The business definition of Accounts Payable Team is an employee who is responsible for the process of paying suppliers, vendors or organizations. Suppliers are the companies that supply things or services to a company. A vendor is a person or business that sells goods or services to a company. An organization is an entity that provides some kind of service to another entity. If a company buys things from suppliers, then the Accounts Payable Team/Employee will pay the supplier on behalf of the company.