Auditing Procure to Payment

Elevate your skills in procurement auditing with our Auditing Procure-to-Pay Webinar, a practical 4 CPE-credit course designed for accountants and internal auditors aiming to streamline business processes, reduce costs, and enhance the effectiveness of procurement and accounts payable audits. This event focuses on empowering professionals with tools and techniques to efficiently audit the Procure-to-Pay (P2P) Cycle while managing risks and improving internal controls.
 
Why Attend?
1. Master Procurement Audits - Gain comprehensive insights into the Procure-to-Pay cycle, including vendor management, supply chain risks, and internal controls.
2. Reduce Costs and Drive Improvement - Learn how top organizations drive cost savings and improve processing speed through effective procurement strategies.
3. Build Your Professional Credentials - Expand your expertise and earn 4 CPE credits, showcasing your commitment to improving procurement auditing processes.
4. Enhance Fraud Detection Skills - Learn forensic methods to identify and prevent fraud within procurement and payment systems.
 
What You’ll Learn
This interactive half-day seminar provides practical tools and targeted knowledge to enhance your procurement auditing.
 
Key Topics Include:
1. Internal Controls in the Procure-to-Pay Cycle
What internal controls are essential in P2P processes.
Best practices for procurement, ordering, receiving, invoice processing, and payment.
2. Managing Supply Chains and Vendor Risks
Identifying and mitigating supply chain challenges.
Strengthening the vendor master file to reduce risks and ensure compliance.
3. Forensic Techniques for Fraud Detection
Methods to uncover potential P2P fraud and improve process integrity.
Conducting effective forensic analyses of vendor data.
4. Procurement Process Improvement
Case studies on accounts payable audits and cost reduction.
Strategies to align procurement with organizational goals for efficiency and savings.
 
Benefits of Attending
By joining this session, you’ll gain actionable insights to:
Improve Procurement Efficiency: Streamline auditing processes for faster and more reliable results.
Reduce Organizational Risk: Identify vulnerabilities and apply smart controls to mitigate risks.
Enhance Cost Management: Learn strategies for reducing administrative costs while maintaining effectiveness.
Boost Professional Development: Earn 4 CPE credits to solidify your expertise in procurement auditing.
 
Event Details
Schedule: Sessions are held every eight weeks on Fridays from 10 a.m.–2:30 p.m. CST.
Format: Group internet-based webinar.
CPE Credit: 4 NASBA-certified credits in Auditing.
Fee: $280.
Private Training: Custom courses available for groups of two or more.
 
Who Should Attend?
This webinar is ideal for professionals responsible for auditing procurement and accounts payable processes, including:
Accountants and Internal Auditors: Gain expertise in auditing the P2P cycle and implementing effective internal controls.
Compliance Officers: Improve oversight of procurement compliance and reduce risks.
Finance and Procurement Leaders: Drive cost reductions and refine business processes.
 
Why Auditing the Procure-to-Pay Process Matters
The Procure-to-Pay cycle represents a significant portion of administrative expenditures. By effectively auditing this process, you can:
Ensure Compliance: Align procurement and payment practices with organizational policies and regulatory requirements.
Detect and Mitigate Fraud Risks: Strengthen controls and utilize forensic techniques to uncover vulnerabilities.
Improve Operational Efficiency: Leverage insights and strategies to save time and reduce inefficiencies.
 
Register Today
Don’t miss this chance to sharpen your auditing skills and make a meaningful impact on your organization’s bottom line. Join the Auditing Procure-to-Pay Webinar and gain the knowledge, tools, and confidence to audit procurement processes effectively.
 
Register now to secure your spot and advance your professional development with 4 CPE credits in auditing!