major League Baseball teams playing in seven cities throughout the state. The league's popularity is at an all-time high with games scheduled every day in March. The Cactus League offers baseball enthusiasts an excellent opportunity to enjoy their favorite teams in fan-friendly, state-of-the-art ballparks.

Arizona Sunset

Arizona Sunset

Be sure to bring your camera as the desert offers spectacular sunsets and beautiful scenery year round.

Red Rocks

Red Rocks

Red Rock State Park in Sedona (110 miles) is an open-sky theatre of fabulous rock formations. Sprawled across 286 unspoiled acres, this popular park is the perfect starting point for hiking, picnicking, bird watching and photography.

Cathedral Rock

Cathedral Rock

Cathedral Rock in Sedona is 110 miles away and offers a great hiking trail for the adventurous. Cathedral Rock, also known as 'Lovers', was thought to be created by the Great Spirit. A couple of lovers, who always argued, were asked by Him to look around at the beautiful surroundings and count their blessings. The couple was believed to never argue thereafter and stands in perfect harmony.

Register by phone or need assistance? Call +1-888-717-2436 Register Now Download Brochure

We need below information to serve you better

Best Sellers
You Recently Viewed
    Loading