Accounts Processing is the system through which transactions and information related to a business’s financial activities are managed. This includes activities such as invoicing, collections, data entry, and reconciliations. Accounts processing enables businesses to track dollars, cents, and other forms of currency as they enter, move through, and leave their organization. It also plays an essential role in helping a business generate ongoing cash flow and manage day-to-day operations. In short, it’s the foundation for efficient and successful financial management.