Our Accounts Payable Outsourcing Services at India 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.
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:
Receipt and management of all paper-based payables documents. This includes:
Resolution and proactive management of exception transactions. This includes:
Audit and control mechanisms to eliminate the risk of duplicate payments and support recovery and reclamation through:
All aspects of payments in minimal time to reduce customers’ floating costs.
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.
Read about O2I’s reliable, flexible accounting services for UK companies using Sage Accounting Software.
Customers’ hard copy and electronic invoices are received.
All documents are stored as images and all invoice images are viewable.
Invoice documents are processed according to previously agreed upon business rules with the customer. Invoices are routed to the relevant customer executives for approval and final resolution.
An approved invoice is uploaded to customer’s A/P system for payment through standard interfaces on all accounting platforms.
The invoices are then posted to the General Ledger as ’normal’. We also perform disbursements.
The hard copies are stored at our facility and the electronic images are searchable online.
Your invoices will be paid before the due date
You can access monthly, quarterly or annual reports
Your vendor will ensure compliance to SOX
View co-relations between checks issued & invoices that have received payment
You can leverage accounts payable expertise while cutting down on costs
We have over 20 years of experience when it comes to offering accounts payable services. Read our article on AP automation predictions for 2018 and beyond to know what's in store for accounts payable in the future.
For further information about O2I's Accounts Payable Services and Pricing details.CONTACT US NOW