Name: Professional Diploma in Payable Management
SKU: 15568
Price: 9500.00 INR
Availability: InStock

Description

Course Name: Professional Diploma in Payable Management

Global Occupational Skill Standard – GOSS ID: GOSS/PD-FBI-PM-195

Eligibility: 10+2 or equivalent

Language Type: English

Course Type: Self-Paced Online Learning

Objective: The Professional Diploma in Payable Management aims to provide learners with a strong understanding of accounts payable processes, vendor management, and payment control systems. The course develops skills in invoice verification, payment processing, cash flow management, and maintaining accurate financial records. It also focuses on compliance, efficiency, and best practices for managing organizational payable operations effectively.

Duration: 6 Months / 370 Hours

Steps to become a GSDCI Certified Professional:

Step 1: Select your Course you want to pursue.

Step 2: Click on get Enroll Now tab, new pop up window will open.

Step 3: Click on pay Course fee, you will be redirected to billing details page.

Step 4: Fill your details and click on pay course fee, you will be redirected to payment gateway, pay fee by any available options like Card (Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 5: You will get Login Credentials of Online E-Books and Online assessment link on your email id, within 48 hrs of payment.

Step 6: After completion of the online assessment, the Digital(PDF) copy of your Diploma & Marksheet will be sent to your registered email ID within 7 days.

Course Modules:

Module 1: Fundamentals of Payable Management: Introduction to Payable Management, Role and Importance of Accounts Payable in Business, Purchase-to-Pay (P2P) Process Overview, Accounts Payable Terminology and Concepts, Types of Payable Transactions, Payable Management Lifecycle, Principles of Effective Payable Control, Payable Documentation and Record Keeping, Career Opportunities in Payable Management, Future Trends in Accounts Payable Operations.

Module 2: Invoice Processing and Payment Management: Introduction to Invoice Management, Invoice Verification and Validation Process, Purchase Order and Goods Receipt Matching, Three-Way Matching Process, Invoice Data Entry and Coding, Duplicate Invoice Prevention, Payment Processing Procedures, Payment Scheduling and Cash Management, Handling Invoice Discrepancies, Payment Reconciliation Techniques.

Module 3: Vendor Management and Procurement Coordination: Introduction to Vendor Management, Vendor Registration and Onboarding Process, Vendor Master Data Management, Supplier Relationship Management, Procurement and Payable Coordination, Purchase Order Management, Contract and Agreement Handling, Vendor Performance Evaluation, Supplier Communication Practices, Vendor Compliance and Risk Management.

Module 4: Accounting Principles and Payable Reporting: Basic Accounting Concepts for Payable Professionals, General Ledger and Accounts Payable Integration, Journal Entries for Payable Transactions, Accruals and Expense Recognition, Month-End and Year-End Closing Process, Accounts Payable Aging Analysis, Payable Reports and Dashboards, Account Reconciliation Methods, Financial Statement Impact of Payables, Audit Support and Documentation.

Module 5: Technology and Automation in Payable Management: Introduction to Payable Management Software, ERP Systems for Accounts Payable, Electronic Invoice Processing (E-Invoicing), Digital Document Management, Automated Approval Workflows, Data Analytics in Payable Operations, Robotic Process Automation (RPA) in Payables, Artificial Intelligence in Invoice Processing, Cybersecurity and Data Protection, Emerging Technologies in Payable Management.

Module 6: Advanced Payable Management and Professional Practices: Working Capital Management Through Payables, Cash Flow Optimization Strategies, Internal Controls and Risk Management, Fraud Detection and Prevention, Tax Compliance in Payable Transactions, International Payable Operations, Foreign Currency Payment Management, Key Performance Indicators (KPIs) in Payables, Industry Case Studies and Best Practices, Professional Development and Capstone Project in Payable Management.

GSDCI Online Assessment Detail:

Duration- 120 minutes.
Number of Questions- 60.
Number of Questions from each module: 10.
Language: English.
Exam Type: Multiple Choice Questions.
Maximum Marks- 600, Passing Marks Above 40%.
There is no negative marking in any module.

How Students will be Graded:
S.No.	Marks	Grade
1	91-100	O (Outstanding)
2	81-90	A+ (Excellent)
3	71-80	A (Very Good)
4	61-70	B (Good)
5	51-60	C (Average)
6	41-50	P (Pass)
7	0-40	F (Fail)

Benefits of the Professional Diploma

1. Globally Recognized Professional Diploma – Earn a professionally designed diploma that enhances your profile and demonstrates industry-relevant knowledge. Widely valued by employers, organizations, and institutions across multiple sectors.

2. Quality Learning with ISO-Certified Standards – Our training programs are developed under ISO-certified quality management practices, ensuring a structured, consistent, and high-quality learning experience.

3. Enhanced Career Opportunities – Strengthen your resume, improve your professional skills, and increase your potential for employment, career advancement, and new job opportunities.

4. Issued by a Non-Profit Skill Development Organization – The diploma is awarded by a mission-driven organization dedicated to promoting skill development, vocational education, and lifelong learning.

5. Comprehensive Learning Resources – Access quality study materials, e-books, practice assessments, mock tests, and learner support to help you successfully complete the program.

6. Secure Online Verification – Every diploma and marksheet is issued with a unique Enrolment ID and QR Code, enabling employers, institutions, and other stakeholders to instantly verify the authenticity of your credential online.

7. Lifetime Validity – The Professional Diploma is issued with lifetime validity and does not require periodic renewal, allowing you to showcase your achievement throughout your career.

8. Flexible Self-Paced Learning – Learn anytime and anywhere at your own pace, making it easy to balance your studies with work, business, or personal commitments.

9. Industry-Relevant Curriculum – The curriculum is designed to focus on practical knowledge, current industry trends, and real-world applications to improve workplace readiness.

10. Skill-Based Professional Qualification – Demonstrates your commitment to continuous professional development and validates your practical knowledge and skills in the subject area.

Job Opportunities after Professional Diploma in Payable Management

Graduates of this program gain knowledge in accounts payable processes, vendor management, invoice verification, payment processing, expense management, financial controls, accounting systems, and compliance practices, preparing them for roles in finance operations, accounting, procurement support, and corporate financial management sectors.

Key Career Options: Accounts Payable Executive, Payable Management Associate, Finance Operations Executive, Invoice Processing Specialist, Vendor Management Executive, Payment Processing Associate, Accounts Assistant, Procure-to-Pay (P2P) Associate, Expense Management Executive, Financial Operations Analyst, Accounts Coordinator, Transaction Processing Executive, Accounting Support Specialist, Shared Services Associate.

Salary Range (India):
Entry-level: ₹3–5 LPA
Mid-level: ₹5–10 LPA
Senior-level: ₹10–18+ LPA (higher with accounting expertise, ERP knowledge, automation skills, financial controls experience, and professional certifications)

Industries Hiring Graduates: Corporate Finance Departments, Accounting Firms, Banking and Financial Services, IT Services Companies, Shared Service Centers, Manufacturing Industries, E-commerce Companies, Retail Organizations, Logistics Companies, Healthcare Organizations, Procurement and Supply Chain Companies.

Skills Developed: Accounts payable management, invoice verification, vendor coordination, payment processing, expense management, reconciliation practices, accounting principles, ERP and accounting software usage, financial documentation, compliance awareness, reporting skills, and finance operations management.

Graduates can progress to roles like Senior Accounts Payable Analyst, Payable Operations Manager, Procure-to-Pay Specialist, Finance Operations Manager, Vendor Management Specialist, or build careers in accounting and financial operations with additional certifications, software expertise, and industry experience.

Course Rating

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