Purchase Ledger & Payments | Ratiobox

Purchase Ledger & Payments

A perfectly managed purchase ledger function and the ability to ensure that payment runs meet suppliers terms are essential for a business to maintain a good relationship with a supply chain and for VAT effectiveness.

  • Our Team gives Expert Advice
    Our specialist team of advisors can manage your purchase ledger ensuring that your cash flow is kept at optimum levels.
  • On-going Guidance and Support
    Whilst you are investing in our services. Ratiobox will always give full support and guide you through what processes are best for your business.
  • A Comprehensive, Cost-Effective Service
    By utilising the latest technologies and taking responsibility for your purchase ledger and payments. Our complete service can reduce your cost base significantly and relieve your business of the administrative headache.

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Purchase Ledger & Payment Services

Ratiobox can relieve you of the burden attached to purchase ledger and payments from your business, so you can prioritise other needs you may have and also save money on employment cost.

Firstly, effective invoice management makes a noticeable difference to your business’ cost recognition. Our Ratiobox Purchase Ledger team can create the perfect strategy for your company. Whether this is an online system, uniquely created for an individual or a cost effective alternative to employment. We can coherently complete your purchases and payments processes.

By using Ratiobox’s purchase ledger and payments service, you can completely rely on us and be assured that all your payments will be completed on time.

Furthermore it doesn’t matter what systems and methods you normally use to make payments. Our skilled team has experience in all banking systems so they will be able to adapt to your business needs. Ad-hoc or recurring payment runs and remittance production are just a couple of processes we are extremely familiar with, and we can also advise which procedure is best for you.

In conclusion by utilising the wider accountancy and accounts services experience within Ratiobox, we can guarantee that we will organise your purchase ledger and payment information simply, thoroughlyand at a cost benefit. Whatever requirements your business has, we will always operate using the systems and processes you require and will also be happy to offer advice around generating further efficiencies in this area.

Services include:

  • Invoice processing and management
  • Invoice approval processes
  • Payment run calculation
  • Payment processing
  • Remittance production
  • Forensic analysis