{"product_id":"procure-to-pay-p2p-manager-exam-cost-included","title":"Procure to Pay (P2P) Manager (Exam Cost Included)","description":"\u003cp class=\"course-intro\"\u003eManaging cross-functionally brings a unique set of leadership challenges. This process procure-to-pay (P2P) course highlights best practices from organizations that have aligned with P2P, sharing actionable strategies you can use to improve the performance of your team.\u003c\/p\u003e\u003cul class=\"course-facts\"\u003e\n\u003cli\u003e30 course hrs\u003c\/li\u003e\n\u003cli\u003eCode GES2164\u003c\/li\u003e\n\u003cli\u003eOpen enrollment\u003c\/li\u003e\n\u003cli\u003eSelf paced\u003c\/li\u003e\n\u003c\/ul\u003e\u003cnav class=\"course-nav\"\u003e\u003ca href=\"#overview\"\u003eOverview\u003c\/a\u003e\u003ca href=\"#objective\"\u003eObjective\u003c\/a\u003e\u003ca href=\"#outline\"\u003eOutline\u003c\/a\u003e\u003ca href=\"#requirements\"\u003eRequirements\u003c\/a\u003e\u003ca href=\"#prerequisites\"\u003ePrerequisites\u003c\/a\u003e\u003ca href=\"#instructor\"\u003eInstructor\u003c\/a\u003e\u003ca href=\"#faqs\"\u003eFAQs\u003c\/a\u003e\u003c\/nav\u003e\u003ch3 id=\"overview\"\u003eOverview\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003eAs businesses increasingly focus on efficiency and cost-cutting, the need for knowledgeable procure-to-pay (P2P) professionals who can streamline procurement and AP continues to grow. Supply chain disruptions have also intensified the spotlight on procurement as a critical area for improvement. Skilled P2P professionals can deliver cost savings and a competitive edge to their employers by streamlining necessary business functions and improving operational efficiency. Additionally, the market for procurement software is projected to grow significantly in the coming years, which will require highly skilled individuals who understand the P2P process and the role of rapidly evolving technology within it.\u003c\/p\u003e\n\u003cp\u003eOur P2P training program is designed to equip you with the skills necessary to lead an aligned procurement\/AP function, including change management and transitioning to P2P, benchmarking, and automation. Upon completing the P2P certification course, you will be prepared to take a 90-minute, 100-question multiple-choice exam to demonstrate your ability to manage the P2P process and earn the Accredited Procure-to-Pay Manager (APPM) designation from the Institute of Finance and Management (IOFM).\u003c\/p\u003e\n\u003c\/div\u003e\u003ch3 id=\"objective\"\u003eObjective\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003eWhat you will learn\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eGain best practices in procurement and accounts payable to create efficiencies in the P2P process\u003c\/li\u003e \u003cli\u003eUnderstand leading organizational change and managing the transition from siloed procurement and AP functions to a streamlined P2P process\u003c\/li\u003e \u003cli\u003eDiscover how to measure and monitor performance with benchmarking data\u003c\/li\u003e \u003cli\u003eLearn how to manage cash flow and risk within the P2P process to protect your organization\u003c\/li\u003e \u003cli\u003eReview the role of automation and technology in the P2P process\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eHow you will benefit\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eEarn a certification from IOFM, a recognized and respected authority in financial operations\u003c\/li\u003e \u003cli\u003eAdvance your career in P2P or the related fields of procurement, AP, shared services, or financial operations management by showing a high level of expertise in P2P\u003c\/li\u003e \u003cli\u003eStand out as an attractive job candidate with valuable skills that will help to improve efficiency and generate savings for any organization\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\u003ch3 id=\"outline\"\u003eOutline\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\u003col style=\"list-style-type: upper-roman;\"\u003e \u003cli\u003eThe Procure-to-Pay Expenditure Cycle\u003c\/li\u003e \u003cli\u003eCash Management\u003c\/li\u003e \u003cli\u003eRisk Management\u003c\/li\u003e \u003cli\u003eAlignment of Purchasing and Accounts Payable\u003c\/li\u003e \u003cli\u003eTransitioning to P2P\u003c\/li\u003e \u003cli\u003eAutomation\u003c\/li\u003e \u003cli\u003eManagement and Leadership\u003c\/li\u003e \u003cli\u003eEffectiveness\u003c\/li\u003e \u003cli\u003eChange Management\u003c\/li\u003e\n\u003c\/ol\u003e\u003c\/div\u003e\u003ch3 id=\"requirements\"\u003eRequirements\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003eRequirements:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eHardware Requirements:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eThis course can be taken on either a PC or Mac. Chromebooks are not compatible.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eSoftware Requirements:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003ePC: Windows 10 or later.\u003c\/li\u003e \u003cli\u003eMac: macOS 12 or later.\u003c\/li\u003e \u003cli\u003eBrowser: The latest version of Google Chrome or Mozilla Firefox is preferred. Microsoft Edge and Safari are also compatible.\u003c\/li\u003e \u003cli\u003e Microsoft Word Online \u003c\/li\u003e \u003cli\u003e Adobe Acrobat Reader \u003c\/li\u003e \u003cli\u003eSoftware must be installed and fully operational before the course begins.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eOther:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eEmail capabilities and access to a personal email account.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eInstructional Material Requirements:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThe instructional materials required for this course are included in enrollment and will be available online.\u003c\/p\u003e\n\u003c\/div\u003e\u003ch3 id=\"prerequisites\"\u003ePrerequisites\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003ePrerequisites:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eWhile there are no prerequisites to take this course, the Procure-to-Pay Manager Certification course is specifically designed to help individuals with prior AP knowledge become certified.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eCertification Requirements: \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eIt is recommended that you meet one of the following for APPM Certification:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eNo degree = 5 yrs. related work experience\u003c\/li\u003e \u003cli\u003e2-year degree = 4 yrs. related work experience\u003c\/li\u003e \u003cli\u003e4-year degree = 2 yrs. related work experience\u003c\/li\u003e \u003cli\u003eAdvanced degree = 1 yr. related work experience\u003c\/li\u003e\n\u003c\/ul\u003e You've got questions.\u003cbr\u003e We're here to help.