search icon

Accounts payable software and automation

Stay on top of your payments with accounts payable software and keep your suppliers on your side.

Getting smarter with accounts payable automation software

Work with suppliers or contractors? Accounts payable software can help you to track who you need to pay and when.

Regardless of what business you run, it’s almost certain you work with suppliers, contractors or employees who need to be paid.

You don’t want to waste time struggling to use an unintuitive solution and then get phone calls from your suppliers or employees to say they’ve been paid the incorrect amount or none at all. Instead, you must know who needs to be paid and when, and then have confidence in your accounting software.

Remember paying suppliers on time will strengthen your relationship with them and help you renegotiate how often you pay down the road.

 

 Why should your accounts payable be automated?

Increase business efficiencies

Automating accounts payable will help you improve the accuracy of financial information, save time on business processes and free up team members to work on other activities.

Taking this step is also useful if you want to avoid defaulting on suppliers.

How to find and calculate accounts payable

The best way to find and calculate accounts payable is to keep accurate financial records and track what you owe to suppliers.

If you’re using Sage Business Cloud Accounting:

  • Create or import suppliers
  • Enter the amount of money you owe suppliers
  • Review the Customer Balances - Days Outstanding Report

Improving your small business accounts payable

Modern accounting software is ideal for finding and calculating short-term debt.

For example, the Customer Balances - Days Outstanding Report inside of Sage Business Cloud Accounting reveals what you owe to suppliers at any point in time.

Benefits of accounts payable software

Analyse your finances

Keep track of your business spending across multiple companies using our intelligent reporting software.

Keep suppliers on your side

Paying on time keeps suppliers happy and strengthens relationships.

Sage Business Cloud Accounting

Simple, yet powerful accounting software that gives you control over your finances and your business.

Find the Sage business software that best fits your business

Each company has its own set of ambitions, goals and markets, which is why you need a powerful and flexible accounting software. Thanks to our accounting software, you’ll always have the financial support you need.

Sage Business Cloud Accounting

Worry free cloud software for startups, micro, and small businesses looking to manage their finances and control cash flow.

  • Create invoices quickly and easily, giving you and your customers essential features you need.
  • Give your customers access to a professional side of your business by enabling your Customer Zone. 
  • Get an instant understanding of how your business is performing with customisable dashboards.
  • Ability to manage multi-currency transactions.
  • Manage your invoices and expenses on the move with our mobile accounting apps anywhere, anytime
  • Secure, reliable and trusted solution that gives you peace of mind
  • Mobile companion apps that gives you access to your accounting data on the go.
Go to Sage Business Cloud Accounting
Sage UBS

Highly trusted accounting software solution perfect for small and medium sized companies looking to manage their account and financial effectively in a professional way.

  • First choice accounting software for SMEs in Malaysia.
  • Always compliant and up-to-date.
  • Easy to set up and simple to use.
  • Envision business growth with full inventory management and billing functions.
  • Add-on functions that allow you to create alerts, messages or chat with helpdesk to solve your issues.
  • Ability to integrate with Sage Point of Sales (POS) and Building Service Maintenance (BSM) systems for a complete end-to-end financial function suitable for any industry.
Go to Sage UBS

Get practical accounting advice

Real-time reporting for CFOs – why automation is crucial

Real-time reporting for CFOs – why automation is crucial

Reporting is still crucial in the finance department. CFOs have always focused a lot of their attention on financial analysis – a critical part of any modern business and an important measure to understand the business performance of a company. Whether CFOs are compiling these statements themselves or assigning others to create accurate statements, their […]

Read More Read More
How blockchain traceability can improve supply chain management

How blockchain traceability can improve supply chain management

Is it time for your business to look at blockchain traceability? Manufacturers often need global supply chains, which bring their own set of problems in identifying and tracking what is actually going into the product they release out to customers. If a supply chain works across multiple organisations and countries, it can be difficult to […]

Read More Read More
Are you outgrowing your MRP system? How ERP is changing the game

Are you outgrowing your MRP system? How ERP is changing the game

The evolution of business management solutions for manufacturing companies has spawned a massive number of product offerings in the market. As solutions become more technologically advanced and robust, it can be difficult to sift through features that are required to support growth and those that are cosmetic. To get the most out of any solution, […]

Read More Read More
Accounting for entrepreneurs: Your eight-point survival guide

Accounting for entrepreneurs: Your eight-point survival guide

It can be easy to forget how important accounting is to your business. Your accounts tell you the real story of your business and are essential for helping you predict and shape your future success. So while it might all seem a bit daunting, or something you can put off until the tax man comes […]

Read More Read More
How Industry 4.0 can help create the factory of the future

How Industry 4.0 can help create the factory of the future

Through digital transformation, your manufacturing firm can take advantage of productivity and efficiency gains via Industry 4.0. You can look ahead to a factory of the future – connecting information so intelligent machines can collaborate with each other, run by a team of analytical, well-trained workers. It’s a centre of innovation—the hub of a supply […]

Read More Read More
How wholesalers and distributors can use analytics to boost productivity

How wholesalers and distributors can use analytics to boost productivity

Wholesale and distribution are important components for the Malaysian economy. The movement of goods is a crucial part of the supply chain – and analytics can play a key role in this – it’s no good manufacturing the right product if it can’t get to the right retailer (or other business customer) at the right […]

Read More Read More
3 business tech predictions for manufacturers in 2020

3 business tech predictions for manufacturers in 2020

As businesses look ahead to the business trends of 2020 to plan their strategies for the coming year, we know technology will continue to play a pivotal role in how we do business as newer, more powerful innovations become available. We predicted in 2018 that 2019 would be the year of the integration boom for […]

Read More Read More
Tips to manage flexible working in your business

Tips to manage flexible working in your business

Want to offer flexible working and improve your efficiency too? Here’s how business management software can help you keep your employees connected.

Read More Read More