Risk Control Of Accounts Payable Management Based On SAP System In Company R

With the development of market economy and the progress of the society, The enterprises become good in the system and management area. But the drive of economic interests and the less of the social credit system makes enterprises facing the big danger of internal fraud in the source to and pay cycle. For the company, Source to Pay cycle is an important cycle of business enterprise management, It becomes very necessary about how to prevent fraud relating to it. Therefore, the identification and design of key risk control point in the payment process will become an important part of enterprise internal control system construction.At present, Company R implements SAP sub-module Accounts Payable of Financial Accounting to manage accounts payable, this sub-module is one of important components about Financial Accounting module in SAP ERP system, the main purpose of the implementation and application sub-module Accounts Payable is to optimize the business process of accounts payable reference with the experience of domestic and foreign companies according to company financial management requirements, we can realize the high-efficiency management of payment transactions, strengthen internal risk control about the payment process, prevent the risk in the Source to Pay cycle, reduce irregular operation internally, avoid the loss of company assets and reputation because of bad behaviour man-made.The thesis analyzes historical background and business environment of the company R, discusses how to meet the risk management objectives and what solution to take action based on accounts payable information. The paper research background of the subject is that during company R implements Account Payable in SAP ERP system, first we analyzes current situation of accounts payable, root causes of the issues, functional analysis of SAP Accounts Payable and company risk management, and then we designs the best practice solution and realizes it in SAP ERP system, including the business blueprint design, project schedule planning and implementation approach and procedure and so on, last but not least, we build an information platform of accounts payable management to follow the internal risk control requirements.According to the study, SAP ERP system is help to realize accounts payable controllable and convenient and effective risk control mainly in strengthening the vendor master data management, reducing duplication of accounting recording related to supplier’s invoice, shorten the payment overdue time to the suppliers and ensuring the accuracy of payment amount, to gain our vendor’s appreciation, to lay a good foundation for win-win. SAP sub module Account payable is highly integrated with some modules such as procurement part of materials management module, provides integration report data to the relevant decision-making departments such as purchase department accurately and timely. Through the implemenation of SAP ERP system, we can timely disclosure and share company’s information resources, put into practice for the company informatization to meet top management team’s objective, make the enterprise management become more reasonable and efficient, also make the management of account payable the maximum value and play the best performance for the information platform of enterprises.