E-Invoicing Mastery: AP Invoice Full Automation and Benefits (Course Id 2650)

• Who is this course for?
  This course is designed for accountants, controllers, and finance professionals aiming to modernize and automate their accounts payable processes.

• What is this course about or what problem does this course solve?
  The course focuses on implementing full automation in accounts payable through e-invoicing, solving inefficiencies, high processing costs, and risks of error or fraud.

• How can the knowledge from this course be used?
  Learners can use the knowledge to reduce invoice processing costs, shorten payment cycles, enhance controls, and improve cash flow management using structured data and automation.

• Why is this course important to a CPA, Accountant, or IRS Enrolled Agent?
  It equips professionals with the tools to transform AP from a cost center into a strategic asset, offering ROI, compliance readiness, and fraud prevention through digital transformation.

• When is this course relevant or timely?
  With over 70 countries mandating e-invoicing by 2026, the course is highly relevant now for those looking to stay ahead in a rapidly evolving digital finance environment.

• How is a course like this consumed or used?
  The course is delivered as a QAS Self Study text format, includes review and final exam questions, and must be completed within one year with a 70% passing score to earn 3.5 CPE credits.

E-invoicing represents one of the most breakthrough technologies of recent years, now being adopted in 70+ countries and embraced by market leaders worldwide.

Our comprehensive course: E-Invoicing Mastery: AP Invoice Full Automation & Benefits unveils how this revolutionary technology enables full automation from invoice receipt through processing and payment. This in-depth program is specifically designed for accountants, controllers, and finance professionals seeking to transform their accounts payable processes and gain a competitive edge in an increasingly digital financial landscape.

In this course, you'll discover:

• How to slash processing costs by 60-80% - Learn practical strategies to reduce invoice processing costs from $15+ to as little as $3 per invoice.
• Accelerate invoice cycles - Transform an 8-14 day process into just 2-3 days with structured data and automation.
• Enhance accuracy and controls - Reduce small to large errors while strengthening fraud prevention.
• Gain real-time cash flow visibility - Leverage structured invoice data for unprecedented insight into financial obligations.
• Capture early payment discounts - Learn how automation built on e-invoicing enables you to capitalize on supplier discounts previously missed.
• Track success with 10 essential KPIs - Measure performance improvements with practical metrics you can implement immediately.
• Achieve ROI within one year - Understand the e-invoicing business case that typically delivers 100%+ return in the first year.

Whether your organization faces mandatory e-invoicing requirements or simply wants to optimize financial operations, this course lists countless benefits of this digital transformation. You'll learn how to leverage structured electronic data to automate routine tasks, eliminate manual entry, and transform your AP department from a cost center to a strategic business partner.

Earn CPE credits while mastering the skills that will define the future of accounting. With 70+ countries mandating e-invoicing by 2026, there's never been a better time to develop this expertise.

Join the e-invoicing revolution and position yourself at the forefront of financial transformation. Enroll today!

NASBA QAS - Text - NASBA Registry - 2650

Course Learning Objectives

1. Identify and explain common fraud schemes in procure-to-pay (P2P) and order-to-cash (O2C) cycles.
2. Recognize key red flags in AP and AR invoices that may indicate fraudulent activity.
3. Implement effective preventive controls in P2P and O2C processes.
4. Design and execute detective controls to identify fraud quickly after it occurs.
5. Leverage technology solutions including automation and AI to strengthen fraud prevention.
6. Apply ethical decision-making frameworks when facing questionable transactions.

Section 1
Introduction and E-Invoice Context

• Be able to define what an e-invoice is and how it differs from a digital invoice like a PDF.
• Understand the core concepts of e-invoicing, including structured data formats, transmission methods, and how they enable automation.
• Be able to distinguish between voluntary e-invoicing adoption and regulatory mandates, and recognize the different implementation models across regions.

Section 2
Productivity and Cost Savings in Accounts Payable

• Identify the key areas where manual invoice processing creates inefficiencies and adds costs to your organization.
• Understand how e-invoicing automation can reduce invoice processing time by 60-80% compared to manual methods.
• Recognize the cost-saving opportunities in accounts payable, including lower processing costs, fewer errors, and captured early payment discounts.
• Understand the ESG benefits of e-invoicing, including reduced paper use, lower carbon footprint, and improved sustainability reporting.

Section 3
Cash-Flow, Non-Financial, and Other Benefits

• Recognize the impact of e-invoicing on employee productivity, job satisfaction, and retention.
• Understand how e-invoicing enables the capture and utilization of valuable non-financial invoice data across the organization.
• Identify the benefits of e-invoicing for cash flow management and optimization.
• Evaluate the environmental and social benefits of implementing e-invoicing solutions.

Section 4
KPIs and Decisions on Data

• Understand how to identify and track key performance indicators (KPIs) for e-invoicing implementations.
• Learn how to collect and analyze data to measure the success of your AP automation initiatives.
• Be able to use metrics to drive continuous improvement in your accounts payable processes.

Section 1. Introduction and E-Invoice Context

Learning Objectives for Section 1

1.1 Welcome and Course Overview

1.2 E-Invoicing Definitions and Core Concepts

1.3 Why E-Invoicing Is Different from “Digital” Invoices

1.4 Voluntary Adoption vs. Regulatory Mandates

Section 2. Productivity and Cost Savings in Accounts Payable

Learning Objectives for Section 2

2.1 The Traditional AP Process and Its Inefficiencies

2.2 PDF vs. E-Invoice: Process Comparison

2.3 Impact of E-Invoicing and AP Automation

Lower Processing Cost

Shorter Processing Time and Faster Approval

Cultural and Behavioral Changes

Enhanced Accuracy and Fewer Errors

Reduce Duplicate Invoices to a Minimum

Improved Supplier Relationships and Compliance

ESG Impact

2.4 Case Study: Manual vs. Automated Invoice Processing

Additional Case Insights

Section 2 Review Questions

Section 3. Cash-Flow, Non-Financial, and Other Benefits

Learning Objectives for Section 3

3.1 Employee Productivity and Morale

From Reactive to Proactive

3.2 Financial and Non-Financial Invoice Data

3.3 Enhanced Cash Flow Planning and Visibility

Real-Time Financial Visibility

Improved Treasury Management

Cash Flow Analytics and Modeling

Integration with the Cash Management Cycle

3.4 Considerations and Potential Challenges

3.5 Automating the Entire AP Process

Risk Management Considerations

Section 3 Review Questions

Section 4. KPIs and Decisions on Data

Learning Objectives for Section 4

4.1 Importance of KPIs in E-Invoicing Programs

4.2 Core KPIs for Accounts Payable (P2P)

KPI 1: Cost per Invoice

KPI 2: Invoice Cycle Time (Receipt to Posting)

KPI 3: Invoice Approval Time

KPI 4: First Pass Match Rate

KPI 5: Percentage of E-Invoices

KPI 6: Supplier E-Invoicing Rate

KPI 7: Early Payment Discounts Captured

KPI 8: Number of Invoices Processed per FTE

KPI 9: Exception Rate

KPI 10: Prevented Duplicates

4.3 Visualizing KPI Results

4.4 Data Governance and Quality

4.5 Analyzing Results and Continuous Improvement

Beyond the AP Team

4.6 Return on Investment Measurement

Provide Context for Your ROI

4.7 Faster Financial Close

Section 4 Review Questions

Section 5. Course Conclusion

5.1 Final Thoughts

Thank You

Glossary of Key Terms