More and more companies are choosing to utilize an accounts payable outsourcing firm for accounts payable services. IBN offers accounts payable processing services to provide clients with the utmost quality care so they can save time and money and spend more time on what matters most – running a business.
As the market shifts toward using online technologies, businesses must adapt and renovate their services to competitors. The benefits of hiring an accounts payable outsourcing firm will save you money may surprise you.
It takes much time and labor to review invoices for errors. Many companies are using outsourcing payable outsourcing firms, and they find that they save up to eighty percent on the cost of labor alone. Additionally, they save money related to errors on invoices. This takes up too much valuable time that could be spent on improving the company and consistently increasing profits. Businesses that take advantage of accounts payable processing services report saving as much as $60 per invoice on error correction alone. IBN has the innovative technology necessary to catch errors and correct them while still saving client’s money.
IBN’s Accounts Payable Services: Purchase to Pay
The supplier reconciliation process is the process of matching transactions in books of accounts with statements provided by the supplier, which contains details of unpaid invoices as per his books. We’ll perform this process on a monthly basis, or basis as per client requirement and we also provide reports for the same. IBN has the technology to insure accurate reports, saving you much time and hassle.
The supplier payment process is efficient; the supplier is paid as per previously agreed upon terms with clients. IBN makes such payment from client directly from the client’s bank account.
Let IBN create a personalized plan tailored just for you. IBN will walk you through every step along the way and always take the time to thoroughly provide answers for any questions you may have. When you take care of our accounts payable processing services, you’ll start seeing a decrease in your business’ costs. Contact us via phone or email, and we’ll start showing you exactly how we can help your individual business.