In one full day, you will be prepared to earn your certification credentials as an Accredited Receivable Specialist. The content is best suited for those below the Manager level, and is built around peer-tested best practices.

The Accounts Receivable Specialist Certification Program ensures that you are prepared to execute the accounts receivable process and are ready to navigate the changing role of the AR practitioner. At the end of this full-day ARS training, you will have the opportunity to pass a final exam (100 questions, 90 minutes) and earn your Accredited Receivable Specialist credentials.

Due to increasing automation, the AR practitioner now has a chance to move away from a strictly back-office role into one that is pivotal to the efficient operation of the organization and protects its cash. By developing an understanding of process management and improvement, working with software solutions and artificial intelligence, monitoring and encouraging regulations and internal controls, and keeping an eye out from fraud, accounts payable staff are at last becoming recognized as the true professionals they are.

Starting with a foundation of peer-tested best practices (including an understanding of internal controls and tax and regulatory matters), this Certification program then dives into task-specific subject areas, ending with the industry-shaping influence of technology.

Course type: In-person (with online access to e-textbook) | Designation Earned: Accredited Receivable Specialist (ARS) | Designed for: The Accounts Receivable Specialist (ARS) Certification Program is designed for individuals responsible for executing AR processes. This course can serve as a career catalyst for those new to AR, as well as for those who have been in an AR role for years but who are looking to adopt best practices used by other AR departments.

Key areas of study include: Understanding Credit as a Function of Business, Internal Controls, Credit Management, Customer Master File, Order Processing and Billing, Collections, Cash Applications, Deductions and Dispute Management, Laws Governing the Credit Department

Learning objectives for this full day pre-conference class:

• Prepare for your ARS Certification Final Exam and earn your Accredited Receivable Specialist credentials
• Review peer-tested best practices for each phase of the payment process – from receipt of invoice, through processing and payment.
• Learn how to mitigate risks stemming from tax laws, as well as T&E-related fraud and abuse.
• Explore how automation will continue to adjust how you do what you do
• Outline the credit cycle (O2C), credit department goals, and its interdepartmental relationships within a business setting.
• Analyze methods for credit application, credit line assignment, customer onboarding, credit limit management, and enhancement of sales interactions to optimize credit management processes.

Registration includes:

• Pre-event: Access to the Certification e-textbook (granted within one week of paid registration via the IOFM.com E-Learning Center – if within 3 months of the event)
• On Pre-Conference Day: 6 hours of live in-person instruction and an opportunity to take the 90-minute final exam of 100 multiple-choice questions (and earn your Accredited Payables Specialist credentials)
• After Class: A printed certificate if you pass and 1-year of access to the online self-study program if you do not pass

FMI: Visit IOFM.com/events/certification