Accounts Payable (AP)/ Procure to Pay (P2P)
Accounts Payable (AP)/ Procure to Pay (P2P)
DeltaMark, one of the leading finance and accounting outsourcing company, believes in delivering efficient and effective accounts payable outsourcing services. Delta Account’s Payable outsourcing team is dedicated to take your business from conventional accounts payable solution to completely paperless accounts payable automation services.
Spend On Your Company’s Terms
Get that stack of invoices off your desk and focus instead on the tasks that get more revenue rolling into your business. DeltaMark can implement a complete procure-to-pay process that maximizes payment discounts and helps you avoid penalties. We’ll transform your paper-based A/P into an electronic workflow that enables you to see exactly what you’re purchasing and decide who and when to pay.
Effective accounts payable (AP) processes that optimize working capital, sustain cash savings initiatives, and enable long-term supplier relationship management can help organizations maximize profits and control the cost.
DeltaMark AP solutions and services combine process rigor with leading-edge technology, analytics, and transformation solutions to drive higher impact by enabling a more effective AP function. DeltaMark AP outsourcing services encompass end-to-end AP processes, including:
- Vendor Data Maintenance
- Receive Invoice and Verify
- Approval and resolution management
- Invoice processing for payment
- Disbursement
- Month-end and internal/external reporting
Account Payable Outsourcing Can Enable You To:
Maximize Profit
The first and foremost benefit of outsourced accounts payable is that it helps to enhance the working capital of the business and ensures its optimal use.
Reduce Processing Costs
With the help of Accounts payable automation, you can easily reduce the cost of processing. It helps in minimizing the total time required to complete the transaction.
Avoid Duplicate Payment
Outsourcing accounts is done by experienced professionals which mitigates the possibilities of duplicate payments.
Improve Consolidation
It streamlines the complete accounts payable system, making it accurate and ensures high quality standards.
Avoid Late Payment Fees and Penalties
Reminders and scheduling facility keep you up to date about your future payments and gives you the freedom from late payment penalties.
Never Miss an Early Payment Discount
Simultaneously, it rewards you the benefits of early payments by updating you about the profits of early payment, if any.
Eliminate The Need for Paper Invoice Storage
It becomes substantially easier with the help of accounts payable software, a paperless accounts payable system which maximizes efficiency and effectiveness.
Access Invoice Documents via the Web
It allows you to access the invoice online, making it convenient for you to access it from any corner of the world.