Receive an invoice from a supplier.
Scan/photo or email the invoice to Hubdoc.
Information posted into Xero by Team Samera at awaiting payment stage.
Payment made via bank account or WISE.
Once invoice is paid Xero matches invoice with payment.
Bank account is reconciled fully at the end of each month or more regularly.
Produce management reports.
Review of management reports to highlight variances for action.
Feeds into the annual accounts process with a very quick turnaround for year end.
Set up budgets for the next financial year.