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ERP accounts payable software refers to integrated enterprise resource planning systems that automate and manage a company’s outgoing payments. For CFOs and finance professionals, relying on disjointed or outdated AP processes can mean late payments and missed vendor discounts, leading to complications that chip away at financial accuracy and operational agility.

As a digital software expert with a background in financial management, I understand the critical balance CFOs must maintain between cost control and speed. The right ERP software doesn’t just streamline accounts payable; it empowers finance teams with real-time insights, reduces human error, and ensures compliance while scaling with the company’s needs.

To help you make the right choice, I’ve tested and reviewed leading ERP accounts payable tools, narrowing down the options that best serve fast-paced finance teams like yours.

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Best ERP Accounts Payable Summary

This comparison chart summarizes pricing details for my top ERP accounts payable selections to help you find the best one for your budget and business needs.

Best ERP Accounts Payable Review

Below are my detailed summaries of the best ERP accounts payable that made it onto my shortlist. My reviews offer an in-depth look at the key features, pros & cons, integrations, and ideal use cases of each tool to help you find the best one for you.

Best for small businesses

  • 7-day free trial
  • From $99/month
Visit Website
Rating: 4.4/5

TallyPrime is an ERP accounting software solution aimed at small businesses, offering essential financial management functions. It assists users in managing their accounts, inventory, and compliance needs efficiently.

Why I picked TallyPrime: TallyPrime simplifies complex accounting tasks without overwhelming users. It automates key payable processes like vendor bill management, due date tracking, and outstanding reports, making it easier for small teams to stay on top of liabilities. Plus, the software’s intuitive interface and built-in compliance with regional tax laws reduce the need for deep accounting expertise, while features like multi-currency support and real-time updates help businesses stay organized and financially aware.

Standout features & integrations:

Features include efficient inventory tracking, which helps you manage stock levels accurately. The software also simplifies compliance management, ensuring your business meets necessary regulations. 

Integrations include Microsoft Excel, Amazon Web Services, Google Drive, Dropbox, Zoho CRM, Salesforce, QuickBooks, Microsoft Outlook, PayPal, and Stripe.

Pros and cons

Pros:

  • Ideal for small businesses
  • Simplifies compliance management
  • Straightforward accounting solutions

Cons:

  • Limited scalability
  • Basic reporting features

Best for mid-sized organizations

  • Free demo available
  • Pricing upon request
Visit Website
Rating: 3.9/5

Epicor is an ERP solution designed for mid-sized manufacturers, offering tools for managing production, supply chain, and financial operations. It supports businesses in optimizing their manufacturing processes and improving overall efficiency.

Why I picked Epicor: Epicor strikes the right balance between advanced functionality and scalability without overwhelming teams with complexity. Its modular design lets businesses tailor features like invoice automation, supplier management, and payment processing to their current size while still supporting future growth. The software also streamlines AP workflows with real-time data visibility and integrations with banking systems, all while maintaining strong audit trails and regulatory compliance capabilities. 

Standout features & integrations:

Features include production management tools that help you streamline your manufacturing processes. The software also offers supply chain management capabilities for better procurement and delivery. Additionally, its financial management features support accurate budgeting and forecasting.

Integrations include Microsoft Dynamics, Salesforce, SAP, IBM, Google Cloud, Amazon Web Services, QuickBooks, Xero, and NetSuite.

Pros and cons

Pros:

  • Strong production management tools
  • Accurate budgeting features
  • Supports mid-sized operations

Cons:

  • Complex implementation process
  • Resource-intensive setup

Best for global financial operations

  • Free trial available
  • From $180/user/month

Dynamics 365 Finance is a financial management software designed for large enterprises and global operations. It focuses on enhancing financial visibility and profitability, providing tools for cash flow forecasting, customer payment predictions, and invoice automation.

Why I picked Dynamics 365 Finance: Dynamics 365 Finance excels in managing global financial operations with its advanced automation features. The cash flow forecasting helps you stay on top of your finances, while customer payment predictions allow you to anticipate revenue streams. Additionally, the software’s invoice workflow automation reduces manual process errors and speeds up payments, making it ideal for businesses operating on a global scale.

Standout features & integrations:

Features include cash flow forecasting, customer payment predictions, and invoice workflow automation. These tools help you maintain financial visibility and reduce manual errors in processing payments. The software also offers budget proposal streamlining to enhance your financial planning efficiency.

