“Brook’s Supplier Finance Management Services option is a unique approach that assists your suppliers in meeting your payment terms.”
Supplier Payment Options
Too often larger companies lose out on boutique services from smaller, high quality suppliers because those suppliers cannot meet the due diligence demands for payment terms of a larger vendor. Our competent finance team will work with your suppliers to organize a solution, whether it’s a tailored Brook Prompt Pay plan or an Invoice Discounting solution, always with a view to meeting your preferred payment terms towards your suppliers.
For invoicing Brook interfaces using our own in-house Time & Expense Tracking software or any third party reporting system for time entry and approval to our Automatic Invoicing software. This eliminates invoice matching, eradicates delayed submissions and/or payments and means no more partially paid invoices or outstanding unapproved invoices. This ensures that you dictate payments to your suppliers for services that have been approved only.