Accounts Receivable and Payable Made Simple
Fintrae helps you manage the invoicing of clients while ensuring you are on top of your bill payments as well.
- AR Benefits
- Timely Invoicing for Cash Collection
- Accurate Record Keeping
- Minimize Bad Debt Risk
- AP Benefits
- Streamline Payout Process & Approvals
- Maintain Positive Vendor Relationships
- Optimize Payments and Credit Terms
AR & AP Management FAQs
How does effective AR management benefit my business, and how do you use QBO to facilitate this?
Effective AR management ensures timely collection of payments from customers, improving your cash flow and reducing the risk of bad debts. We use QBO to streamline AR processes by automating invoicing, sending payment reminders, and tracking receivables in real-time. This helps maintain a healthy working capital, allowing your business to meet its financial obligations and invest in growth opportunities.
What strategies do you use to optimize AP management, and how does Bill.com play a role?
We optimize AP management by implementing efficient invoice processing, taking advantage of early payment discounts, and more. Bill.com enhances these strategies by automating bill approvals, payments, and tracking, ensuring timely and accurate processing. This helps manage cash outflows effectively, maintain good vendor relationships, and improve overall financial stability.
How do you ensure accuracy and efficiency in AR and AP processes using QBO and Bill.com?
We use QBO and Bill.com to automate AR and AP processes, reducing manual errors and increasing efficiency. QBO helps with real-time tracking of receivables, while Bill.com streamlines bill payments and approvals. Regular reconciliations, real-time tracking, and detailed reporting in both systems ensure accuracy and provide valuable insights into your financial operations.
Industries We Serve
Every business faces unique challenges so we have crafted our services to meet the specific needs of each industry. Here are a few we’ve come across.
Client's Testimonial
What Our Clients Say
Jamel F.
Teleioscn | Healthcare
Mr. McGlohon was great. He responded very quickly. I reached out for one QBO beginning balance issue, and not only did he help me solve this but noticed a different recon issue that I needed to focus on. He was very insightful. I scheduled a 30-minute consultation and he hung on for almost an hour to assist & answer my questions. He even called back once we had connectivity issues. Great customer service, very insightful and professional. I appreciate his help and would recommend him to others.
Titus H.
Hamilton Plumbing | Professional Services
Fintrae International has been very helpful for me as a first time small business owner. They helped clean up my books and are always willing to go the extra mile to help my business succeed.
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