Accounts Payable

Accounts Payable Services

Enable a streamlined and efficient Accounts Payable process that facilitates smooth transactions between the organization and its vendors.

Streamline, automate, and reduce the cost of your Accounts Payable processes

The accounts payable (AP) process is critical to the success of any business. Streamlining the AP process lowers the cost of operations and improves vendor satisfaction, an essential but often neglected aspect of any business.

CES Accounts Payable services streamline the AP processes for improved vendor management and reduced turnaround time. Our cost-effective service takes into consideration all upstream and downstream processes and systems. Tracking and processing high volumes of invoices and related documentation can become extremely time-consuming and costly. Our proficient team can process the complete cycle of scanning, indexing, coding, validating, approvals, payments process, posting, and reporting. We also perform 1099 (tax) processing for distributing year-end tax documents to the vendors.

We help you achieve a well-defined Accounts Payable (AP) process and a well-lubricated AP system for transparent dealings where both the business and the vendor keep their end of the bargain with timely/quality delivery and on-time payments.

Key Offerings for Accounts Payable Services

Review

  • Reviewing and documenting the AP process

Streamlining the process

  • Centralizing AP mailbox
  • Identifying payment accounts and coding
  • Getting process approvals
  • Reporting templates

Identifying

  • Identifying key systems interfaces for the process (Ascend, Workday, etc.)
  • Establishing the integration across operating bank accounts

Executing the process offline

  • Includes new vendor setup, ongoing vendor maintenance, monitoring AP mailbox, performing expense audits, scanning & indexing of invoices, validation, financial approvals & allocation, coding or tagging payments, processing payments, and reporting.

How We Deliver Value?

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No Paperwork

Elimination of manual paperwork

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Centralization

Centralization of AP Mailbox

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Faster

Faster processing and payments

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Scalability

Scalability without adding headcount

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Accuracy

High data accuracy

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Cost Efficiency

Lowered processing costs

Know how we can help streamline your Accounts Payable processes save cost and improve vendor relations.

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