Utility & Other Payment Processing
Payment Processing
We support the administration of additional lease-related payments, such as utilities, issued to outside vendors.
Utility & Other Payment Processing
Payment Processing
How We Can Help
Our accounting team has developed a process to expertly manage utility and other third-party payments to ensure that:
- Financial obligations are timely met
- The appropriate segregation of duties and internal controls are employed
- Access to funds is controlled
- Bank accounts are segregated, monitored and reconciled regularly
Utility Payment
Scribcor’s utility payment services facilitate seamless account setup, timely bill payments, and meticulous bill review for accuracy.
We handle everything from obtaining account information to setting up online access for easy bill management.
Our team ensures correct balances are paid by cross-checking previous statements and bank reconciliations.
Once payment schedules are client-approved, we expedite payments via checks or online portals efficiently.
Third-Party Vendor Reconciliation
Our third-party utility vendor reconciliation service involves a comprehensive review of external utility bills to identify any past dues, incorrect payments, late fees, potential refunds and disconnection notices.
We provide a detailed report outlining late charges, overpayments, potential refunds, accurate monthly expense distribution and payments yet to be received by the vendor. This service is available separately upon request.
Manage Payments with Confidence
We work diligently to ensure your third-party vendor payments are accurate and on time.