Credit Control/Supplier Payments

We will post sales invoices and we will then allocate receipts against these invoices, so that you can get Customer wise outstanding amount at a given period. We will post purchase invoices and we will then allocate payments made by you against those invoices, so that you can get Supplier wise outstanding amount at a given period. We will maintain your cash book to book receipts and expenses correctly.

Our Credit Control and Supplier Payments services include:

Creating procedures and policies that ensure timely payments while maintaining a high level of customer retention
Reconciling complex accounts that have been escalated from the AR team
Monitoring debtor balances to ensure a reduction in debtors days receivables
Ensuring timely payments of debts
Managing sales ledger
Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc..
Reconciling processed work by verifying entries and comparing system reports to balances
Maintaining historical records
Paying suppliers by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all suppliers’ enquiries regarding finance
Preparing analysis of accounts and producing monthly reports