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ACCOUNT PAYABLE SERVICES

Accounts Payable is a crucial account for any business body, as it constitutes all the transactions that amount to money payable by the company to its vendors. Simply put, accounts payable are purchases undertaken on credit.

 

AT GLOBAL OUTSOURCING TO INDIA you meet the experienced, technology savvy and prudent, offering reliable  accounts payable outsourcing services .We provide robust internal control, efficient expense administration and significant save of time and man hours through regular monthly reconciliation of Accounts Payable.
-Our accounting services offer accounts payable services at cost effective rates. We manage your outsourcing accounts payable requirements with easy & deliver accounts payable transactions solutions. Combining unique processes with professional staff & the state of art technology, we deliver affordable, reliable and fast accounts payable management services to our global client our financial professionals manage your requirements by creating, reviewing and approving documents with use of latest accounting software. We deliver accurate and complete documentation to our customers in timely manner and also support them in understanding the entire process.

 

"JOINING HANDS WITH US, you can be rest assured of zero fraudulent transactions, no overdone payments and nil duplicity."

 

SERVICE OFFERED:

We provide End-2-End solutions for accounting services round the globe:

 

Data Capture: Receipt and management of all paper-based payables documents. This includes:

  • Sorting
  • Scanning
  • Receiving and processing incoming mail
  • Document storage and retrieval
  • Document indexing
  • Batch preparation
  • Audit and reconciliation of scanned invoices
  • 100% availability of scanned invoices

 

Data Processing - Exception Management/Resolution: Resolution and proactive management of exception transactions. This includes:

  • Approval and exception routing
  • Shortened month-end closing process
  • Documented audit trail

 

Suspect Duplicate Analysis: 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

 

Disbursement Services: 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

 

BENEFITS OF ACCOUNTS PAYABLE SERVICES?

  • No more delays in payment of invoices
  • Access to periodic  monthly, quarterly or annual report
  • Your vendor will ensure compliance to SOX
  • Leverage on accounts payable expertise while cutting out on cost
  • Reports showing correlation between checks issued and invoices that have received payment.

 

WHY OUTSOURCE TO US?

  • Eliminating the concern of handling hundreds and thousands of transaction with equal attention.
  • Cuts down cost up to 60%
  • Strengthen vendor relations
  • Reduced invoice discrepancies and bringing  translucent and Non- fictitious work,
  • Enhanced financial control made possible by our transparent process and 24x7 repulsive responsiveness.

 

WHY OUTSOURCE ACCOUNTS PAYABLE SERVICES TO INDIA?

  • We provide 24x7 customer service to facilitate prompt response and resolution to customer/vendor inquiries
  • Efficiency and accuracy accustomed for our advanced workflow and imaging technology, adherence to industry best practices and high levels of quality.  
  • Our processes in India provide customer information on invoice (amount, vendor, date) process stage, approvals (who approved it, when), exceptions (price discrepancy, quantity discrepancy) as well as all outstanding liabilities for the organization.