Accounts Payable Services Outsourcing   ;   Why us for your Accounts Payable Needs?

Our Accounts Payable end-to-end solutions:

We offer our clients a true end-to-end solution through which they can process aments, make payments and efficiently manage their business receipts and invoices.
Our payment solutions provide a wide range of functionality to assist clients in accurately and effectively handling daily cash. They are comprehensive and flexible in nature and make way for proper funds to be maintained as well as investment of excess funds. Through our solution clients can not only efficiently reconcile their accounts payable, they can also find out instance of misappropriation of funds.
The purpose behind our accounts payable outsourcing services is to transform client payment process activities by bringing about efficient steps in management of documents, transactions, removing duplication, exception resolution and payment disbursement. Our accounts payable solution provides unique advantages because it includes features that look into individual customer business rules and it is flexible enough to seamlessly merge with all leading ERP and enterprise-wide financial systems.

Efficiency and Accuracy: Offers a high level of efficiency and accuracy because of the advanced workflow and imaging technology that we adopt. We adhere to best industry practices to ensure quality in service.

Cutting-Edge Technology: We make use of the best in work processes and procedures and this feature when combined with latest technology solutions results in highly professional work output and high productivity benefits to clients. The cutting-edge technology that we use includes imaging and automated workflow which will seamlessly integrate with exiting client platform resulting in an environment that promises efficiency and quality results. 

Cost-Effective: Accounts payable processing activities are being outsourced because they enable a company to reduce operational costs and their capital expenses. They see more efficiency in their work processes through outsourcing. Client taking up our professional accounts payable processing services have seen definite profit enhances.

It is noticed that companies put in a lot of time, effort and money into tasks such as invoice processing, matching purchase orders, checking discrepancies and handling inquiries from vendors. If there is any issue with the accounts payable system, the result is penalties for late payment, missing out on discounts, making payments more than once and rework. Clients, who outsource their accounts payable activities to us, see a definite cost reduction and improved fiscal management. Our account payable solutions have shown them the benefits of cost cuts in each invoice processing task and in cycle times. It   has speeded up their activities at the month end and this in turn has enhanced their bottom line. They have been able to achieve a higher work process visibility and gain control over their entire business process. All this has been done without incurring the expenses associated with acquiring, deploying and managing new technology and resources.

Reduce Workload of your staff: Through outsourcing, the huge tasks associated with accounting and accounts payable activities are performed by our qualified professionals. You will be able to cut down on demands for your administrative staff and this will make them free to carry out work in areas that directly affect your company’s sales, clients, services, products, in short your core business.
Our Accounts Payable Team: Our accounts payable team is made up of people who carry with them vast experience and comprehensive knowledge on accounts payable processes and the business elements that impact them. We ensure to match clients with expert accounts payable specialists, who can cater to every client requirement on accounts payable activities. They can handle their queries efficiently and carry out all bill-paying functions with precision. We employ highly committed professionals who will automate work process in varied areas such as management of documents and transactions, exception resolution, removing duplication and performing disbursement-related activities, thus completely revolutionizing all payment-related activities.
Our Accounts Payable Clients: We support clients from a variety of industries such as manufacturing, publishing, healthcare, and communications and so on. Our accounts payable services have catered to the requirements of clients located in America, Europe, and Asia. We aim for a long-term partnership with each client.

Best Industry Practices: Offer quality services and adopt the best in industry practices such as Sarbanes-Oxley compliance to reduce the problem of payment discrepancies. The result is higher control over financial activities and this in turn brings about enhanced profits.

Security of Data: We have put in place steps to ensure the highest level of security for customer data to ensure that all their confidential matters are kept safe.

Other Benefits: Our professional accounts payable services includes an improved business intelligence that offers many benefits to customers such as reduce discrepancies in invoice preparations, improved process visibility and vendor relations, enhanced audit structure and higher control over the entire accounts payable process. We constantly improve work processes so that they adapt to changing requirements and results in higher work productivity.

Our Key Accounts Payable Services 

Document Services: Our services include comprehensive management for all paper-based payables documents and this includes activities such as sorting, preparation of document batches, scanning, storage and retrieval of documents.

Transaction Processing: In transaction processing we include facilities for data-entry on paper-based payables transactions and electronic invoices, look into areas of work duplication to eliminate them and initiate automated workflow to improve work quality.

Exception Management/Resolution: We have a dedicated support structure in place that provides support for management of exceptions and problem resolution. We carry out proactive management of exception events by performing detailed research and interfacing with our customer’s personnel and their suppliers. As part of this process we will look into vendor inquiries, process vendor payments and stop payment requests on checks where necessary, check vendor statement, billing errors, and carry out necessary correspondence and research.   Our exception management activities will look into helping any department in settling vendor disputes arising out of payment deductions and will ensure that necessary, backup documentation is available before release of checks to vendors.

Disbursement Services: We look into every area of payment processing such as printing and distributing checks, handling payments electronically, processing returned checks, positive pay and any other activity related to payment disbursement. Basically, we make use of a client funded account to support payment processing.Suspect Duplicate Analysis: Implement quality and professional audit and control mechanisms that will eliminate the problem of duplicate payments and we have strong resources that help support recovery and reclamation tasks.

Information Management: Offers information management support through efficient work processes and latest technology to bring about a multi-layered reporting structure, increase multi-layered reporting structure, which will in turn help to effectively measure indicators on work performance.

Customer Service: We have a sound customer service in place, by which professional call center agents offer accurate, quality and timely resolution of any queries put forth by clients and suppliers.

Other Services: Our Company has the necessary expertise, know-how, technology and experience to provide support for additional work requirements such as reconciling accounts, supporting tax and audit activities, 1099 printing and distribution, management of P-Card, and other special projects.

Contact us Our Outsourcing Services, located in India provides global customers a flexible option of either outsourcing all or just some of their accounts payable business functions.  Our clients can have either their monthly, quarterly, or annual accounting or bookkeeping tasks performed by us or they can support their existing staff activities through our services and in doing so cut down on the administrative load.

We can offer customers, an accounting and accounts payable outsourcing services package that is completely customized according to their requirements, at a highly affordable rate to help them maintain their competitive edge, while reducing the complexities involved in performing such activities by doing such tasks for them.

Contact us today and take advantage of our secure reliable, efficient, cost effective, professional and real time account payable services. Enquiry form