Accounts Payable
Speak to the Accounts Payable experts
Accounts Payable Services for UK Businesses
Handling accounts payable efficiently is crucial for any UK business seeking to maintain positive cash flow and healthy supplier relationships. At EFF, our team of accounting experts offers comprehensive AP solutions tailored specifically to meet the needs of organisations operating in the UK.
We streamline processes, leverage the latest financial technologies, and focus on delivering value – allowing you to concentrate on running your enterprise while we manage this critical back-office function
Accounts Payable Services for UK Businesses
No two businesses are alike, which is why we tailor our accounts payable services to match each client’s unique requirements. With extensive experience streamlining AP across myriad industries, our team brings strategic insight into what will work best for your organisation. Core services include:
VAT-Compliant Invoice Processing
- Accurate registration and coding of all supplier invoices
- Ensuring full compliance with UK VAT rules and regulations
- Leveraging OCR technology for fast digital capture
- Integration with your ERP solution
Seamless Invoice Distribution
- Digital routing to appropriate staff as per workflow rules
- Customisable approval chains
- Full audit trail for transparency and reporting
- Storage and access via secure online portal
Expense Report Management
- Detailed coding aligned with UK tax guidelines
- Streamlined reimbursement processes
- Policy compliance checking on all claims
- Automated approval workflows
Purchase Order Matching
- Three-way and two-way verification of POs, receipts and invoices
- Identification and resolution of discrepancies
- Audit-ready documentation for all transactions
Multi-Currency Bank Reconciliation
- Daily reconciliation of bank statement activity
- Investigation and resolution of any discrepancies
- Handling transactions in GBP and foreign currencies
- Cash flow analysis and forecasting
BACS Payments
- Secure batch payment runs aligned with cash flow
- HMRC-compliant processes for VAT returns
- Remittance details included with all payments
- Confirmations and payment receipts
In addition, we provide full support across other critical areas including credit control, intercompany reconciliations, travel and expense processing, workflow system implementation, consulting and more.
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Realising the Benefits of Outsourcing Accounts Payable
Maintaining an efficient in-house accounts payable function requires substantial financial commitment and managerial oversight. By outsourcing to our UK AP specialists, organisations can realise significant benefits:
- Increased Efficiency
- Reduced Operating Costs
- Enhanced Compliance
- Improved Visibility
- Increased Agility
Customising Our Accounts Payable Expertise for Your Needs
While the above outlines our core accounts payable services, we recognise that each client has unique needs and requirements. Our team takes the time to understand your specific finance processes, challenges and objectives, allowing us to fully customise our solution to best support your organisation.
Working as an integrated extension of your business, we seamlessly handle AP workflows while providing complete visibility through our real-time portal. Customisation may involve tailoring approval procedures, integrating with existing finance systems, accommodating language needs or providing specialised reporting.
If you have a specific request, need or preference, we will collaborate to design and deliver bespoke accounts payable services that meet your expectations. This flexibility and commitment to understanding each client’s requirements has earned EFF a reputation for service excellence across the UK
Duni EFF - Trust Our Accounts Payable Experts
At EFF, client interests are at the very heart of our accounts payable services. By outsourcing your AP function to our team, you can feel confident that your critical finance processes will be managed accurately, efficiently and in compliance with all UK regulations. Our experienced accountants operate as an seamless extension of your organisation, enabling you to focus your internal resources on more strategic priorities.
To discuss how we can optimise and add value to your UK accounts payable workflows, please contact us today. Our team looks forward to learning about your business and designing a solution that meets your unique finance needs.
"I would strongly recommend the services of EFF. We have transferred a large part of our AP processes to EFF. The transfer was very efficient and unbureaucratic. The employees of EFF are very ambitious, focused and it is a pleasure to work with them. Thus we were able to increase the reliability and quality of our AP with the same number of employees. Through the competence and experience of EFF, at a good value for money, we can concentrate better on our main business."
Jorg Schulz
Sales Director, Haldex
"We at Euroflorist are very pleased with EFF's high competence and ability to adapt to our changing needs."
Per Gränse
CEO, Euroflorist
"Duni EFF are tax professionals in the European Union. In cooperation with them, I especially appreciate the individual approach to each case. In international sales, there are often non-standard situations, from which they always find a way out. Their experts have extensive knowledge and provide it in a very accessible way. Duni EFF is a proven, reliable partner in business."
Miłosz Wójcik
Chief Product Officer, Nethansa
"Across the years of working with Duni EFF, we developed a fantastic professional relationship. Nothing was ever too much or too little for them to help us with. They were very efficient and knowledgeable, you could say I learned a thing or two from them! It was a pleasure to work with them."
Sophie Thompson
Payroll Specialist, Cloetta
