Our accounts payable solutions offer our clients, the flexibility to outsource all or part of their accounts payable business function. The accounts payable services help you to get access to the top-class technologies and skilled staff without actually having to invest in the same. We prepare the Accounts Payable Report as per the client’s requirement and as per the periodicity specified by the client.

End to end Accounts Payable services include

1. Accounting of various transactions in the system based on purchase order, bills and goods received notes
2. Analysing the vendor approvals by the management with reference to the purchase orders
3. Advising on the discount availability from vendors under various options
4. Accounting of debit memos and credit memos based on the instructions from the management and other available records.
5. Vendor Account Statements reconciliation
6. Timely reporting of outstanding commitments and unpaid amounts of vendors on periodic basis
7. Analysis of vendors transaction history, ageing analysis and price trend analysis
8. Resolving various issues and exception handling for following:

• Computational and other errors in vendors bills
• Transactions against unauthorized purchase orders
• Mismatches between vendors bills and purchase orders
• Mismatches between the vendors bills, purchase orders and actual goods received