\u003c\/div\u003e\u003ch3 id=\"instructor\"\u003eInstructor\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003eJudy Bicking\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eJudy Bicking, APM, is a Senior Trainer for IOFM and a 27-year veteran of Johnson \u0026amp; Johnson. She is a recognized pioneer and leader in Procure-to-Pay and Credit Management. After a career in AR and AP management, Judy leads the development and implementation of J\u0026amp;J's two Shared Service Centers, located in the U.S and Europe. These shared services handle over 2.5 million invoices across 200 decentralized companies.\u003c\/p\u003e\n\u003c\/div\u003e\u003ch3 id=\"faqs\"\u003eFAQs\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003eWhat are procure-to-pay roles and responsibilities? \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eAccording to Indeed.com, procurement managers handle the procurement of goods and services for a company. They manage each part of the supply chain to ensure consistent delivery of goods and services while identifying possible productivity obstacles. Their duties and responsibilities may vary from company to company, but typically include:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eDeveloping sound, cost-effective strategies for the purchasing of materials used in the business\u003c\/li\u003e \u003cli\u003eMaintaining relationships with suppliers while continually scouting for additional vendors\u003c\/li\u003e \u003cli\u003eEvaluating spending operations while seeking ways to improve and enhance the quality of products purchased and the timeliness of deliveries\u003c\/li\u003e \u003cli\u003eCommunicating with management regularly regarding the efficient flow of goods and services affecting production\u003c\/li\u003e \u003cli\u003eConducting cost analyses and setting benchmarks for improvement\u003c\/li\u003e \u003cli\u003eDeveloping risk management procedures to mitigate losses in the event of product shortages\u003c\/li\u003e \u003cli\u003eSupervising a purchasing team and delegating tasks across departments when necessary\u003c\/li\u003e \u003cli\u003eWorking closely with the company legal department to make sure contracts and terms are favorable\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003cstrong\u003eWhat is the average P2P manager salary? \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eAccording to Glassdoor, the average salary for a P2P manager is $71,711. As the procurement landscape grows increasingly complex and companies seek to create efficiencies, skilled P2P professionals can leverage in-demand technical and strategic skills to increase compensation.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eDoes this course prepare you for a certification?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eYes. You will be prepared to take the exam and earn the Accredited Procure-to-Pay Manager (APPM) designation from the Institute of Finance and Management (IOFM).\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eHow long does it take to complete this course?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eAfter you register, you will receive three (3) months to complete the course. The time allotted for completion has been calculated based on the number of course hours.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhen can I start this course?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThis course is open enrollment, so you can register and start the course whenever you are ready. Access to your course can take 24-48 business hours.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhat if I don't have enough time to complete the course within the time frame provided?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThe time allotted for course completion has been calculated based on the number of course hours. However, if you are unable to complete the course, contact the student advising team to see what options you may have available to work out a suitable completion date. Please note that an extension fee may be charged.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhat kind of support will I receive?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eOur courses are designed to accommodate various learning preferences. Depending on the course structure, you may get different forms of support. Self-paced courses are designed to be user-friendly and independent, minimizing the need for external support. In courses with instructors, our direct platform support feature includes opportunities for questions, discussions, and remediation, with email and phone support available for select courses. Our student advising team is available to guide you on program requirements and administrative requests, but they do not provide assistance with course content. Our goal is to provide you with the necessary support for success, whether it's through self-paced exploration, direct communication, or guidance from our advising team.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhat happens when I complete the course? \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eUpon successfully passing the final exam, you will be awarded a certificate of completion from the school or organization that you registered through.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eAm I guaranteed a job?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eHope Training Academy courses will help you gain the skills you need to obtain an entry-level position in most cases. However, you should always research the job market in your area before enrolling.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eCan I get financial assistance?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eHope Training Academy courses are non-credit, so they do not qualify for federal aid, FAFSA, and Pell Grant. In some states, vocational rehab or workforce development boards may provide funding to take our courses. Additionally, you may qualify for financial assistance if you meet certain requirements. Learn more about financial assistance. \u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eHow can I get more information about this course?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eIf you have questions that are not answered on our website, representatives are available by phone. You can also call us at 1-855-532-7642 during regular business hours to have your questions promptly answered. If you are visiting us during non-business hours, please send us a question using the \"Contact Us.\"\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Hope Training Academy","offers":[{"title":"Default Title","offer_id":47318472786108,"sku":"_GES2164","price":2391.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0742\/1391\/6860\/files\/GES2164-Procure-to-Pay-Manager-Exam-935x572.jpg?v=1787968495","url":"https:\/\/store.hopetrainingacademy.org\/products\/procure-to-pay-p2p-manager-exam-cost-included","provider":"Hope Training Academy dba Video Game Palooza","version":"1.0","type":"link"}