Accounts Payable

Enterprise 21’s accounts payable functionality provides an online voucher system that applies a controlled set of processes in a flexible yet effective manner. This automated process manages purchases and payables in a timely fashion and facilitates efficient operations, reduces data errors, enhances financial visibility, and improves cash flow. The accounts payable solution supports a multi-level company structure, multicurrency transactions, multiple bank accounts, corporate cash accounting practices, and electronic funds processing. These transactions feed the general ledger via the accounts payable source journal. Accounts payable data is available for flexible reporting through Enterprise 21’s workbenches and dashboards.