Biztimize Accounts Payable streamlines the entire procure-to-pay cycle — from vendor invoice receipt through payment and reconciliation — with built-in AI tools that cut reconciliation time from days to minutes.
What You Can Do
- Register and validate vendor invoices against purchase orders and goods receipts (3-way matching).
- Manage the full invoice lifecycle: draft, submitted, approved, posted, and paid — with configurable approval workflows.
- Run payment batches with due-date scheduling, early-payment discount capture, and bank file generation.
- Perform AI-powered vendor statement reconciliation: upload a PDF statement and the system matches each line to open AP items, flagging discrepancies for review in seconds.
- Track AP aging with configurable buckets and export to Excel for board-pack reporting.
- Link invoices to Internal Orders for cost-centre spend control and automatic GL posting.
- Connect to the Supplier Portal so vendors can upload invoices and check payment status without email chains.