Accounts payable (AP)
The function responsible for managing and paying a business's obligations to its vendors, covering invoice receipt, validation, approval, and payment.
In more detail
Accounts payable owns the money a business owes its suppliers. The function receives vendor invoices, validates them against what was ordered and received, routes them for approval, and schedules payment. It is a control point as much as a payment function, since it is where overbilling, duplicate invoices, and fraud are supposed to be caught.
The effort is not in cutting the payment; it is in everything before it. Matching invoices to purchase orders and receipts, chasing missing documents, resolving discrepancies, and getting approvals is where AP time goes. The clean invoices flow easily; the exceptions consume the team, which is exactly where automation pays off.
Where this shows up at Ceven
Ceven can automate the laborious parts of AP as workflows, matching invoices against orders and receipts, chasing missing documents, and routing approvals, while keeping a person accountable through human-approval gates before payment. It orchestrates across the customer's own finance systems rather than being the ledger, with every step recorded in the audit trail.