The official business definition of an AP System is an accounting system that allows businesses to record, track and manage their accounts payable. It is typically used to record and track all purchases, payments, and expenses related to the business. An AP System allows businesses to streamline and automate their accounts payable process. It provides visibility into what the business is spending and where, as well as an automated way to process payments and track invoices. Additionally, this system can help businesses identify trends in spending, identify errors in invoices and even track discounts due from suppliers. AP Systems can be used for both manual and automated processes, making it a versatile tool for businesses of all sizes. With an AP System, businesses can save time and money, increase productivity, and reduce the risk of fraud and error. This system helps businesses ensure accuracy and efficiency in their accounts payable process, helping them to stay organized and in control of their finances.