Shared Services - The Wider Perspective

New

This session will provide Shared Services staff with a greater understanding of:

• the purchase-to-pay cycle
• what departments do and how that fits in with Shared Services
• the basics of grants and some of the problems that can occur
• how the Central payment processes work

Staff within the Shared Services Team in the Finance Division only

Number of sessions: 1

By the end of the session attendees should be able to :

• Describe at a high-level how iProcurement works and have an awareness of departmental responsibilities in relation to month-end.
• Understand basic Grant terminology, identify who does what in relation to grants and discuss what can go wrong from an AP perspective
• Explain what departments should still be doing in relation to AP and discuss how to resolve common scenarios
• Give an overview of how Invoicing fits in and know where to find out which suppliers are involved
• Provide advice to departments on when different types of payments are made
• Anticipate scenarios that may cause hold ups on payments

For Shared Services staff to have a greater understanding of the purchase-to-pay cycle and where there role fits into this so they can provide a better service to departments.

Mostly presentation

90 mins