Integrations include Microsoft Teams, Power BI, Office 365, LinkedIn, Azure, SharePoint, Dynamics 365 Sales, Dynamics 365 Supply Chain Management, Dynamics 365 Human Resources, and Dynamics 365 Customer Service.

Pros and cons

Pros:

  • Advanced cash flow forecasting
  • Global financial management tools
  • Budget proposal streamlining

Cons:

  • Requires technical expertise
  • Limited customization options

Best for cloud-based financials

  • Free demo available
  • Pricing upon request

Infor Financials and Supply Management is a cloud-based ERP solution designed for businesses needing detailed financial and supply chain management. It caters to enterprises looking to integrate financial operations with supply chain processes for improved efficiency.

Why I picked Infor Financials and Supply Management: Infor Financials and Supply Management delivers deep financial automation combined with integrated supply chain capabilities, all within a modern cloud architecture. What makes it particularly effective for AP functions is how seamlessly it ties supplier management, invoice automation, and expense tracking into a unified platform that eliminates manual tasks and improves accuracy. Additionally, your team can benefit from real-time insights, embedded analytics, and robust compliance controls, helping finance teams operate more strategically while reducing processing times and errors

Standout features & integrations:

Features include real-time financial analytics, which provide insights into financial performance. The software also integrates financial and supply chain operations to optimize processes. 

Integrations include Microsoft Azure, Amazon Web Services, Salesforce, SAP, Google Cloud, QuickBooks, IBM, Microsoft Dynamics, and NetSuite.

Pros and cons

Pros:

  • Real-time financial analytics
  • Scalable for growing businesses
  • Comprehensive financial insights

Cons:

  • Lengthy setup process
  • Limited offline accessibility

Best for construction firms

  • Free demo available
  • Pricing upon request

Deltek ComputerEase is an ERP solution designed specifically for construction firms, focusing on project management and accounting functions. It helps construction businesses manage job costing, payroll, and financial reporting effectively.

Why I picked Deltek ComputerEase: Deltek ComputerEase streamlines the entire AP process by integrating job costing directly into vendor management, allowing project managers and accountants to track expenses by job and phase in real time. With features like subcontractor compliance tracking, automated lien waivers, and mobile invoice approvals, teams can stay on top of payables from the field or the office. This tight integration between accounting and project operations means firms can avoid costly mistakes, speed up payments, and maintain stronger control over their cash flow.

Standout features & integrations:

Features include job costing tools that help you track project expenses. The software also offers payroll management to ensure compliance with construction industry standards. Additionally, financial reporting tools provide detailed insights into your business's financial health.

Integrations include QuickBooks, Procore, Sage 300, Microsoft Excel, Viewpoint, PlanGrid, Bluebeam, Microsoft Project, Spectrum, and Oracle.

Pros and cons

Pros:

  • Tailored for construction
  • Accurate job costing
  • Comprehensive financial reporting

Cons:

  • Complex to set up
  • Requires industry-specific knowledge

Best for asset management

  • Free demo available
  • Pricing upon request

IFS Cloud is a comprehensive ERP solution designed for businesses focusing on asset management and operational efficiency. It serves industries that require integrated asset management capabilities to enhance productivity and reduce costs.

Why I picked IFS Cloud: IFS Cloud offers a uniquely integrated experience that ties financial processes directly to asset lifecycle management. This means companies can track the financial impact of every asset (from acquisition to retirement) while ensuring that costs, depreciation, maintenance, and procurement are tightly linked to accounts payable workflows. Plus, with real-time data visibility, users can reconcile vendor invoices with actual asset usage and service events, reducing errors and enhancing financial control.

Standout features & integrations:

Features include real-time data analytics that offer insights into asset performance. The software provides tools for optimizing asset usage and extending their lifecycle. Additionally, it supports operational efficiency by integrating various business processes.

Integrations include Microsoft Azure, Amazon Web Services, Google Cloud, Salesforce, SAP, IBM, QuickBooks, Microsoft Dynamics, and NetSuite.

Pros and cons

Pros:

  • Real-time data analytics
  • Supports asset lifecycle management
  • Integrates business processes

Cons:

  • Complex implementation process
  • High learning curve

Best for team collaboration

  • Free trial available
  • Pricing upon request

DELMIAWorks is an ERP solution designed for manufacturers, focusing on production management and execution. It serves manufacturing businesses aiming to enhance operational efficiency and streamline production processes.

