PAYABLES

Roles and Responsibilities.

2 important business matters: cash flow and supplier relationships.

Process invoices for payment

to pay invoices on a predetermined schedule of the company's choosing

(scheduling

minimizing late-payment costs

supplier relations- bills on time, as promised -- does more to build trust

payments)

with suppliers

to ensure the accuracy and authenticity of invoices that the company pays

to process accounts payable paperwork with a minimum of handling and

expense. (writing

checks)

Maintain accounts payable files

Reconcile accounts (researching discrepancies)

Resolve nonpayment issues with vendors, or present financial reports or all of

the above.