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Purchase to Pay Practitioner Qualification

Level 5 Apprenticeship


APARA Group Limited

Summary

Price
Enquire to get more info on pricing
Funding options

Apprenticeship Levy Funded.

Study method
Distance + live classes
Duration
18 months · Part-time
Qualification
No formal qualification
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students
  • This course is an apprenticeship

Overview

The Association of Certified Accounts Payable Professionals (ACAPP) offer the UK's only Purchase to Pay (P2P) Practitioner qualification which is delivered via an apprenticeship and funded by the Apprenticeship Levy.

Resources

  • ACAPP Apprenticeship Brochure - download

Description

The Association of Certified Accounts Payable Professionals (ACAPP) P2P Apprenticeship route is the full ACAPP P2P Certification Programme embedded within a UK Apprenticeship standard. This type of apprenticeship is designed for experienced P2P/Accounts Payable/Finance Professionals who want to learn and become a Certified P2P Practitioner.

Key Topics within this course include:

  • The expenditure cycle
  • Alignment of Purchasing and Accounts Payable
  • Orientation in the P2P environment
  • Scope of Work, vision and mission
  • What P2P is and what it is not
  • Partnering with external service providers
  • Where P2P belongs in the organisational structure
  • Transitioning to a P2P environment
  • Modification of policies and procedures
  • Designing systems and forms
  • Adapting to change
  • Procurement within the organisation
  • Direct vs indirect spend
  • Buying channels
  • Vendor selection and sourcing
  • Establishing the vendor relationship
  • Requisitions and other purchasing documents
  • Purchasing policies
  • Receipt of goods and services / taking ownership
  • Accounts Payable: documents, receipts, invoice processing and reconciliation
  • Handling errors in Accounts Payable
  • Payment methodologies and assignation
  • The use of credit cards in the P2P process
  • Cash management
  • Supply chain finance
  • Vendor management
  • Compliance and regulatory reporting
  • Controls and risk management
  • Internal fraud, external fraud and fraud prevention
  • Automation within the organisation
  • Effectiveness and performance measurement
  • Leadership and management within the changing organisation
  • Change management and moving to the P2P solution

Questions and answers

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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.