Accounts Payable Processes are a critical part of business operations, allowing businesses to pay their suppliers and creditors in a timely manner. In its most basic form, it involves recording the details of each invoice, ensuring funds are available and sufficient to cover the amount due, verifying vendors or creditors is legitimate and authorized, preparing checks and/or accounts payable transfers, and issuing payment. At its heart it is about improving financial control over purchasing activities, reducing cost and streamlining processes. Accounts Payable Processes are an integral piece of any successful organization.