IBN caters to various industries with value added Accounts Payable (AP) & Accounts Receivable(AR) services, delivering cost effective processing for the clients in the US, UK and European regions. IBN’s AP & AR services help companies reduce and maintain low cost and effectively manage their operations. IBN offers Purchase to Pay Services (P2P), Order to Cash services (O2C) and Record to Report (R2R) Services as per clients requirements clearly defined at the time of agreements and with well-defined SLAs in place.
- P2P (Purchase to Pay)
- Create Requisition
- Create PO
- PO authorization
- Sending authorized PO to the requester
- Receipt of Invoice
- Invoice approval
- Posting of Invoices in the accounting system
- Pay the invoices
- Supplier Reconciliation
- Payment Process
- Handling Supplier calls
- O2C (Order to Cash)
- Quote Order
- Process Order
- Fulfill order
- Invoice customer
- Receive and apply cash
- Manager credit and collections.
- R2R (Record to Report)
- Risk management
- Budgeting & forecasting
- Management Reporting & Analysis
- General accounting & reconciliation
INDUSTRY FOCUSED SERVICE
IBN extensive experience and expertise is voice services will fulfill all your call center requirements. It helps you to achieve the maximum results. Our experience in Inbound and Outbound includes:
- Banking & Financial Services
- Capital Markets
- Consumer Goods
- Healthcare – for Payers & providers
- Media and Entertainment
- Transportation and Logistics
- Team consists of over 100 man years experience in various domains.
- Qualified 4 year accounting Graduate, Chartered Accountants, CPAs, CMAs, CFAs, etc.
- Trained and experienced on all major accounting software and GAAP and IFRS.
- Offshore Team is led by US & UK Account Manager. Account Managers are industry professionals with a wide array of functional expertise and domain exposures.
- Qualified Intuit Pro-Advisors
- Certified Intuit Point of Sale Pro-Advisor
- Xero Certified
- Wave Certified
- FreeBooks Certified Accountant
Operation and Infrastructure
Our offshore supported operation features includes:
Dedicated Onshore and Offshore Account Manager
Business Continuity Planning
Round the clock operations and quick turnaround time
Low cost of running noncore activities under more controlled environment
Daily/Weekly Operational Calls, Monthly BSC, SLA achievements, etc.
IBN infrastructure is equipped with a variety of software platforms implemented on a robust infrastructure comprising premium networking equipment and connectivity links.
Vast expanse of secure, ultra-modern office space that can be scaled up easily
High speed, reliable fiber optic, redundant dedicated lease lines internet connectivity
24/7 failsafe power supplies with instant backup
State of the art network equipment for better monitoring and security
IBN is ISO 9001:2008 certified company and follows strict quality measures. We make sure that all risks should be minimized for client wishing to move business processes offshore. Our approach to Engagement, Transition, and Delivery integrates the corporate business approach with a project management philosophy, and a set of tools, methods, and skills that result in successful project execution. Our approach to new project management addresses each of these essential components
- Engagement – consist of Engagement approach and model
- Transition – Transition phases and Activities
- Delivery – Data Management, Work flow and Communication
IBN prides itself on its ability to produce results within the field of Business Process Outsourcing and Offshore Application Development. The following case studies detail areas in which we have recently helped our clients produce significant results. IBN combines deep industry and business process knowledge, a ‘Building Blocks to Success’ approach, comprehensive service offering and a proven track record to deliver business value to some of the reputed companies in Financial Service, Accounting and Travel domain in the world.
IBN case studies shows how “IBN has helps its clients’ in saving Millions of Dollar”
The New Wave of Outsourced Hedge Fund Services
Due to the increased competition in the market, the hedge fund managers are working under peer pressure and are facing some tough challenges related to risk management and compliance. Hedge fund services are now getting special attention from the managers as they feel that the importance of a reliable outsourced partner is immense. With the right hedge fund outsourcing services, a superior degree of transparency can be achieved, while reducing the costs of operations a great deal..
“IBN provides an excellent service to us in maintaining our large database of monthly returns for various financial asset classes.
Their assistance with quantitative analysis is also invaluable.”
“Client is engaged in advising Fund Of Hedge Funds and providing technology facilitating the management of investment portfolios.”
“After months of researching 100’s of companies, visiting their offices, and extensive reference checks, we are extremely happy with our decision to select IBN. They have exceeded our expectations with consistent levels of specialized knowledge, quality, speed, and professionalism”
“After approaching IBN with a complex and bespoke requirement, I’ve been impressed with the professionalism and knowledge of Rajat, my technical contact and other”
“We are now entering the fourth year of our relationship with IBN.
This has been a hugely rewarding and valuable transaction for us with IBN as they are now responsible for the maintenance of data covering over 70% of the funds. “