Outsourced Payables & Disbursements Services - CloudCfo

There’s no other way around it – businesses have to pay their bills when they come due

 The process of understanding what money is leaving the business and how this affects cash flow should be a real value-added activity for every business.

As your outsourced accounting firm, we implement processes and controls in your business to ensure that management has full confidence in all payments and disbursements that leave the company.

What We Do

Payables and disbursements might cover anything from cash expenses, training fees, BIR payments, Government and staff contributions (SSS, HDMF, PhilHealth, etc), courier fees, short term loans, membership fees, corporate registrations (e.g. trademark registrations), dividend payments and more.

We design and implement systems and controls to ensure that the processing of payments and disbursements by your company is automated, efficient and secure.

We set up vendor qualification processes. We monitor incoming bills. We set up weekly alerts for upcoming payables. We record bills and invoices when they arrive.

We identify VAT requirements and identify other forms of tax compliance. We ensure Official Receipts are received, processed and recorded for every business transaction.

The entire accounts payable process can be integrated across all other accounting and bookkeeping functions and processes within a company.

Our clients should never have to pay charges for late payments.

That’s why optimization of the internal approval process for payments is a key part of our outsourced accounting and bookkeeping service.

Efficient Treasury Management

Through our outsourced financial advisory service, we assist clients with forecasting cashflow positions through close scrutiny of their accounts payable and disbursements.

We help companies prepare budgets and make fully informed strategic, financial and commercial decisions with full confidence in their financial data.

Get In Touch

If you want to know more about our tailored services and processes, drop us a line to discuss how we can help you to grow your business. We will respond to you within 24 hours.