Accounts payable (AP) software is a digital tool that automates and manages a company’s bill payments and vendor invoicing process. It helps track, approve, and pay supplier invoices efficiently, reducing manual work and errors. With AP software, businesses can streamline invoice processing, set up automatic payment reminders, improve cash flow visibility, and ensure timely payments to avoid late fees. It also enhances accuracy with features like invoice matching and audit trails. For growing businesses, accounts payable software saves time, reduces fraud risk, and supports better financial decision-making by centralizing all payment data in one platform.