Financial Management

Accounts Payable Management

Curated byNdulamiso Mamburu LinkedIn

Works at the South African Revenue Service (SARS) · Pursuing Taxation degree · How we curate →

Provider

Alison

Format

100% Online

Level

Certificate

Duration

2-3 Hours

Course Overview

Creditors is one of the few accounting functions where a single process error can have immediate, visible consequences: a supplier puts your account on hold and delivery stops. This course is practical and specific enough to give someone the confidence to manage a creditors function from day one. The section on three-way matching and internal controls is especially relevant in the South African corporate environment where procurement fraud is a significant risk.

Master the processes of managing outgoing liabilities and vendor relations effectively.

Accounts payable is one of the most operationally critical functions in any finance department. Paying suppliers late damages business relationships and can result in supply chain disruptions. Paying them incorrectly or without proper authorisation exposes the business to fraud and financial loss. 'Accounts Payable Management' covers the full creditors cycle from invoice receipt to payment processing. You will learn how to verify invoices against purchase orders and delivery notes using the three-way matching process, how to manage supplier statements and reconcile creditor accounts, and how to process payment runs efficiently. The course also covers the internal controls that protect the accounts payable function, including segregation of duties and authorisation hierarchies that are required in any well-run finance department.

•Study Financial Management at your own pace, anytime and anywhere.
•Earn a free certificate from Accounts Payable Management.
•Accessible on any device (desktop, tablet, or mobile).

Who Should Enrol?

Junior finance staff taking on creditors responsibilities, bookkeepers who manage the full creditors function in small businesses, and accounting students who want practical knowledge of how accounts payable works in a corporate environment.

English Language Requirements

A basic proficiency in reading and understanding English is recommended to fully benefit from the material.

Upon successful completion of this program, you will be able to:

✓Process supplier invoices using the three-way matching process to prevent unauthorised payments.
✓Reconcile supplier statements against the creditors ledger and resolve discrepancies.
✓Manage payment terms and prepare payment runs that optimise cash flow without damaging supplier relations.
✓Implement internal controls to prevent duplicate payments, fraud, and authorisation bypass.
✓Maintain an accurate creditors age analysis and escalate overdue items appropriately.

Accounts payable is a well-defined entry-level function in South African corporate finance. It is a common starting role at banks, retail groups, and manufacturing companies. Creditors Clerk and Accounts Payable Administrator are typical positions, with a clear pathway to Senior Creditors Controller or Finance Manager over time.

Why We Recommend This Course

"Creditors is one of the few accounting functions where a single process error can have immediate, visible consequences: a supplier puts your account on hold and delivery stops. This course is practical and specific enough to give someone the confidence to manage a creditors function from day one. The section on three-way matching and internal controls is especially relevant in the South African corporate environment where procurement fraud is a significant risk."

Alison

Global Online Learning Platform

Alison is one of the world's largest free learning platforms, offering over 4,000 courses across Accounting and other disciplines to millions of learners in 195 countries. All Alison courses, including Accounts Payable Management, are completely free to study, with optional paid certificates available upon completion. Alison is certified by the CPD Standards Office (UK), meaning certificates earned are recognised by employers globally.