Supplier payments let you process paper and electronic payments through an approval cycle, with each stage generating its own posting. You also create and transfer payments in electronic format to your bank, with each payment file formatted according to the requirements of your bank. You configure bank account information and payment format defaults for each supplier, and these defaults are automatically used in every payment to that supplier.

Supplier Activity Dashboard lets you view the invoices and payments associated with a supplier, including the current supplier balance, and amount and due date details for each open item.