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Self-Study CPE
NEW REVENUE RECOGNITION AND LEASING STANDARDS
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UNDERSTANDING AND IMPLEMENTING REVENUE RECOGNITION
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ACCOUNTING FOR INCOME TAXES
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Free cpe webinars
Seven Best Practices to Reduce Risk in Your Supplier Onboarding Process

SEVEN BEST PRACTICES TO REDUCE RISK IN YOUR SUPPLIER ONBOARDING PROCESS

Cost Free
CPE Credits 1.0 hour
Subject Area Accounting
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

Leading organizations recognize the importance of comprehensive supplier qualification processes but struggle to communicate qualification requirements to potential suppliers, and have difficulties creating a baseline for evaluating supplier risk levels.  Ardent Partners reports that 51% of the respondents in “The CPO’s Top Goals for Investing in Technology” survey report improving compliance as a goal.  The Hackett Group includes customizing supplier onboarding, identifying fraud and addressing internal policy non-compliance as the best practice tactics for a world class P2P organization.

To support tax and regulatory compliances requirements, there are several best practices to consider when onboarding your suppliers. This webinar will present seven best practices to consider in your supplier onboarding process.

Learning Objectives:


  • Gain an understanding of supplier onboarding best practices

  • Learn about the impacts of supplier master compliance for all company types and sizes

  • Learn to about the seven best practices to consider for your supplier onboarding process

  • Determine how these seven best practices reduce risk in your Procure-to-Pay (P2P) process.


Throughout this webinar, Chris Doxey will cover the following topics:


  • How do I define the Procure-to-Pay (P2P) process from supplier selection to payment?

  • What are the key controls for the P2P process?

  • Why is the supplier onboarding process so important?

  • What are seven best practices that can reduce risk?

  • How do I implement these best practices?

  • What are the critical compliance requirements for the supplier onboarding process?

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Chris held senior finance and controller positions at Digital Equipment Corporation, Compaq, and Hewlett Packard which allowed her to develop and implement standards of internal control and leading practices for all aspects of financial operations. She was recruited to lead WorldCom (MCI) in the implementation of internal controls, policies, and corporate governance processes. She fine tuned her consulting experience in the Procure to Pay (P2P) area at APEX Analytix and BSI Healthcare.

As President of Doxey Inc., Chris uses her experience to provide best practice solutions to her clients for the P2P process and financial operations.

She holds a bachelor's degree in English, a bachelor's in accounting, a master's in business administration, and has a graduate certificate in project management.  She is a Certified Accounts Payable Professional (CAPP) and holds a Certification in Controls Self-Assessment (CCSA). Chis is also a Certified Internal Controls Auditor (CICA), and  a Certified Professional Controller (CPC).

Handout Materials
Presentation Slides
Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.
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NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

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About Our Sponsor

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Veem is a next generation platform for business to business payments. We enable businesses to send and receive payments in local currency via a simple and inexpensive manner by using our unique multi-rail technology across several global networks.