Accounts Payable

Many enterprises still rely on paper work for accounts payable. Managing large volumes of paper invoices in a year is a difficult task. Apart from the manual effort involved, it entails high risks of error, issues with regulatory compliance, and lack of visibility into processes. From a management perspective, it is important to have accurate accounts payable records so that suppliers are paid on time, and liabilities are recorded in full and within the correct time periods. Otherwise, suppliers will be less inclined to grant credit impacting the business.

The CES team makes the end–to-end accounts payable process more efficient and effective. Our approach provides a measurable and significant impact, including greater accuracy, tighter compliance, and lower processing costs. We help clients with large and mid-sized enterprises worldwide achieve greater efficiencies, standardized processes, and improved performance on business metrics and Service Level Agreements (SLAs). Our team handles any source of invoice like hard copy (paper), email, fax, and process the complete cycle of scanning, indexing, coding, validating, approvals, payments process, posting and reporting.

We support different platforms like quick books, Basware, Navision, SAP, and Oracle, as well as handle different types of invoices such as general vendor payments, consulting services, employee payroll, travel and expense reimbursement, commissions and incentives and utilities.

Our Accounts Payable Services include:

• Vendor setup
• Vendor payments
• Expense reports
• Stop payment
• Allocation of expenses
• Payment reconciliation
• Wire payments
• Help desk