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P2P Metrics and Reporting

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This training on Procure to Pay (P2P) process will discuss the role and power of key metrics and reporting. It will provide a road map and practical guidance for developing and implementing effective metrics that can be used in formulating a P2P Dashboard.

Speaker
Instructor: Chris Doxey
Product ID: 702816
Training Level: Intermediate

Why Should You Attend:

The P2P process can be difficult to measure since procurement, receiving and accounts payable may report to different sections in organizations. In some companies, accounts payable usually reports to finance and procurement may report to supply chain management.

This online training course will identify the key functions that impact the P2P process. It will provide an idea of how metrics can highlight the negative and positive aspects of this important process. Attendees will learn how to actually use metrics and trends to develop areas for business process improvement. The instructor will focus on the integral process dependencies within the P2P process. The four foundational groups of metrics for P2P process will be defined. Participants will learn how to implement a meaningful reporting process.

This webinar will also help attendees understand how the P2P process can provide cost savings and improvements to working capital. It will provide examples of metrics and dashboards that have been used at well-known companies.

Areas Covered in the Webinar:

This webinar will cover the following areas:

Who will Benefit:

It will be beneficial for the following personnel involved in the procurement and account management:

Instructor Profile:

Chris Doxey, is currently an independent management consultant specializing in internal controls, compliance, corporate governance and policy, procure-to-pay, supplier management, financial system architecture, and financial business process best practices.

Ms. Doxey is a Certified Accounts Payable Professional (CAPP), holds a Certification in Controls Self -Assessment (CSA), and also is a Certified Internal Controls Auditor (CICA). She has developed a certification program for controllers for the Institute of Finance and Management (IOFM).

She has held senior financial management and controller positions at Digital Equipment Corporation, Compaq Computer Corporation, Hewlett Packard, MCI, APEX Analytix, and BSI Healthcare. Besides, her work with the IOFM, she has written numerous articles and published two handbooks: AP Leadership Skills and Implementing a Controls Self-Assessment Program for Accounts Payable. She presents at several conferences and provides a multitude of webinars each year.

Topic Background:

Metrics and reporting need to move beyond the standard set of financial measurements and need to include a broader process view of an operation. The reporting process should identify areas for process improvement and automation. For example: the balanced scorecard retains traditional financial measures. But financial measures tell the story of past events, an adequate story for industrial age companies for which investments in long-term capabilities and customer relationships were not critical for success. These financial measures are inadequate however, for guiding and evaluating the journey that information age companies must make to create future value through investment in customers, suppliers, employees, processes, technology, and innovation.

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Refund Policy
"Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance.
ComplianceOnline would process/provide refund only if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange. Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs."
For substitution, please email editor@complianceonline.com or call +1-650-620-3937.

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Training Options Training Duration = 60 Min
$199.00 Access Recorded Version Only
One Person - Unlimited viewing for 6 Months
(For multiple licenses contact Customer Care)
Recorded Link and Ref. material will be available in My CO Section
$399.00 Get Training CD Only
One CD is for usage in one location only.
(For multiple locations contact Customer Care)
CD and Ref. material will be shipped within 15 business days