---
description: Review of Masters India Accounts Payable Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice New Zealand.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png
title: Masters India Accounts Payable | Reviews, Pricing & Demos - SoftwareAdvice NZ
---

Breadcrumb: [Home](/) > [Accounts Payable Software](/directory/1851/accounts-payable/software) > [Masters India Accounts Payable](/software/345266/masters-india-accounts-payable)

# Masters India Accounts Payable

Canonical: https://www.softwareadvice.co.nz/software/345266/masters-india-accounts-payable

> Masters India Accounts Payable offers various benefits such as a flexible, easy to use \& adaptive cloud-based system, hassle-free integrations, dashboards and analytics, complete visibility into incoming invoices and where they are in the approval process, automated data capture and data entry from invoices and configurable invoice approval workflow.

With the vendor management portal, build not only better relationships with suppliers, but also take vendor management to a new level by smoothing the process between you and your supplier of all levels, removing or reducing the communication gaps, manual work and follow-ups.

Bring transparency throughout the vendor onboarding process. Reduce calls and mail trails to your payables department. Audit trail to keep suppliers informed when payments will be processed, at which stage is the invoice or why it was rejected. Suppliers can also view their complete payment history in the online portal, freeing your AP team from hours spent on issue resolution and invoice matching

Approval workflow allows approvers to view invoices that are pending for review or awaiting AP action such as approve or reject. Approve Invoice on the basis of 2-way and 3-way matching, Masters India provides you the flexibility to eliminate overspending.
 
Invoice matching with PO \& GRN/SRN via one click. View 2-way and 3-way matching results for a purchase order, GRN/SRN and invoice.

Match POs to invoices and receipts. With the discrepancy tracking module, find any discrepancy between 2-way and 3-way matching, notify suppliers about the difference and request for a credit note for the difference amount. View or adjust credit notes in 4-way matching and approve the invoice for payments.
Eliminate overspending and strengthen financial controls. Matching at headers and line levels.

PO \& GRN is fetched from ERP and visible to vendors on the portal at their end. PO Acknowledgment by vendors. Buyer and vendor will have an overall PO view for open, pending and closed POs. Vendors can take actions such as accept, reject or create invoices, exchange documents, create purchase order requisition, and design their own purchase order approval workflow.
 
Capture supplier invoices via email or a web portal. Vendors can create \& share PO \& Non-PO invoices. Eliminate data entry with OCR and advanced data extraction tools.

Seamless, real-time reconciliation and ERP integration. No more manual data entry for accounting teams. Integrate with SAP, Oracle, Microsoft Dynamics and other applications.

Dashboard and notifications will give an idea about the orders, their transitional summary, invoice aging, top suppliers and the products by volume. Document exchange in respect to PO \& vendor communication via chat/messages. Manage business units, suppliers and users, fetch/create GRN data from ERP for 3-way matching
invoice/credit note/debit note submission by vendors.

It also offers effortless invoice import. Submitting PO and non-PO invoices will be easy for your suppliers. suppliers can submit invoices through email or upload/import directly from the suppliers.
> 
> Verdict: Rated \*\*\*\* by 0 users. Top-rated for **Overall Quality**.

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## About the vendor

- **Company**: Masters India
- **Founded**: 1978

## Commercial Context

- **Pricing model**: Usage Based
- **Pricing Details**: Please contact Masters India directly for pricing information.
- **Target Audience**: 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Linux (Desktop), Chromebook (Desktop)
- **Supported Languages**: English
- **Available Countries**: India

## Features

- API
- Access Controls/Permissions
- Accounting
- Activity Dashboard
- Aging Tracking
- Alerts/Notifications
- Approval Process Control
- Audit Trail
- Billing & Invoicing
- Billing Portal
- Compliance Management
- Configurable Workflow
- Credit Note
- Customisable Invoices
- Data Capture and Transfer
- Data Extraction
- Data Import/Export
- Document Management
- Document Review
- Document Storage

## Support Options

- Email/Help Desk
- Knowledge Base
- Phone Support
- Chat

## Category

- [Accounts Payable Software](https://www.softwareadvice.co.nz/directory/1851/accounts-payable/software)

## Related Categories

- [Accounts Payable Software](https://www.softwareadvice.co.nz/directory/1851/accounts-payable/software)
- [Billing and Invoicing Software](https://www.softwareadvice.co.nz/directory/263/billing-invoicing-software/software)
- [Vendor Management Software](https://www.softwareadvice.co.nz/directory/3361/vendor-management-system/software)
- [OCR Software](https://www.softwareadvice.co.nz/directory/4291/ocr/software)
- [Procurement Software](https://www.softwareadvice.co.nz/directory/249/procurement-software/software)

## Alternatives

1. [Tipalti](https://www.softwareadvice.co.nz/software/356595/tipalti) — 4.6/5 (174 reviews)
2. [NetSuite](https://www.softwareadvice.co.nz/software/25483/netsuite-wholesale-distribution-edition) — 4.2/5 (2041 reviews)
3. [QuickBooks Enterprise](https://www.softwareadvice.co.nz/software/49801/qb-enterprise) — 4.5/5 (20639 reviews)
4. [Odoo](https://www.softwareadvice.co.nz/software/77019/odoo-pos) — 4.2/5 (1306 reviews)
5. [Xero](https://www.softwareadvice.co.nz/software/2976/xero) — 4.4/5 (3292 reviews)

## Links

- [View on SoftwareAdvice](https://www.softwareadvice.co.nz/software/345266/masters-india-accounts-payable)

## This page is available in the following languages

| Locale | URL |
| en | <https://www.softwareadvice.com/scm/masters-india-accounts-payable-profile/> |
| en-AU | <https://www.softwareadvice.com.au/software/345266/masters-india-accounts-payable> |
| en-GB | <https://www.softwareadvice.co.uk/software/345266/masters-india-accounts-payable> |
| en-IE | <https://www.softwareadvice.ie/software/345266/masters-india-accounts-payable> |
| en-NZ | <https://www.softwareadvice.co.nz/software/345266/masters-india-accounts-payable> |

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