With the Accounts Payable service from Foster Results your vendors get paid on time, every time…and you’ll never see late fees again! We will process all of your Accounts Payable, cut checks, and pay all your bills on your behalf.
How Accounts Payable Works
It’s simple! Get your bills to us, and we’ll take care of the rest.
- Some of our clients fax their bills to us, some scan and email them, and some still send big white envelopes to our office. Some bills are even mailed directly to our PO box. The choice is yours.
- Once we receive your bills, your Staff Accountant will contact you to discuss how you want those bills to be paid, what process to follow:
- Like most clients, you may want your bills to be paid on time, but not late.
- You may want your bills paid immediately when they come in, on the next payment run.
- You may even want to push the terms out for 15 days, if it’s not a utility or rent, to buy yourself some more cash flow.
- We determine exactly how you want your bills handled, and will process all your bills in that manner. We will also advise you on what’s in your best interest.
- We watch the bills for pattern changes or mistakes. If a bill is higher than the standard monthly charge, we investigate to determine the reason or find the mistake, including contacting the vendor on their behalf.
"Their involvement has made it possible for us to outsource the accounting function, vs. hiring in house personnel to work in this role."
John S. Johnson Ph.D., Senior Partner
Precedent Academics
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At your option, we can even pay your bills using online bill payment through your bank, which means that we simply log in to your bank’s online system to authorize a payment to the vendor.
- If you want more control of your payment process we will set up all your bills for payment and inform you when they are ready for your authorization.
- You would then print your own checks, sign them and mail them out.
When it comes to your money, it’s all about building a level of trust. We want you to feel secure with your financial decisions. We do what it takes to save you time, reduce your stress, and help make your life easier.
Questions? Call us today at 877-399-8920, or submit this form for more information!
