Your business doesn’t just survive on profits—it runs on cash flow. And nothing impacts cash flow more directly than Accounts Payable (AP) and Accounts Receivable (AR). That’s why we help you manage both with precision and consistency.
Accounts Payable includes all the money your business owes for goods or services you've already received. When ignored, late payments can lead to strained vendor relationships, missed discounts, and even penalties.
Common Challenges Small Businesses Face:
Forgetting due dates or losing track of bills
Paying invoices too early and hurting cash flow
Missing errors like duplicate or inflated charges
Wasting time on manual payment tracking
Our AP Solutions at FinWise Partner:
🧾 Record and categorize every vendor bill
⏰ Track due dates to avoid late fees
✔️ Schedule payments—not too early, not too late
🚩 Flag duplicate charges or unusual entries for review
📂 Maintain organized digital records for audit readiness
Accounts Receivable (Money Owed to You)
Accounts Receivable is the money owed to your business. Delays or inconsistent follow-ups can quietly drain your cash reserves and impact your ability to pay others on time.
Common Challenges Small Businesses Face:
Forgetting to send or follow up on invoices
Not knowing who has paid and who hasn’t
Feeling awkward or frustrated chasing payments
Poor invoice presentation leading to confusion or delays
Our AP Solutions at FinWise Partner:
🧾 Create and send clear, professional invoices
📅 Monitor outstanding balances in real time
🔔 Send polite, automated payment reminders
💵 Match and reconcile payments as they come in
📊 Generate AR reports to stay on top of what’s due
Even profitable businesses fail due to poor cash flow. With FinWise Partner managing your AP & AR, you’ll have:
Timely vendor payments without cash crunches
Predictable income from your customers
Fewer manual tasks and billing errors
Greater clarity in your financial position, anytime
Imagine a catering small business that caters for parties, offices, and events. Like most businesses, they:
Pay others (suppliers, rental companies, staff) – this is Accounts Payable (AP)
Get paid by customers – this is Accounts Receivable (AR)
Here’s what can go wrong if AP and AR aren’t managed properly:
🔍 What happened? They had to cancel an event and lost money — and trust.
After an event, the owner forgot to send the invoice right away. By the time it was sent, the client delayed payment.
🔍 What happened? Cash was tight, and it was stressful to cover the next week’s expenses.
To stay ahead, they paid all bills the day they arrived. But clients were slow to pay.
🔍 What happened? Money ran out fast, and the owner had to use a personal credit card to cover costs.
We help businesses like these by -
Keeping track of when bills are due and scheduling payments wisely
Sending invoices on time and following up on unpaid ones
Making sure you’re never short on cash because of poor timing
Cash flow is everything. Even when your business is growing, poor AP & AR management can slow you down.
With FinWise Partner, you stay on top of both — and stay ahead.