This webinar on Procure to Pay (P2P) process will highlight the evolution of the P2P function from a manual to an automated process. It will clearly explain the ways to implement a P2P automation solution and its contribution to the financial and operational success of an organization.
Why Should You Attend:

The procure-to-pay (P2P) process is evolving from isolated functions to a single process in which purchasing and accounts payable are becoming automated and analytical functions add value to the organization.

Many organizations no longer look at accounts payable (AP) as a stand-alone entity. They have realized that the integrity of AP results are directly influenced by the functions of securing and qualifying sources of supply; initiating requests for materials, equipment, merchandise, supplies, or services; obtaining information as to availability and pricing from approved suppliers; placing orders for goods or services; receiving and inspecting or otherwise accepting the material or merchandise; accounting for the proper amounts due to suppliers; and processing payments in a controlled and efficient manner. AP is now included in most discussions about P2P process and automation improvements.

This webinar will highlight the evolution the P2P function from a manual to an automated process operating in the cloud and contributing to the operational and financial success of the organization. It will also provide attendees expert insight into how to select and implement their P2P automation solution through the traditional approach and the SaaS and the cloud.

Areas Covered in the Webinar:

• The Impact of P2P on Corporate Productivity
• Improving the P2P Process Through Automation
• Procurement Spend Analysis
  • Strategic Sourcing
  • E- invoicing
  • Paper Invoice Capture and Conversion
  • ERP (Enterprise resource planning) Integration
  • Electronic Payment: ACH
  • Supplier Portals
  • Intelligent Workflow/Smart Invoicing
• Implementing Your P2P Automation Solution
  • The Traditional Approach
  • SaaS and the Cloud
• Recap

This training on construction fraud prevention will discuss proven audits strategies and techniques for detecting and preventing common fraud and risk in construction activities. Attendees will also learn how to manage when fraud arises and the tips to effectively control construction costs.
Why Should You Attend:

Construction projects are complex and involve a large investment of time and money. Oversight of projects is difficult due to the volumes of paperwork, expertise needed, specialized skill sets, and trust placed in vendors. Historically it has been proven that once audit is conducted, recovery is possible.

Whether it is fixed fee contracts, cost plus, design build or guaranteed maximum, though the risk has shifted, there are still areas of fraud and abuse. This webinar will look at some of these areas of risk, allowing attendees to prioritize risk, risk mitigation and audit strategies.

It will explore the common types of construction frauds and techniques for enhancing your organizational ability to effectively control fraud and construction costs.

Areas Covered in the Webinar:

Following topics will be discussed during the webinar

• Common frauds in construction contracts
• Controls to reduce fraud
• Audit strategies
• Why fraud occurs
• Results driven recovery
• Audit timing

This webinar highlights the principles and techniques for internal control in payroll. After a general placement into the COSO framework, the course operationally covers how payroll processes should be designed for internal controls, the specific internal controls that apply to these area, as well as the levels of attribution and delegation of decision power.
Why Should You Attend:

Internal controls are an important part of corporate risk management. Internal auditors must know in details specific tests of control. They are also a fundamental step in the assessment of control risk in external auditing and for the assessment of the effectiveness of internal control over financial reporting, which is mandatory in certain jurisdictions like the U.S.

Even operating managers should know internal controls that apply to the areas under their supervision to avoid unintentional consequences of inappropriate procedures and to protect against wrongdoing by others.

At the end of the webinar speaker will handle your specific questions related to the topic.

Areas Covered in the Webinar:

With reference to payroll:

• Placement within the COSO framework
• Internal control objectives
• Internal control responsibilities within the organization
• Management authorizations
• Matching of financial statement assertions with internal controls
• Process workflows enabled for internal control
• Internal controls and check lists
• Implication of computer systems on internal controls

This banking compliance training focuses on a bank’s internal transfer pricing methods and processes. It will clearly explain the methodological background of pricing and its components with examples and will also provide the necessary organizational steps to put this in practice.

Why Should You Attend:

Although banks have considerably refined their internal transfer pricing methods in the last twenty years, the recent financial crisis revealed that severe mispricing of credit and liquidity risk had occurred. In the post-crisis area the problem has not vanished, but is even escalating: tightly narrowing markets for unsecured short term refinancing, increasing funding spreads for longer term bond issues and the ever rising regulatory demand for liquid asset buffers depresses the profitability of banks and thus jeopardizes many business models.

