How to bridge gap of accounts payables and receivables in an Operating unit?

First of all, the intension stated by you can not be seen stand alone, I mean to say, why would an organisation want to brigde the gap between these two thing. Will the organisation intend to bridge the gap between the sales and capital employed or fixed assets. 

However, if you still persist then simply adopt the policy of quick payment for creditors if creditors are huge and if detors are huge then either give them discount, reduce the credit period or simply make cash sales.

If I understand correct, this means what ratio should be between receivables and payables and if it exceeds, what measures to be taken? Well, ideal situation says it should be2:1 and if payables is higher then definitely it needs attention to make the balance but totally depends on the financial picture of the organization.

Agreed with the given answers by experts like   Muhammad Arshad Iqbal