First, we receive invoices from our clients and complete verification. We clear every query of our clients and move to the management process. This procedure is followed by invoice scanning as well as indexing. The invoices are converted to images and also kept in the E-library. Checking and verification of invoices are followed by matching, parking, and posting procedures. After the invoice is processed in the mailroom, creditors are analysed, and the file of payment is prepared and uploaded. After our clients have approved the invoice, it is eventually uploaded.

Accounts Payable Services We Offer

1. Matching Invoices with Purchase Orders, We offer an automatic process for invoice data capturing with purchase orders. With the latest technology, such as OCR, we ensure the accurate extraction of invoice data. All essential information and invoice data are uploaded after capturing it to the ERP system. The whole process is accomplished by multi-level quality checks to ensure error-free compliance and data capturing.

2. Processing Purchase Orders Our account payable services include processing purchase orders. It includes confirming and specifying the actual need for goods and services before finalizing the purchase. In addition, it also includes processing auditing results and processing payments.

3. Processing Debit Memos, Our services include debit memos processing. The correction to the invoices through an automatic process and make them error-free. You can easily send a debit memo if you accidentally sent an invoice with mistakes. This helps to increase the level of the invoice and correct it after it's sent. You can also use these memos to update your accounting books.

4. Processing Standard Pricing Information We offer uniform prices for our products and services that are pre-established. It is also based on the analysis of competitive market position.

5. Preparation and Processing of AR Aging Reports Our service providers also offer preparation as well as the processing of AR aging reports. It includes information about receivables and invoices based on a particular invoice age. We offer a versatile historical overview of your receivables for your management and billing. In addition, we also divide invoices into particular outstanding categories based on periods they have remained unpaid.

6. Processing of Monthly AP Ledgers We are also highly invested in processing the monthly accounts payable ledger. We understand the importance of outstanding amount payable highlights and specific payable information such as amount payable, order quantity, invoice number, invoice date, and others.

7. Processing of Monthly Sales Tax We keep a check of monthly sales tax so that you can give attention to the areas of your business that require more attention. We process monthly sales tax through automatic software before they become late or liability for you.

1. Advanced Technology for Efficient Accounts Payable

We offer advanced technology for account payable automation as well as digital invoicing through AI technology and utilizing ML. These solutions and technology ensure better information security, information flow, smoother transactions, and verification, and identify bottlenecks before they become a huge liability. The software ensures that relevant data is extracted from invoices and validated against required and relevant documents.

2. Customizable Accounts Payable Solutions

There are various account payable solutions that can be customized. The software that helps in the automatic process can be customized according to your needs. You can also set up custom approval and assign a budget automatically. You can also automate bill payment and bill capture procedures. The approvals can be gained from accounting checkers, finance checkers, business approvals, and tax checkers until the final payout. Manual payments are eliminated through two-way synchronization of accounting software.

3. Secure and Compliant Accounts Payable Services

Our team ensures compliant and secure account payable services. Our software is accompanied by multiple-level security to reduce risk and prevent fraud. We ensure regulatory compliance of account payable invoices with every legislation. We also make sure that legislation and taxes are fulfilled before they become a great problem. We look for and solve late payments, conflicts, duplicate payments, and poor visibility of invoice payments through our secure account payable services.

Why Choose Our Accounts Payable Services

1. Timely Invoices Payment: Complete automatic aspect of every invoice management resulting in timely payments of invoices.

2. Regular Interval Reports: Generated at multiple levels to analyze and finalize them until they are finally sent to the client for their approval. Cross-checking invoices regularly with the company.

3. Compliant With All Legislation: Every invoice and issue check complies with all legislation and business requirements.

4. Confidentiality of Data Shared: Maintaining the confidentiality and security of data shared at every level throughout the whole process and post-examining.

5. Examining Every Paid Invoice and Issued Check: Examining and managing every paid invoice as well as issues check at multiple levels, including reports and error correction.

6. Expert Consultancy at a Fraction of the Cost: Get the best consultancy in all aspects of accounts services, including account payable services, at a fraction of the cost.

7. Error-Free Processing of Invoices: ⅔ way matching procedures are used for processing invoices and making them error-free.

8. No Capital Investment in the Purchase of Costly Software: No capital investment is required during the purchase of costly software. A proper software package is provided with proper payment information with various advantages and features, including electronic payments and discounts.

9. Digitization of Hard Copies Related to AP: Hard copies related to accounts payable and invoices are digitized and converted into images that are easy to read.