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SERVICES
What we offer
Accounts Payable
At GenZed, we understand that managing finances in the fast-paced restaurant and hospitality industry can be challenging. Our accounts payable service is designed to handle your eatery’s financial operations efficiently, ensuring accurate tracking of supplier invoices, managing staff expenses, and aligning payments with your cash flow. Using advanced tools like Dext, Hubdoc, and other receipt management software, we streamline and automate invoice and expense handling. Our AI technology also checks each entry for accuracy, reducing errors and enhancing data reliability. Allowing you to focus on providing memorable culinary experiences, while we ensure your finances are in order.
What We Offer
Comprehensive Invoice Management
We manage all your supplier invoices, from food suppliers to equipment vendors, ensuring payments are processed accurately and in line with your financial goals.
Tailored Payment Scheduling
We align payments with your eatery’s cash flow, allowing you to prioritise essential suppliers while giving you the flexibility to postpone non-urgent payments when necessary.
Credit Card and Expense Management
We track and reconcile company credit cards and staff expenses, ensuring all transactions, from purchasing ingredients to covering staff costs, are accurately recorded.
Cash Flow Forecasting
Our detailed cash flow forecasts give you full visibility into how each payment run will impact your finances, enabling you to make informed decisions and keep operations running smoothly.
Supplier Reconciliation
We regularly reconcile supplier statements to ensure all payments and credits are correctly accounted for, promptly resolving any discrepancies to keep your books accurate.
Invoice Attachment and Accessibility
All supplier invoices are securely attached to your accounting system, making them easily accessible for audits, reviews, or financial reporting.
Payment Run Preparation
We prepare easy-to-upload CSV files for payment runs, streamlining the accounts payable process and reducing your administrative workload.
How We Work
End-to-End Management
We take care of your eatery’s entire accounts payable process, from handling supplier payments to reconciling staff expenses, allowing you to focus on delivering excellent food and service.
Personalised Service
We tailor our approach to meet your specific business needs, ensuring seamless integration with your existing processes and financial priorities.
Integrated Cash Flow Management
We align payment schedules with your eatery’s cash flow and provide forecasts showing the financial impact of upcoming payments, helping you manage liquidity while keeping essential operations running.
AI-Driven Accuracy Checks
Our AI technology automatically checks each entry for accuracy, reducing errors and enhancing the reliability of your financial data across all accounts payable processes.
Custom Dashboards
Our real-time dashboards offer an up-to-date view of outstanding payments, cash flow forecasts, supplier costs, and staff expenses, giving you clear financial insights at a glance.
Daily Reconciliation
We perform daily bank reconciliations, ensuring your financial data is always current and accurate, enabling quick, informed decisions.
Invoice Attachment
All supplier invoices are securely attached to your accounting system, providing easy access for audits, compliance, or financial reviews.
Why Choose GenZed
Choosing GenZed to manage your accounts payable ensures that your eatery’s finances are handled with precision and care. From managing supplier invoices to providing cash flow forecasts, we give you the flexibility to focus on what you do best—running your business and serving your customers. With GenZed, you can rest assured that your finances are always in order, allowing your business to thrive.
✔️ We handle all aspects of accounts payable—supplier payments, staff expenses, and credit card reconciliations—ensuring your financials are in expert hands.
✔️ Maintain financial stability with our proactive approach that aligns payments with your cash flow.
✔️ Our AI technology reviews each entry for accuracy, reducing errors and enhancing the reliability of your financial records.
✔️ Tailored support combining advanced technology with personalised service for your unique needs.
✔️ CSV preparation for bank uploads streamlines payment runs, minimising your administrative workload.
✔️ Quick and easy access to invoices, securely attached to your accounting system.
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EXPERT CONSULTANCY
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EXPERT CONSULTANCY
Book Your Free Consultation
Ensure your eatery's finances work as hard as you do. Get free consultancy with GenZed and see how we can help you achieve sustainable growth.