Accounts Payable Services

Many accounts payable departments encounter recurring hurdles: reliance on manual procedures, a lack of standardized protocols resulting in elevated exception rates, and insufficient operational transparency hindering performance enhancement efforts. Moreover, delayed payments can tarnish vendor relations, particularly amidst volatile supply chains where fostering robust partnerships is pivotal for the sustained flow of goods and services.

Leveraging extensive expertise in finance transformation, our AP outsourcing solutions transcend mere transactional management – we optimize the entire process.

Our adept AP team, fortified by years of industry acumen, not only assumes control of your accounts payable operations but also injects a potent blend of financial acuity and cutting-edge methodologies. Drawing from our multifaceted background as seasoned consultants, former industry insiders, and hands-on BPO providers, we bring a holistic perspective to the table.

We deploy advanced digital tools and insights to strategically implement state-of-the-art innovations such as AP automation, artificial intelligence, machine learning, and analytics. This transformative approach elevates cash forecasting accuracy, slashes processing time and expenses, fortifies fraud detection capabilities, minimizes errors, and much more.

In today’s dynamic landscape, modern accounts payable departments are tasked with far beyond mere transactional upkeep. Entrusting your accounts payable functions to Inventh not only ensures operational efficiency but also empowers you to assume a strategic stance in steering a finance organization primed for future challenges.

  • Vendor Master Maintenance
  • Invoice Processing
  • Vendor Inquiries
  • Three-Way Match and Exception Handling
  • Travel & Expense (T&E) Administration
  • AP Period-end Reporting & Closing Activities
  • Procurement Help Desk
  • PO & PR Administration
  • Invoice receipt indexing & coding
  • Invoice audits & quality assurance
  • Vendor master data administration
  • Payment processing
  • AP aging analysis & reporting
  • Vendor communications & inquiries
  • Exception handling & vendor statement reconciliation
  • 1099 forms & statutory reporting

For Companies with Internal Accounting Staff

Having an outsourced accounting team doesn’t mean replacing your internal team. Some businesses worry that having a bookkeeper or a small accounting team internally might hinder working with an outsourced accounting firm. On the contrary, we value partnering with your internal staff and strive to support them through collaborative teamwork and top-notch financial management.

Businesses To Outsource the entire accounting department

Inventh offers a dedicated team of seasoned financial experts to each client, serving as their complete accounting department. Our Inventh teams consist of a CFO, Controller, Accounting Manager, and Staff Accountant. Weekly reports ensure thorough communication with stakeholders, fostering comprehensive financial transparency.

We are always inventing to deliver the best with technology and expertise

Every requirement is unique

We understand your individual challenges and can craft solutions to meet your specific needs.

We make the better companies.

We’ve helped organizations around the world transform their business and create lasting value.

Read About Digital Transformation

North America

14455 Webb Chapel Road, Suite 201, Farmer Branch, TX 75234

India

L- 3, Kalamassery, Cochin, Kerala, 682033 India

Let’s Talk

+91 484 486 4700 | +1 972 996 6001

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