In order to discover and calibrate sustainable business models, banks need to firstly understand and measure the components of their costs. Next, the bank needs to define and operationalize an internal process which incentivizes the originators to pick those external transactions that generate the highest value and fit optimally into the looked-for balance sheet structure. The hedging of the originated transactions need to be exercised and optimized by a central department and finally the overall financial performance needs to be evaluated on an on-going basis.

Starting with the pros and cons of traditional transfer pricing approaches, this webinar will focus on fully congruent replication (match funding) and the according treasury model. It will develop the interest rate and liquidity risk replication of known future cash flows and will also analyze the underlying yield curves. Expected, unexpected and regulatory liquidity costs are finally integrated into the modeling.

Areas Covered in the Webinar:

• Development of transfer pricing concepts.
• Congruent replication (matched funding) as internal sale of the originated transaction.
• Internal organization and process flow between originator, treasury and controlling.
• Interest rate and liquidity replication of scheduled cash flows.
• Funding venues and yield curves; liquidity and other spreads.
• Behavioral deviance between scheduled cash flows and their realisations.
• Accounting for unexpected risks: capital for value risks and funded liquid assets for liquidity risk.
• Treatment of the originated asset’s credit risk.
• The cost of liquidity regulation: LCR and NSFR.
• Provision for the assets that enhance / debase the balance sheet.
• Recovery of costs for
• Assets that are eligible for mortgage stocks, liquidity portfolios etc.
• Collateral that mitigates credit risk or is otherwise eligible
• Replication of liabilities
• Differentiation between asset- and liability driven business models.

This competitive intelligence (CI) training will highlight the key elements of developing and running your CI program to protect competitively sensitive business information from your competitors.
Why Should You Attend:

Business headlines warn about international corporate espionage efforts focused against business firms – and the firms’ efforts to protect themselves against these illegal activities. However, you have to assume that your competitors, as well as your suppliers and even your strategic allies, are directing legal competitive intelligence efforts against you as well. And those efforts, if successful, can also be competitively damaging.

So, to protect your firm completely, you have to understand how competitive intelligence works and how you can, with a few simple steps, create a program to protect competitively sensitive information or data from others. This training will cover the key precepts on protecting competitively sensitive information and provide attendees tools to identify and protect their business data to ensure complete corporate security.

Areas Covered in this Seminar:

• Why become involved?
• Understanding CI targeting and data collection techniques.
• Hints for dealing with the most common situations
• 9 Key precepts on protecting competitively sensitive information.
• A 7 step program for identifying and protecting competitively sensitive information.
• Complementary options.
• Trade secret programs
• Corporate security
• IP protection programs

This IT security training will summarize current and emerging cyber-threats and provide latest insights and advice from experts on how to protect the organization.
Why Should Attend:

While “low-tech” frauds such as document forgery, theft of cash and duplicate billing schemes continue to plague organizations of all kinds, computers and the internet have become the weapon of choice of millions of dishonest individuals – both inside and outside an organization. Hence, without the necessary technological expertise an organization is at risk of potentially devastating and costly cybercrimes.

This information security training will focus on educating attendees about common types of cyber-crimes, the biggest information security breaches in recent history, who commits fraud and why, and how to build an information security compliance framework with procedures for each business function. It will also cover the lessons from information thieves and cybercriminals, and the common types of information likeliest to be targeted.

Attendees will get a comprehensive knowledge on how to detect and prevent information security breaches at their organizational level and the tools for effective implementation of Anti-Cybercrime controls.

Learning Objectives:

Participants will be able to

• Plan a risk assessment of your information security exposure
• Justify the resources needed to comply with regulatory requirements
• Identify where to focus in your evaluation of cyber-risk
• Integrate information security compliance your organization-wide compliance program
• Build an information security compliance framework with procedures for each business function

This training on credit card surcharges compliance will discuss how the recent changes in law will affect end-user organizations. It will also provide attendees with the tools necessary to review and deal with any potential surcharge/checkout fee situations.

