System and method for managing accounts payable and accounts receivable

摘要

A system and method for managing accounts payable that allocates at least a portion of an invoiced dollar amount to a virtual account associated with a vendor, allows the vendor to request that a dispersal dollar amount be transferred from the virtual account to a real account associated with the vendor, and initiates an electronic transfer of the dispersal dollar amount from a real account to the real account associated with the vendor.