When carried out by your staff, your organization’s accounts payable (AP) and accounts receivable (AR) transactions can be labor intensive, costly and lead to mistakes. With our AP/AR Process solution, we manage the entire process, design a solid AP/AR strategy and use a unique blend of intelligent capture and process automation that meets your needs. We can help drive down overhead, increase efficiency, improve accuracy, enhance oversight through AP/AR workflows and deliver anytime, anywhere access to information.
AP/AR are transaction-based functions that are labor intensive, with cumbersome documents that make up a fraction of your overall volume but the majority of your effort. Our AP/AR Business Process Outsourcing (BPO) can:
Our expertise in AP/AR intelligent capture and process automation helps lower costs and allows for timely information access and collaboration to streamline your customers’ approval processes. This results in shortened payment cycles, the opportunity for vendor discounts and automated vendor or customer collaboration. Our flexible model also takes into consideration changing systems integration requirements to eliminate change management requirements as your customers' environments evolve and change, eliminating field disruption and future unforeseen cost considerations.
We can integrate your AP and AR data into core data systems and workflows, making your financial information available whenever you need it. No need for searching disconnected electronic systems or physical boxes.
And once all that data is stored and organized, AP/AR BPO helps you identify potential opportunities for cost savings and critical financial and operational improvements. Having visibility and a complete view of your AP/AR function empowers you to make smarter financial decisions.