WMA does not stand still

Accounts Payable and beyond

Here at Westgate Moore, we are proud to be a company that has been at the forefront of Audit Recovery Solutions for almost 20 years. As one of the pioneers within this field we have grown from initially servicing the NHS to now where we service companies ranging from Fortune 500 companies through to local authorities alongside a plethora of mid sized cross discipline businesses.

At the start of 2020 we developed autorecs – a fully automated supplier statement reconciliation solution.

The seismic shift brought about by the Coronavirus pandemic, changed almost over night, the way in which AP and P2P functions operated. Changes in working practices and the shift to a completely remote function, AP and its processes are now open to risks to their working capital. The changes from an office to a home environment have naturally affected how invoices are being received and processed. This massive change to the day in the life of transactional finance can, and is leading to breakdowns in processes which is resulting in more late payments and vast amounts of financial leakage due to payment errors being made.

To locate any financial leakage that has occurred, and to prevent the problems that have arisen from the new normal working practices, Westgate Moore excel in prevention and recovery for AP and P2P functions of any size.

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