Why I picked DELMIAWorks: DELMIAWorks tightly integrates communication tools directly within the workflows of manufacturing and financial operations. This means teams responsible for procurement, finance, and production can coordinate in real-time with shared visibility into accounts payable data, inventory status, and supplier activity. Additionally, rather than relying on fragmented email chains or external tools, users can comment, tag colleagues, and flag issues right inside the system, reducing delays and misunderstandings. 

Standout features & integrations:

Features include general ledger management, accounts payable and receivable, and cash flow tracking, all tightly integrated with other business functions. The software also supports automated invoice processing, vendor payment scheduling, and financial reporting, helping finance teams reduce manual entry errors and gain real-time insights into company spending and revenue. 

Integrations include SOLIDWORKS, Microsoft Dynamics, Salesforce, SAP, IBM, Google Cloud, Amazon Web Services, QuickBooks, and NetSuite.

Pros and cons

Pros:

  • Real-time production monitoring
  • Enhances operational efficiency
  • Tailored for manufacturing needs

Cons:

  • Complex setup process
  • Resource-intensive implementation

Best for scalable manufacturing

  • Free demo available
  • From $199/month

SYSPRO is an ERP solution tailored for manufacturers and distributors, focusing on scalability and operational efficiency. It helps businesses manage their supply chain, production, and financial processes effectively.

Why I picked SYSPRO: As operations grow, SYSPRO helps streamline financial workflows by automating invoice matching, supplier payments, and cash flow forecasting, all while maintaining compliance and transparency. Its modular design lets businesses scale up efficiently by adding functionality as needed without overhauling their systems.

Standout features & integrations:

Features include supply chain management tools that help you optimize inventory. The software also offers production scheduling capabilities to meet demand efficiently. Additionally, its financial management features provide insights into cash flow and budgeting for better decision-making.

Integrations include Microsoft Dynamics, Salesforce, SAP, IBM, Google Cloud, Amazon Web Services, QuickBooks, Xero, and NetSuite.

Pros and cons

Pros:

  • Supports business growth
  • Efficient supply chain management
  • Strong production scheduling tools

Cons:

  • Complex setup process
  • Steep learning curve

Best for large enterprises

  • 30-day free trial
  • From $0.75/unit/month (600 units and 3-month contract minimum)

SAP S/4HANA is an ERP solution tailored for large enterprises, offering advanced financial management and operational efficiency. It helps businesses manage complex financial processes and supports real-time data processing for better decision-making.

Why I picked SAP S/4HANA: SAP S/4HANA excels in serving large enterprises with its ability to handle complex financial operations. The real-time data processing allows your team to make informed decisions quickly, while its advanced analytics and reporting tools provide insights into financial performance. Plus, because it connects smoothly with other parts of the SAP system, everything from procurement to finance stays in sync. 

Standout features & integrations:

Features include advanced analytics and reporting tools, real-time data processing, and detailed financial management capabilities to help you track financial performance and make data-driven decisions. The software also supports predictive analytics to anticipate future trends.

Integrations include SAP Ariba, SAP Concur, SAP SuccessFactors, SAP Fieldglass, SAP Customer Experience, Microsoft Azure, Amazon Web Services, Google Cloud Platform, IBM Cloud, and SAP Analytics Cloud.

Pros and cons

Pros:

  • Real-time data processing
  • Supports large-scale operations
  • Predictive analytics capabilities

Cons:

  • High implementation complexity
  • Resource-intensive setup process

Best for process manufacturers

  • Free demo available
  • Pricing upon request

ECI Deacom is an ERP solution tailored for process manufacturers, offering advanced tools for managing production, inventory, and financial operations. It serves businesses looking to streamline processes and improve operational efficiency.

Why I picked ECI Deacom: ECI Deacom is specifically built to handle the complexities of batch and formula-based production, where traceability, compliance, and real-time cost control are critical. It integrates accounts payable directly into its end-to-end ERP platform, ensuring that purchasing, inventory, production, and accounting systems all work together seamlessly. This tight integration reduces manual data entry and errors, making it easier to manage vendor payments, match invoices with purchase orders and receipts, and maintain clear audit trails. 

Standout features & integrations:

Features include a fully integrated accounts payable and receivable modules to streamline invoice matching, payment batching, and vendor credit management. Plus, the software’s real-time general ledger supports multi-entity reporting and provides detailed transaction drill-downs.

Integrations include Microsoft Dynamics, Salesforce, SAP, IBM, Google Cloud, Amazon Web Services, QuickBooks, Xero, and NetSuite.

