Accounts Payable Outsourcing
Businesses are always pressured to cut expenses, use the high quality services, and get the most out of their spending. NSRM provides entirely flexible and cutting-edge outsourcing services for accounts payable. This makes it possible for our clients to automate their intricate accounts payable procedures.
We offer following Accounts Payable Outsourcing Services in UAE
- Understanding the business process and internal controls
- Establishing the work flows and separation
- Invoice intakes and file management (digital /hardcopy)
- Invoice processing (Validation and approval)
- Invoice payment (Cheque/Electronic)
- Reconciliations and records management
- Month/Year end financial/Analytics reports
- Vendor maintenance support
There are several advantages to outsourcing accounts payables, including lower processing costs, better working capital and payables management, the elimination of duplicate payments, enhanced financial control, fewer invoice inconsistencies, better dispute resolution, and improved vendor relations.