Accounts Payable Services
Fully-managed bill payment services for your business.
Properly managed accounts payable is critical for all businesses. Accounts payable is not just about paying your bills. It includes ensuring you pay the right amount at the right time for the right vendors. Although most businesses focus on their customer relationships, all businesses rely on vendors to succeed. Making sure your vendors are happy will help your business scale.
That’s where we come in. We’ll make sure your bills are entered timely, accurately, and paid timely. As questions arise, we’ll work with your vendors to make sure we’re on the same page. Utilizing BILL’s Accounts Payable platform, you’ll have access to all vendor activity, play a part of the approval process, and control what’s teed up for payment and when.
Accounts Payable & Bill Payment Services Include
Comprehensive AP Management
Invoice Processing: Efficiently handle the receipt, verification, and recording of invoices. Our team ensures that all invoices are accurately recorded in your accounting system.
Bill Payment: Schedule and execute timely payments to suppliers and vendors, helping you maintain good relationships and avoid late fees.
Reconciliation: Regularly reconcile your accounts to ensure that all transactions are accounted for and discrepancies are promptly addressed.
W-9 / 1099 Processing: We help collect W-9 or W-8s in close to real-time to ensure accurate and timely 1099 processing each year.
Benefits
Time Savings: Free up your time to focus on core business activities while we handle your AP processes.
Improved Accuracy: Reduce the risk of errors with our meticulous invoice and payment processing.
Enhanced Cash Flow Management: Optimize your cash flow by effectively managing the timing of your payments and leveraging early payment discounts when available.
Enhanced Internal Controls: Advanced systems that allow for multiple approval steps help mitigate against fraudulent payments.
Our Process
Invoice Receipt and Verification: We receive and verify all invoices daily, ensuring they match purchase orders and delivery receipts.
Recording: Invoices are accurately recorded in your accounting system, with appropriate entries made to reflect your financial position.
Payment Scheduling: Payments are scheduled based on due dates and cash flow considerations, ensuring timely payments without straining your finances.
Reconciliation: Regular reconciliation of your accounts payable ensures that all payments are accounted for and any discrepancies are resolved quickly.
Why Choose Basis 365?
Expertise: Our team has extensive experience in managing accounts payable for businesses of all sizes.
Technology-Driven: We utilize advanced accounting software to automate and streamline the AP process, reducing manual errors and increasing efficiency.
Customized Solutions: We tailor our services to meet the unique needs of your business, providing flexible solutions that grow with you.
Get Started Today
Partner with Basis 365 for your accounts payable and bill payment needs and experience the benefits of a well-managed AP process. Contact us today to learn more about how we can help you streamline your financial operations and improve your cash flow management.
About Basis 365 Accounting
At Basis 365, we offer competitive, fixed-price packages designed to meet the needs of growing businesses. Our transparent pricing ensures that you receive the best value without any hidden costs. We understand the intricacies of daily accounting tasks and provide comprehensive services that cover everything from basic bookkeeping to high-level financial analysis.
Our fixed-price packages are tailored to your business needs, offering scalability and flexibility as your business grows. We believe in building long-term partnerships with our customers, providing the expertise and support needed to navigate financial complexities and achieve sustainable growth.
We understand all business owners are busy and don’t have a lot of time to make a decision like this. After a free consultation with our accounting department services expert, we work hard to get a proposal in your hands quickly so you can make an informed decision before the next unexpected emergency pops up.
Our onboarding process is designed to make the transition as smooth as possible.
Here’s What Our Customers Are Saying
Helping People Build Strong Businesses® is what we do. At Basis 365, we believe that our customers' satisfaction is the true measure of our success. We take pride in delivering exceptional service that exceed expectations. But don’t just take our word for it—hear directly from the people who matter most: our valued customers. Read through their stories and experiences to see why Basis 365 Accounting is the trusted choice for their fractional accounting department service needs.