H2 Disbursement System is our automated purchase-to-pay solution built for SMEs.
This product is a web-enabled, multi-user, multi-workstation application that offers a number of benefits from capturing data accurately, controlled workflow automation, transparency of Journals, cash forecasting, check voucher preparation and printing, and more importantly, faster payment processing to your suppliers.
Its intuitive design and flow make it easy to manage invoices until payment to suppliers. The maker-checker process, along with its detailed audit trail and system security, provides an integrated control across all processes.
H2 DS covers your complete AP process through our integrated system functions and automated workflows as described below.
H2 DS is one of H2’s Business software solutions for Small-to-Medium-Sized Enterprises. The software is a web-based application that supports the check voucher preparation, check printing, and statutory reporting requirements for business of this size.
The following are the key functions and features:
Multiple user and multiple workstation setup
Multiple check accounts
Accounts Payable / Invoice Management
Check Voucher Preparation
Flexible Check Formatting and Check Printing
Checkbook Record Keeping
Reporting: BIR 1601E, BIR 2307, Monthly Alpha List of Payees, Purchase and Disbursement Journals