What system do you use to process inbound invoices?
👋🏻
Do you have a system or process that you use to deal with invoices that come in from suppliers?
For example, if you're hiring a freelancer or contractor directly: Do you manually pay the invoice when you receive it, or do you set it up as a bill in Xero or something to be paid out on a certain date?
If it's manual, do you ever forget to pay an invoice and either have your supplier chasing you or making you feel guilty?
Would love to hear how everyone else does it 🙌🏻
Accounts payable systems are normally for bigger companies. I have built some very large systems. To get a better idea, many ERP systems manage accounts payable. For the small companies use wave - https://www.waveapps.com . They have a feature to photo the invoice, categorize it and schedule it for payment.