accounts payable

Accounts Payable Outsourcing Services

The accounts payable (AP) process is critical to the success of any business. Streamlining the AP process not only lowers the cost of operations but also improves vendor satisfaction which is an important but often neglected aspect of any business.

CES provides accounts payable outsourcing services to streamline the AP process that includes invoice scanning, indexing, validation, and approval. The service takes into consideration all upstream and downstream processes and systems. Our service is flexible, cost-efficient, and quick to implement.

Service Features

Tracking and processing high volumes of invoices and related documentation can become extremely time consuming and costly. Our service focuses on:

• Reviewing and documenting
• Streamlining and automating
• Identifying key systems interfaces (Ascend, Workday, etc.)
• Executing offline in a cost-effective manner

CES also performs 1099 (tax) processing for distributing year-end tax documents to the vendors.

Benefits

CES has been helping customers develop and streamline accounts payable for many years in a cost-effective manner. Some of the benefits our customers realize are:

• Elimination of manual paperwork
• Centralization of AP Mailbox
• Faster processing and payments
• Scalability without adding head-count
• High data accuracy
• Lowered processing costs

CES also performs 1099 (tax) processing for distributing year-end tax documents to the vendors.

CES has the subject matter expertise and suite of solutions to streamline, automate, and reduce cost of your accounts payables processes and address any related challenges you are facing.

For more information, please contact us at sales@cesltd.com. Check out our blog on “The Importance of Vendor Management and Supplier Satisfaction in Business Efficiency and Growth”.