Purchase-to-Pay Certification: The P2P Academy

Historically (and quite often today), AP organizations operate purchasing and payables in silos, with their respective functions residing in separate departments. However, today’s most innovative companies streamline these two processes into one cohesive unit. In doing so, they have enabled tremendous growth by increasing visibility and lowering costs across the entire P2P lifecycle.
How would you like to create change, spark innovation, and streamline operations in your purchasing or payables department? PayStream Advisors’ P2P Academy, the first and only certification program for purchase-to-pay professionals, gives you the tools to take charge of all the disciplines within P2P. We’ll give you the education, knowledge, and best practices to become a leader in your field; the rest is up to you.

 

Structure

Purchase-to-Pay is often a long-term transformation and organizations today find themselves in varying stages of maturity of their purchase to pay process. Due to these factors, this certification will not take a “one and done” approach and instead will be broken into a three-series program, with each module containing its own body of knowledge, exam and certificate.

Module 1 – The P2P Foundation of Knowledge

This module was designed to:

– Educate, test and measure the individuals’ broad based knowledge of the accounts payable, procurement, and supply chain processes, as well as, define their functional linkages and interdependencies.

– Serve as a refresher course for those who have already been certified in Accounts Payable (such as APM, CAPP, or CAPA) or Purchasing (such as CPM or CPSM, or CSM)

• Chapter 1: Definition of the P2P Process & Success Measures
• Chapter 2: Procurement
• Chapter 3: The Accounts Payable Process
• Chapter 4: Supplier Compliance Roadmap
• Chapter 5: Supply Chain and Logistics
• Chapter 6: The P2P Transformation Journey

Module 2 – P2P Leadership and Best Practices

This module is designed to:

– Test and measure candidate’s knowledge and expertise in deep subject matter of P2P best practices, including analyzing and reporting metrics, utilizing lean process management, change management, and building an end-to-end process.

– To provide the P2P best practices and leadership skills needed by the P2P professional

– To establish the criteria for a P2P leader to be successful in implementing best practices and transforming the P2P process for their organization.

*Module 2 coming soon.

Module 3 – P2P Strategic Direction

This module was designed to:

– Test and measure the P2P professional’s knowledge and expertise of the supplier management process and significance of automation.

– Establish a solid knowledge basis of the automation alternatives available and how they apply to the P2P process.

*Module 3 coming soon.

Online Training

The online version of the course is a self-study program with pre-recorded video training sessions and an in-depth study manual. After completing your training, you can take the certification exam online.

• Pre-recorded video training material highlighting key concepts of each chapter
• Full study manual
• Online exam
• Temporary electronic certificate of completion and official printed certificate upon passing exam

To download Chapter 1 study guide and to learn more about the P2P Academy Certification fee’s, please click here now.