Working with suppliers or contractors? Accounts payable software can help you track who needs to be paid and when.
Regardless of the kind of business you run, it’s almost certain you work with suppliers, contractors, or employees who need to be paid.
You don’t want to waste time struggling to use an unintuitive solution and then get phone calls from your suppliers or employees stating they’ve been paid the incorrect amount, or not at all. Instead, you must know who needs to be paid and when, and then have confidence in your chosen accounts payable solution.
Being able to share, store, and collaborate on documents online is essential to many small businesses.
An accounting solution like Sage Business Cloud can automatically back up client invoices to Google Drive, giving you peace of mind and helping you expedite accounts payable.
Keep in mind that paying suppliers on time will strengthen your relationship with them and help you renegotiate how often you need to pay down the road.