E-Payments - Complying to Auditor's Standards

This E-payments compliance training will dig in to the emerging market of electronic payments, invoicing, and workflow and how that relates to the myriad of requirements from internal and external auditors.

Why Should You Attend :

Is your current Accounts Payable process doing everything they can to streamline their staff and be as efficient as possible? With any new technology comes the question of compliance. Electronic Payments have become so common in many industries that auditors not only like the process but prefer it over traditional means of Accounts Payable processing. The less paper in the process the more efficient and easier to manage the process will be.

What can you be doing today to eliminate the waste that may be occurring in an older process? This topic will help to uncover several areas that can simplify your staff’s day to day process of invoice receipt, input, workflow, and payment.

Areas Covered in the Webinar :

• Electronic storing of invoice backup.
• Electronic Payments and their approval.
• Software compliance with accounting standards.
• How are short payments dealt with?
• How are GL and accounting codes properly populated.
• 1099 requirements.

Who Will Benefit :

The following personnel will benefit from this training

• Financial Officers
• Risk Officers
• Internal Auditors
• Operational Risk Managers
• Business Managers/ Controllers
• Accounts Payable Managers and Staff

Instructor Profile :

Brent Meyers, has worked for Commerce Bank since May 2008 and is responsible for business development and commercial card services within the Midwest Territory. He specializes in Automated Accounts Payable and Electronic Invoice Presentment and Payment (EIPP) solutions. Prior to joining Commerce Bank, he spent more than 8 years working at Enterprise Rent-A-Car, located in St. Louis, MO. There he held positions in Accounts Payable; Claims; and Credit Cards, both on the merchant and issuing side.