Manufacturing
Raw materials in, invoices out, and a margin you can actually see.
Supplier bills on staggered terms, production runs that each cost something different, and customers who pay sixty days later.
Start freeNorfield Industries Ltd
Production run PR-0114 · Budget ₦4,800,000
| Cost line | Amount |
|---|---|
| Raw materials3 supplier bills | ₦2,940,000 |
| Haulage2 payables | ₦318,000 |
| Contract labour1 approval pending | ₦465,000 |
| Remaining23% of budget | ₦1,077,000 |
The problem
Where the cash gets stuck here.
A factory spends long before it earns. Raw materials are bought on one set of terms, converted over weeks, then invoiced to a customer who pays on another set entirely. The gap between those two dates is where manufacturing businesses quietly run out of cash.
The second problem is knowing what a run actually cost. Materials, haulage, a contractor, an extra shift, all recorded in different places and none of them attached to the job they belong to. By the time the invoice goes out, nobody can say with confidence whether that order was profitable.
01
Supplier terms you did not set
Materials arrive with thirty-day terms and the finished goods invoice out on sixty. You are financing the difference without ever deciding to.
02
Costs that never reach the job
Haulage paid in cash, an urgent part bought by a supervisor, overtime on a Saturday. Each one real, none of them attached to the production run that caused it.
03
Approval by phone call
A plant manager needs a part today. The approval happens verbally, the payment happens somehow, and the record happens never.
04
Margin discovered too late
The order is already delivered and invoiced by the time anyone works out what it cost to make.
On Billif
How the same work runs instead.
Supplier bills arrive in one place
Forward the supplier invoice to your Billif mailbox. It is read automatically, becomes a payable with the right vendor, amount and due date, and joins the list of what is owed and when.
Every run is a project with a budget
Open a project per production run or per contract. Materials, haulage and contractor costs post against it, so spend against budget is visible while the run is still going.
Nothing is bought without a yes
Approval policies decide who can authorise what. The urgent part still gets bought today, but there is a record of who approved it and against which job.
Invoice, collect, reconcile
Invoice the customer with a pay-link, track it as it ages, and let the payment match itself to the invoice when it lands.
What you'll use
The parts of Billif this leans on.
Payables
Vendor bills tracked, approved and paid
- Forward a bill to your Billif mailbox and it is read automatically
- OCR and AI extraction turn the document into a payable
- Vendor bills tracked to a due date
Projects and budgets
Set a budget per project and watch it burn down
- A budget per project
- Spend against budget, with remaining balance
- Budget usage as a percentage
Invoicing
Branded invoices, recurring billing, credit notes and POs
- Branded invoices with online pay-links
- Recurring invoices
- Credit notes
Collections and settlement
A funding account, collections in, payouts out, settled to your bank
- A funding account for collections and payouts
- Payments collected against invoices
- Payouts and transfers to bank accounts
Guides for manufacturing
- Accounts Payable for Large and Growing Companies: Approvals, Audit Trails and E-Invoicing
- Finance for Nigerian Manufacturers: Supplier Terms, Production Budgets and Margin
- Managing Supplier Bills: How to Stop Paying Late, Twice or Blind
- Who Signs Off? Setting Spending Approval Limits as Your Business Grows
- How to Claim Input VAT on Business Purchases in Nigeria
Your story could go here
We are collecting stories from manufacturing businesses running on Billif. If that is you, we would like to hear how it changed the work.
Tell us about it