An accounts payable audit is a process that tries to uncover any errors that happen within your accounts payable department. These can happen for a variety of reasons, but the nature of them is that they typically go unnoticed. The larger your company and the higher the number of supplier invoices you receive, the worse…
Category: Finance
BACS software takes the hassle out of payday
If you’re a member of a large business then you are probably already paid by bacs. In fact, most or all of the accounts will be operated this way, since BACS payments are fast, secure and simple. The acronym stands for Bankers Automated Clearing System, and essentially means electronic payments. When you log in to…
Duplicate payments are costly but can be eliminated
Accounts payable audit software is an essential instrument in cutting down waste and inefficiency, which is probably the most relevant and important measure for recession-hit businesses available at the moment. With more transactions being made than ever before, and the majority of them electronically through banks and organisations such as BACS, the potential for duplicate…
Payroll services can help sole traders to help them to stay self employed and stay within HMRC regulations
If you are a sub contractor, working under a contractor umbrella, you should think about making use of payroll services, because they can enable you to keep your status as a self employed trader, while helping you to ensure that you keep compliant to HM Revenue & Customs cis payroll rules and regulations. As a…
Bacs payments solutions help your company stay in control
Bottomline Technologies is the payments industry market leader in providing collaborative payment, invoice and document automation solutions to businesses worldwide. All companies have to keep strict control of their outgoings, particularly as the world is just recuperating from the worst financial crisis in decades. One way to ensure you stay in control is to use…