Special Engagements
Our Accounts Payable Outsourcing Services offer our global customers the flexibility to outsource all or part of their accounts payable business functions.
The Accounts Payable Outsourcing Services provide you with the advantages of cutting edge technology and skilled staff without having to invest in these or buying and maintaining expensive software. We provide industry best practices including Sarbanes-Oxley compliance leading to reduced discrepancies and greater financial control which finally translates into enhanced profitability.
OUR ACCOUNTS PAYABLE SERVICES
We provide Accounts Payable Services to customers all over the globe, including customers in UK and USA. The end-to-end solution includes the following:
- Invoice Receipt
- Process and Route
- Archive
- Image and Data Capture
- Disburse
- Storage
Receipt and management of all paper-based payables documents. This includes:
- Sorting
- Batch preparation
- Scanning
- Document indexing
- Document storage and retrieval
- Receiving and processing incoming mail
- Audit and reconciliation of scanned invoices
- 100% availability of scanned invoices
Resolution and proactive management of exception transactions. This includes:
- Approval and exception routing
- Shortened month-end closing process
- Documented audit trail
Audit and control mechanisms to eliminate the risk of duplicate payments and support recovery and reclamation through:
- Manual and automated data entry
- Three-way database matching
- Electronic invoice processing
All aspects of payments in minimal time to reduce customers’ floating costs.
- Print and distribution of checks
- Secured maintenance of check stock
- Online check proofing
- Return check handling
- Electronic payment handling
- Special invoice mail handling
Our Accounts Payable Services also include accounts payable reports, utility bill management, travel and expenses processing, tax reporting, supplier management, special project reports, and customer service.