Understand how top finance teams operationalize internal controls not just to check a box, but to enforce accountability, reduce fraud exposure, and drive real business outcomes. This checklist gives you a structured, visual way to review, implement, and track AP control health across the board.
Your AP controls may seem solid, but hidden risks still slip through. Learn how to automate key controls and close the gaps before they become costly.
Ready-to-use scorecard that highlights both key and overlooked features, enabling you to effectively compare AP solutions and select the optimal fit for your business.
Spot hidden AP inefficiencies, choose tools with 90 %+ automation, and cut processing costs by up to 50%.
This checklist is built for CFOs, controllers, shared services leaders, and AP managers who want more than a surface-level review. It gives you a structured way to evaluate, document, and strengthen internal controls across every critical point in your AP process-from segregation of duties and invoice approvals to fraud prevention and payment authorization.
You’ll walk through 40+ control checks across 11 categories, each with clear rationales to guide your assessments. Use it to validate what’s working, flag what’s missing, and assign ownership across your team. Whether you’re prepping for an audit, onboarding new personnel, or updating internal policy, this checklist brings clarity and accountability to your control environment.
It also shows you exactly where manual interventions and exceptions are creating risk, and where Agentic AI can step in to close the gap with touchless approvals, KPI alerts, and real-time dashboards.
Most importantly, this isn’t a one-and-done tool. With a built-in Executive Dashboard to track completion rates, pending actions, and at-risk areas, it becomes a live control system that evolves with your team and business needs.
This checklist gives you a practical, systemized approach to identifying and closing control gaps, so you can protect your AP process, reduce risk, and build confidence in your numbers.
Assess 40+ checkpoints across payments, approvals, data, and fraud prevention.
Ensure your process meets policy and audit requirements, without adding bottlenecks.
Assign, track, and update controls with built-in comments and audit logs.
Find automation-ready use cases like touchless approvals and exception handling.
With HighRadius' Agentic AI-powered AP automation platform, invoice processing costs can be cut by 50%, productivity boosted by 40%, and compliance ensured.
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HighRadius Accounts Payable Automation is a cloud-native solution built for modern finance teams that need speed, accuracy, and control at scale. Powered by Agentic AI, the platform automates the complete invoice-to-pay process. It captures invoices directly from emails, applies GL codes, resolves exceptions, and posts transactions into your ERP with minimal manual effort.
With up to 90% touchless processing, 95% data capture accuracy, and 100% policy adherence, AP teams can reduce processing time by half while improving compliance and visibility. Intelligent agents manage 3-way matching, non-PO coding, invoice approvals, and supplier queries, helping eliminate bottlenecks and rework. Real-time dashboards and predictive alerts track KPIs such as exception rates, discount capture, and processing costs, enabling faster, data-driven decision-making.
Integration with all major ERPs ensures smooth data flow and scalability across systems. Whether you’re managing global compliance or high invoice volumes, HighRadius helps transform AP from a manual function into a strategic, intelligent operation.
HighRadius reduces AP costs by 2X and unlocks up to 50% more productivity, while giving you 100% policy adherence and KPI visibility. If you're ready to cut costs and gain working capital fast, we’re ready to show you how.
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