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 Can you mention any business that doesn’t need to manage accounts? The answer is no. From small startups to large established corporations, everyone deals with business accounts. Managing the business accounts is not an elementary process. Concentration, consistency, and correctness are the 3 C’s needed to handle the accounts.  
  
 Only by maintaining the accounts payable and accounts receivable can the business accounts be managed properly. A crucial strategy in maintaining the business accounts is reconciling accounts payable. But this accounts payable reconciliation process has become one of the neglected processes by the business owners because they may not know its importance or be unfamiliar with this reconciliation process.