What is authorized drawer in SAP AP - Application Platform?

SAP Term: authorized drawer

• Component: AP

• Component Name: Application Platform

• Description: A party which has authorization to withdraw money for the bank account.

Smart SAP Assistant

• Key Concepts: 
  An authorized drawer is a user in the Accounts Payable (AP) Application Platform of SAP who is authorized to approve payments. This user is responsible for ensuring that all payments are accurate and valid before they are released. The authorized drawer is also responsible for maintaining the accuracy of the payment records in the system. 
  
  How to use it: 
  The authorized drawer must first be set up in the system by an administrator. Once set up, the authorized drawer can log into the system and review all pending payments. The authorized drawer can then approve or reject each payment based on their review. 
  
  Tips & Tricks: 
  It is important to ensure that the authorized drawer is familiar with the payment process and understands how to properly review and approve payments. Additionally, it is important to ensure that the authorized drawer has access to all necessary information in order to make informed decisions about each payment. 
  
  Related Information: 
  The Accounts Payable (AP) Application Platform of SAP also includes other features such as invoice processing, vendor management, and payment tracking. Additionally, SAP offers a variety of other applications that can be used in conjunction with the AP Application Platform to further streamline processes and improve efficiency.