RUN Accounts Payable Management
Your accounts payable personnel have responsibilities beyond simply paying the bills. They help build supplier relationships by ensuring that all delivery, payment, and contractual conditions fulfilled. They manage the flow of invoice processing to ensure prompt and accurate processing. In addition, they add value to the bottom line with targeted use of invoice discounts and tactical timing of cash flow disbursements. Effectively balancing supplier needs, payment terms, discounts, and cash management requires a flexible and adaptable system that optimizes the entire accounts payable process .
BENEFITS
A Flexible, Integrated Accounts Payable System :
RUN Accounts Payable provides the integration and flexibility you need to stream line and personalize your accounts payable operation you can enhance supplier relationships by fulfilling payment obligations in an accurate and timely manner And, with automated discount calculations and prepayment support you can ensure that your cash management is both efficient and effective.
Improve Supplier Relationships :
Flexibility is critical to meet the unique needs of your suppliers. In addition, Accounts Payable provides the tools to help you build and maintain efficient, personalized supplier partnerships with any method of payment.
Establish Prompt, Efficient Invoice Processing :
With RUN Accounts Payable, you have the flexibility to meet your unique business requirements - whether you process multiple recurring invoices or prepayments. The system automatically calculates discounts, and currency conversions based on your preconfigured specifications. This capability enables you to take full advantage of discounts and pay your suppliers according to their terms without interrupting the accounts payable process.
Manage Cash Effectively :
An effective cash management approach takes maximum advantage of discounts while maintaining your suppliers
preferred payment methods. RUN Accounts Payable allows you to consider a virtually unlimited number of variables before submitting payment to a supplier, including date due, discount offered, and amount of cash on hand.
Timely and accurate information :
RUN Accounts Payable provides timely and accurate information on cash flow, aging information, discount opportunities, payment history, and vouchers. With this information you are able to improve supplier relationships, negotiate better contracts, and control cash flow .
- Create customized accounting templates to minimize data entry and streamline how each user performs his.
- Report scheduling system.
- RUN Fixed Assets Management System
- RUN Budgeting Management System
- RUN Cash Management System
- RUN Accounts Receivable Management System
RUN ERP
Account Payable Management