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Accounts Payables

Know more accounts payables

Accounts Payables

Vendors are life line to any businesses and keeping track of business accounts payable is a key to uninterrupted support required for efficient functioning of the business. We assist our clients with end-to-end procure to pay cycles and we can handle:

  • Vendor set up and maintenance
  • Purchase order processing
  • Invoice and payment processing (3 way matching invoice)
  • Expense claim processing
  • Vendor statement reconciliation
  • Master Data Management

Vendor Master Management - We undertake vendor master management providing accurate and timely up-dation of vendor masters in the client ERP; Basic duplicate checks are embedded as part of the process; robust controls are inbuilt into the master modification process to ensure that the vendor master creation /modification is error free.

Data Hygiene and Cleansing - As part of routine, we undertake periodic review of vendor masters; provide actionable MIS and help maintain the master database up to date.

Vendor Helpdesk - This service is typically provided in the area of AP process as an add-on service; the queries and clarifications on the payments, deductions and timeliness are normally addressed in the AP vendor helpdesk. This process is handled by an exclusive team who is provided with a query tracking tool to record queries.

AP Reporting - MIS reports and analytics on AP process is generated and shared with the clients as part of the monthly review process.