Accounts Payable
The Smart Way to Manage Business Expenses
Save time with automated expenses. No more lost receipts, no more manual data entry.
Hassle-free Payments
Unlock efficiency and accuracy with Marlo's accounts payable
Designed specifically for the maritime industry, Marlo simplifies payment processes, enhances vendor relationships and provides
real-time financial insights.
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Simplified payment processes
Multi-currency support enables seamless international transactions.
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Strengthen vendor relationships
Comprehensive reporting allow for easy tracking and auditing, ensuring accountability.
Simplified Processes
Unlock real-time information at your fingertips
Gain immediate visibility into crucial accounts payable metrics such as AP aging and payments in transit. Make informed decisions faster and streamline your financial operations.
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Advanced bill tracking
Monitor payments in transit to ensure timely completion and accurate financial reporting.
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Real-time AP aging analysis
Receive real-time alerts and promptly identify and manage overdue payments.
Maritime Specific
Accounts payables tailored for maritime
Easily manage your bills and accelerate payments to vendors with our streamlined payables monitoring, ensuring timely vendor settlements.
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Elevate vendor responsibility
Stay on top of your outstanding bills to enable timely follow-ups with vendors, enhancing their accountability.
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Accelerate vendor payments, reduce hassles
Benefit from fast payments, coupled with streamlined workflows that cut down administrative overhead.
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Streamlined financial management
With a focused approach on tracking unpaid bills, you can better manage your financial resources, making it easier to plan and execute business strategies.
Pay vendors internationally and save money
Unlike banks and some other services, we use the mid-market exchange rate. That means transparent fees – and plenty of savings for our customers.
Send the bill
Open foreign currency accounts in EUR, GBP, SGD and USD online to trade globally without the hassle of red tape.
Interested in exploring more?
Marlo caters to the financial demands of your business. Our offerings, from multi-currency accounts to advanced accounting tools, are tailored to simplify your finances. Leverage our market rates, vessel-wise tracking and real-time monitoring for enhanced strategic planning.
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Frequently Asked Questions
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What is accounts payable?
Accounts payable helps you manage and track all your outstanding payments to suppliers, vendors, and other third parties.
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How to pay a bill in Marlo?
Ensure your Airwallex account is activated and the required bank details of your preferred vendor are added.
Navigate to the list of Bills in the Payables tab.
Hover over a bill with "Logged" status to find the "PAY" option.
Click "Pay," review the payment details, and proceed.
The bill status will automatically change to "Paid" once the payment is dispatched.
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How do I mark a bill as paid?
To record a bill payment, follow these steps:
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Navigate to the Payables tab and click on the bill you wish to pay. You can also access this from the Bills tab within Contracts.
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In the Bill Details screen, click on "Mark as Paid."
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In the Bill Payments screen, select your preferred payment method from the dropdown menu.
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Specify the payment date.
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Enter the transaction reference number.
Once these steps are completed, the bill's status will automatically update from 'Logged' to 'Paid'.
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How to map bank transactions to a bill ?
In the Accounting Module, find all bank transactions processed through Airwallex or your own integrated accounting software.
Click on a transaction to map it to an Invoice (Deposit) or a Bill (Withdrawal).
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Is my data secure?
Yes, all data in the Accounts Payable module is encrypted and stored securely.