The Accounts Payable system is designed to automate invoice processing and check generation while providing accurate and timely information. As with all of Datafaction's products, the Accounts Payable module is a completely on-line, integrated accounting package. It interfaces with our General Ledger, Job Costing and Insurance programs to allow a single entry to update all necessary files, saving you time and reducing errors.
The Accounts Payable system may be configured with ease to operate in a multi-company, multi-user environment. You have the flexibility to treat each client differently in terms of cash vs. accrual basis of accounting, custom or standard vendors, and the integration to associated modules.
The Accounts Payable System will help you to:
- Project cash requirements for more efficient cash management
- Schedule payments to maximize discounts