Accounts Payable

Multiview Client/Server Accounts Payable

The Multiview Accounts Payable application is an integrated solutions partner to the Multiview General Ledger module. Any financial information that needs to be available in General Ledger to support P&L, Balance Sheet or product line reporting vis-a-vis expense categories is available real time in General Ledger from Accounts Payable.

Multiview has implemented a “business entity” concept that represents vendors, suppliers, clients and employees. This architecture is driven by a common sense approach to the demographic data required by Multiview client companies. Multiview can support the information needs surrounding these “business entities“ from a single repository. This allows Multiview Accounts Payable to take advantage of the power of the Oracle® database. For example, this application can supply triggers that warn AP personnel not to pay a vendor for goods when the vendor, who is a client, owes more money than is scheduled for payment.

Additional features:

• Ability to pay invoices for the same vendor from different bank accounts on the same check run. This facilitates the payment management process and enhances vendor relationships.
• Full bank account reconciliation for all bank accounts. Speeds month-end closings and ensures that the cash account truly represents the cash position of the company - all with a single automated process.
• Invoice approval capabilities for companies who want to control the buying process without having to implement a purchase order system. Increased levels of invoice approvals ensure that unwanted expenditures do not occur.
• ”Quick Check“ produces a check instantly for a supplier. Simply put in the invoice number and print a laser generated check instantly and immediately updating all expense information relative to the transaction.
• Ability to have an unlimited number of payment processes in any state of completion with full safeguards over duplicate payments.
• Direct payments from Accounts Payable to a supplier or employee's bank account without producing a formal check. Payments can be settled by either ACH or wire transfer.
• Multiple currencies operating at the same time. Many companies today function in a global market place and need the ability to buy and receive goods in multiple currencies. Multiple currency processing options are available to international companies.
• Imaging and workflow approval process capabilities. Ability to approve and link external documents to on-line vouchers. An efficient way to store and retrieve supporting documents for viewing on-line.

Accounts Payable is a critical function for every corporation. Its purpose is not merely to pay bills, but also to manage the cash of the corporation, maintain good vendor relations and provide expenditure information that affects every area of performance. Multiview's Accounts Payable solution can optimize these operations while minimizing the time and effort required to manage them successfully.