Online Learning and Exam
Learn at Your Own Pace
With videos, exercises and quizzes
12 Months Access
To the CAPS course library
Hours of On-demand Video Classes
Hours of Learning Materials and Exam Prep
Average Completion Time
Recognition and Respect
To Verify Your Skills and Knowledge
Over 100,000 Professionals
What you'll gain from the Accounts Payable Specialist program
CAPS Certification Overview
An online program for driven Finance professionals who want to stand out from the crowd
The Certified Accounts Payable Specialist programme equips learners with specialist knowledge and skills which are required for a successful career in AP. Learn crucial, proven best practices, whilst understanding how to improve processes, reduce fraud risk and bring significant value to your business.
Where excellence in accounts payable begins
No matter your experience, this course will provide you with the knowledge and skills to progress your career in Accounts Payable and wider finance functions.
Covering core finance and Accounts Payable subject matter, such as managing stakeholder expectations, invoice processing and handling best practices and technology in finance, this course will help you stand out from the crowd.
Access monthly training and support
As an active student on either CAPS, CAPM or CAPP programmes, you will also gain exclusive access to monthly live Masterclasses which are delivered our panel of Accounts Payable and Leadership expert coaches. Read more about Masterclasses here.
Study support from IFOL accredited tutors is also provided through the Virtual Academy.
From your enrolment date you will have access to the online course and final exams for 12 months, in which time you must complete the course.
Designed for advancing your career in accounts payable
Individuals either currently working within a finance role (Accounts Payable or wider finance operations) or those looking to gain the knowledge and skills to begin a career in finance.
Typically CAPS students job titles include
Accounts Payable Clerk / Analyst / Team Leader / Manager
Finance Assistant / Finance Operations Manager / Financial Controller and many more
Please note this is not an exhaustive list and is a sample
Accounts Payable Specialist (CAPS) Course Contents
The Accounts Payable Specialist course comprises of 7 modules and over 30 study units all designed to enhance your knowledge of accounts payable and prepare you for taking the CAPS exam.
All study is self paced and on-demand and includes variety of e-learning, video lessons, exam prep quizzes, short assignments and scenario based questions to answer.
Support is offered for all participants via the dedicated IFOL Education Team who each have in excess of 20 years experience of working and educating in Financial Operations.
1.1 Welcome To The Programme
1.2 Meet Your Account Manager
1.3 Join Your Support Network
1.4 Getting Started
2.1 The Role of an Accounts Payable Specialist
2.2 Career Options and Path For AP Specialists
3.1 Measuring Customer Success
3.2. The Customer Service Brand and Journey
3.3 Managing Customer Expectations
3.4 Handling Complaints and Moving to Solutions
4.1 Understanding Accounting Terminology
4.2 Procurement and The Procure to Pay Cycle
4.3 Invoice Processing and Handling Best Practices
4.4 Purchase Requisitions, Purchase Orders and Statement Reconciliations
4.5 Paying with Procurement Cards
4.6 Fundamentals of Payment Management
4.7 Effective Cash Management Practices
5.1 Supplier / Vendor Management
5.2 Fraud Prevention: Business Email Compromise
5.3 The Supplier / Vendor Masterfile
5.4 Supplier / Vendor Onboarding Best Practices
5.5 Supplier / Vendor Verification and Maintenance
5.6 Supplier / Vendor Validations
5.7 Supplier / Vendor Relationship Management
5.8 Segregation of Duties
6.1 Common Platforms and Solution Types
6.2 Improving Processes with Technology Solutions
6.3 Digital Mail and Data Capture
6.4 Robotic Process Automation (RPA)
7.1 Policies and Best Practices for Expenses Management
7.2 Travel Management Solutions
8.1 Internal Controls and Processes
8.2 Managing and Reducing Risks
- Exam Preparation
- Final Exam – 50 Multi Choice Questions