ACCOUNTS PAYABLE

Payments to the suppliers, in the time required are key deliverables to apply discounts, avoid penalties, services disruption and keep a good payment record.

At Uthos you have professionals performing the following integrated solutions:

• Process Improvements: Identify areas of opportunity for process improvements and propose new solutions.
• Receipts Process Check: review that all the receipts and attached information of payments, are well documented according to company policy and confirmation of payment amounts.
• Payment Process: segregate invoices using the following criteria: apply prompt payment discounts; apply exact invoice payment terms or urgent payment. Uthos personnel will prepare all wire transfer information of the payment and submit for customer approval.
• Accounting: perform the accounting process for Accounts Payable.
• Customer Service: verify that all suppliers are satisfied with the service, review bank confirmation of every payment, maintain supplier’s data base updated, and perform trouble shooting and bank account reconciliation.