Accounts payable & receivable for large enterprises

High-value payments and collections, handled with precision and discretion.

CIT America runs accounts payable and accounts receivable operations for large corporations: disbursements, cash application and collections where every transaction carries material value and every control matters.

Request a confidential conversation Our services
Payment run · Week 39Illustrative
ReferenceTermsAmountStatus
VND-20417Net 601,284,500.00USDReleased
VND-18862Net 45842,310.75EURReleased
VND-21093Net 902,106,000.00USD2nd approval
VND-19954Net 30415,920.40USDMatched
Three-way matchDual approvalReconciled same day
Services

Two disciplines, one standard of control.

Our practice is built around the two ends of corporate cash: what the company pays and what it collects. Each is run with documented procedures, clear approval limits and a complete audit trail.

AP

Accounts Payable

From invoice to payment, with approvals and audit trail intact.

  • Invoice processing and three-way match
  • Vendor master data and onboarding controls
  • Payment runs and wire, ACH and SEPA execution support
  • Vendor inquiries and statement reconciliation
  • Duplicate-payment and payment-fraud checks
AR

Accounts Receivable

From billing to cash, with open balances under constant review.

  • Billing coordination and invoice issuance
  • Cash application and remittance matching
  • Collections follow-up on high-value accounts
  • Customer reconciliation and dispute resolution
  • Aging, DSO and cash-forecast reporting
Around the core

Treasury & banking

Cash position visibility, bank coordination and transaction reconciliation.

Account reconciliations

Balance-sheet and intercompany reconciliations, with supporting documentation.

ERP & SAP operations

Day-to-day work inside your ERP, system transitions and reporting.

Month-end close

AP and AR cut-off, accruals support and close-calendar coordination.

Who we serve

Built for large organizations.

Our model is designed for corporations whose payables and receivables involve high volumes, significant amounts and several entities, currencies or systems. We also accept selected mid-sized engagements when the work calls for the same rigor.

Large-value transactionsPayments and collections where a single error is material.
Multi-entity, multi-currencySeveral legal entities, banks and currencies in one process.
ERP-centeredSAP and other enterprise systems, used as your system of record.
English and SpanishBilingual team working across time zones in the Americas and Europe.
How an engagement runs

Defined in writing before we touch a transaction.

Every engagement follows the same sequence, so responsibilities and controls are clear from the first day.

01

Confidential review

We sign a confidentiality agreement, then review your current process, systems and controls.

02

Transition plan

Scope, responsibilities, approval limits and reporting are agreed in writing.

03

Operation

Our team runs the agreed processes inside your systems and under your controls.

04

Reporting

Regular reporting on balances, aging and exceptions, with one named point of contact.

Discretion

Discretion is part of the service.

We do not publicize our clients, our engagements or the amounts we manage. That is why you will not find us on social media. New relationships begin through referral and direct contact.

  • —Confidentiality agreement before any access to your data
  • —Client names are never used for marketing
  • —Access limited to the people assigned to your account
  • —Segregation of duties respected in every process
Contact

Start with a confidential conversation.

Write to us directly. A member of our leadership team will reply personally, in English or Spanish.

All inquiries are treated as confidential.