The department can provide treasury with essential inputs into the entire worth of excellent invoices. And it may possibly interact with suppliers to clean any points when fee dates are missed or phrases prolonged. Yet we frequently hear that accounts payable groups feel they have little input into the working capital optimization technique. Instead, their function is simply to behave on the directions handed all the way down to them—and cope with the mess created when sellers aren’t paid on time. Its work has a direct influence on the balance sheet and the company’s total working capital strategy.