Product Details
Procure to Pay Processes
Procure-to-pay (P2P) processes are usually controlled by finance, and often one of the first business processes to become highly automated. But they are also a primary point of contact for suppliers, and payment terms are often a key point of negotiation. As a supply management professional, understanding the unique challenges and opportunities of P2P processes is a core knowledge you must have. This ISM supply management sourcing course offers an overview of the tools and impact of P2P processes. In this sourcing class, you’ll gain valuable skills and knowledge in to help you add value to your organization and advance in your career. The course provides access for 60 days from the date of the purchase.
Member Price: $195.00
ELEARNING
Product Details
Course Objectives:
- Payment Terms:
- Learn how to select the best payment terms.
- Know when to use different kinds of payment terms.
- Maximize Working Capital:
- Understand how to use payment terms to improve cash available for operations.
- Calculate Discount Payment Terms:
- Identify the optimal terms for both the supplier and the organization.
- Calculate Due Dates:
- Know how P2P departments calculate due dates and use payment runs.
Who should attend:
New procurement and supply management professionals, as well as more experienced professionals who want to refresh and update their skills. Also, any company employee who interacts with supply management and suppliers.
-
CEH Credits1.0
-
Product CodeEL-3632
Terms And Conditions
CERTIFICATES
ISM Promotions: ISM promotions are applicable to registrations where other promotions and discounts have not been applied. Any promotion that contains a deliverable by ISM shall be delivered upon the conclusion of the event and verification of your attendance. ISM reserves the right to substitute any promotion with equal or lesser value.
Cancellation of Certificates: Upon purchase, these courses are non-refundable.
Tax Deduction: The Internal Revenue Service may permit an income tax deduction to U.S. residents for expenses (including registration fees, travel costs, meals and lodging) incurred in pursuit of continuing professional education. Consult your tax adviser for details.
RESEARCH
Cancellation: Research purchases are non-refundable.
Intellectual property: This product and the data are protected by United States and International copyright and other intellectual property laws. You may use material on this site for your personal, non-commercial use only. You must obtain our express written permission to reproduce any part of the site or other intellectual property owned by us or to create a link to the site.