Accounts Payable
- Manage accounts payable process and reduce accounts payable fraud by organizing and managing bills
- Tracking of all aspects like invoice imaging, storing, approval, expense allocation, and online payment approval
- Verification and approval of bills from suppliers, after matching with services/goods receipts and purchase orders
- We analyze the AP Ageing report to set the best payment cycle to avoid delayed payment charges
- Recommendation of early payment of supplier invoices where attractive cash discounts are available
- Preparation of credit or debit notes wherever require
- Usage of documentary credits for 'account direct' payments on the basis of advice from your bank
- Preparation of vendor account statements & Reconciliation of vendor account statements with your books
- Analysis of unbilled supplies, open PO commitments
Softwares we have expertise on
