1. BENEFITS OF ACCOUNTS PAYABLE
MANAGEMENT SERVICES
SHANMUGA PRIYA

2. Accounts Payable Accounts Receivable

3. WHAT IS ACCOUNTS PAYABLE
MANAGEMENT
Accounts Payable Management alludes to the set of
strategies, policies and practices utilized by an
organization as for dealing with its trade credit
purchases.

4. ACCOUNTS PAYABLE MANAGEMENT SERVICES
As the company look for the approaches to enhance
performance and make value, outsourcing business
processes like low-value functions of accounts payable
and receivable management are the ideal place to
start.
The market for the Accounts payable outsourcing
organizations has seen many changes in the current
years, and what was once a developing trend are
presently turning into the typical part corporate
services.

5. ACCOUNTS PAYABLE MANAGEMENT SERVICES
Numerous organizations are exploring Accounts
payable and receivable outsourcing services that
can transform the cost trouble into an exhaustive
advantage that can possibly reduce the Accounts
Payable cost, and deliver bearable business value.

6. Accounts Receivable Management is important to the
success of our business and it includes all about
assuring that customers pay their invoices.
ACCOUNTS RECEIVABLE MANAGEMENT

7. The Handful benefits achieved through outsourcing
services:
• It reduces costs:
• It saves time:
• Go paperless:
• It improves Process:

8. 1. IT REDUCES COSTS:
Accounts payable management can reduce costs.
Business process Outsourcing companies generally
charge per transaction based on the transaction volume,
payable over the time of the agreement. Along these,
outsourcing not only empowers organization to convert
the fixed expenses into variable expenses, but also
enables them to concede the expenses over a more
extended period, freeing up capital for different
purposes.

9. 2. IT SAVES TIME:
• It diminishes labour intensive data entry.
• It diminishes processing and managing inquiry
time and it empowers the senior administration
team to have time for more important tasks.

10. 3. GO PAPERLESS:
Account payable outsourcing administration
computerizes your invoice processing with a
complete advanced work process solution from
receipt of receipt, supplier file recognition and
creation, purchase order check, administration
approval to supplier payment and future detailing. It
helps in eliminating paper storage.

11. 4. IT IMPROVES PROCESS:
Account payable administration helps in enhancing the
exactness of information. It enhances the record
streams, and it empowers staff to send the electronic
document, related records, undertaking and messages
to other employees and aides in financial detailing
data.

12. By outsourcing the low-value operations of Account payable
management, business has more chances to concentrate on
their core business operations.
Allsec Technologies understands all problems you are facing
while making payment. They provide wide range of services
that helps clients to manage end to end accounts payable
processing functions. Not just this, they provide various
services as listed below: