Finance operations

Payables, receivables, the bank and the month-end close, run in your own systems.

Payables and receivables, line by line

A typical split for a company with about 900 supplier invoices a month (sample). You keep the approvals; we keep the ledger moving.

Payables and receivables

Sample matrix

Activity

Your companyHalden Rowe

Your leadYour teamOur leadOur team

Supplier invoices scanned and coded

Daily

I (your lead is told after)C (your team is asked first)A (the Halden Rowe lead signs it off)R (the Halden Rowe team does the work)

Invoice approval in your system

Your budget holders

A (your lead signs it off)R (your team does the work)I (the Halden Rowe lead is told after)C (the Halden Rowe team is asked first)

Payment run prepared

Twice a week

C (your lead is asked first)I (your team is told after)A (the Halden Rowe lead signs it off)R (the Halden Rowe team does the work)

Payment run released at the bank

Your finance lead

A (your lead signs it off)C (your team is asked first)I (the Halden Rowe lead is told after)R (the Halden Rowe team does the work)

Customer invoices and statements

Daily and month end

I (your lead is told after)C (your team is asked first)A (the Halden Rowe lead signs it off)R (the Halden Rowe team does the work)

Overdue customers chased

From day 7 overdue

A (your lead signs it off)C (your team is asked first)R (the Halden Rowe lead does the work)R (the Halden Rowe team does the work)

R does the work A signs it off C is asked first I is told after

What a month looks like

Daily bank and ledger work, two payment runs a week, the close in the first five working days and the management pack by day 8.

Ask for a proposal

Tell us what you would like to hand over. After a 45-minute scoping call we send a written proposal with the matrix, the service levels and a fixed monthly fee within ten working days.