Vendor Settlement completes the financial obligation to the supplier by issuing payments in accordance with invoice terms and settlement schedules. It includes payment processing, remittance communication, dispute resolution, and reconciliation. This stage strengthens supplier trust, optimizes cash utilization, and completes the P2P financial cycle. Key Outcomes: • Timely and accurate vendor payments • Improved supplier relationships and reduced disputes • Better cash management and payment term optimization • Increased transparency in financial settlements