Accounts payable
Automate the processing of entry and payment of your suppliers’ invoices.
Why choose Solop for your Accounts Payable?
You will know at all times the funding needs to pay your suppliers and you will plan when and how to pay them.
By accurately tracking your supplier invoices, you will be able to carry out this task in a systematic way, approving documents and controlling funds to pay easily.
Smart Payment Processing
Calculate your withholdings automatically
Automate the tedious calculation of withholdings in each of your accounts payable by applying the corresponding intelligence.
The system will generate the document based on the calculated withholding and will deduct it from the original invoice.
Optimize the approval of invoices payable
Save time and effort by automating the approval of your invoices to pay. Payment authorization flow for invoices that have differences from what was requested, both in quantity and price.
Optimize the management of payments to suppliers
Manage the payment of previously authorized invoices en masse, indicating when they will be paid and how. Discounts exchange or withholding invoices and issues the payment order for the net amount.
Functionalities
Attach documents to the invoice
Attach all the documents you need directly to your supplier’s invoice, and keep what you need neatly so that other people can see them.
Create advances for suppliers
Issue advances to your suppliers and apply them to pay invoices when you receive them. Advance payment balances will be accounted for separately from the normal supplier account.
Bicurrency aging reports
Fully customizable, the bicurrency aging report includes the total pending and expired with different dates and allows you to reevaluate invoices that correspond to foreign currency.
Visibility of accounts payable
Through the roles you can specify which people will have access and visibility or modifications to your suppliers’ accounts.
Multiple supplier ledger accounts
Create groups of suppliers and link them to different accounting accounts, to optimize their visibility and analysis.
Audit
Have complete audit trail for all your documents. Documents cannot be deleted nor eliminated. Every transaction leaves complete traceability of who entered or modified it, and when they did so.