Pros and cons

Pros:

  • Tailored for process manufacturing
  • Financial insights for businesses
  • Supports operational efficiency

Cons:

  • Complex implementation process
  • Requires industry-specific expertise

Other ERP Accounts Payable

Here are some additional ERP accounts payable options that didn’t make it onto my shortlist, but are still worth checking out:

  1. SAP Business One

    For company control

  2. Aptean

    For industry-specific solutions

  3. Acumatica

    For cloud ERP solutions

  4. Tipalti

    For accounts payable automation

  5. Sage Intacct

    For financial management insights

  6. Odoo

    For open-source customization

  7. Oracle NetSuite

    For integrated business management

ERP Accounts Payable Selection Criteria

When selecting the best ERP accounts payable to include in this list, I considered common buyer needs and pain points like reducing manual errors and improving invoice processing efficiency. I also used the following framework to keep my evaluation structured and fair: 

Core Functionality (25% of total score)
To be considered for inclusion in this list, each solution had to fulfill these common use cases:

  • Automating invoice processing
  • Managing vendor payments
  • Tracking accounts payable aging
  • Handling purchase orders
  • Generating financial reports

Additional Standout Features (25% of total score)
To help further narrow down the competition, I also looked for unique features, such as:

  • Real-time analytics dashboards
  • Multi-currency support
  • AI-driven fraud detection
  • Customizable approval workflows
  • Mobile app accessibility

Usability (10% of total score)
To get a sense of the usability of each system, I considered the following:

  • Intuitive user interface
  • Easy navigation
  • Minimal training required
  • Consistent design aesthetic
  • Quick access to key functions

Onboarding (10% of total score)
To evaluate the onboarding experience for each platform, I considered the following:

  • Availability of training videos
  • Interactive product tours
  • Access to webinars
  • Use of chatbots for guidance
  • Pre-built templates for setup

Customer Support (10% of total score)
To assess each software provider’s customer support services, I considered the following:

  • 24/7 support availability
  • Multiple support channels
  • Fast response times
  • Access to a knowledge base
  • Personalized support options

Value For Money (10% of total score)
To evaluate the value for money of each platform, I considered the following:

  • Competitive pricing
  • Flexible pricing plans
  • Features included in base price
  • Discounts for annual payments
  • Cost vs. benefits analysis

Customer Reviews (10% of total score)
To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:

  • Overall satisfaction ratings
  • Feedback on key features
  • Comments on reliability
  • Insights on customer service
  • User recommendations

How to Choose ERP Accounts Payable

It’s easy to get bogged down in long feature lists and complex pricing structures. To help you stay focused as you work through your unique software selection process, here’s a checklist of factors to keep in mind:

FactorWhat to Consider
ScalabilityWill the software grow with your business? Consider if it can handle increased transaction volumes and additional users without performance issues.
IntegrationsDoes it connect with your existing systems? Check for compatibility with your current accounting software, CRM, and other essential tools to avoid data silos.
CustomizabilityCan you tailor it to your workflows? Evaluate if the software allows for customizable fields, reports, and processes to fit your unique business needs.
Ease of UseIs it user-friendly for your team? Look for intuitive interfaces and straightforward navigation to minimize training time and boost adoption.
Implementation and OnboardingHow long will it take to get up and running? Consider the time and resources needed for setup, data migration, and training. Avoid solutions with lengthy or complex onboarding processes.
CostDoes the pricing fit your budget? Compare the total cost of ownership, including licensing, maintenance, and potential hidden fees. Look for flexible payment options and discounts.
Security SafeguardsAre your financial data protected? Ensure the software offers encryption, regular security updates, and compliance with industry standards to safeguard sensitive information.
Support AvailabilityIs help readily accessible? Check for 24/7 support options, response times, and the availability of self-service resources such as tutorials and FAQs to assist your team when needed.

What Is ERP Accounts Payable?

ERP accounts payable is a software solution that manages a company's outgoing payments and financial liabilities. It’s typically used by finance professionals and accountants in small businesses, mid-sized enterprises, and larger corporations to ensure accurate and timely payment processing and routing.

Most ERP accounts payable software come with key features, such as invoice data automation, vendor management, and real-time reporting to help with reducing manual errors and improving financial oversight. Overall, these tools enhance efficiency and accuracy in managing financial obligations.

