Outsource Accounts Payable Services

Accounts Payable Services

Get access to high-quality accounts payable services and manage your cash flow and working capital better at prices starting from only $8/hour

Are you looking to better manage your cash flow and working capital? Are you looking for ways to develop and maintain your relationships with your vendors and determine potential cost-saving areas? Are you looking for further ways to increase your organization's agility and better comply with regulatory policies? If so, you need an efficient and effective accounts payable (AP) system in place, and we can provide just that for you.

We are a leading accounts payable services company and are committed to effectively automating your organization's processes concerning document management, transaction management, exception resolution, elimination of duplication, and disbursement-related services, to revolutionize your payment activities. We have over 16 years of experience in providing high-quality accounts payable outsourcing services to clients from all across the world, helping them increase efficiency and cut costs.

Our Accounts Payable Services

We provide a complete range of accounts payable services, including -

  1. Matching Invoices with Purchase Orders

    Matching Invoices with Purchase Orders

    We help with things like comparing and linking a supplier invoice to the underlying data on which the total cost is based, i.e., a goods delivery receipt and purchase order or contract. This is usually complex and time-consuming, but our professionals can get this job done for you at high-quality.

  2. Processing Purchase Orders

    Processing Purchase Orders

    We process your purchase orders, right from creation through to order approval, dispatch, invoicing, delivery, and closure. We include quality checks, budget checks, contract management, and more.

  3. Processing Debit Memos

    Processing Debit Memos

    We help with processing debit memos when, for example, a client has been undercharged due to a sales tax or pricing error. We create debit memo requests, remove billing blocks, execute billing, and perform system integration of debit memo processing.

  4. Processing Standard Pricing Information

    Processing Standard Pricing Information

    We can help with standard pricing information processing for any of your requirements.

  5. Preparation and Processing of AR Aging Reports

    Preparation and Processing of AR Aging Reports

    We create custom and comprehensive accounts receivable (AR) aging reports that accurately list out all unpaid customer invoices as well as unused credit memos by date ranges. With our aging report, you can efficiently determine which customers haven't yet paid and taken appropriate action.

  6. Processing of Monthly AP Ledgers

    Processing of Monthly AP Ledgers

    We provide expert and reliable processing of your monthly AP ledgers. Our team has successfully created numerous monthly AP ledgers for clients across the world.

  7. Processing of Monthly Sales Tax

    Processing of Monthly Sales Tax

    We can help you determine your monthly sales tax amount after considering various factors like total revenue and total costs. Our team of finance experts has experience and expertise in everything to do with sales tax.

Our Other Accounts Payable Services

As a leading accounts payable service providing company, we also provide the following services -

  1. Data Capture

    • Sorting
    • Batch preparation
    • Scanning
    • Document indexing
    • Document storage and retrieval
    • Receiving and processing incoming mail
    • Audit and reconciliation of scanned invoices
    • 100% availability of scanned invoices
  2. Data Processing - Exception Management/Resolution

    • Approval and exception routing
    • The shortened month-end closing process
    • Documented audit trail
  3. Suspect Duplicate Analysis

    • Manual and automated data entry
    • Three-way database matching
    • Electronic invoice processing
  4. Disbursement Services

    • Print and distribution of checks
    • Secured maintenance of check stocks
    • Online check proofing
    • Return check handling
    • Electronic payment handling
    • Special invoice mail handling
  5. Additional Accounts Payable Outsourcing Services

    • Utility bill management
    • Travel and expenses processing
    • Tax reporting
    • Supplier management
    • Special projects reports
    • Customer service
  6. Our Accounts Payable Services Process

    We are a leading provider of accounts payable processing services and follow a well-defined and systematic process for delivery of our accounts payable services, key steps of which are -

     

    01. Invoice Receipt

    At the first stage of Invoice Receipt, we will receive your hard copy and electronic invoices.

     

    02. Image and Data Capture

    All your documents will be stored as images and all the invoice images will be viewable.

     

    03. Process and Route

    In the Process and Route stage, the invoice documents are processed and are routed to the relevant customer executives for approval and a final resolution.

     

    04. Disburse and Archive

    The approved invoices will be uploaded to the customer's A/P system for payment through standard interfaces, on all accounting platforms. Once this is done, the invoices will be filed as “normal” in General Ledger. Since Flatworld also performs disbursements, the hard copies will be stored at our facility and the electronic images will be available online.

    Our Finance and Accounting Portfolio

    Other Services You Can Benefit From

    Why Outsource Accounts Payable Services to Flatworld Solutions?

    We are a leading accounts payable services company and provide our clients with a whole host of reasons to choose us. Some reasons to choose us are -

    • Cost-effective Pricing

      Our pricing structure is extremely reasonable and can fit all budgets. You will always receive the highest quality services at your budget.

    • High Quality

      Our efficient and accurate services ensure high-quality. We have multi-level checks in place to ensure that all our deliverables are of the highest quality.

    • Data Security

      We are committed to protecting your data and use every measure at our disposal to do so. Our ISO-certification also further demonstrates our commitment to protecting your data.

    • Quick Turnaround

      Our response times are the best in the industry and we always provide our services much quicker than our competition. You can be assured that all personnel will work doubly-hard to get you your services on-time every time.

    • 24/7 Customer Service

      Our call center agents are available 24/7 to address any of your queries. When you outsource to us, we also provide a dedicated project manager who will always be available and keep you updated on all project developments.

    • Save on Effort and Time

      We take care of all your accounts payable services, which allows for reduced invoice discrepancies and disputes and helps you strengthen vendor relations.

    • Compliance

      We comply with all the relevant regulations, including Sarbanes-Oxley compliance, which reduces discrepancies and increases financial control.

    • 24/7 Secure Web Access

      We provide 24/7 web access to customers, ensuring that they have full financial control. Our online repository also ensures that customers have easy access to their data. Our web-based reporting system also allows for real-time tracking.

    Client Success Stories

    FWS Provided Accounts Payable Servicess

    Accounts Payable Services Provided

    Flatworld developed a cash flow system for a customer to regulate the processing of the customer's transaction-related documents (invoice proof of delivery, bill of lading, etc.)

    Read more
    FWS Provided Billing Services for a Law Firm

    Billing Services for a Law Firm

    A leading law firm was looking for a cost-effective and reliable billing service provider. Our team provided the services within a quick time.

    Read more

    Outsource Accounts Payable Services to Flatworld Solutions

    Flatworld Solutions is a leading accounts payable service provider and has been in business for over 16 years, during which it has catered to clients from all over the world. We provide exceptional value-for-money and are fully confident that we can serve you much better than our competition. We are committed to delivering our services promptly and with full adherence to international quality standards.

    Contact our team now to avail of reliable and affordable invoice factoring support services.

    Contact us for high quality services at minimal costs.

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INDIA

No.6, Banaswadi Main Road, Dodda Banaswadi, Bangalore - 560 043


Corporate Court, #15, Infantry Road,
Bangalore - 560 001

PHILIPPINES

Lucita Building Lapu Lapu Cr. Sobrecarey Street, Davao City 8000

USA

116 Village Blvd, Suite 200, Princeton, NJ 08540