What is accounts payable (AP)?
Accounts payable is the amount a business owes its suppliers. The balance sheet of a company indicates this amount as a liability. As a function, the €˜Accounts Payable' department ensures that the organization pays its invoices appropriately.
Unified Procurement Platform
SMART by GEP® is a cloud-based, source-to-pay procurement software that delivers comprehensive spend, sourcing and procurement functionality in a single, unified platform native to cloud, mobile and touch technologies this would be below unified procurement platform