Accounts Payable Management (Bill Pay)

• Maintaining updated vendors & 1099 records
• Handling communication with vendors regarding payment statuses and discrepancies.

• Receiving, verifying, and recording invoices from vendors.
• Purchase orders matching to ensure pricing, discounts and late fees.

• Categorizing expenses for accurate financial reporting.
• Identifying areas for potential cost savings.

• Regularly reconciling accounts payable ledger with bank statements to ensure accuracy.
• Alerting you to any discrepancies promptly.

• Ensuring adherence to tax regulations and company policies.
• Maintaining documentation for audits and financial reviews.

Automates routine tasks, freeing up resources for core business operations.

Reduces the risk of errors in invoice processing and payment records.

Helps businesses maintain better control over cash flow by managing due dates effectively.

Timely payments enhance trust and collaboration with suppliers.

Ensures all accounts payable processes meet legal and regulatory requirements.