Accounts payable
Accounts payable (AP) is the liability on your balance sheet that represents money your company owes to suppliers for goods and services received but not yet paid.
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Rillion
Indirect spend, ACH, and 3-way match. You come across many words and terms in accounts payable and invoice processing that seem complicated. We're here to untangle the complexity with definitions and examples you actually understand.
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Invoice coding
Invoice coding means recording a business transaction in the correct account.
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OCR invoice processing
OCR invoice processing is the use of optical character recognition technology to extract data from invoices and convert it into structured, usable information.
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Take control of your accounts payable operations
Rillion turns disconnected invoice and payment processes into one streamlined flow.