Accounts Payable

You will receive a software solution that provides the tools you need to meet current cash requirements while planning for future outlays.

The system saves you money by automatically calculating due dates and discounts in order to select optimal payment dates.  And the system includes comprehensive cash requirement forecasting.

Some of the other key benefits you will receive are as follows:

  • Match invoice to receiver or purchase order automatically.
  • Perform on-line tolerance check of quantities and amounts.
  • Liquidate encumbrances partially or fully, as applicable.
  • Allocate line items to general ledger, including multiple funds.
  • Process special documents, such as debit and credit memos, installment payments, etc.
  • Reconcile bank accounts automatically.

Of course, you may have access to the Business Process Management and Knowledge Management tools available on all FMS II products.

Want to learn more?  Click here.