SPIN A WHEEL TO GET SOME DISCOUNTS
September 11, 2024
01:00 PM ET | 12:00 PM CT
90 Mins
Kenneth Barden
$199.00
$199.00
$199.00
$299.00
$299.00
$349.00
$299.00
$299.00
$299.00
$199.00
$299.00
$199.00
$299.00
All prices mentioned above are for single user access only. For multi-user access, kindly call us on +1 847-268-3838 or email us at support@audiowebinars.com.

Procurement is more than just purchasing commodities and services it is a whole realm of responsibilities including assisting with problem invoices. Attendees will learn from an experienced procurement professional what situations can and do result in creating a high risk for receiving an invoice that is problematic. Participants will see many examples of situations that have led to problem invoices requiring intervention by the Purchasing Officer in order to resolve them and allow payment to be made. By reviewing these situations participants will learn how to draft procurement documents that limit their exposure to problem invoicing. In addition, participants will learn how to recognize and avoid situations that may lead to errors in billing.  By attending this workshop procurement professionals will be able to spend more time processing procurements and less time resolving problem invoices. Vendor relations will also improve by providing them with timely payments.

Webinar Objectives

  • You will be able to describe ways to avoid problem invoices
  • You will be able to discuss how to resolve problem invoices
  • You will be able to identify where weaknesses are in a procurement document that can lead to vendor billing errors
  • You will be able to recognize situations that can lead to problem invoices
  • You will be able to review procurement documents and include language that will help avoid vendor errors in billing

Webinar Highlights

  1.  

We had a written/verbal quote and the invoice exceeds the quoted price.

  • How to correct and avoid this problem.

The freight charges being invoiced exceed the quoted rate.

  • How to correct and avoid this problem

We have cancelled a contract and the vendor is being charged for additional expenses incurred by the user to replace the vendor as written in the contract

  • How to facilitate this.

The merchandise is defective or damaged.

  • How to facilitate replacement and terms to be included in the procurement document.

A partial shipment was received, and they billed for the total amount.

  • How to facilitate this and avoid this problem

The Contract was for estimated quantities to be ordered as needed and the vendor shipped the total estimated amount for the term.

  • How to correct and avoid this problem

The Invoice did not include the deliverables, or the deliverables were unsatisfactory.

  • How to draft your agreement to protect your organization’s interests.

The invoice exceeded the contract amount.

  • How to correct and avoid this problem

The invoice included an increase in rates that was not approved or not allowed under a contract.

  • How to correct and avoid this problem

The invoice allowed for a discount if payment was made early.

  • How to take advantage of this situation through workflow improvements.

The billing was supposed to be made in stages, order, delivery and acceptance and they billed the total at once.

  • How to correct and avoid this problem

Who Should Attend

  • Procurement Staff 
  • Accounts Payable Staff
  • Contract Officers
  • Internal control officers 
  • Finance Officers 

 

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Kenneth Barden

Kenneth Barden is an experienced attorney with over 23 years of Compliance experience in the international development and financial industry.  Ken has developed regulations and processes for several countries in the development of their AML/CFT regimes. Specifically, he helped set up the financial intelligence units within Indonesia, Azerbaijan, Palau and Palestine.  He previously served as Senior Anticorruption and Governance Advisor with the US Agency for International Development and served as that agency’s representative on a number of inter-agency committees with Treasury, State and Commerce and represented the US at several UN Convention against Corruption (UNCAC)...

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