Accounts Payable Process
All companies need an effective bill-paying system. What are the best ways to build and manage an efficient accounts payable process?
All companies need an effective bill-paying system. What are the best ways to build and manage an efficient accounts payable process?
Maintaining accurate records, keeping track of your company’s finances, bookkeeping, taxes, accounts receivable, accounts payable, and financial reporting takes a lot of time. This may be the right time to get help with these important tasks.
Whether your business brings in $50,000 a year or $50 million, it needs an effective bill-paying system. Here are useful tips on building and managing an efficient accounts payable process.
Your business cannot operate without enough cash to cover at least 60-90 days of expenses. Do you monitor your cash flow at least on a weekly basis?