Accounts Payable
OneBusiness Account Payable
Account Payable System
OneBusiness’ Accounts Payable Module streamlines and automates the entire process of paying your suppliers. From capturing purchase orders to issuing payments, our solution speeds up theprocess while reducing the risk of human error
With OneBusiness, you’ll get a user-friendlyinterface that is easy to understand and navigate, as well as real-time data analytics so you can keep track of your business performance from anywhere.Plus,ouraffordable pricing makes OneBusiness an economical choice for businesses of all sizes
Account payable process
In every company, the size of the account payable depends on the size of the organisation & its business. We base on the total number of vendors or service providers. Medium and large companies or enterprises followed a particular process before making any transaction of payment with the vendor or service providers. The process contains
- Receiving the bill: This is the first set of accounts payable process. We use the statements to trace the data like the quantity of the goods, cost, date, and time.
- Scrutinising the bill for details: This process, a team closely examine or inspect the statements for the verification of the vendor's name, order authorisation, date, requirements, etc.
- Updating the records for the bills received: In this process, we update the records in the ledger or in account software where 'Onebusiness' ERP software can help you to record the data accurately neatly and cleanly.
- Making timely payment: In this process, one needs to process the charges before the due date to avoid penalties. For this, you require the account details of the vendors for payment. You also need an authorised signature in case of cheque payment.
- Accounts Payable Automation: This facility will allow users to initiate payment to vendors from the invoice verification transaction.
- Digital Invoice Verification: Your vendors can send a pdf invoice to your company email address. OneBusiness ERP will perform automatic invoice verification. You can approve the invoice later after you receive a notification from the system.
With OneBusineess ERP Solutions, you will get the below features in the account payable option
- Adding a new entry
- Deleting an entry
- Editing/updating an entry.
- Editing/updating an entry.
- View an entry
- You can download the whole data of account payable entries
- You can filter the data by using filters like date slot, company, bank, vendor name, etc
- It gives you complete access to your entries.
- Current options for accounts payable data are; document number, company code, name, down payment, amount, payment type, message, created date, etc
Reasons why you should choose the 'OneBusiness' Financial accounting module for your payable accounting
- The interface is user-friendly; even a first time user can understand the layout and modules very easily.
- It saves a lot of time teaching or training because it is straightforward to understand.
- In-case of any customisation as per your business needs, you can contact us anytime. We also provide custom changes as per business requirements.
- Check your business insights from anywhere with real-time data.
- Say no to costly ERP software, OneBusiness is very economical to implement and run.
- Automated features to handle your accounting problems and save time.