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GrayPayTM Bill Paying Service

About
Features
About

You have better ways to spend your time than sitting down and paying routine bills. That’s why Gray, Gray & Gray developed our GrayPay™ bill paying service. GrayPay™ takes the burden and worry of getting the bills paid off your shoulders so that you can pay attention to the important details of running your business.

Unlike some bill paying programs, GrayPay™ manages your bills for you, from receipt to payment to reporting. You are assured that bills are paid on time without lifting a finger! The result is a process that is faster, more efficient and more accurate than paying bills yourself.

Here's how it would work for you:

  • Simply gather your invoices as they come in and send them to us on a daily, weekly or monthly basis.
  • You can send the invoices by mail, fax or email.
  • We’ll create a “to be paid” schedule that best matches your cash flow, then send the list to you for a simple “check off” for those invoices you OK to pay. We can send the list weekly, every two weeks or monthly.
  • OR, if you’d prefer, we can simply go ahead and pay all invoices received and submit a “paid” report to you.
  • All checks used to pay invoices will have a secure electronic signature, so you don’t even have to go through the process of signing a pile of checks every week!

In addition to the convenience of having us pay your invoices, GrayPay™ also allows us to better track your cash flow, and identify issues and opportunities that can often reveal themselves in routine record keeping.

Features

We’ve put over 70 years of experience with businesses of all sizes into the design of our GrayPay™ service.
As a result, we think you will find this service to be just what you need to reduce or eliminate the burden of daily paperwork.

Accounts Payable

  • Payment of all vendor invoices via check or electronic payment
  • P&L account coding of all invoices
  • Annual 1099 reporting

Cash Management

  • Centralization of account balances
  • Maximization of earnings credits
  • Maximization of purchase discounts
  • Bank account reconciliation

Financial Management & Reporting

  • Monthly & annual consolidated balance sheet and P&L
  • Financial analysis & reporting
  • Budget reporting & comparisons
  • Comparisons with average P&Ls

Fixed Assets / Depreciation

  • Detailed ledgers (book, federal tax, state tax, local tax)

Sales Reporting

  • Credit card sales reports
  • Reporting of sales trends
  • Bank transfer of funds
  • E-Sales and monthly billing

Tax Services

  • Preparation of all tax returns (payroll, sales, individual, partnership, corporation)
  • Electronic filing & payment (when appropriate)
  • Availability of a fully staffed tax department

The Advisor Newsletter

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Downloads

GrayPay™ Brochure

News & Events

Are Partnership Guaranteed Payments Still A Good Idea?

April 23, 2018GGG

“Around the Energy Industry in 180 Minutes” Seminar in Canton

April 9, 2018GGG

To Use A 529 Plan For K-12 Or Not? That Is The Question.

April 2, 2018GGG

Contact Us to Learn How We Can Go Beyond the Numbers for You!

Gray, Gray & Gray can help you meet the challenges of cash flow management for your business. Seven decades of successful experience with businesses of all types and sizes gives us the edge when it comes to guiding you to greater efficiency.

Email UsCall 1 (781) 407-0300

More of Our Services

Auditing & Accounting

Business Advisory Services

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Business Valuation Services

Employee Benefit Plan Audits

Field Examinations

Government Grant Compliance

GrayPayTM Bill Paying

International

Merger & Acquisition Consulting

Outsourced & Cloud Accounting Services

Overhead Rate Audits

Royalty Examinations

Sage Intacct Accounting Software

SEC Support

State & Local Tax Services

Succession Planning

Tax Strategy & Compliance

Wealth Management

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Webinars

Gray, Gray & Gray enjoys offering valuable advice and guidance through our series of webinars that focus on important issues that affect you and your business.

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Contact

Canton Headquarters
Boston Office
Framingham Office


Email Us

(781) 407-0300

(781) 407-0303
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