The GM-X Accounts Payable subsystem handles the processing, payment and clearing of vendor invoices, credit notes and debit notes.
The Accounts Payable capabilities of most ERP systems on the market today were designed and built years ago, before the proliferation of myriad payment methods available to businesses today throughout the world. Enterprises which rely on legacy Accounts Payable applications are unable to improve their cash flow positions, or manage their cash resources as effectively as they could, because their current systems obstruct them from taking advantage of the speed, flexibility and low cost that modern payment technologies deliver. The GM-X Accounts Payable subsystem, having been designed and built with 21st Century needs and technologies in mind, allows enterprises to overcome the limitations of their legacy ERP systems and reap these benefits.