The KFS Accounts Payable function replaces a costly, cumbersome job process that creates checks or electronic payment (ACH) files when one vendor is to be paid from contract and endowed accounts. KFS will eliminate the need for two sets of check writers and will better integrate with Purchasing, Capital Assets, and Financial Processing areas.
All KFS e-docs are based on predefined rules and automated workflow. These will guide the staff performing transactions and decrease errors. All KFS users can view most transaction documents, except for sensitive or confidential information like salaries. Maintenance e-docs are administered centrally.