How To Save Money With Your Accounts Payable

Did you know that you can save money on your accounts payable?

There are certain vendors out there that will reduce your bill by “x” percentage when you pay your bills early. Call or email your vendors to find out if they will give you a discount for paying a few days to a week before your due date.

Have you been paying your bills late? Did you know that this reduces your cash flow? There is a simple fix to this problem. You can start paying your bills on time and eliminate the late payment fee. This can save you hundreds and thousands of dollars in the long run. Just think of what you could do with an extra few thousand dollars…

But what if you don’t have the time? After all, you are a successful business owner with a lot of stuff on your plate. You have two options and you need to figure out which option is best for you.

The first option is you can hire an employee. This means you would have to put another person on payroll and deal with all the paperwork. If this person runs out of things to do during his or her allotted time, you could be losing money. Or maybe this person will be that superstar employee who takes on other tasks when they are done with their main job. The problem with this is that if he or she gets bored after awhile, then his or her focus may not be keeping track of your bills.

The second option is you can hire a dedicated team of people who are devoted to helping your business succeed. You know this business will do right by you because we built this business to help you along the path of success. We’ve have the experience and the know how to get the job done right.

Whatever you do, do not let your accounts payable be neglected. You need a good cash flow to keep your business in the green. And we as a community need your products and services. You are helping make Longmont, Colorado and the surrounding communities a better place to live.