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DatasheetGeneral Business

Accounts Payable

Acumatica Accounts Payable simplifies and automates AP processes with features for invoice recognition, payment scheduling, and tax management, improving cash flow and accuracy in vendor management.

What you'll learn

  • AI-Powered Invoice Processing: Automates data entry by using AI to recognize and process invoices, reducing manual errors and speeding up invoice handling.
  • Comprehensive Tax and Currency Support: Automatically calculates VAT, withholding, and multi-currency adjustments, ensuring compliance and simplifying international transactions.
  • Flexible Vendor Payment Options: Supports bulk payments, prepayments, and recurring bills, allowing businesses to optimize cash flow and take advantage of vendor discounts.
  • Advanced Security and Compliance: Includes 1099 reporting, detailed audit trails, and vendor account security to protect sensitive information and meet regulatory requirements.
  • Self-Service and Real-Time Reporting: Provides AP aging reports and a self-service portal for vendors to track invoices and payments, enhancing visibility and vendor relationships.
"REMCAN is excited to start using the AP Artificial Intelligence invoice recognition. We're processing well over 2,000 invoices a month, and the AP AI will allow us to be way more efficient." - Andrea Deakove, Project Lead, REMCAN Projects
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Still have questions?

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