Trade Payments, Payroll, Reconciliation,
and Accounts Receivables
07 – 11 September 2026
Sandton Centre
Johannesburg South Africa
Register Now! Limited Seats Available!
R 19, 999.00 Per Delegate.
Course Description
Efficient financial management is the backbone of every successful organization. Trade payments, payroll, reconciliation, and accounts receivables are critical components that directly affect an organization’s liquidity, profitability, compliance, and overall financial health.
This course is designed to equip participants with both the theoretical knowledge and practical skills needed to manage these processes effectively. Through a combination of expert instruction, case studies, and hands-on exercises, participants will learn how to process payments accurately, manage payroll in compliance with labor and tax regulations, perform timely and precise reconciliations, and implement strategies to improve accounts receivable collection.
By integrating these core functions, the course ensures participants gain a holistic understanding of how financial processes connect and contribute to better decision-making, fraud prevention, and sustainable organizational performance.
Objectives:
- By the end of the course, participants will be able to:
• Understand the principles, workflows, and importance of trade payments, payroll, reconciliation, and accounts receivables.
• Apply best practices in managing supplier/vendor payments to maintain good relationships and ensure cash flow efficiency.
• Process payroll accurately while ensuring compliance with labor laws, tax requirements, and internal policies.
• Conduct accurate reconciliations (bank, vendor, payroll, and general ledger) to identify discrepancies and maintain financial integrity.
• Manage accounts receivables effectively through robust invoicing, monitoring, and collection strategies.
• Strengthen internal controls to prevent errors and fraud across financial operations.
• Use accounting systems, automation, and reporting tools to streamline processes and enhance accuracy.
• Integrate trade payments, payroll, reconciliation, and AR processes into a cohesive financial management framework.
Who Should Attend:
This course is ideal for professionals involved in financial operations, reporting, and compliance, including:
• Finance Officers and Accountants – responsible for payments, payroll, reconciliation, and AR functions.
• Payroll Administrators and HR Officers – managing employee compensation and compliance with labor/tax laws.
• Accounts Receivable & Accounts Payable Staff – handling invoicing, collections, and supplier/vendor payments.
• Internal Auditors & Compliance Officers – monitoring financial accuracy and adherence to controls.
• Treasury & Cash Management Personnel – ensuring liquidity and effective use of financial resources.
• Financial Managers and Supervisors – overseeing finance teams and ensuring efficiency in financial processes.
• Anyone aspiring to strengthen practical skills in financial management and operations.
Course Outline:
Module 1: Introduction to Financial Operations
• Overview of financial processes in organizations
• Importance of accuracy, compliance, and internal controls
• Relationship between trade payments, payroll, reconciliation, and accounts receivables
• Common risks, fraud, and error points
Module 2: Trade Payments Management
• Types of trade payments (domestic, international, supplier/vendor payments)
• Payment methods (EFT, SWIFT, cheques, mobile payments, cards, digital wallets)
• Payment approval workflows and controls
• Cash flow management and supplier relations
• Automation tools and ERP integration
• Case study: Best practices in supplier/vendor payments
Module 3: Payroll Processing
• Payroll fundamentals and components (wages, salaries, allowances, deductions, taxes)
• Payroll policies and compliance with labor/tax laws
• Payroll cycles: monthly, weekly, biweekly
• Payroll systems and automation
• Handling benefits, overtime, and leave pay
• Reporting, reconciliation, and payroll audits
• Case study: Payroll errors and fraud prevention
Module 4: Account Reconciliation
• Purpose and importance of reconciliation in financial reporting
• Types of reconciliations:
o Bank reconciliation
o Vendor reconciliation
o Payroll reconciliation
o General ledger reconciliation
• Tools and techniques for reconciliation
• Identifying and resolving discrepancies
• Automation and digital tools for reconciliation
• Hands-on exercise: Preparing a bank reconciliation
Module 5: Accounts Receivables (AR)
• AR concepts and the revenue cycle
• Invoicing and credit management
• Collections strategies and policies
• Monitoring AR aging and bad debts
• Customer relationship management in AR
• Reporting and performance metrics (DSO, collection effectiveness index)
• Tools for AR automation and tracking
• Case study: Managing overdue accounts and improving collection
Module 6: Integration & Controls
• Linking trade payments, payroll, reconciliation, and AR into one financial system
• Internal controls and segregation of duties
• Risk management and fraud prevention
• Compliance with financial regulations and tax requirements
• Role of technology (ERP, accounting software, AI tools)
Module 7: Practical Sessions / Workshop
• Hands-on reconciliation exercise with sample data
• Processing payroll on a sample system
• Recording trade payments and supplier ledger updates
• AR management simulation (aging schedule, collection strategy)
Module 8: Reporting & Decision Making
• Preparing financial reports for management
• Cash flow forecasting and working capital management
• Performance analysis for AR and payments
• Using financial data for strategic decisions
End of the workshop
IN HOUSE AND ONLINE TRAINING
While both In-House and Online training can present with cost-effectiveness and time-efficacy, there are some very specific differences between in-house courses and those based online.
The demand for additional courses by individuals or groups of people is increasing. Still, it depends entirely on the preferences of a person what type of training he or she wants to receive. Online courses and in-house training carry some similarities but they are considered to exhibit some very pivotal differences too. Despite that, both types of learning can be really beneficial for attendees.
For Registration and other Training arrangements,
contact us on the detail below.
SOUTH AFRICA : +27 11 057 6001
WhatsApp +27 82 360 1372 / +27 79 574 0389
info@bmktraining.co.za / www.bmktraining.com
