Accounts Payable Outsourcing
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Accounts Payable Outsourcing
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Transcript of Accounts Payable Outsourcing
Accounts Payable Outsourcing
Accounts Payable Outsourcing
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.
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Accounts Payable Outsourcing
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
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Services we offer
Vendor contract management
Invoice payments
Deduct TDSIssue statutory
certificates Creditors
Reconciliation
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Benefits
Increasing efficiency in invoice processing and overall vendor management
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Benefits
Avoid unnecessary expenditures and maintaining accuracy
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Benefits
Possible to access information across vendors through our proprietary vendor portal
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Vendor Login
Benefits
A highly efficient vendor payment process
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Illustrative Case – Accounts Payable Outsourcing
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Client : A large manufacturing company, having turnover of over INR 1,000 crores
Need : The company was facing issues related to excess payments to vendors, non-deduction of retention money as per terms of purchase order, errors in TDS deductions . They needed to streamline this process
Benefits• By outsourcing the Accounts payable process, the company was able to reduce costs, while
increasing efficiency in Vendor bill passing process• The company was able to meet management requirements with respect to MIS reporting• Company could focus its efforts on growth initiatives
Solution :• OATS offered to own and manage Vendor Freight Bill Passing Process.• OATS carried out the process study and designed the document for
Vendor Freight Bill Passing Process• The team at OATS put together a robust and comprehensive process
ensuring timely deliverables to the company
About OATS
Offshore Accounting & Taxation Services (OATS) offers customer-centric Finance & Accounts outsourcing solutions.
F&A Outsourcing
Accounts Payable
ConsolidationBank
reconciliation
Subsidiary Accounting
Tax Compliance
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About OATS
With the right investments in technology tools, a capable team and a strong network comprising of Chartered Accountants, Cost Accountants, MBA Finance, company secretaries, OATS provides unique value to its customers.
OATS is entirely committed to deliver a superior customer service experience and help you focus on your core business
Combining years of experience, cross-domain expertise and leveraging technology, OATS delivers cutting edge solutions to make ‘simplified accounting’ a reality
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Thank You
OFFSHORE ACCOUNTING AND TAXATION SERVICES PRIVATE LIMITEDSujam, Survey No. 81/5BPlot No. 1, Chandragupta Housing Society,Behind Maharaja ComplexPaud Road, KothrudPune – 411038. INDIA.Web : www.oats.co.inEmail : [email protected]
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Offshore Accounting and Taxation Services Pvt. Ltd.
OATS_Finance
https://www.youtube.com/OATSFinance
@OATS_Finance
