Procure to Pay (P2P) Manager (Exam Cost Included)

As 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...

3 Months / 30 Course Hrs

Open Enrollment

Offered in partnership with your preferred school

Butler Community College

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Learning method

Instructor-led

$1,395

Self-paced. Study on your own schedule

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Details + Objectives

Course code: GES2164

What you will learn

Gain best practices in procurement and accounts payable to create efficiencies in the P2P process
Understand leading organizational change and managing the transition from siloed procurement and AP functions to a streamlined P2P process
Discover how to measure and monitor performance with benchmarking data
Learn how to manage cash flow and risk within the P2P process to protect your organization
Review the role of automation and technology in the P2P process

How you will benefit

Earn a certification from IOFM, a recognized and respected authority in financial operations
Advance 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
Stand out as an attractive job candidate with valuable skills that will help to improve efficiency and generate savings for any organization

How the course is taught

Self-paced, online course
3 Months to complete
Open enrollment, begin anytime
30 course hours

Outline

The Procure-to-Pay Expenditure Cycle
Cash Management
Risk Management
Alignment of Purchasing and Accounts Payable
Transitioning to P2P
Automation
Management and Leadership
Effectiveness
Change Management

Instructors & Support

Judy Bicking

Judy Bicking, APM, is a Senior Trainer for IOFM and a 27-year veteran of Johnson & 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&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.

Requirements

Prerequisites:

While 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.

Certification Requirements:

It is recommended that you meet one of the following for APPM Certification:

No degree = 5 yrs. related work experience
2-year degree = 4 yrs. related work experience
4-year degree = 2 yrs. related work experience
Advanced degree = 1 yr. related work experience

Requirements:

Hardware Requirements:

This course can be taken on either a PC or Mac. Chromebooks are not compatible.

Software Requirements:

PC: Windows 10 or later.
Mac: macOS 11.0 or later.
Browser: The latest version of Google Chrome or Mozilla Firefox is preferred. Microsoft Edge and Safari are also compatible.
Microsoft Word Online
Adobe Acrobat Reader
Software must be installed and fully operational before the course begins.

Other:

Email capabilities and access to a personal email account.

Instructional Material Requirements:

The instructional materials required for this course are included in enrollment and will be available online.

FAQ

According 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:

Developing sound, cost-effective strategies for the purchasing of materials used in the business
Maintaining relationships with suppliers while continually scouting for additional vendors
Evaluating spending operations while seeking ways to improve and enhance the quality of products purchased and the timeliness of deliveries
Communicating with management regularly regarding the efficient flow of goods and services affecting production
Conducting cost analyses and setting benchmarks for improvement
Developing risk management procedures to mitigate losses in the event of product shortages
Supervising a purchasing team and delegating tasks across departments when necessary
Working closely with the company legal department to make sure contracts and terms are favorable

According 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.

Yes. 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).

After 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.

This 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.

The 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.

Our 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.

Upon successfully passing the final exam, you will be awarded a certificate of completion from the school or organization that you registered through.

ed2go 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.

ed2go 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.

If you have questions that are not answered on our website, representatives are available via LIVE chat. You can also call us at 1-877-221-5151 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."

Procure to Pay (P2P) Manager (Exam Cost Included)

Butler Community College