Accounts payable (AP) is an account within the general ledger that represents a company’s obligation to pay off a short-term debt to its creditors or suppliers. Another common usage of “AP” refers to the business department or division that is responsible for making payments owed by the company to suppliers and other creditors.

U.S Financial & Business Operations’ Accounts Payable Automation and Outsourcing services transform your AP processing from a slow, paper-based or email system of haphazardly applied rules to our rules-based automated digital workflow system that supports real-time online access to information:

• Invoices are digitized and payment approvals are automated.

• Your account coding, routing and invoice matching rules are automatically applied.

• Exceptions are identified and routed for timely resolution.

• Duplicate billing is caught by reviewing each invoice across multiple data points.