1) Increasing complains about delayed vendor payment.
2) Behavioral change to the vendors while making payment.
3) Making error while deducting TDS on vendor payments that leads to penalty.
4) No access to the real-time report of pending bills.
5) No visibility towards the pending bills that are yet to be posted in the software.
6) Incorrect provisioning that leads to incorrect profitability.
7) Makin double payments to the vendors.
Monitering of Account payable will help you eliminate all these problems. It is an all-in-one solution to all these above problems.