accounts payable software
Are you effectively managing current accounts payable processes to squeeze the most out of each dollar? Does your firm have a handle on early payments, missed discounts and late fees? With SAM Pro Enterprise, you will be able to make autopayments, handle exceptions and generate reports to decrease lost opportunity costs and reduce inflated expenses with the software's sophisticated accounts payable component.
Benefits — Accounts Payable Software
- Automate payment processes by eliminating early payments, reducing cycle times, taking advantage of discounts and avoiding penalties
- Schedule events that trigger actions such as "pay-when-paid" management, "pay-when-invoiced" management and cash requirements planning using Rules-Based Management
- Set paid-when-paid terms by subcontractor invoice, as well as manage insurance certifications that can be set to block payment, if expired
- View real-time information such as details on most recent item/prices and a rolling three-year summary
Features — Accounts Payable Software
- Keep tabs on bill status with the cash requirements report
- Attach any paper document – like a vendor invoice – through document scanning
- Handle positive pay/issued reporting with ease
- Voucher POs, add shipping charges, create credit memos and voucher payables when no PO exists (e.g., monthly rent) with the AP Journal
- Simplify the check voiding process
- Schedule when payments and discounts are due with the AP Terms function
- Easily manage multi-national accounts with the automatic voucher and reimbursement of vendors in their currency
- Create custom AP terms
- Utilize a purchase history tab to easily view past activity
- Analyze paid history by vendor, PO, effective date, invoice or inventory control
- Supports manual or system accounts payable checks
- Supports retainage and partial payment
