So, AP kicking your tail? Hard to keep up with the bills, the due dates, the changes in pricing?
Here are my favorite accounts payable tips to make this part of your business easier:
Most vendors offer an option to email your invoices – so take them up on it. It’s a faster and easier way to keep track of your vendor invoices.
Many vendors – especially for recurring charges – will automatically bill you every month. And even if they don’t offer that service, you can still easily set up recurring payments in your bank’s bill pay feature.
️ AUTOMATE INVOICE ENTRY
And, if you’re ready for an automation upgrade (and time saver), invest in something like “Bill.com”. It’ll automatically scan your invoice and fill in everything you need, from the due date of the invoice to the date of payment.
And I promise you – even though these are simple solutions, they have big benefits!
On-time payments lead to happier vendors (and more flexibility when you need an extension, or to renegotiate)