Accounts Payable and Purchasing Management

Proper management of purchasing and accounts payable is critical to managing cash flow, minimizing inventory balances and reducing costs. Protect your business reputation by paying your vendors on time while tracking expenses and ensuring only authorized expenditures are disbursed. From review of procurement policies and procedures to reconciliation of vendor accounts, CoreVision provides a full range of payables and purchasing management services.

We have experience helping companies that are contemplating or have filed for bankruptcy. With a thorough understanding of the bankruptcy process, we work seamlessly with turnaround specialists, attorneys, trustees and other professionals to ensure a positive outcome.

Services we offer include:

• Assessment of organization structure, including people, hardware and software
• Development and implementation of best practice policies and procedures that address critical internal control matters including accurate and timely matching of vendor invoices to purchase orders and receiving information, posting and timely payment.
• Analysis of spending patterns and cost savings opportunities
• Review of Supply Chain and provision of improved practices
• Reconciliation of vendor accounts
• Records organization, including document imaging
• Training of staff
• Provision of temporary staff for special projects
• In-sourcing and out-sourcing solutions available