Accounts Payable - Payments

With Ormed AP payments you can:

• Manage payments for multiple organizations and
  multiple funds using a single bank account
• Choose which invoices to tag for payment and
  when invoices get paid
• Process payments in any currency
• Choose to maximize vendor discounts and
  selectively manage cash outflow
• Easily process cleared or cancelled checks
• Incorporate electronic signatures on checks
  up to predetermined amounts
• Use EDI (Electronic Data Interchange) for paperless payments
• Automatically reinstate outstanding amounts when a check is cancelled

 

The Ormed Accounts Payable solution includes the following modules: