The Accounts payable module manages and controls vendor transactions from the accounting point of view, where it records vendor master information and the basic transactions related to vendor invoicing, payment, and settlement. The accounts payable function is integrated with other business functions.

The first integration point with the procurement and sourcing business functions is procuring goods and services to the company, the second integration is invoicing the purchase order based on the received goods in the warehousing, and the third integration with cash and bank management business functions is performing vendor payment and settlement against invoices. The full cycle of procure to pay is shown in the following diagram:

The normal practice of enterprise organizations is that no purchase orders are created directly. This can lead to creating purchase orders that are not needed and exposing the company to uncontrolled expenditures...