Accounts Payable

Accounts Payable within NetSuite for Government

Streamlined payment processes, and a user-friendly platform manages purchase orders, vendor invoices, and payments. Easy entry of purchase requisitions, purchase orders, and approval workflows, simplifies the payment process, reducing delays and improving efficiency. Support for electronic funds transfer (EFT), enables secure and timely payments to vendors, eliminating the need for manual check processing. Real-time visibility into purchase orders, receipts, and invoices, along with automated payment processing and encumbrance management, ensures smooth and transparent financial operations.

• Save data entry time by increasing p-card usage and transparency around p-card data.
• Reduce external subsystem management of expenses.
• Establish better relationships with your vendors by offering timely, efficient payment, as well as support for EFT.
• Fully automated payment processing leads to greater efficiency and better cash management.
• Visibility into each purchase order (PO), receipt and invoice. By calling up a PO, you can see its entire transactional history and verify proper billing.
• Check the status of payments directly on your Dashboard to ensure relevant discounts have been applied—and that payments are made on time.
• Real-time encumbrances to effectively manage your budgets.
• Use workflows to ensure the approval process is auditable.