Course Details
Course

No PO, No Pay – Can It Work for Your Organization? 1 CPE


Course Duration: 1 Hours
Course Rating:
Course Enrollments: 310 Enrolled
Mode of Delivery: On-Demand
Course Level: Intermediate
Study Area: Specialized Knowledge

In this purchase order training course we learn what “No PO, No Pay” means and why companies are moving to this model. We explore the benefits of using Purchase Orders (PO) for goods and services and identify how Purchase Orders can be created for facility, utility and telecommunication costs and identify the key components of a Purchase Order and how they can be used to post costs more timely and to track spend.

We also explore the difference between 2-way and 3-way match and learn how to leverage Purchase Orders to monitor spend and when to determine if budgeted amounts can be or need to be adjusted. In addition we learn the benefits of “Return to Vendor” policies and procedures.

Change management is key in implementing any new policy.  We discover the steps needed to communicate a “No PO, No Pay” policy to vendors and to any employees who may place an order with a vendor.

A “No PO, No Pay” policy comes with strong terms and conditions.  We explore these together to ensure ongoing compliance and success in your Accounts Payable organization. 

Prerequisites

No Advanced Preparation or Prerequisites are needed for this course. However, it is recommended to take the following courses prior to completing this one: 

"Procure to Pay Work Stream" and 

"A Deep Dive into the Responsibilities of Accounts Payable Operations".

Learning Objective
  • Identify the definition of “No PO, No Pay”
  • Explore the advantages of using Purchase Orders (PO) to order goods and services and to track spend
  • Identify the key components of a Purchase Order
  • Explore the difference between 2-way and 3-way PO matching
  • Explore other terms and some of the conditions for a successful “No PO, No Pay” policy implementation

Last updated/reviewed: March 11, 2024

(103) Reviews

(83 rating)
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mark.quinn

Course instructor provided detailed information about the No PO No Pay policy. It was a good reminder if the process and the benefits derived from it.

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steven.lawrence

The presenter keeps a quick pace for this interesting subject and has a bullet point list on screen to make it easy to go back and find any part of the presentation.

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sharoncking

Lots of new information on big datas role with fraud detection.

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ashley.bigaud

This was a very informative course and enjoyed the instructor presentation and knowledge. I dont have no background in this area, however I wanted to get exposure and was surprised to see so much information on the subject matter. Will take additional courses with this instructor.

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amber.deadrick

I've been using pivot tables for years and still picked up a few helpful hints in this lesson. This is a very useful session for any user.

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scott.thompson

I would have liked a video with an explanation with examples. Also, I don't see an explanation of how an applicant is defined. Otherwise a helpful course.

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jennifer.rowland

this could have been good except the very distracting background music at the beginning of the process

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bettie.mccarthy

This was an excellent overview of the budget process in review. It is not a detailed budget process but it is sufficient to outline the major points.

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jerrod.drinnon

Good introduction to blockchain. Still unsure of the purpose of hash and mining.

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jeremy.johnson

Good instructor and very informative. Gives a good overview of what should be considered.

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roy.singer

Great course I recommend this to everyone that wants to learn more about this topic

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bibiana.bernadez

THANK YOU!!!! The course has been very helpful. I knew the practice of AP, now I have the theory. I highly recommend this course.

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ashleigh.guthrie

Good reminders and the delivery was excellent. Good to go back to the basics.

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carol.sama

Interesting framework, although not exactly revolutionary thinking. However, does give some helpful tips on where to start, how to evaluate progress, and a reminder on how to drive long term career success.

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almor.dayoan

I like the short videos or the option to watch it as a whole

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michael.peeler

Good ethics overview course with real life examples

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allan.morris

Terrific insights and very applicable. I pulled out my notebook for this one.

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tsimkiss

Direct, easy to understand slides and notes make this a valuable course.

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robert.webb

This course would be much more effective if all of the files were provided and the student was able to follow along and complete each of the functions being taught.

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michael.fairchild

Slides should be prepared in advance, no slide materials to retain and or review, and the exam questions were very poorly worded relative to answer choices.

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jennifer.o'neill

The course itself was great, but the exam had issues (unclear question wording, duplicate questions, answers considered wrong even though they exactly matched the definition given in the glossary, 79% grade when I got 19 out of 21 correct). The study guide provided was laid out as a syllabus with no helpful content.

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michelle.adams

Enjoyed the instructors enthusiasm of the subject. However, this is a technical course and the materials (PDF) were not helpful in providing a take away for what was taught.

