Accounts Payable System Functional Requirements Checklist

Subscriber Content
Screenshot of the first page of Accounts Payable System Functional Requirements Checklist

This tool highlights points to consider when rating the priority of an organization’s accounts payable system functional requirements.

Checklist items include: having the ability to create voucher invoice templates, to integrate with fixed assets to automatically set up depreciable assets from vendor invoices, to track invoices by expense category, to mark a voucher as “Recoverable” to indicate that the expense can be billed to fund, to integrate with accounts receivable to allow for automatic billing of recoverable vendor invoices without re-entry, to have vendors directly submit invoices online, and to close or cancel invoices that will not be paid and to assign a reason code.

Free Trial

Sign up for a free, no-obligation trial to start exploring our timesaving, valuable resources.