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  Additional Services

 

A range of Additional Services are also available:

 

Electronic Invoice Handling

By utilising the latest workflow, scanning, and imaging technology your Purchase Invoices, for example, can be scanned and posted into the Accounting System.  These are then immediately available for authorisation via a secure Internet portal.

Pre-determined rules ensure that the invoices are routed to your appropriate personnel for approval by - value, supplier, nominal ledger code etc.  The system complies fully with EU regulations for e-commerce and means that once invoices are scanned into the system there is no longer the need to store paper copies.

Once an invoice is approved we can arrange for prompt payment to the supplier if you wish.

 

Credit References and Credit Control

The pressure to make business decisions quickly has never been greater.  However, making sure that the decisions you make about the companies with which you do business are the right ones isn't always easy.

Member Firms can conduct the required due diligence and comply with government regulations to help you to minimise your bad debt risk.

They can also provide a full credit control process and by working with our legal partners can ensure that your exposure to bad debts is minimised.

 

Audit

Member Firms will have a separate audit department available to prepare accounts in statutory format and provide full back up working papers for your auditors.  In appropriate circumstances it may be possible for them to carry out the audit provided adequate ethical safeguards are in place.

 

 

 

© IAAITC 2007

International Association of Accountants Innovation & Technology Consultants

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