SAI CORE Management Systems: CRES

Accounts Payable

SAI operational software systems are integrated with the Accounts Payable Management system. Key aspects of this system include management of trade and non-trade accounts, payables history, freight invoice processing and check reconciliation. Some unique features are the ability to settle payments on shipper or consumer weights, the generation of detailed settlement information on the check or separate report, optional automatic creation of the supplier's invoice, validation of freight liability, accruals accounting, and custom interfaces of bank reconciliation data to customers' financial institutions. Full transaction details, together with a variety of available management reports and displays, make the Accounts Payable Management System an integral part of SAI's CRES software system products.

• Processing controlled by vendor type: freight, shipper, accounts payable vendors
• Segregate Trade and Non-Trade Accounts Payable
• Provides initial and final payment terms options by shipper, designated by freight mode
• Payment minimum delay days option
• Supports settlement weight tolerance codes in percentage or weight
• Shippers are integrated with the Freight Rate Database
• "Do Not Pay " capability
• Multiple addresses: ship-from, check and contract
• Trade payables payment forecast
• Miscellaneous adjustments capability
• Print 1099 capability
• Recurring invoices supported
• Automatic interfacing of invoices, debit, and credit memos from SAI purchasing, scale and freight systems
• General ledger distributions during module interfacing
• Supplier display and reports in alphabetic or supplier number sequence
• Early payment, deferral, and partial payment options for selecting invoices for check writing
• Detailed shipment settlement information for suppliers on checks or settlement reports
• Ability to process manual checks
• Check voiding capability to reopen invoices for payment
• Automatic update of check payment information to original source module of the invoice
• Month-end reports for balancing and auditing reference
• Month-end interface and updating of invoice distributions and check disbursements to the general ledger