The effective processing of payments to Staff, Suppliers, Statutory agencies and Shareholders has always been an important part of the Financial Management process of organisations
Before now, organisations have been handling their payments processing in different ways. With the recent direction of government and directive of the Central Bank of Nigeria (CBN) on electronic payments, things however need to change.
The CBN directive mandates that going forward, organisations are to adopt electronic payment processing for all the different types of payment they wish to make. This is indeed a game changer. Only forward looking organisations who are proactive know that it is very important to ensure they are fully positioned to comply with this statutory requirement.
Course Objective:
To introduce participants to the extensive electronic payment capability of SunSystems and how it will help their organisations fully comply with the CBN directive.
Who should attend:
Procurement, Account Payable, Finance, Treasury Officers & Managers
What will you learn/Course Benefits:
At the end of this course, you and other participants would have been empowered to;
- Create and maintain comprehensive payment details of all beneficiaries e.g. Staff, Suppliers, Statutory agencies (VAT, Pensions, PAYE etc) & Shareholders
- Initiate and complete payment processing in SunSystems
- Direct integration of your SunSystems with CBN approved Remita e-Payment platform
- Significantly reduce time and efforts required to make payment of any type or amount to any beneficiary.
Prerequisite: Knowledge of basic accounting. An understanding of internal processes would be advantageous.
Date: 3rd – 5th August, 2011
Course Fee: N173,757.00