Sollertia : Innovative Outsourced Accountancy
Your reasons to Outsource your Account Functions
Accounts Payable Management

Accounts Payable Management

Outsourcing your Accounts Payable Department is easier than you think with our unique online Purchase Ledger Management system.

Our experienced Purchase Ledger Management team can offer your business a very cost-effective and professional Outsourced Accounts Payable function which can be tailored to meet the specific requirements and needs of your business.

As an example; if you outsourced your accounts payable department to Sollertia some of the responsibilities we would undertake are:

   Processing all purchase invoices and credits.

   Prepare and process all payments and electronic remittance advices to suppliers both domestic and foreign.

   Process of Expenses and Petty Cash submissions, submitted either electronically or over Sollertia‚Äôs online portal.

   Professionally receive and manage all communication from suppliers on all accounting matters.

   Ensure the accuracy of the Purchase ledger, through statement and month end ledger reconciliation.

   Produce and review month end Aged Creditor report.

   Checking the accuracy of the ledger and any resolving debit balances that may arise.

   Statement reconciliation's to be performed where statements are available.

   Manage your credit lines with your suppliers.

We would work in partnership with you and you would remain in control at all times, for example you could still continue the following activities and responsibilities:

   Approval of all proposed payments runs by Sollertia. (The payment run value can be pre-approved).

   Submit Invoices and Credit Notes on a weekly cycle.

  Expenses to be submitted using electronic forms provided in accordance with agreed timetable. This could either be performed by the individuals concerned or by a nominated administrator within your business.

Contact us today to see how our outsourced accounts payable service can work for your business and save you up to 50% on your accountancy costs!