AP & AR Management Services

We facilitate Accounts Payables & Accounts Receivables management which involves a series of specific activities to ensure the accuracy of financial records, track outstanding balances, and maintain healthy financial relationships with vendors and customers.

• Match vendor / customers invoices with purchase orders and goods receipts / dispatched to ensure that the quantities, prices, and items are correct.
• Reconcile Goods Received/Invoice Received (GR/IR) accounts to ensure that all goods and services have been accurately recorded and accounted for.
• Review vendor / customer statements against company's records to confirm that all invoices have been received / dispatched and processed.
• Match payments made to vendors with corresponding invoices to ensure proper allocation and accurate reporting.
• Monitor and follow up on overdue invoices, initiate collection efforts, and collaborate with customers to facilitate payment. Review and approve write-offs for uncollectible accounts, following company policies and accounting guidelines.