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Procure to Pay (P2P) Process - Silver Level


Primed Talent Limited

Summary

Price
£200 inc VAT
Or £66.67/mo. for 3 months...
Study method
Online
Duration
20 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Certificate of completion - Free
Additional info
  • Tutor is available to students

Overview

The P2P -Silver Level course is designed to help you understand why and how to process a vendor master data, authorize (processing), payment and handle vendor queries.

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 5 exciting levels.

1. 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.

2. Master Data Maintenance

To have the list of vendors in a consolidated centralized application. This would help the learner on how the process flows to modify and delete the vendor master records. Understand the criticality behind reviewing and maintaining vendor master data.

3. Authorize (Processing)

Important to understand the different ways to process invoice payments and also, match the invoices with its respective purchase orders and goods receipt notes. (3 way and 2 way match). Also work on PO and Non PO transactions.

4. Helpdesk

The purpose is to understand how to resolve customer queries and process vendor reminder and statements.

5. Payments

Understand various methods to process payments like electronic, cheque, manual payments and direct debit. This also gives you an understanding on how to deal with void cheques received.

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

Career path

Process Associate, P2P payment processing associate, P2P invoice processing associate

Certificates

Certificate of completion

Digital certificate - Included

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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.