Accounts Payable | Financial Management
Recurring Bills
Rent, power and retainers raised on schedule rather than remembered.
What it does
Inside Recurring Bills.
Fixed monthly costs are in the ledger on time, and the accrual for them is never missed.
01
Templates by vendor, amount and frequency, with an optional end date
02
Next due and last raised shown on every template
03
A run that raises everything currently due in one action
04
Templates held or ended without deleting the history they produced
Where it sits
Part of Accounts Payable.
Invoice Capture Invoices read, coded and validated on arrival, from any channel. Three-Way Matching Invoice, order and receipt reconciled automatically, with tolerances you set. Approval Workflows Authority limits and delegation enforced on the invoice itself. Payment Runs Proposals built from due dates, discounts and available cash. Vendor Reconciliation Vendor statements matched to your ledger, with the gap explained. Duplicate and Fraud Controls Checks that run inside the flow, not as a quarterly review. Goods Received Not Invoiced The liability between the loading bay and the post room, accrued and visible. Prepayments Money paid before the invoice, tracked until it is fully drawn down. Retention A percentage held back per contract, released when the defect period runs out. Vendor Rebates Volume rebates earned as you buy, claimed and tracked until the credit lands. Self-Billing Invoices you raise on the vendor behalf, from what was actually received. Vendor Credits and Debit Notes Credits owed back and claims raised, both applied against what you owe.
Run Recurring Bills against your books.
A working session on your structure and a month of your documents.