Features Of The Best Accounts Payable Software Solutions-converted

1. Features Of The Best Accounts Payable Software Solutions Finance systems such as Xero, QuickBooks, Sage, or MYOB are great for small-medium businesses who are managing business spend. However, you may be looking for an additional add-on system to begin streamlining and automating your accounts payable process. AP automation is a rapidly growing trend in the finance industry, moving from an innovation to an essential for businesses who like to remain in control of costs. When searching for the best accounts payable software, there are many features that should be on your check list to ensure the best all-in-one solution: Integrations The first main factor that will be key when looking for the best accounts payable software for you is if it will seamlessly integrate with your current

2. finance system. You don’t want to change systems or overhaul your current process, but simply improve it. Look for a solution that will integrate with the system you use Sage for an easy setup. Cloud-based A cloud-based AP solution means no installation of software, but a simple login that can be accessed from any device. With remote and hybrid working increasing and becoming a standard, a cloud-based solution supports the entire team no matter where they are working from. Invoice Processing The best accounts payable software solutions provide advanced invoice processing that involves customisable workflows. Zahara Systems Ltd. sends invoices through your personalised workflows of approvers, with each

3. invoice going through different workflows depending on its conditions. This ensures that the invoice is approved by the right people, automatically hopping from one approver to the next with no more paper getting lost on desks. Purchase Order creation The ease of creating purchase orders for your suppliers is also an important consideration, as your finance team will want to make sure suppliers are getting accurate and approved orders within your budget. In Zahara, POs are sent through approval workflows and can be assigned to department budgets or projects for maximum visibility of spend and control of costs. Finance teams see huge benefits from having visibility in their accounts payable processes, and with Zahara it is made easy. Optical Character Recognition The best accounts payable software solutions also have built-in optical character recognition (OCR) accurately reads invoices and converts them into digital formats, even matching them with purchase orders. This provides much greater control of business spend and can prevent fraud, as OCR can detect differences between invoices and POs and check for any fraudulent documents. Not all AP solutions have this built-in, so be sure to check. Staff expenses

4. Almost all businesses manage various numbers of staff members, and with this comes staff expenses. This can include buying milk for the office, buying a train ticket to meet a client, or booking a hotel for a business trip. Advanced AP software offers staff expenses approvals, which can be captured in a mobile app for staff to record expenses on the go. Claims can even have documents and photos attached to each line item, so there is a full record of the expense and each item purchased. It is important to considerall these factors when looking for the best accounts payable software. Check if it will meet your needs and keep up with innovative trends in accounts payable for an ultimate all-in-one solution. View thefull feature list of Zahara advanced AP software and join the thousands of businesses automating their AP processes globally today. For More Information Visit Here: Click Here for visit our website: https://www.zaharasoftware.com/