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As a critical function of any business, AccountsPayable (AP) is responsible for managing the company's financial obligations to its vendors, suppliers, and creditors. Whether you are a seasoned accounting professional or a new entrant into the field, understanding the terminology associated with AP is essential.
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Watch: Supercharge MIP with AI Purchasing & AccountsPayable Tools Fill in the form to access the on-demand recording of our webinar session looking specifically at adding functionality to MIP with an integrated purchasing and AP automation platform.
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AccountsPayable (AP) is a crucial function of any organization. It is responsible for managing the payment of bills and invoices to suppliers and vendors. However, many organizations struggle with their AP processes, leading to inefficiencies and financial losses.
If you are an accountspayableaccountant, were sharing these eight differences between Business Central and GP with you in mind. While this is more advanced than GPs native workflow system, most companies with high invoice volume use a third-party AccountsPayable app for more robust processing capabilities.
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