Product Release: Accounts Payable 17.3

Accounts Payable
– Automate invoice processing: Collecting, submission and approvals
– Leverage spend & invoices into effective decision-making data
– Enable touchless e-Invoicing via cXML, EDI or a supplier portal
– Support invoicing in international currencies
– Generate reports by organization or business unit, as well as suppliers
– Accurately calculate and manage taxes automatically

  • Significant Multi-Business Unit Enhancements for Global Enterprises
    • Centralize or decentralize accounts payable processes the way that you want, across a multinational or multiple enterprise resource planning environment
    • Customize documents, workflows, receipt notification settings, and more, to each business unit’s specific needs for greatest operational efficiency
  • Complete Transparency of Supplier Profile Data
    • Automatically populate supplier’s profile data on invoices and route through workflow
    • Monitor all aspects of a suppliers’ data—such as terms, violations, and pricing—from the invoicing workflow to meet sourcing and purchasing criteria while minimizing risk
  • New Visibility of Invoice data in the Supplier Portal
    • View invoice data from all sources in a supplier’s portal
    • Configure fields such as need-by dates and invoice date that can be utilized in conjunction with payment terms