Accounts Payable Details

Advantage includes robust yet easy-to-use applications and a wide variety of reports that allow you to process payables and receivables in record time. With Advantage, your team has access to:

• Real-time processing of all records including a full audit trail of all transactions
• Importing of accounts payable and income-only records
  
• Easy approval of expense reports with direct access to receipts and notes
• An Expense Reports module that lets you import transactions from a file, manage receipts and approve expenses through email, our mobile app or Webvantage
• Purchase order and insertion order matching
• Alerts and controls that help you manage costs that exceed purchase orders and approved estimates
• All related information directly from the payable record including payments, disbursements and related GL entries
• Automated invoice approvals with the ability to store an electronic copy of the paper invoice with every record
• Check writing with unique features that help you select exactly what to pay based on sequential liability and other criteria you determine
• The option to automatically alert vendors via email with payment information when checks are processed
• The ability to protect yourself by sending positive pay information to your bank electronically
• An Electronic Payments feature using the Payment Manager and even earn cash back when using one of our integrated payment partners