Our Accounts Payable solution is a robust application with an easy-to- use interface, designed to deliver maximum benefit and increased efficiency. The environment creates an automated process for managing invoices, saving key entry and reducing errors, while providing an efficient system for tracking invoices and approvals.
- Built for the strict operational compliance needs for financial institutions
- Optimized for multiple users and multiple companies
- OFAC Compliance built-in
- Invoice imaging with direct scanning via TWAIN interface
- Track taxes with multiple rates per branch
- Offers invoice allocation module for multiple companies
- Offers Vendor Withholding capability
- Interface GL/DDA transactions to any GL System
- Make ACH and direct deposit payments with auto-email notification
- Document imaging for invoice and vendor information
For organizations that print paper checks, the process of printing checks, stuffing envelopes and mailing can overwhelm even the most efficient accounting team. With our ASCEND Innovative Payments solution you can enhance your productivity and most importantly, increase profitability.
ASCEND offers an unlimited number of companies or paying institutions in one database. Each company has its own set of users and permissions with the ability to interface to their respective General Ledgers.
When having more than one company, ASCEND allows for an invoice to be paid from one company but split the expense of that invoice to other companies GL. This feature saves countless manual entries or tickets.
ASCEND offers the ability to import a file into Accounts Payable that will prepopulate invoices into the software. You can use this feature to created hundreds of invoices in just a few moments.