SYSPRO Accounts Payable gives you control and management of your organization’s expenditures by providing an efficient method for recording purchases and supplier invoices as well as making expense distributions. It improves cash flow, provides timely, accurate, and efficient control of invoice processing, the payment of bills, the application of discounts, and the total expense analyses that help to maintain close relationships with suppliers. It turns the tedious and time-consuming process into a manageable piece of your corporate puzzle.
Key benefits of Accounts Payable
- Multi-branch and multi-currency
- Multi-period accounting for timely period-end rollovers
- Forecast of current and future cash requirements for improved cash flow
- Support for diverse tax systems, such as TAX/VAT/GST/Canadian HST, for global processing
Extensive audit trails and journals form an integral part of the module. Against each supplier, invoice, and transaction details are retained from which cash requirements, forecasting and purchase analysis may be printed.