Under accounts payable outsourcing services we work as your onsite / virtual team handling and transforming accounts payable function into an efficient automated process. In addition– vendor queries and communications can also be handled on your behalf, which truly frees you up from day to day liaisoning and coordination tasks. Additionally we have worked on Accounts Receivable project and helped our clients not only mange the receivables in books of accounts but also contributed in clearance of the Outstanding.
Customer’s Electronic Invoices are received.
Image and Data Capture: All documents are stored as images and all invoice images are viewable.
Invoice documents are processed according to agreed business rules with the customer. Invoices are routed to the relevant customer executives for approval.
The invoices are posted to relevant GL after deduction of appropriate taxes.
Periodic reports with details of overall spent, cost centre wise spent or product wise spent can be shared with agreed frequency