Monetrex can provide many of the routine, or oftentimes overlooked, functions of an accounts payable department, such as:
Review for accuracy all payable transactions
Record/accrue all payables
Generate payable aging reports
Track specific job costs
Monitor payable discounts
Electronically pay client-approved payables
Monitor and electronically pay payroll taxes
Reconcile bank accounts
Provide access to reports through our protected web site on a 24/7 basis
Many businesses lose money from poor payables administration. Monetrex believes that the costs
for the above services can be absorbed by the savings generated, once a regular program is
implemented.
These services can be furnished on a contract basis, absent a Monetrex financing program.