Accounts payable automation and approvals

Elements

The pieces this function usually contains in a large organisation:

• Invoice capture
• Approval routing
• Payment runs
• Vendor master with bank details change control

Catalog items that already cover part of it

• Accounts payable BK-0058
• Bills (vendor invoices) BK-0060
• Recurring invoices BK-0065
• Purchase approval INV-0093

Classification

Status

Present in catalog

Fit

Core candidate

Suggested module

BK: Bookkeeping, Ledger & Accounting

Suggested attributes

Lite and Pro; priority Standard; optional online action. Starting points only.

Cluster

Finance, accounting and tax

Public excerpts

domain analysis

Archetypes and companies

Big-box, warehouse club and mass merchants; Foodservice and broadline wholesale distribution; Health systems and hospitals; Universities, government and nonprofits; Aerospace, defense and government contractors.

Example companies in these archetypes: Walmart, Costco, Target, Sam's Club, BJ's Wholesale Club, Meijer, Sysco, US Foods, Performance Food Group, McLane, Core-Mark, C&S Wholesale. These come from general knowledge unless a source code is shown on the archetype page; it is not a statement that each company runs every element, and it implies no relationship.

Closest industry pages

• General merchandise and big-box stores
• Grocery and supermarkets
• Wholesale food and grocery
• Wholesale: diversified, building and industrial supplies
• Wholesale electronics, office and technology distribution
• Hospitals and medical facilities
• Clinics, dental and private practices
• Veterinary and pet care
• Education, schools and training
• Government and public-sector counters

Previous: Cost centres, departments and budgets. Next: Accounts receivable, aging and collections.

Status is a hand review against catalog names and descriptions and can be wrong. See the method.