Efficient Accounts Payable solutions will help you streamline your accounts and finances, augment the operational efficiencies, and enhance a long term vendor relationship. Outsourcing AP process can save a lot of your productive time which can be invested to concentrate on your core competencies. Velan AP is one of the leading Accounts Payable service providers providing quick & reliable services for over a decade. We render our outsourced Accounts Payables services employing cutting edge technologies and expert accountants which would reduce your operational expenses to a great extent.
Document Management Services
On using Velan’s Document Management Services you can increase your productivity and visibility.
Invoice on time enables the firm to pay vendors on time and avail discounts thereby earn revenue.
Vendor Master Maintenance
Vendor Master Data Set-up/Maintenance include activities of requesting a new vendor or vendor changes.
Disbursement Of Payable
The tasks include the review and processing of invoices of the vendors that reference a purchase order and non-purchase order billings.
On doing this we ensure that the amount of accounts payable reported in the balance sheet is error-free.
Velan’s help desk provide voice & non-voice online support for the vendor queries. All queries are addressed on time with appropriate solutions.
- Manage critical cash flow trends.
- Identify opportunities to consolidate suppliers and achieve greater cost savings.
- Avoid paying late penalties and jeopardizing your credit rating.
- Utilize vendor discounts.
- Implement standard operating procedures for handling vendor payments.
- Make on time vendor payments.
- Prevent duplicate payments.