Abstract: A method for managing accounts payable for a business using a server system is provided. The server system is coupled to a centralized database and at least one client system. The method includes receiving at the server system accounts payable (AP) information for the business from the client system wherein AP information includes at least one of invoices and purchase orders relating to the business, storing the AP information received at the server system in the centralized database, authorizing a user to access the AP information based on a profile of the user, updating the centralized database periodically with newly received AP information to maintain the AP information, processing the AP information stored in the centralized database, and utilizing a payment accelerator module to facilitate expedited payment of invoices satisfying a payment accelerator criteria.