Two Day Seminar: Account Payable Best Practices (New York - June 27-28, 2019)

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The accounts payable function is changing at a dizzying pace. Technology, new frauds and regulatory changes are all taking their toll. What worked yesterday may not work today. Given the current business environment, mounting regulatory pressures, and the increased visibility and importance of the accounts payable function, best practices are something with which every professional needs to be conversant. Unfortunately, keeping up to speed these days can be like herding cats. While some best practices remain steadfast, others simply no longer work and are being replaced by new practices just now appearing.

The talk will include a discussion of the newest best practice every organization should implement to ensure crooks don't get their hands on money or sensitive information. This is one session you might want to invite your colleagues in accounting, auditing and payroll to so they implement appropriate best practices and are not bamboozled by some of the newest frauds.

To learn more click here.

AP-Now Webinar: Detecting and Preventing Vendor Fraud in AP: It's A Lot More Common than You Might Think - June 18, 2019

When: June 18, 2019

Time: 2:00 p.m. EST (1:00 p.m. CST; noon MST; 11:00 a.m. PST)

Where: Your office

Note: This session can be bought in conjunctions with the August 7th Master Vendor File Validations Best Practices (info here) session for a savings of $119.

Information about The Vendor Fraud and Validations Bundle can be found here.

Vendor fraud happens a lot more frequently than most organizations realize. This is unfortunate because many companies are being victimized and they don’t realize until it’s too late. What’s more, it can internal or external and most recently it comes in a cyber variety.

According to a recent report from Kroll, 20% of all organizations experienced some sort of vendor fraud in the last 12 months. That’s why it is critical that everyone involved in the process know what to look for. This session is designed to help you recognize the signs of vendor fraud and take steps to prevent it. Don’t fall into the trap of thinking it couldn’t happen to your organization.

After this session you will be able to:

  • Differentiate the different types of vendor fraud

  • Integrate strong internal controls into your invoice and payment processes to prevent vendor fraud

  • Recognize the signs of a potential vendor fraud

  • Implement best practices to stop the newest vendor cyber frauds

  • Create a best practice process that deters vendor fraud

About our Expert:

Mary S. Schaeffer has the inimitable ability to find accounts-payable-related solutions that really work—without making a major dent in the bottom line. Armed with a degree in math and a graduate degree in finance, she takes a “roll up your sleeves and dig into the details” approach to finding solutions to those problems that cause migraines for CFOs, controllers, and managers.

Almost twenty years spent researching and writing about payment issues gives Mary Schaeffer a unique vantage point. Combine that with 15 years spent in the corporate trenches of several large finance and treasury departments and you’ll see why she’s become known as America’s leading accounts payable expert. Her corporate positions include Assistant Treasurer for Equitable Life Assurance Society, Financial Risk Manager for O&Y and Corporate Cash Manager for Continental Grain.

She shares her expertise in a variety of venues: All-day seminars, customized training, creator of certificate programs and CPE Self-study courses, as a guest speaker at regional and national events and online in over 100 webinars each year.

Ms. Schaeffer has a BS in Mathematics from York College (CUNY) and a MBA in Finance from New York University. She can be reached at marys@ap-now.com

  • Prerequisites: None

  • Program Level: Intermediate

  • Advance Preparation None

  • Format: Group Internet-Based (Webinar)

CPE Credits 1.0

CRYSTALLUS, Inc. 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 addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.

Work experience in accounts payable, accounting or related field, or an introductory course in accounting is a prerequisite for these intermediate level programs. No advance preparation is needed. For more information regarding administrative policies such as refund, complaint and/or cancellation, please contact us at 302.836-0540. To see our customer service policies, click here.

This one-hour Group-Internet-based programs is eligible for one (1) CPE credit

AP-NOW Webinar: Master Vendor File Validations Best Practices - August 7, 2019

When: August 7, 2019
Time: 1:00 p.m. EST (noon CST; 11:00 a.m. MST; 10:00 a.m. PST)
Where: Your office

 Information about The Master Vendor File Validations Best Practices webinar can be found here.

Until recently, one of the often-overlooked areas in accounts payable, was related to the master vendor file; specifically, the data that was entered without any verification whatsoever. However, the recent spate of new electronic payment frauds highlighted the very real danger of entering information without verifying it.

That’s why we’ve invited Debra Richardson to share her considerable expertise on how validations should be conducted and where to get the information you may need to complete these data validations.

After this session, you will be able to:

  • Create best practice processes for validating critical vendor data

  • Identify the 11 vendor validations and know how to perform them

  • Explain the reasons for these validations to management

  • Craft practices to validate bank data collected

  • Recognize other considerations that need to be taken into account when setting up vendors

And more.

