Account Payable Management
A whole package where we take care of all things AP. We use our network and experience to negotiate terms and favourable outcomes with suppliers.
Some tasks may include:
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Processing creditor invoices & adjustments, credit notes weekly in financial system (such as Dynamics NAV; Xero; Redcat; MYOB etc.) with extremely high level of accuracy
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Dealing with high-volume internal/external transactions, including internal cost transfers, internal stock transfers, monthly bill charges
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Set up all suppliers, processing Credit Application forms and managing creditors within preferred payment terms
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Reconciling all creditor statements monthly to ensure all transactions are accurate and all variances are highlighted and validated
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Process Creditor payments (EFT, BPAY, TT) on a weekly basis
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Regularly processing Petty Cash Cheque payments
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Attending daily queries from internal and external stakeholders through phone calls and emails
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Set up priority payment term for special suppliers (such as supplier provide extra discounts) and tracing cost discrepancies
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Aged Creditor Summary Management
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Complete weekly bank reconciliations
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Complete company credit cards reconciliations