What Accounts Payable and Purchasing Don't Know About Regulatory Compliance and How It Can HURT

This purchasing and accounts payable (AP)regulations training will focus on the necessary steps to be taken to avoid compliance issues, penalties and lawsuits. It will also explain how to identify an organization’s weaknesses and how to address the challenges related to AP and purchasing compliance.

Why Should You Attend:

Revenue shortfalls at all levels of government have greatly increased scrutiny on companies in attempts to find additional revenue. Accounts payable and purchasing are the focus of much additional scrutiny. Increased rate of electronic recordkeeping and electronic transaction processing and the ability to collect and analyze large quantities of financial data have increased the likelihood that a company’s purchasing and accounts payable data will be reviewed by regulators. State, federal and international privacy legislation and rules add to the complexity.

This webinar will provide comprehensive guidance to attendees doing business internationally and facing similar growing challenges related to accounts payable and purchasing compliance issues and risks. It will highlight the regulatory compliance areas and the issues to be addressed and the necessary actions to be taken to avoid the risks and how to meet the challenges related to compliance.

Areas Covered in this Webinar:

Following areas will be covered during the webinar:

• Sources of Change
• Drivers and Catalysts
• Barriers to Compliance
• 15 regulatory compliance areas

• The issues that need to be addressed
• Actions that should be taken
• Record Keeping and Destruction
• A 5 step P2P compliance audit

• Steps to help you identify weaknesses
• How to put in place additional processes and controls to address these challenges.