Procure to Pay Leader Apprenticeship
Program overview
Procure to Pay professionals typically have responsibility for creating and following financial processes to ensure the businesses suppliers get paid on time. The role will typically be located within the finance function of a business alongside other finance departments such as Order to Cash / Accounts Receivable, Accounting, Payroll and Treasury.
Procure to Pay Leaders will develop a skillset and advanced understanding of the P2P cycle and provide management and leadership to the team.
Things you need to know…
All IFOL accredited apprenticeships are eligible for Apprenticeship Levy or government funding.
Frequently Asked Questions
Anybody who works in England in a permanent, full time employment (over 25 hours per week).
The apprenticeship course will take around 12 – 15 months to complete, which includes the final assessment, known as end point assessment.
Upon successful completion, you’ll earn the CP2P certification along with a Level 5 Diploma in Leadership and Management from the Institute of Leadership and Management (ILM)
All companies in England with an annual payroll bill of over £3m pay a government tax known as the Apprenticeship Levy. For these companies, funding is extracted from their Levy account to cover all training costs. For non-levy paying companies, 95% funding is guaranteed from the government. We are able to make all arrangements for you.
Yes, over 78% of apprentices are already in employment when they begin an apprenticeship. They also vary in age and experience.
Yes. We advise the best course of action is to engage with your Learning and Development, Training or HR department first. Then contact us to arrange a time to discuss your team training requirements.
Whenever you’re ready. Each apprenticeship program is delivered around your requirements.
No, this is a common misconception with apprenticeships.
The course is a blend of online e-learning materials and assessments along with a choice of face to face sessions at your workplace or virtually via zoom or TEAMS.
In the first instance, either arrange a call with our team – click here to view available time slots.
Alternatively, send us an email to info@acarp-edu.org
Program aims
100% Tailored to you
Gain a recognised industry qualification
Dedicated tutor support
Initial assessment to ensure programme suitability
Blended delivery options to suit you
Personal and professional growth
Key Course Modules
Programme Introduction
Welcome to the Programme
Your Dedicated Account Manager
Register yourself for the Bi-Monthly Student Forums
Join us and your Fellow Students on Linkedin
CP2P Programme Introduction
Getting to Know You
The Expenditure Cycle
The Expenditure Cycle
The Expenditure Cycle Simplified (Optional Resource)
Expenditure Cycle Knowledge Check
Purchasing and Accounts Payable, Scoping The Requirement
Aligning Purchasing and Accounts Payable
Knowledge Task – Hard and Soft Savings
Implementation
Knowledge Task – Process Improvement Methodologies
Scoping The Requirement Part 1
Knowledge Task – Mission Statement
Scoping The Requirement Part 2
Knowledge Task – Third Party Providers
P2P Structure, Making the Change
P2P Structure
Knowledge Task – Procure to Pay Structure Analysis
Transition To A New Approach
Knowledge Task – Business Process Re-Engineering
Adapting to Change
Knowledge Task – Adapting To Change
Procurement Process and The Receiving Process
What is Procurement?
Spend Categories and the Purchasing Process
Supplier Selection and Starting The Relationship
Documents For Ordering Goods and Services, Policies For Purchasing
Purchasing Indirect Goods and Services
The Receiving Process
The Accounts Payable Department, Payment and Settlement, Credit Cards & P-Cards and other Payment Options
The Accounts Payable Function
Invoice Processing and Reconciliation
Errors, Audits and Accounts Payable Automation
Payment Methods
Credit and International Payments
Credit Card Programmes
Assuming Ownership Of Payment Methods
Leadership, Management and Change Management 1
Leadership and Management Introduction
What Makes A Good Leader + Communication
What Makes A Good Leader Assignment
Customer Service and Building an Effective Team
Building And Managing A Team Assignment
Change Management Part 1
The SCARF Model Explained
Change Management Part 2
Change Management Assignment
Cash and Treasury Management
Cash and Treasury Management
Cash Management Assignment
Supplier / Vendor Management
Supplier and Vendor Management
Onboarding New Vendors Assignment
Compliance, Tax and Reporting
Compliance, Tax and Reporting
Compliance, Tax and Reporting Quiz
Controls, Fraud and Risk Management
Controls, Fraud Prevention and Risk Management
Controls, Fraud and Risk
Automation Solutions and Implementation
Automation Solutions
Automation Assignment
Optimisation
Effectiveness and Optimisation
Effectiveness and Optimisation Assignment