Infor10 Distribution Express (FACTS) Accounts Payable

Infor10 Distribution Express FACTS' Accounts Payable allows you to improve the overall efficiency and accuracy of your payables processes resulting in significant savings and greater financial control.

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Automate the Accounts Payable Process for Efficiency By seamlessly automating the entire accounts payable process, Infor10 Distribution Express (FACTS) provides significant savings, improved transaction visibility and greater financial control. These efficiencies and savings are simply not possible with in-house, paper-based procedures or other accounts payable services. Accounts Payable provides distributors with efficient management tools for their trade and non trade payables as well as effective vendor management solutions. Accounts Payable allows distributors to streamline and organize their payment processes which directly results in a positive impact to their cash flow.

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Document Creation

Accounts Payable included functionality that allows you to easily and efficiently create a variety of documents.

• Trade payables are automatically created by the PO programs and posted to AP, non-trade payables can be quickly entered and expensed through Document Entry
• The default terms code assigned to each vendor automatically calculates discount amounts and dates
• Create recurring documents for regular bills, even if they aren't the same amount every month
• Use vendor-specific GL Tables to rapidly assign which expense accounts are normally assigned to the vendor
• Assign each expense line to the optional job

Increase Productivity

Accounts Payable boasts features and functions that allow users to be more productive while improving accuracy.

Vendor Notes

• Easily conveys vital information to employees
• Unlimited Vendor Notes can be created in multiple categories, such as payment notes or general notes
• Urgent notes pop up in critical programs where communicating vital information is essential

Check Writing makes the repetitive, manual task of cutting checks quick and efficient.

• Use the flexible payment selection program to determine which checks to print while maximizing discounts
• Print non-invoice and manual checks
• Void checks quick Cash Receipts

Additional Features and Functionality Electronic Funds Transfer allows you to streamline the payment process using NACHA standard ACH payments. This feature eliminates the handling and processing costs associated with paper checks.
Submit EFT payments Approve EFT payments Vendor Inquiry provides rapid access to vendor activity and payment information. Open and paid invoices Detailed check history Year-by-year 1099 reporting figures Ledgercards Order   Key Reports Accounts Payable provides reports including: Open Payables Report Aged Payables Report Cash Requirements Report Purchase History Report