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tanya.estep

I feel that this course would be helpful to other individuals needing to apply the accounting vessels to their everyday work ethics.

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nancy.abaigar

Very tricky and need thorough analysis of the final examination

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armin.dzehverovic

The questions on the final exam were very poorly worded.

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troy.jones

This has been the perfect course for an individual who potentially will use these AP skills. I highly recommend anyone working within financial services to obtain these certs!

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tammy.blackwell

strongly recommend this information to be delivered internally to "internal" customers.

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julie.hammeras

I really had a hard time with some of the exam questions - they seemed ambiguous and unclear.

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beth.kennedy

This course provides lots of great information for the bitcoin/blockchain novice.

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maria_.persaud

Wanted a bit more information of why when C and S crop are selected, they are not 1099 eligible, even if under the LLC option, C and S are selected the same rules apply.

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derekpower

Question 4 and Question 6 on the final exam are the same.

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daine.carlsen

The material is structured in a systematic order, which makes it easy to follow.

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dave.cytlak

Presenter was a subject matter expert. I viewed it as more of an intermediate or advanced course. Was helpful but need to spend more time absorbing some of the concepts

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collin.engelhardt

Having a calculator to practice with, embedded in the course would be most helpful

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adriana.buonassisi

This is a good tool to improve AP processes and performance in any company, I already did a list of KPIs that i need to collect in order to imporve my performance.

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tom.granger

great course. introduced some functions with which I had limited experience, and broadened my appreciation for the application of functions I already use frequently.

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linda.yeager

not a fan of this course. too much story telling and all over the place, hard to follow. If youre looking for a new commentary then you'll love it.

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jwilson_1

Your courses have all been so wonderful, so informational, and so thorough--in short, greatly appreciated by me! Thank you for sharing your expertise, your wealth of knowledge, your inclusion of examples! I have greatly enjoyed reading and listening to all of your lectures thus far.

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susan.johannsen

I like the Mentor's sense of humor. He kept the "28 videos" moving fast enough to be interesting. Also, I appreciated the discussion of US and Canadian standards. Thank you, Blair! P.S. Yes, advertising DOES work.

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trina.bremerkamp

Good overview of mentor-mentee programs, benefits and relationships.

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sidney.williams

This course was very helpful. I learned some neat tricks and tips for inputting data.

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pabstdavid

Great class- one of the better ones! As someone who has a published book, I can attest to the importance of editing.

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alison.pritchard

Great course, thank you for passing along your excel knowledge. I enjoyed the short, but thorough courses on how to really utilize the workbook.

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sherryhouse

questions at end didn't well match topics covered in the course.

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karen.fischer

I wish I had taken a course like this 40 years ago! I really learned most of this through experience and a passion for knowledge, but it would have helped to have this road map at the start of my career. I have learned that self-confidence gained from competence, honesty, and compassion for others helps you be a leader. Always striving to do the best for the benefit of everyone will bring you success.

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robert.werner

This course was extremely relevant to today's corporate environment. The materials were extremely helpful and easy to follow.

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kingsley.onyekwelu

Barry Zalma is very dull and boring. He even seems un-interested in the lecture he is giving.

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jason.mccracken

This course on automation for accounts payable specialists gives an insight to what these types of resources provide. It can help to reduce risk and increase efficiency.

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jennifer.hubbard

Great reference material. Would recommend to others.

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mary.oconnor

For ANYONE in an office environment, some very good topics are covered. The slides were presented well and were easy to follow

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dan.henkhaus

Good material, good baseline on ethics. Good summary of AICPA and Wisconsin statutes. Easy to accomplish this training from the provided PDF document.

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ashlee.krupa

Very helpful summary of many different metrics to evaluate the financial status of a company. As an analyst, this will be very helpful in practical application, and the background and reasoning behind each ratio was clear and insightful.

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jimmy.hall

This course was good at explaining the use of cryptography

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kelly.kreutzer

I very much enjoyed this course. I myself can get stuck in ruts in life and this just helped motivate me to set some goals for myself and to achieve them!

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lacy.jabbour

The speaker rushed while speaking and sounded like he was reading the whole time. Very boring. The slides didn't provide much detail at all which is not great for future reference.

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momnica.tucker

I liked the concept of KPIs for the team, I will need to incorporate this into our process.

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jburke

This was both relatable and informative. Definitely worth the time.

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charles.worden

could be the best course I've taken specific to my job

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prashant.shah

good Course. I recommend all treasury managers in company to go through this course

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allen.ramsay

This is a good overview and self-check but I thought it could be more concise.

