Tech Insights

Accounts Payable (AP)

Last updated , generated by Sumble
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What is Accounts Payable (AP)?

Accounts Payable (AP) is the department or function within a company that is responsible for paying the company's bills and invoices. It involves processing invoices, verifying payment details, and ensuring timely and accurate payments to suppliers and vendors. AP systems often automate these processes, improving efficiency and reducing errors.

What other technologies are related to Accounts Payable (AP)?

Accounts Payable (AP) Complementary Technologies

AR manages incoming payments, while AP manages outgoing payments; both are crucial for overall financial health and are highly complementary.
mentioned alongside Accounts Payable (AP) in 93% (667) of relevant job posts
GL is the central repository for all financial data, including AP transactions. AP feeds data into GL.
mentioned alongside Accounts Payable (AP) in 58% (611) of relevant job posts
AP may handle payments related to asset purchases, making it complementary to Asset Accounting.
mentioned alongside Accounts Payable (AP) in 73% (249) of relevant job posts

Which job functions mention Accounts Payable (AP)?

Job function
Jobs mentioning Accounts Payable (AP)
Orgs mentioning Accounts Payable (AP)

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