How to take the hassle out of your accounts payable

Hassle of Paperwork

If you’re running a business, it’s crucial that you pay your bills on time. That’s the best way to sleep easy at night, as well as to develop a good credit rating and a good reputation with your suppliers.

Did you know that you can use online accounts payable software to help you do it? It’s a feature of popular cloud-based accounting and bookkeeping software packages like Xero.

The benefits of online accounts payable

Online accounts payable software can help you to:

• view and plan for your upcoming bills via a visual dashboard.

• approve and pay invoices while you’re on the go.

• reduce payment errors.

• schedule your payments to avoid late fees (or to take advantage of early payment discounts).

• replicate regular payments.

• schedule your purchase orders to align with your cash flow.

• batch pay your suppliers by paying multiple bills via a single transaction.

• on-charge relevant customer expenses so you get your money back as quickly as possible.

• receive and store all your bills in one convenient location

• reduce your admin time.

• get an up-to-date snapshot of how your business is spending money.

• access your accounts payable information anywhere, anytime, as long as you have an internet connection.

Relax, you're using Cloud accounting software

Other popular feature of cloud-based accounting and bookkeeping software

It’s not only your accounts payable that you can streamline with online software like Xero. Other popular features include seamless invoicing for your customers, as well as painless preparation of Business Activity Statements (BAS) for the Australian Taxation Office.

We are here to help!

How we can help

At Scorpion Bookkeeping, we’re a Xero-certified advisor. We specialise in helping innovative business owners to take advantage of all the benefits of cloud-based technology. We can help you to get set up in the cloud and we can also provide you with any bookkeeping support services that you need. We currently have business clients in South Australia, Victoria and New South Wales.

Contact us today to find out how we can help your business!