Accounts payable administration and management service

Accounts payable administration and management or payment planning is a back-office process of the finance function, which helps a company stay on top of payments to invoices, suppliers and so on.

Accounts payable in a company represents a debt that must be paid. When these accounts receivable become overdue, they can generate delinquencies, interest payments or even other types of problems for the business.

Contadores Dominicanos serves as a strategic ally for the purpose of managing the administration of accounts payable through expert professionals to perform an adequate management in these matters.

What is accounts payable administration and management?

Accounts payable management is the management of credit debts that the company contracts with its suppliers for raw materials, supplies, among others.

It consists of the planning and payment of outstanding invoices and the acceleration of overdue payments.

What does the accounts payable management service consist of?

Accounts payable management is the management of credit debts contracted by the company with its suppliers for raw materials, supplies, among others.

It consists of the planning and payment of outstanding invoices and the acceleration of overdue payments.

Advantages of contracting an accounts payable administration and management service

Better communication with suppliers.
The company will maintain good relations with suppliers.
Invoices will be in order and up to date.
The purchase register will be up to date.

Our services include:

Communication management with suppliers.
Invoice management and organization.
Accounts payable planning.
Accounts payable management.
Among others.