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SERVICES
What we offer
Accounts Payable
At GenZed, we understand the unique financial complexities faced by recruitment agencies. Managing vendor payments, employee and contractor expenses, and balancing cash flow is crucial to maintaining smooth operations. Our accounts payable service is designed to simplify these processes. Using advanced tools like Dext, Hubdoc, and other receipt management software, we streamline and automate invoice and expense handling, with AI-driven error checking for reliable accuracy. This gives you the financial clarity and control needed to focus on matching talent with the right roles while we handle the financial management.
What We Offer
Comprehensive Invoice Management
We handle all supplier and contractor invoices, ensuring accurate processing and timely payments based on your agency’s cash flow and operational needs.
Tailored Payment Scheduling
We align payment schedules with your agency’s cash flow, giving you flexibility to prioritise payments and manage liquidity, especially during busy hiring cycles.
Credit Card and Expense Management
We track and reconcile credit card usage, as well as staff and contractor expenses, ensuring all transactions are properly categorised and recorded for easy reporting and financial clarity.
Cash Flow Forecasting
Our detailed cash flow forecasts provide full visibility into how upcoming payment runs will affect your finances, helping you make informed decisions on payroll, contractor payments, and other essential costs.
Supplier Reconciliation
We regularly reconcile supplier and contractor accounts, resolving discrepancies quickly to maintain the accuracy of your financial records.
AI-Driven Error Checking
Our AI technology proactively checks for errors in your financial entries, reducing the risk of discrepancies and ensuring reliable data across all accounts.
Invoice Attachment and Accessibility
All supplier and contractor invoices are securely attached to your accounting system, ensuring they are easily accessible for audits, reports, or client reviews.
Payment Run Preparation
We can prepare easy-to-upload CSV files for payment runs, streamlining the accounts payable process and reducing administrative tasks for your finance team.
How We Work
End-to-End Management
We manage the entire accounts payable process for your recruitment agency, from processing supplier and contractor payments to tracking expenses, so you can focus on growing your business.
Personalised Service
Our service is tailored to your agency’s needs, ensuring we integrate seamlessly with your current financial workflows and support your operational goals.
Integrated Cash Flow Management
We align payments with your cash flow, providing forecasts that show the financial impact of upcoming payments. This allows you to plan payroll, contractor payments, and vendor obligations without financial strain.
Custom Dashboards
Our real-time dashboards provide a clear overview of outstanding payments, cash flow forecasts, contractor expenses, and supplier transactions, giving you full control of your finances at all times.
Daily Reconciliation
We perform daily bank reconciliations, ensuring that your financial data is always up-to-date and accurate, allowing you to make timely decisions with confidence.
Invoice Attachment
All supplier and contractor invoices are securely attached to your accounting system, providing easy access for audits, client reports, or financial reviews whenever you need them.
Why Choose GenZed?
Choosing GenZed to manage your recruitment agency’s accounts payable ensures that your financial operations are always in order. From managing contractor payments and staff expenses to tracking supplier invoices and cash flow forecasting, we give you the financial clarity and flexibility you need to focus on what matters most—growing your business and delivering the best talent to your clients.
✔️ Benefit from end-to-end management of all aspects of accounts payable, including contractor payments, staff expenses, and supplier invoices.
✔️ We align payments with your cash flow to help manage liquidity during busy hiring periods or large payrolls.
✔️ We leverage advanced technology combined with personalised service for accurate, efficient accounts payable management.
✔️ Our AI-driven error checking proactively identifies discrepancies, enhancing data accuracy and reliability across all financial records.
✔️ Our real-time dashboards provide a clear overview of your finances, giving you full control at all times.
✔️ Our CSV preparation for payment runs reduces administrative workload and streamlines processes.
✔️ Supplier and contractor invoices are securely attached to your accounting system for easy access during audits, compliance checks, or reviews.
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EXPERT CONSULTANCY
Book Your Free Consultation
EXPERT CONSULTANCY
Book Your Free Consultation
Drive growth and streamline your finances with GenZed. Get free consultancy today and discover how we can support your recruitment agency’s success.