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Procure to Pay (P2P) Process - Bronze Level

Primed Talent Limited

Summary

Price
£60 inc VAT
Or £20.00/mo. for 3 months...
Study method
Online
Duration
25 hours · Self-paced
Qualification
F&A Process Associate , Business Process Associate
Additional info
  • Exam(s) / assessment(s) not included in price, and must be purchased separately
  • Tutor is available to students

Overview

The course is designed to help you understand how Procure to Pay (P2P) is processed and how vendor accounts and data are created and maintained. This course gives you an insight right from the time you create a vendor till the products/services are delivered and paid for.

We offer a scenario-based online course packed with whiteboard videos, interactive quizzes, programs, methods to avoid errors and alternative process to upskill your knowledge in the P2P process.

Course media

Description

The Procure to Pay (P2P) course strengthens your foundation in just 6 exciting levels.

1. Understanding the Customer

Understand the fundamentals of your client’s business – overall strategy, business drivers, challenges, risks, key customers, competitors, suppliers, a bird’s eye view of their financials, future possibilities.

2. Check your prior Knowledge

The intent in this level is to baseline your current knowledge as this will provide us the basis for the improvement journey.

3. Need for a Structured Learning Program

A look at some of the typical errors made by beginners in this tower – the intent is to get you to reflect about the need for a program like this.

4. Vendor Master

Important to understand different types of industry and vendors and why does it become important to maintain a vendor database (Create, Modify & Delete). This would make the learner understand the importance of Process, follow ETVX, etc.

5. Scanning

Scanning forms an important part in a 3rd party scenario, as the entire process is outsourced. If the scanning is not done well, it could lead to delays and failures at various levels.

6. Indexing

While you receive documents in various modes, it is important to catalogue and bucket them for a consistent process flow.

Who is this course for?

Our course is designed for beginners who want to learn accounting from scratch and laterals working in the P2P process wanting to know more or revise their fundamental knowledge.

Requirements

None

Career path

Process Associate,

P2P payment processing associate,

P2P invoice processing associate

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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