With Accounts payable software, you can monitor your cash flow by tracking all your outstanding invoice payments as well as available discounts, due dates, and cash requirements. And because our accounts payable solutions run in the cloud, you can access your reports anytime, anywhere by opening a web browser.
Accounts payable software automates receiving the invoices from your suppliers and sub-contractors. It also ensures timely and accurate payment to those creditors, which can improve your relationship with them because they appreciate it greatly.
Link groups of vendors to specific AP accounts in the GL. Default account can be overridden during bill or payment processing. It automatically offsets the correct account when the payment is applied.
Vendor refund documents debit a cash account and debit an AP account. Apply a refund toward a debit adjustment or prepayment.
Control access within your accounts payable software by specifying which individuals and roles can view and modify vendor account information and balances. Restrict sensitive vendor information.
Customize your AP aging categories and create a full set of aging reports including total outstanding, past due, cash requirements, and vendor performance.
Enter prepayment requests, issue prepayments, and apply prepayments to invoices as they are received. Prepayment balance is kept separate from the regular AP account.
Assign a deferred expense schedule by AP line item. Automatically split payments between the prepaid account and expense accounts.
Avoid late charges and take advantage of vendor discounts by aligning payments with cash flows.
Streamline invoice approval and make it easier to resolve issues in the future. When you receive source documents via email or scanning, they’re attached to the invoice for easy drill-down access.
Industries
Wholesale Distribution
Retail
Manufacturing
Food & Beverage Distribution
