A/P Workflow

We'll be your virtual accounting department and take over paying the bills for your business! With our AP/Bill Pay management, we'll help enforce controls around your business spending and help you stay within your budget.

If you have a process in place, we'll champion it, maybe even fine tune it for you. If you don't have a process in place, we'll still champion the process for you! You never have to worry about paying your business bills, subcontractors or vendors again*.

Receipt management resources will be provided to enable you to store your receipts, bills, etc electronically all in one place to support your accounting. This will help streamline your accounting and make things easier for all parties involved in this workflow.

Service Scope of Work:

• Record supplier invoices, monitor due dates and prepare for timely payments.
• Make payments to your vendors via bill pay through your bank, Melio, or a 3rd party bill paying platform of your choice.
• Organize and maintain digital copies of financial documents, such as invoices, receipts, bills and bank statements.
• Manage the safekeeping of the financial document and ensure they are attached to the appropriate transaction as well as categorized to the appropriate project, if applicable.
• Ensure compliance with record-keeping requirements and document retention policies.

Deliverable:

Weekly payable reports

Organized digital copies of financial documents, attached to appropriate transactions in your accounting software.