ERP Software Systems Index for Manufacturing
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SAP Business ByDesign > Accounts Payable
SAP Business ByDesign
Accounts Payable
Keeping control over outstanding payments and receivables can be a difficult task and one that is often understood only by accounting professionals. The focus of the solution is to reduce complexity and increase transparency by automating the processing of payments and due-payment clearing. This speeds up processing and increases your cash flow. You can support your company’s policies by defining your own payment block reasons, deduction types, and grouping or clearing strategies for payments.