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antonio.nunez_1

Currently leading a project that is changing the day to day workflow of AP, this lesson was perfect timing in my career. Thank you!

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carrie.england

Peaked my interest and will now look to delve further into ethics law. Interesting case study of IWK.

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samuel.narotsky

Very useful as a practical guide and as a historical perspective (I was very involved with SOX work from the beginning until 2011, when my employer got bought by a European company).

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dinishia.parker

The course was very relevant for my overall goal of learning more about the benefits of a No PO No Pay policy. The company that I work for is currently implementing this policy and the course furthered my comprehension of what to expect and provided detail benefits to AP, procurement, inventory and the overall benefits to the company. Great class and I highly recommend it.

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mohammad_jasim_akhtar.khan

Good knowledge about Accounts Payable. It is really very deep knowledge about relationship between Vendor and Accounts Payable Team.

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mary.smith

I'm not a technology person, so though I understand the steps I would like to have automated, I don't understand all of the IT related stuff involved. So I wish the slides were a little less crytic and held more detail.

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abilloo

Very well spoken and concise summary of the major updates

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nia

GREAT GREAT GREAT GREAT GREAT GREAT GREAT GREAT GREAT COURSE

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cholm

This course is more of a thought generator than a how to.

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brian.coughlin

Very insightful. I'll keep an eye out for her other content.

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tammy.lorenz

It's a little look into the background of Accounts Payable. It was helpful to learn when liabilities is established.

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cynthia.edinger

Course review is positive! Appreciate the overall format!

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tom.winson

Good course on FCPA. Instructor has great delivery and made it interesting.

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nathan.palatchi

The format and design of the course made the learning process easy to understand. I was especially impressed with the depth of terminology laid out under the glossary of terms listed in the 2nd PDF. Overall, a course I would highly recommend to fellow accounting members.

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steve.seggerman

This course was very easy to follow and I gained greater insight on what type of leader I am.

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drh105

Very nice - I like the course and the image of the flat file...as it is probably similar to what a lot of people are seeing.

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kirit.kapadia

Good insight in personalities and leadership. Excellent explanations of human behavior

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angelina.williams

Good course, working as accounts payable is always good to take this type of course.

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surepaul

would have loved more examples especially on how fair value assessment.

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mmackanic

This class needs dramatic improvement. The class is simply a reading of the course materials in a monotone voice. There is no captivating element in it. It is challenging to learn from a class presented in this manner.

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antonio.crawford

The course is excellent, it adds a different perspective in the function of the CAE as part of the company.

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tonia.mathew

The overlap of information on the slides makes it hard for reference purposes.

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jesus.gonzalez

I liked that I learned more about credit memos, non-po's. New employees changing to an accounting payables position will get the most from this course by the videos.

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kelly.buchanan

I really enjoyed this course. You make it fun and there was a couple of times I even laughed out loud. You kept my attention the entire time. Thank you

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tiffany.dixon

Harder to understand than i thought with my pivot experience.

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gwen.clemings

Good course for insomniacs. Presenter was boring.

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cjserneo

it was very helpful

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abubacker.syed_abdul

Some more error rectification technique may be included in this course.

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cmoore3124

Slides could be more detailed.

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jessica.flynn

As someone who does not have a background in AP, I think the wording on one of the last slides sums up this course well. AP is more than cutting a check! This course gives a perspective of the many things that an AP department should be responsible for.

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tatiana.meshkova

ok

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simon.adell

A very interesting topic, another one they don't teach you in school.

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asetness

Very Helpful

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tbomar

Great course for a detailed but high level introduction to basic accounting principles.

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rebecca.hellman

Very good. However, seemed a little off track at times.

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daniel.paldino

Good course!

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mike.morse

What about online identity theft companies? What do they do and are there worth the money? What are the steps to take if you have your identity stolen?

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sherry.maestas

Good course but needs to be updated for 2015-2016 changes.

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hossam_elsherief

Excellent course

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tvillegas

The videos have too much screenshots that make my eyes confused where to look at to.

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cillo_58

Very informative information

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bernadette.maciel

none

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rgushue3

This course is worth checking out. Like most Excel programs, it covers some items that should have been learned through regular use but is lso shows some new approaches.

Lesson Questions and Answers0 Questions

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Profile picture of instructor
Anne Wheeler
Owner of CS Process Flows - Consulting and Project Management
Progress
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INTRODUCTION and OVERVIEW

NO PO, NO PAY

CONCLUSION

CONTINUOUS PLAY

SUPPORTING MATERIALS

REVIEW and TEST