Accounts Payable Outsourcing (APO)
In day to day operations, you have to deal with a host of vendors across your functions. Managing all their accounts payable issues including invoice receipts, payments, tax deductions, managing statutory compliances can be quite a hassle.
Through our services in APO (Accounts payable outsourcing), we at Offshore Accounting and Taxation Services (OATS) have ensured that Accounts Payable can be managed smoothly and efficiently.
Offshore Accounting and Taxation Services (OATS) can manage
- Vendor contract management & archival
- Vendor bill booking, queue for payment, based on appropriate approvals
- Vendor payments in line with company policies
- TDS deductions and issue of certificates to vendors based on govt. regulations
OATS offers unique, well-defined and well-suited customer-centric vendor portal that ensures transparency to the vendors and saves time and efforts for the clients.
Some of the direct benefits, you can derive from our Accounts payable outsourcing solutions
- We adhere to SLA’s related to vendor payments and provide useful MIS for decision making about vendor performance and cost reduction
- Without adding additional manpower, we help increase efficiency in the entire accounts payable process
- By consistently making timely and accurate payments, we help increase vendor satisfaction