Why Should You Attend:

Surcharging had been historically prohibited in the U.S. per the networks' merchant rules, as well as prohibited by law in 10 states. Any state laws will continue to "trump" networks' merchant rules. The recent changes in surcharging law could not only affect your merchant processing transactions but also your credit card usage. The worst thing end-user organizations can do is to have an uninformed reaction to surcharging. It's important to first look at the big picture. End-users should also educate suppliers about the economics of card acceptance, pointing out the savings possible and other benefits. When suppliers are reaping the rewards, they should not be adding a surcharge. They might overlook the benefits of card acceptance, as well as the cost of other payment methods like checks and cash. This training on credit card interchange fees rules will clearly explain the changes in the rules, who will benefit from the changes and how it will affect the retailers and customers.

Areas Covered in this Seminar:

• What changed in the rules?
• Why did it change?
• Who may benefit?
• Will this change anything?

Who will Benefit:

• Financial Officers
• Risk Officers
• Internal Auditors
• Operational Risk Managers
• Credit Card Program Administrators

This purchasing and accounts payable (AP)regulations training will focus on the necessary steps to be taken to avoid compliance issues, penalties and lawsuits. It will also explain how to identify an organization’s weaknesses and how to address the challenges related to AP and purchasing compliance.
Why Should You Attend:

Revenue shortfalls at all levels of government have greatly increased scrutiny on companies in attempts to find additional revenue. Accounts payable and purchasing are the focus of much additional scrutiny. Increased rate of electronic recordkeeping and electronic transaction processing and the ability to collect and analyze large quantities of financial data have increased the likelihood that a company’s purchasing and accounts payable data will be reviewed by regulators. State, federal and international privacy legislation and rules add to the complexity.

This webinar will provide comprehensive guidance to attendees doing business internationally and facing similar growing challenges related to accounts payable and purchasing compliance issues and risks. It will highlight the regulatory compliance areas and the issues to be addressed and the necessary actions to be taken to avoid the risks and how to meet the challenges related to compliance.

Areas Covered in this Webinar:

Following areas will be covered during the webinar:

• The issues that need to be addressed
• Actions that should be taken

• Steps to help you identify weaknesses
• How to put in place additional processes and controls to address these challenges.

Anti-Money Laundering (AML) activities will help to prevent the use of financial institution or its infrastructure for money laundering purpose by criminal elements. This 90 minute webinar will discuss in detail the importance of appropriate internal controls implementation that is specific to money laundering in order to detect activities defined as suspicious under the laws of a given jurisdiction.
Why Should You Attend:

Combating money laundering involves an increased care in the area of data management. In some jurisdictions, the triggers for suspicious activity are laid down by legislation and can be automated within the information systems of the financial institution. In others, risk profiling may be required in order to identify suspicious patterns when compared against potential money laundering scenarios. This webinar will guide attendees through the importance of effective money laundering activity prevention and how to promote the early detection of potentially improper financial transactions.

Areas Covered in The Webinar:

This webinar will discuss the following topics relating to Anti-Money Laundering activities:

• The nature of money laundering.
• Internal controls over customer identities.
• In the case of an organization, proof of nature of business activity and financial status.
• Employee education.
• Changing in the internal culture of an organization.
• TLegislative requirements.
• Designing and implementation of an effective Anti-Money Laundering program.
• Money Laundering and the financing of terrorism.

This BSA (Bank Secrecy Act) compliance training will highlight how a bank can best prepare for a successful BSA audit as acknowledged and recognized by regulators and examiners.
Why Should You Attend:

Although financial institutions have been managing BSA (Bank Secrecy Act) operations according to regulatory requirements, audits must be conducted to determine and evaluate compliance with those laws and regulations. BSA audits have become increasingly important. Regulators look to the bank for ensuring that BSA operations are being appropriately audited and that BSA efforts are appropriately implemented and overseen. Being prepared for these audits is more important than ever as lack of preparation can have detrimental consequences such as enforcement actions or fines.

The areas of focus outlined in this webinar are based on best industry practice, supervisory experience and cover the major components of an effective BSA program that audits focus on. Attendees will get an in-depth understanding about assessing BSA policies and procedures. The webinar will also discuss how to do risk assessments and monitor programs and the importance of ensuring qualified employee oversee daily BSA operations.

Areas Covered in this Webinar:

This webinar will look at the following areas and the specifics of each area as it pertains to BSA audit preparation: