HOW IT WORKS » - Accounts Payable

Accounts Payable 

Handling Bill payments is seldom enjoyable. SecureCFO streamlines the bill payment process, ensuring that you remain in control of determining the payees and the payment dates. 

Optimize Your Bill Payment Process with our Accounts Payable Services 

Utilizing our accounts payable outsourcing solutions, you have the flexibility to directly forward your bills to us, or alternatively, you can scan, upload, or FedEx them to our team. Your committed service group will input these into a payment portal that integrates seamlessly with QuickBooks®. This allows you to conveniently review and authorize bills via your computer, iPad, or mobile device. 

Precise bill coding leads to more accurate representation in financial statements 

We leverage technology to optimize your back office accounts payable workflow. By scanning the bills and associating the scanned images with your transactions, we ensure that you have the necessary documentation for auditors, tax accountants, or anyone else who requires access to the bills. Additionally, we’ll handle responses to vendor inquiries and manage the processing of employee expenses. 

Linking scanned images to each transaction aids in minimizing your vulnerability to fraud 

You consistently maintain control with numerous layers of approval. This ensures a reduced likelihood of, for instance, an office manager settling her utility bill with your check, especially when an invoice is attached. Additionally, the need to attach a supporting bill makes it more challenging for her to issue a check to herself and subsequently alter the payee to Verizon. 

Additional Advantages of SecureCFO Accounts Payable Services 

• Say goodbye to purchasing postage stamps. 
• Eliminate the need for writing or signing checks. 
• Avoid receiving calls from vendors inquiring about payments – we will handle those calls and escalate to you when necessary.