BTQ manages all of a client’s accounts payable and cash disbursement processing. In particular, BTQ will:
- Establish procedures for the receipt and approval of invoices
- Provide aged invoice reports with recommendations for payment by management
- Prepare checks and/or wire transfers with appropriate backup documentation
- Ensure that payments are delivered in a timely manner to vendors
- Establish a payment schedule for invoices that maximizes the benefits
- Track all expenditures according to budget, funding source and cash flow projections, and notify management of any material variances to budget and cash projections