Accounts Receivable & Payable Outsourcing Services
Intensify collection
Get paid on time with meticulous accounts and payment verification.
Improve Relationship
Manage accounts payable process and strengthen vendor relations.
Save Costs
Save funds on hiring an internal team by using offshore AR & AP services.
Perks of CapActix
Why outsource accounts receivable and payable services to CapActix?
Our managed accounts receivable outsourcing and accounts payable outsourcing services aid in improving profitability. Our team defines a meticulous approach to defining the strategic functioning of businesses and automating the cycle of AR and AP at a certain level using the best tools. Accounts receivable outsourcing will help you keep accurate records of received checks, deposits, and account balances. The team will also analyze and verify the bills, invoices, customer statements, debit memos, overdue debts, and more to make a 100% accurate and traceable process of account receivables. Accounts payable outsourcing will help streamline invoice management and implement a painstaking course of invoice checking and verification before processing. The team will also help in rectifying major concerns related to unauthorized or unallied budgets for certain purchase orders, mismatched bills, and other computational errors at the billing level to keep your vendor billing processing system highly accurate and the accounts payable process completely reliable.
Result Oriented Solutions
Our Expertise
Scope of Accounts Receivable Outsourcing Services:
- Invoice creations as per the products/service delivery and Estimates
- Invoice update onto the systems
- Accounts receivable details update on time
- Regular corresponding for receivables collection
- Accounts receivables ledger update on receipts
- Updating advances received, besides receipts against credit sales, etc.
- Dealing with incomplete payments by raising appropriate queries
- Preparation of account statements and updating clients for reconciliation
- Updating clients/touch points for differences in the reconciliation of records in account statements.
- Various accounts receivable analyses such as aging analysis, business segment analysis, customer area analysis, etc.
- Cash Flow prediction based on outstanding receivables
Scope of Accounts Receivable Outsourcing Services:
- Invoice creations as per the products/service delivery and Estimates
- Invoice update onto the systems
- Accounts receivable details update on time
- Regular corresponding for receivables collection
- Accounts receivables ledger update on receipts
- Updating advances received, besides receipts against credit sales, etc.
- Dealing with incomplete payments by raising appropriate queries
- Preparation of account statements and updating clients for reconciliation
- Updating clients/touch points for differences in the reconciliation of records in account statements.
- Various accounts receivable analyses such as aging analysis, business segment analysis, customer area analysis, etc.
- Cash Flow prediction based on outstanding receivables
Scope of Accounts Payable Outsourcing Services :
- Accounting system updates based on the purchase order, Bills, and goods receipt notes
- Analyzing the vendor’s approvals based on the follow-ups with vendors as well as purchase orders
- Resolving issues for the below-mentioned points:
- Unauthorized or non-budgeted purchase orders
- Unauthorized receipt of services/goods
- Non-receipt of services/goods against vendors’ invoices
- Miss-matching of vendors’ bills with purchase orders
- Computational errors in vendors’ bill
- Vendors’ bills posted onto the accounting system
- Advice on premature payment and discount availability
- Payment instructions drafting for the due payments
- Different drafting for credit and debit notes as well as the statement for the vendor accounts
- Vendor account statement reunion
- Timely reporting for outstanding PO commitments, the unpaid number of supplies, etc.
- Payables aging analysis, segment analysis, etc.
- Vendors purchase history and price trends analysis
Scope of Accounts Payable Outsourcing Services
- Accounting system updates based on the purchase order, Bills, and goods receipt notes
- Analyzing the vendor’s approvals based on the follow-ups with vendors as well as purchase orders
- Resolving issues for the below-mentioned points:
- Unauthorized or non-budgeted purchase orders
- Unauthorized receipt of services/goods
- Non-receipt of services/goods against vendors’ invoices
- Miss-matching of vendors’ bills with purchase orders
- Computational errors in vendors’ bill
- Vendors’ bills posted onto the accounting system
- Advice on premature payment and discount availability
- Payment instructions drafting for the due payments
- Different drafting for credit and debit notes as well as the statement for the vendor accounts
- Vendor account statement reunion
- Timely reporting for outstanding PO commitments, the unpaid number of supplies, etc.
- Payables aging analysis, segment analysis, etc.
- Vendors purchase history and price trends analysis
Hire At Your Convenience
Hire Dedicated AR/AP Executives
Result Oriented Solutions
Streamline payment cycle for clients and vendors to strengthen the union with them using our Accounts Receivable Outsourcing and Accounts Payable Outsourcing services:
Outsource your AR/AP functions to CapActix and relieve yourself from the endless hassle.
How We Help You Stand Out
Key Differentiators
01
Tangible Results
02
Excellent Tools
03
Thorough Verification
04
Top to Bottom Assistance
by experts.
Tech We Excel
Software we use
Acclaimed Appreciations
How do our Accounts Receivable Outsourcing and Accounts Payable Outsourcing Services streamline our clients’ cash management and budgeting, hear it from some of them:
The technology and process used by CapActix are very impressive. Vendor management, discrepancy handling, reporting, PO-backed and non-PO processes, and due management, the team CapActix is excellent in handling accounts for all types of payable jobs. We could save hundreds of hours the team used to spend to achieve the accuracy achieved with the outsource accounts payable services of this company.
Our accounting team was submerged in handling AR and AP jobs, and it was getting really daunting to manage things smoothly. That is when we decided to outsource accounts receivable and payable services to the experts. Team CapActix is highly professional, accurate, and timely. Despite having time zone differences, communication with them is a cakewalk for us. We love their services and attitude.
Keeping financial books updated after a tedious process of verifying invoices and bills is distressing for a small business like ours. Hiring a dedicated accountant was out of budget for us. We are happy to receive better accounts receivable and accounts payable management services at more than half of the cost of hiring an in-house expert. Thank you CapActix for a great job!
Our Focused Industries
Industries We Serve
E-Commerce
Franchise
Agriculture
Healthcare
Manufacturing
Real Estate
E-Commerce
Franchise
Agriculture
Healthcare
Manufacturing
Real Estate
