What do we owe suppliers, and can we support the balance?
A $12,000 recognized bill has a $5,000 recorded settlement. The $7,000 unpaid portion remains visible rather than being silently written off.
Explore the sample companyAccounts payable
Control vendors, bills, approvals, recognition, external settlement records, aging, and AP tie-out.
Spend with supporting recordsSample company
People$104,000
Software$24,000
Operations$30,000
Operating spend
$158,000
Bill approval remains a separate review.
What do we owe suppliers, and can we support the balance?
Cost decisions arrive late when expenses, vendors, bills, approvals, settlement evidence, and accounting controls live in separate systems.
- Accounts payable
- Amounts owed to suppliers for recognized goods or services that have not yet been fully settled.
- What it works with
- Approved bills, posted recognition, external settlement records and exact allocations within a Legal Entity.
- What you get
- Payable details that can be compared with ledger authority and reviewed for unresolved differences.
How the work progresses
Who uses it
Workspace owners and authorized administrators assigning access and reviewing sensitive activity.
- Review vendors and the approved bills in the selected entity.
- Verify posted recognition and any recorded external settlement allocations.
- Inspect payable detail, aging and control tie-out before relying on the balance.
A concrete example
Illustrative, not customer data.
What still needs judgment
OwnCents records externally executed AP settlements only. It never initiates or distributes payments, and it does not imply beneficiary, payment-instrument, tax, or foreign-exchange support.
AI can assist review and explanation, but cannot approve spend, confirm settlement, post a journal, or pay a vendor.
Available workflows depend on your plan, permission scope, configuration and supported data. Compare plans before choosing.
Before you use accounts payable
Can I explore this before connecting company data?
The public demo is a fixed, read-only sample company. It illustrates supported product areas without creating an account or accessing customer data; it is not proof that every configured workflow is available in the tour.
What should I verify before relying on an output?
Confirm scope, source coverage and timing. For this capability, review approved bills, posted recognition, external settlement records and exact allocations within a Legal Entity. An operating status or AI explanation does not replace the required review of accounting evidence.
Does an explanation automatically authorize a financial action?
No. AI can assist review and explanation, but cannot approve spend, confirm settlement, post a journal, or pay a vendor.
Continue the workflow
See the work in context.
Explore a read-only sample company, or start with your own supported data.