Features of ERP Accounts Payable

When selecting ERP accounts payable, keep an eye out for the following key features:

  • Invoice Automation: Streamlines the invoice processing workflow, reducing manual data entry errors and speeding up payment cycles.
  • Vendor Management: Centralizes vendor information and interactions, ensuring efficient communication and better relationship management.
  • Real-Time Reporting: Provides up-to-date financial data and insights, helping users make informed decisions quickly.
  • Multi-Currency Support: Handles transactions in various currencies, beneficial for companies dealing with international vendors.
  • Approval Workflows: Customizes approval processes to match organizational policies, enhancing control over payment approvals.
  • Integration Capabilities: Connects with existing systems like accounting and CRM tools, ensuring seamless data flow across platforms.
  • Security Safeguards: Protects sensitive financial data with encryption and compliance with industry standards.
  • Customizable Dashboards: Offers personalized views of key metrics, helping users track performance indicators relevant to their roles.
  • Mobile Access: Allows users to manage accounts payable tasks on-the-go, increasing flexibility and responsiveness.
  • Fraud Detection: Identifies unusual patterns and potential fraud, safeguarding the company's financial assets.

Benefits of ERP Accounts Payable

Implementing ERP accounts payable provides several benefits for your team and your business. Here are a few you can look forward to:

  • Reduced Errors: Automating invoice processing minimizes manual data entry mistakes and ensures accurate payment records.
  • Improved Cash Flow Management: Real-time reporting helps you monitor financial transactions and manage cash flow effectively.
  • Enhanced Vendor Relationships: Centralized vendor management ensures efficient communication and timely payments, building better partnerships.
  • Increased Efficiency: Customizable approval workflows and mobile access allow for quicker decision-making and task management.
  • Better Financial Oversight: Integration capabilities provide a unified view of financial data, aiding in advanced financial analysis.
  • Fraud Prevention: Advanced fraud detection features identify suspicious activities, protecting your financial assets.
  • Scalability: Multi-currency support and flexible system configurations allow your business to grow without system limitations.

Costs and Pricing of ERP Accounts Payable

Selecting ERP accounts payable requires an understanding of the various pricing models and plans available. Costs vary based on features, team size, add-ons, and more. The table below summarizes common plans, their average prices, and typical features included in ERP accounts payable solutions:

Plan Comparison Table for ERP Accounts Payable

Plan TypeAverage PriceCommon Features
Free Plan$0Basic invoice processing, limited vendor management, and basic reporting.
Personal Plan$5-$25/user/monthEnhanced vendor management, basic approval workflows, and standard reporting features.
Business Plan$30-$75/user/monthAdvanced invoice automation, multi-currency support, and customizable dashboards.
Enterprise Plan$80-$150/user/monthFull integration capabilities, advanced fraud detection, and comprehensive real-time analytics.

ERP Accounts Payable FAQs

Here are some answers to common questions about ERP accounts payable:

How does ERP accounts payable improve cash flow management?

ERP accounts payable software improves cash flow management by providing real-time insights into your financial transactions. This helps you track payments and manage your cash reserves effectively. With automated reminders and scheduling, you can avoid late fees and optimize payment timings in the accounts payable process. This way, you maintain healthy cash management and cash flow.

Can ERP accounts payable integrate with existing accounting software?

Yes, most ERP accounts payable systems can integrate with existing accounting software. This integration allows seamless data transfer between ERP systems, minimizing data entry and errors. Before choosing a solution, ensure it supports your current software to maintain a unified financial overview.

What are the security measures in ERP accounts payable?

ERP accounts payable solutions typically include encryption and access controls to protect sensitive financial data. Regular updates and compliance with industry standards further enhance security. You should verify that the solution meets your organization’s specific security requirements to safeguard your data effectively.

How customizable are ERP accounts payable systems?

ERP accounts payable systems often offer customization options to fit your business needs. You can adjust workflows, approval processes, and reporting formats to match your operations. Before selecting a system, assess the level of customization it offers to ensure it aligns with your business processes.

What kind of support can I expect from an ERP accounts payable provider?

Support varies by provider, but you can typically expect options like 24/7 customer service, online resources, and training sessions. It’s important to choose a provider that offers support channels that suit your team’s needs, ensuring you get help when you need it.

How do I determine the ROI of an ERP accounts payable system?

To determine ROI, evaluate the system’s impact on reducing manual work, error rates, and payment delays. Consider the time saved and the financial benefits from improved cash flow management. Compare these gains against the system’s costs to assess its overall value to your business.

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Kianna Walpole
By Kianna Walpole

Kianna Walpole is the Editor of The CFO Club. Her specializations include financial management, risk assessment, and digital software.