Accounts Payable Invoice Process is the process of receiving, verifying and entering invoices into the accounts system. This process can involve multiple stakeholders such as suppliers, employees and vendors who are responsible for inputs into the process. It ultimately assures that goods or services received are accurately recorded in the books of accounts, paid out, and that document processes are all compliant according to legal, regulatory and company guidelines. The efficient and effective recording of these transactions is key to ensuring that a business’s financials remain accurate, enabling smart financial decision-making and creating greater organizational efficiency.