EnKash Accounts Payable is a robust solution designed to streamline bill and payment management for businesses. It offers a comprehensive set of tools and functionalities that enable seamless integration of accounts payable features into existing accounting software and applications.With EnKash Accounts Payable, businesses can centralize their accounts payable operations, enhance efficiency, and gain better control over their financial workflows.
Vendor Management: Easily create, update, and manage vendor records, including contact details, bank account details and transaction history. Maintain a centralized repository for all vendor-related data, accessible via the dashboard and API.
Invoice Handling: Upload, store, and manage invoices from multiple vendors. The EnKash AP system automates invoice parsing and data extraction, minimizing manual entry and errors. Supported formats include PDF and CSV.
Approval Workflows: Configure custom approval processes to ensure that only authorized personnel can approve payments. Tailor workflows to organizational needs, such as requiring multiple approvals for high-value invoices.
Payment Scheduling: Automate payment scheduling for approved invoices with options for one-time or recurring payments. Integrated payment gateways support bank transfers and credit card payments, offering flexible payment solutions.
Payment Processing: Seamlessly process vendor payments with pre-integrated support for multiple payment methods, enhancing efficiency and security.
Reporting and Analytics: Generate comprehensive reports on accounts payable, payment history, and vendor performance. Gain insights into cash flow, outstanding liabilities, and payment trends for informed financial decision-making.