Bonus: Each attendee will receive their own Vendor Validation Reference sheet, which contains links to or information about 24 different items. While most won’t use all the links, everyone will benefit from at least nine of them.

Prerequisites: None
Program Level: Intermediate
Advance Preparation None
Format: Group Internet-Based (Webinar)
CPE Credits 1.0

About our Expert: Debra Richardson, Owner, Debra R Richardson, LLC, is an accounts payable speaker, consultant, and trainer with over 20 years of experience in AP, AR, general ledger, and financial reporting for Fortune 500 companies including Verizon, General Motors and Aramark.

For eight years, Debra has focused on Global Vendor Maintenance, and implemented a vendor self-registration portal for 140k+ global vendors across five ERPs. In her consultancy, she focuses on authentication techniques, internal controls and best practices to prevent fraud in the vendor master file.

Debra now focuses on helping accounts payable teams protect the vendor master file from fraud.

CRYSTALLUS  Inc. 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 addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.

RSVP Today: Empowering Your Human Firewall: the Art and Science of Secure Behavior

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Register here.

  • Date: Wednesday, May 22, 2019

  • Time: 02:00 PM Eastern Daylight Time

  • Duration: 1 hour

  • Speaker: Perry Carpenter

Summary

You know that "security awareness" is key to a comprehensive security strategy. But just because someone is aware doesn't mean they care. So how can you design programs that work with, rather than against, human nature? Here's the great news. Creating a security awareness strategy that not only educates but reinforces good behaviors can be achieved and we'll show you how.

In this webinar, Perry Carpenter, Chief Evangelist and Strategy Officer for KnowBe4 will unpack a number of key elements from his new book Transformational Security Awareness: What Neuroscientists, Storytellers, and Marketers can Teach Us About Driving Secure Behaviors. Drawn from his experience as an awareness practitioner, CISO mentor, researcher, and author, Perry will dive into ideas like how to use "Trojan Horses for the Mind," how to leverage social dynamics to drive behavior and shape culture, and will unveil some exciting new behavior models that will help you stop the bad guys in their tracks.

This presentation will take a deep (and practical) dive into:

  • How to understand and design for behavioral segments

  • How to successfully debug bad behaviors

  • How to influence motivation in three different ways

  • And why it is important to live your awareness program through the eyes of your audience

National Small Business Week May 5 - 11, 2019

Happy Small Business Week! With more than 30 million small business owners nationwide, neighborhoods and families depend on your success.

Click here for free employee training.

Click here for Small Buxiness Cybersecurity “Quick Wins”

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NEW! IOFM Master Class: Vendor Master File - Get Discount Code for 10% Off

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The vendor master file (VMF) is a cornerstone of the procure-to-pay process. Data entered in the VMF can drive efficiencies and ensure accuracy in the creation of requisitions, purchase orders, invoices, payments, and entries to the general ledger. This Master Class is designed to provide employees who handle the VMF with best practices concerning onboarding, compliance, internal controls and management. This class includes an e-textbook, short video and three attempts at the final exam. Enrollment expires one year from date of purchase. 

Use Discount Code: HAPPY19 for 10% off

Click here to go to enroll on the IOFM Site

Join Us! Oklahoma Central Region IOFM Chapter Meeting, Monday, May 13th 4-6 pm

Accounts Payable, Accounts Receivable - All Accounting and Finance Professionals. Join the Oklahoma Central Region Chapter for it's 2nd Quarter chapter meeting.

Learn about Unclaimed Property from the experts. With States focusing on Unclaimed Property audits to increase revenue, and with recent changes, this is a great time to increase your knowledge and have a discussion with other professionals.

  • Food provided by Sponsor from Special Event Menu

  • Drawing and Swag Bags for Attendees

Click to RSVP

New Book: Fire Doesn’t Innovate: The Executive’s Practical Guide to Thriving in the Face of Evolving Cyber Risks

Fire Doesn't Innovate.pngFire Doesn’t Innovate: The Executive’s Practical Guide to Thriving in the Face of Evolving Cyber Risks

I recently reviewed this new book. It is written for the executive, not the IT team. The message is to treat CyberSecurity as another business risk and implement processes and controls to mitigate. Kip gives the framework and makes it understandable with real-world examples. This book is truly a guidebook to reduce the potential for fraud and protect businesses of all sizes from today's cyber risks.

Data Privacy Day - Monday, January 28th

This year, Data Privacy Day will spotlight the value of personal information. Whether you’re a business collecting, using and storing personal data or an individual looking to better manage your privacy and understand how your information is collected and shared, remember:

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For more information on about Data Privacy Day, visit staysafeonline.org/data-privacy-day.

#stayhappy #CyberSecurity #accountspayable