Accounts payable services
Know what you owe
and pay on time
There are always bills to pay, and keeping up with how much you owe and when it’s owed is critical to managing cash flow and avoiding interest charges. We can help.Get started
Accounts payable services include:
Experienced AP professionals
Updated AP listings
Paperless invoice management
Controls for approving invoices
Process automation for invoice submission & entry
Employee expense reimbursements
Never worry about missed, late, or duplicate payments again
Technology has improved the payables process substantially – ditch the paper receipts, the overflowing filing cabinet, and the constant reminders for making payments throughout the month. Our team of specialists has it under control.
No more stacks of bills on your desk
It’s time to go paperless. To submit and approve invoices, simply take a photo or forward to an email address. Your invoices, and receipts, will be stored safely and securely in the cloud, so you don’t need to keep paper copies around.
Vendor negotiated terms & discounts
We’ll communicate with vendors so they know when they’ll be paid. Plus, we can work with your vendors to ensure you have the most favourable terms to manage your cash flow and take advantage of early payment discounts.
Leave the manual data entry behind
Once invoices are submitted, smart scanning technology will read and extract the data and post it to your books. We’ll take care of the rest and ensure your AP listings are up to date.
Automated approvals and payments
Payment approvals are automatically routed to the appropriate signing authority. Once approved, we’ll securely pay through your preferred payment method, including EFT/ACH transfers, and reconcile the payment.
5 Ways To Improve Your Accounts Payable Process
Having a robust accounts payable process can help you improve your turnover and cash flow forecasting, and ensure your business credit rating stays strong. Here are 5 easy ways to improve your accounts payable process!
It depends. A few factors impact pricing, such as volume of transactions and frequency in which you need your statements updated. Please reach out to get a custom quote.
We can be. This can go either way depending on the business and we’ll work with you during the scoping phase to define responsibilities.
Though you are responsible for coding expenses, our smart technology will predict and auto-code for future invoices from the same vendor. So before you know it, you’ll only be responsible for coding one-off invoices.
You are. You let us know who can approve – and to what dollar amount – and invoices will automatically be routed to the appropriate person for sign off.
We can help you with the process and communicate to vendors if delayed payments are anticipated.