can someone help to summarize this paragraph with your words the process of accounts payable

thank you

The purchase order (PO), receiving report (or goods receipt), and vendor invoice are the three most important papers in the accounts payable cycle. A buy is started when the organization's purchasing department sends a PO to a vendor that includes the required product, quantity, and price. When the items are delivered to the company, a receiving report is completed to document the cargo, including any defects or quantity inconsistencies. The vendor invoice is a request for payment for the goods or services given by the vendor. The invoice management process begins when the AP department receives vendor invoices. Mistakes can be reduced by creating a guide on AP processes, procedures, and best practices. These mistakes may be avoided by implementing AP automation software. The following is an example of a workflow procedure that should be described in detail in a thorough guide. First, receive vendor invoices and check for consistency against the purchase order, goods receipt, and invoice in a three-way match. Second, to authorize the invoice for payment, AP must verify receipt of the goods or services. If an error occurs during invoice processing, such as an incorrect amount or price, the accounts payable department forwards the invoice to the buyer, who would investigate the problem. Finally, checks and payments are given immediately once the invoice has been vouchered by the AP department and all deviations have been handled and remedied. The invoice is recognized as paid in the finance system after payment is received. Vouchers are used during the approval process to verify the typical three-way match because not all vendor invoices include purchase order numbers Monthly payments, such as leasing agreements and contracts, may require further verification to guarantee that all payments made are genuine and precise. Machine learning for the data capture processes allows automation systems to learn from common parts of the process and give useful recommendations for how to handle these elements automatically in the future.