Financial and Accounting ProcessesPurpose
Trigger Conditions
2.2. Invoice due date approaches (e.g., T-minus 7 days).
2.3. Inventory receipt confirmation matching vendor invoice.
2.4. Approval for payment from accounting manager.
2.5. Change in vendor payment terms or discounts offered for early settlements.
Platform Variants
• API: Create/Read Invoice, Schedule Payment, Payment Record endpoint.
• Sample: On new Invoice (webhook/API), schedule vendor payment for due date minus buffer days.
3.2. Xero
• Endpoint: Payments POST, Bills GET.
• Sample: Retrieve unpaid bills, automate Approved status for payment, initiate payment.
3.3. SAP Business One
• Function: Document Payment Wizard, Payment Drafts API.
• Sample: Use Payment Wizard for batch vendor settlements based on due date.
3.4. Oracle NetSuite
• SuiteTalk SOAP/REST API: Vendor Payments, Bill Payments.
• Sample: Create Vendor Payment Record from approved Bills.
3.5. Microsoft Dynamics 365 Business Central
• API: Vendor Payments POST, Approval Workflow Trigger.
• Sample: On approval, trigger scheduled payment, record transaction.
3.6. FreshBooks
• Endpoint: Payments POST, Expenses GET.
• Sample: Capture new expense, automate payment on due.
3.7. Wave Accounting
• API: Bill Creation, Bank Payment Scheduling.
• Sample: On new bill, set up a scheduled bank payment.
3.8. Zoho Books
• Feature: Vendor Payments API, Reminders.
• Sample: Trigger payment API call for bills X days before due.
3.9. Bill.com
• API: Payables payment schedule trigger, Vendor Invitation.
• Sample: Auto-initiate payment after invoice approval status.
3.10. Sage Intacct
• API: create_bill, schedule_payment function.
• Sample: Use APIs to queue vendor payment once matched/approved.
3.11. Stripe
• API: Payouts endpoint, Scheduled Transfers.
• Sample: Set vendor as recipient for scheduled transfer.
3.12. PayPal
• API: Payouts API, Adaptive Payments.
• Sample: Schedule batch payments to vendor emails.
3.13. Wise (TransferWise)
• API: Batch Payments endpoint, Scheduled Payments.
• Sample: Automate cross-border payouts aligned with invoice schedules.
3.14. Plaid
• Endpoint: Auth, Transfers.
• Sample: Use Auth to verify accounts, automate transfer on trigger.
3.15. Square
• API: Payments, Invoices, Recurring Payments.
• Sample: Use Invoices API to pay vendors electronically.
3.16. Revolut Business
• API: Scheduled Payments, Vendor Management.
• Sample: Create and automate recurring payment orders.
3.17. Pleo
• Feature: Bill Pay API.
• Sample: Bills matched to vendor, schedule payment.
3.18. Melio Payments
• API: Bill Pay, Scheduling.
• Sample: Add bill and set up scheduled ACH transfer.
3.19. HSBCnet
• Function: Payment File Upload, Scheduled Payment.
• Sample: Upload vendor payment file, set date/time for execution.
3.20. Fiserv
• API: Accounts Payable Outbound, Payment Scheduling.
• Sample: Automate instruction for future-dated payment batches.
3.21. Payoneer
• API: Mass Payouts, Scheduled Transfers.
• Sample: Automate payment instruction to African vendors.
3.22. JPMorgan Access
• Function: ACH/Wire Payment Scheduler.
• Sample: Submit payment batch for scheduled vendor disbursement.
3.23. Gusto
• API: Contractor Payments, Scheduled Payouts.
• Sample: Schedule payments to contract vendors supplying goods.
3.24. QuickFile
• API: Purchase Management, Scheduled Payments.
• Sample: On invoice approval, set up future-dated vendor bank transfer.
3.25. KashFlow
• API: Purchases, Supplier Payments POST.
• Sample: Auto-generate supplier payment when due.
Benefits
4.2. Maximizes early payment discounts and manages cash flow real-time.
4.3. Ensures compliance and transparent audit trails.
4.4. Reduces manual work, freeing staff for higher-value tasks.
4.5. Strengthens relationships with African import vendors via timely and predictable payments.