Healthy Cash Flow Is A Must For Any Successfull Business............. |
Payment Control |
Different Suppliers have different payment terms. Credit period offered differs for different suppliers. At the same time some suppliers offer early payment discount. Managing a large number of suppliers with different payment terms and discounts can be a daunting task, let alone taking advantage of the payment terms. Depending on your position (cash rich or cash deficient), we can work towards getting the best deal available for you.
We can assist you to; 1. Taking full advantage of the Credit Period In case a supplier offers credit period and there are no early payment discounts offered, we will advise you of the last possible date on which to pay the invoice, to take full advantage of the free credit period. If payments are made on a weekly basis, we will advise you in which payment run various invoices are to be paid, with all relevant details. 2. Early Payment Discount Where early payment discounts are offered by suppliers, and the cash flow position of your organisation permits early payments or based on your cost of borrowing we can advise you which early payment discounts should be availed of and by when the payment be made for them. We will monitor the sales ledger and whatever payments are made, the ledger will be accordingly updated. In whatever format you receive this information by Email, Fax, Post or Paper we can capture and add the relevant information to your Financial software for up to date Control and Maintenance or give you processed data or reports in whatever format you need on a regular basis, including daily basis if needed. |
Software |
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We can work on the following packages for you: - Sage We also use our own in-house software with MS SQL database for customised needs. If you feel that your needs are not covered by the software packages listed above, please let us know, we will advise you of the possible solutions available.
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For Working Procedure.......... Click Here |
