Accounts Payable Outsourcing
Businesses today are frequently being challenged constantly to reduce costs, to drive productivity and to improve process efficiency.
Our innovative accounts payable outsourcing solution helps customers transform their accounts payable processes into a semi-automated system, driven by business rules. This results in lower processing costs, improved controls, higher service levels and higher business intelligence.
SLAS Infosolutions is a specialized finance and accounting outsourcing service provider since 2006, providing accounts payable services at economical rates. High expertise in QuickBooks, Xero, NetSute, Yardi (Genesis and Voyager), AppFolio, Timberline and Microsoft Dynamics. Our ap outsourcing services are used by 300+ businesses across sectors like real estate, construction, logistics & transportation, retail, manufacturing, IT firms and CPA firms.
Key Benefits
- Lower processing costs through a combination of technology and outsourcing
- On time payment eliminates late fees and generates early payment discounts
- Complete visibility to invoice status, open invoices, paid invoices through a variety of reports
- View co-relations between checks issued & invoices that have received payment
- Systematic record of all invoices for audit purposes
Our Credentials
- 300+ clients served across North America in all major states
- High client satisfaction – Most of our clients have been with us since 8+ years
- Senior management team with rich outsourcing and management experience since 2003 in global companies
- Staff with at-least six years of accounts payable outsourcing experience
- 99% accuracy rate, quick turnaround time
- High AP outsourcing expertise including 2 Way (PO) and 3 Way (PO and Packing Slips) Invoice Matching, Multi-Item Invoice entry, and other complicated AP processes
- Strong process documentation, detailed invoice entry with proper descriptions
- Strong quality check procedures
- Only Accountants perform accounts payable services ensuring higher accuracy, consistency and completeness of work
- SLAS Infosolutions processes more than 20,000 invoices monthly
- Spacious office set-up with modern facilities and uninterrupted power supply
Our Services
Our teams of accounts payable specialists and accountants have deep experience in accounts payable outsourcing and disbursement processes. SLAS Infosolutions processes hundreds of invoices daily across real estate, logistics, online stores, IT companies, construction companies and multiple other businesses. Our accounts payable services are performed with high accuracy and detailed processing by qualified accountants. SLAS Infosolutions does not use non-accounting staff to perform AP activities.
- Entry of invoices and payments
- 2 way/3 way matching of purchase orders with invoices and goods receipts/packing slips
- Allocation of invoices against right job, property or department (for construction and real estate clients)
- Processing of utility bills in the accounting software
- Ageing of payables and tracking of payables
- Weekly Check-run Processing (Only in Accounts Payable Manager Role)
- Regular accounts payable reporting
- Entry of Credit Card and Debit Card transactions
- Travel and Entertainment (T&E) expense reimbursement processing
- Accurate and timely vendor reconciliation
- Set-up of new vendors in vendor database
- Tracking vendors and sub-contractor records for ensuring compliance to workers insurance and other statutory requirements
- Vendor coordination and handling vendor queries (only in Accounts Payable Manager Role)
- Issue of 1099s to vendors (only in Accounts Payable Manager Role)
Software Expertise
| Software | Expertise Level |
|---|---|
| QuickBooks (QB) (QB Pro, Premier, Enterprise and QB Online) | High |
| Peachtree | High |
| Xero | High |
| NetSuite | High |
| Microsoft Dynamics (formerly Great Plains) | Medium |
| Easy Accounting | High |
| Caseware and Multiledger | Medium |
| Yardi - Voyager, Genesis | High |
| Appfolio | High |
| Timberline | High |
| ProLease | High |
| Tango | High |
| Realpage - Onesite | High |
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