#PAYABLE AUTOMATION MANUAL#

“Bank of America” and “BofA Securities” are the marketing names used by the Global Banking and Global Markets divisions of Bank of America Corporation.

#PAYABLE AUTOMATION MANUAL#

Reducing your paper and manual process-simplifying your switch to digital. Complete AP integrates seamlessly with most leading accounting and ERP systems and can be configured to meet your unique business needs.īank of America Complete AP, making business easier.īank of America Complete AP automates the entire Accounts Payable cycle, from invoice receipt and approval to payment execution, while integrating with your accounting or ERP system. And payment status is always visible to both parties. Our accounts payable experts work directly with suppliers to process payments on your behalf according to their saved payment preferences using virtual card, ACH, or check. Using a single payment file, you can pay your suppliers without the effort and cost of paper transactions.

Once invoices are approved, Complete AP streamlines your payments process by moving it online. Organized queues, alerts, and audit trails help your business become more efficient and your payables more transparent. Invoices are sent to Complete AP from your suppliers, digitized, repopulated with header-level data and routed directly to the correct team for approval.

That’s why we’re introducing Bank of America Complete AP, a solution that combines innovative technology with a full-service team of experts to transform your accounts payable.īeginning with your invoices, Complete AP eliminates manual processing like data entry and filing, approval management and audit research. Keeping track of paperwork, due dates, and payment status can be overwhelming-and take time away from growing your business. Today, we use cards, phones, and apps to manage bills and pay our expenses.īut at work, managing accounts payable is still cumbersome. Technology has transformed the way we pay.

Payable automation