5 Key Benefits of Outsourcing Accounts Payable Services
- 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 provide Accounts Payable Services to customers all over the globe, including customers in UK,Australia and USA. The end-to-end solution includes the following:
Data Capture : 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
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
Rtulsian’s Other Accounts Payable Services : 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.