What is meant by invoice processing?

It's a process of fulfilling the payment quoted in the invoice by verifying the itemized bill, validating the same with the inventory, and entering data into ERP.

How long does it take to process an invoice?

It takes up to 25 days to process invoice manually and if a third-party service provider is approached, the process can be sped up marginally.

Outsource Invoice Processing Services

Is your business (B2B / B2C) unable to achieve high efficiency in invoicing because of the lack of time or resources? Invoicing plays a critical role in your company's future, as incorrect invoices can have a great impact on your enterprise's rankings and customer satisfaction metrics. With outsourcing invoicing, your organization can benefit from better business operations with regular, timely and accurate invoice management.

Flatworld Solutions is one such service provider who can cater to all your invoicing needs within a quick turnaround time. We have the required expertise to help you improve cash flow and efficiency.

Starts @
$12 /hour Read more

Invoice Processing Services We Offer

Having been in the financial industry for over 18 years now, we have the gained enough experience and can understand the exact requirements of the client and provide the services accordingly. Some of the key invoicing services we offer include -

Matching purchase orders to invoices
Validating data for the correct code, value etc.
Extracting data from the line items and header
Checking handling and cashing
Full logging of every transaction
Scanning original copies of paper invoices
Creating receipts of e-invoices
Creating PO receipts of supplier invoices

Invoice Software

At Flatworld Solutions, our invoice processors employ high-end invoice scanning technology along with the latest invoicing software, to achieve maximum accuracy within a short turnaround. By using invoicing software, we efficiently capture invoices/accounts payables (paper or electronic format) translate each invoice, classify the required information and finally enter the data into your financial system.

Some of the key invoicing software we leverage at FWS include -

Our Invoicing Processing Process

We believe in providing our clients with the best quality services. This is made possible by leveraging streamlined and systematic steps for invoicing. If you are wondering how to invoice efficiently, here's how we do it -

RECEIVE

You scan and send your invoices to us either by uploading it on our secure FTP or as an email attachment

PROCESS

Our invoice processors will receive your invoices and check the data for accuracy and complete the invoicing process

SEND

We will then import the processed data into your accounts payable system, in the format of your choice, via our secure FTP

If you are interested in knowing more, do read our article which lists the various Paper Invoicing Steps and Challenges.

Our Finance and Accounting Portfolio

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Other Services You Can Benefit From

Why Partner with FWS for Invoice Processing Services?

Over the years, Flatworld Solutions has been proving global organizations with customized invoice solutions for the automatic handling and processing of credit notes, supplier invoices, and accounts payable information.

We use automated invoice recognition software along with hi-tech web-based invoice approval workflow for the fast and accurate processing of purchase invoices (from receipt to payment). In India, we are one of the most acclaimed invoicing specialists, with over 100 customers and 130,000+ invoices processed every day.

Benefit from custom designed invoice service processes to help you reduce cost and accelerate your overall performance
Witness a sharp reduction in total number of errors with our automated invoice management technology and ensure accurate entry of all data like total amount, line item, vendor ID and date
Regularly view detailed reports of all the invoices that are processed along with the current status of your invoices and reconciliation summary statements
As a value addition to our smart invoicing services, we also perform reconciliations of the invoices processed with the vendor account balances to ensure accuracy
Save on the cost of buying expensive invoicing software
Free yourself from the tiresome process of hiring and training in-house invoice processors
Get access to our trained invoice processors with extensive experience in processing invoices with an unmatched accuracy rate of 98.9%
Benefit from fast invoice processing within 3, 6, 12 or 24 hours depending on the urgency of your requirements
Be assured of the complete confidentiality of your information with our efficient data security measures and secure non-disclosure agreements
Get the best-quality services from an ISO certified organization where all the processes are compliant with the Sarbanes-Oxley Act
Get access to the best infrastructure at FWS in terms of world-class office spaces, uninterrupted network connections, and latest financial tools and technologies
Be assured that all your documents will be completely safe as we use secure FTP and other highly secure file transfer apps
Get a free trial of our invoice processing service and once you are satisfied with the results, you can outsource the entire project to us
Avail flexible pricing models at Flatworld Solutions and pay only for the number of resources leveraged, tools used, and time taken to complete the project
Get access to a highly experienced team of invoice processing experts and a management team who has been in the industry for several decades now

Client Success Stories

Financial & Accounting Back-office Support

A Las Vegas-based Loan Production Office of a bank approached us with financial and accounting back-office support requirement. Our team provided the required service and helped the client to efficiently manage the huge volumes of paperwork.

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.

Outsource Invoice Processing Services to Flatworld Solutions

The best decision you can make for your business is to outsource invoice processing to an ISO certified organization like Flatworld Solutions. Read our article which highlights the 12 ways in which invoice processing automation adds value to your business.

By getting a large volume of invoices processed within a short turnaround time, you can be sure of achieving a high customer satisfaction score.

Get in touch with us right away, for the perfect invoice solution!