1. Managing Accounts Payable in Microsoft Dynamics® AX 2012

2. Value Proposition – Accounts Payable
Flexible configuration options for the setup and maintenance of vendors
Invoice matching
Support for three-way, two-way, or no matching required policies
Configurable at the item, vendor, or item/vendor combination level
Ability to set up matching per legal entity
Robust invoice entry
Vendor portal supports the ability for the vendor to securely submit invoices
Ability to create invoices based on purchase order or product receipts
Capability to invoice multiple purchase orders on a single invoice
Web service support to allow for importing of vendor invoices
Flexible payment options
Support for proposed or suggested payments, based on due dates or cash discount dates
Centralized payments allows you to pay invoices from one legal entity on behalf of other legal entities

3. Business Integration Points
Invoicing
Payment processing
Settlement
Purchase order
processing
Enter purchase orders
Process invoices
Payment proposal
Issue payments
Apply payments