purchase to pay
We can outsource all parts of the purchase to pay cycle including: purchase order management, vendor management, accounts payable, payment authorisation, cash payments, cost accounting and bank reconciliation.
Typical benefits include:
- real time invoice visibility from receipt to payment
- suggested payments listings and detailed Aged Creditors reports
- guaranteed payment approval level policies are in place and followed
- BACS payments ensure timely payment, without discrepancies which result in late payment penalties
- improved and measurable productivity
- improved financial compliance and Sarbanes-Oxley controls
- reduced processing management and oversight