Accounts payable & receivable

Accounts payable

We take responsibility for your entire accounts payable process from receiving invoices, through to data entry and query resolution, to preparing payment runs and on-going process improvement.

Maintaining your supplier payments in an orderly manner, while controlling your everyday cash flow to your advantage is a challenge for any business.  Add slow paying customers to the picture, and your valuable vendor supply line can seriously be damaged interfering with your ability to meet supply schedules and maintain strong business relations with your customers.

Our accounts payable service can assist you to ensure your vendor relations remain strong, while your company cash flow is optimised to its maximum.

Our service will maintain your payment scheduling, aging your payables to meet the most advantageous payment terms, provide you with weekly payment schedules, project cash flow requirements and optimise your on-hand cash during the process.  We can arrange for your vendors to submit invoicing directly to us, and you have the option of electronic payment if you choose.  We guarantee all payments to reach vendors by applicable due dates, and we will be responsible for any finance charges incurred from vendors in which we process and mail or transfer payment.

Accounts receivable

Getting money that you're owed is crucial to your long term success and survival.  Yet many business owners pay little attention to managing their receivables.  This leads to late payments and delinquent accounts, which seriously affects cash flow and solvency.  Many payment delays can be avoided and the importance of prompt collection can't be under-estimated.

The longer you leave delinquent accounts, the more probable it becomes that you will be unable to collect on them.

You can restrict our help to simply preparing your invoices ready for mailing, or why not completely outsource it all to us and we will produce regular statements, chase your debtors, and provide you with timely and accurate reports.

Gain peace of mind by:

• Improving your cash flow as overdue accounts can be followed up immediately;
• Reducing the cost of employing a full time book-keeper;
• Having up to date knowledge of who owes you and for how long;
• Knowing that important tasks are being handled professionally;
• Doing what you do best and enjoy most;
• Improving your business' image, leading to prompt payment.

Combining both our account payables and receivables services with our payroll service, will assist in improved cash flow resources.  The ability to collect will improve your ability to allocate resources accordingly.  Forecasting of cash inflows and outflows can maximise your overall company cash flow and ensure that your funds are fully optimised.