How to Make AP Treasury’s Strategic Partner

Thursday, June 17, 2021 | 2 to 3 p.m. EDT

Field of Study: Business Management and Organization
Program Level: Intermediate
Delivery Method: Group Internet-Based
Prerequisite: None
Advanced Preparation: None
Successful completion of this program qualifies you to receive up to 1 CPE credits.

Mark Penserini
VP of Partner Management

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Innovating organizations understand that accounts payable deserves a seat at the table with Treasury and other senior leaders in Finance. It’s no secret the Accounts Payable department is often seen as a cost center by Treasury. Treasurers are focused on minimizing cash risk and maximizing cash returns, and paying vendors is not top of mind. But what if instead of being seen as a drain on cash, Accounts Payable was a strategic tool to help organizations (and treasurers) manage their cash flow better?

Learning Objectives

  • How Accounts Payable assists organizations the complexities of cash management
  • About the benefits and ROI of the strategic alliance between Treasury and Accounts Payable
  • Valuable float alternatives that minimize risk and increase control

Speaker Biography

Mark has over 25 years of operational and technical experience specializing in project management across Healthcare, Finance, and IT operations. Before Nvoicepay, Mark was Vice President of Partner Services at Inworks servicing, LLC for six years. Mark was also a director and program manager at Molina Healthcare, focusing on their health insurance exchange. He also served as Deputy Program Manager for the Oregon Health Insurance Exchange for over three years with a $200 million budget.