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Accounts Payable Automation Solution

oboloo Glossary

Accounts Payable Automation Solution

The official description of an Accounts Payable Automation Solution is:

A software program that automates the Accounts Payable process, which is the practice of paying suppliers for goods or services already purchased. These payments are made within a specific time period and are recorded electronically. The purpose of this system is to streamline the process of paying suppliers, allowing businesses to keep better track of all payments made.”

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