Accounts Payable is a form of credit that your business can avail from your suppliers. It allows delayed payment for products or services your business avail. Accounts payables should not be ignored at any cost as this will only disrupt cash flow and also ruin relation with your suppliers.It also affects your working capital, which in turn will lead to the lessening of the overall profit. A credit period is allowed by the creditors and suppliers, and in a few cases, you might avail discount when it is paid before the due date. But not paying on time might have a more significant issue like breach payment terms with your suppliers which might land your business in legal matters.
Whiz Consulting understand that accounts payable is essential to keep up with smooth cash flow and so we provide outsourced accounts payable services that help you do exactly the same. We prepare a daily, weekly, or biweekly report as per the need of our clients. We have an in-depth and detailed understanding of the customer expectations along with association with innumerable industries. We help you pay your creditors and supplier on time and in some case help you to avail discount for paying deligently.
We provide the following Accounts Payable Automation Services :
Management of paper-based documents that includes -
Management of the exception transactions that include-
Control and auditing mechanism-
This includes -
Outsourcing Accounts Payable Services can help you in the following manner :
Outsourcing menial yet important task like accounts payable helps you can focus on the overall growth of your business.
Accounts Payable Outsourcing pricing as compare to hiring in house resource or external CA is far more cost-effective.
When you hire a outsource partner, they are responsible for continuous tracking, thus helping to pay off payables on time.
An outsource partner utilises accounts payable automation software that enables in the reduction of any errors.
Whiz Consulting is one of the top accounts payable outsourcing companies in India. Here are few advantages listed that you can avail with Whiz Consulting -