This is the option for a business that has outgrown doing payables in the gaps between other jobs, but cannot justify a full-time accounts payable employee.
You get a named team, documented procedures, segregation of duties and a monthly pack covering volumes, exceptions, ageing and what changed. You keep approval authority and the banking relationship.
What you get
- A trained team at a fraction of a full-time hire
- Documented, auditable controls and segregation of duties
- Holiday and sickness cover built in
- Capacity that scales at month-end without a temporary contract
- One point of contact who knows your suppliers and your rules