Accounts Payable apps now available for object-centric process mining (2023-07-18)

The most popular apps for Accounts Payable now have versions in the Celonis Marketplace that support object-centric process mining. The object-centric versions of the apps use the Accounts Payable perspective that’s supplied with our object-centric data model, or a custom Accounts Payable perspective that you have created in your team.

• The Payment Term Checker compares payment terms on posted invoices, purchase orders and vendor master data to identify unfavorable mismatches, helping you to improve free cash flow.
• The Open Credit Memo App lists open credit memos prioritized by realizable value, highlights those at risk of being written off, and supports you with clearing them by showing related open invoices.
• The Blocked Invoices App prioritizes your invoices to maximize realizable cash discounts and ensure on-time payment, and supports you to resolve blocks by highlighting the reasons for them. (The initial version of the object-centric app doesn’t support parked invoices.)

As for the Accounts Payable Starter Kit, to use the object-centric versions of the apps, you’ll need a Celonis EMS subscription that includes object-centric process mining, and you’ll need to load the object-centric data model with your data and validate the Accounts Payable perspective. Talk to your Celonis Account Executive to find out more.