Laborious, time-consuming & repetitive nature of accounts payable function not only makes companies vulnerable to costly errors, but also drives focus away from core business activities
QX Global Group is a global Business Process Management (BPM) company providing outsourced accounts payable services to businesses across industries. Our unique People-Process-Platform approach allows us deliver highly personalised payables solutions which helps organisations achieve:
Eliminate onshore hiring costs and benefit from optimised processes to reduce operating costs.
Digitise processes to put an end to manual errors and improve overall invoice processing accuracy.
Certified infosec systems GDPR and SOC 2 to protect against data fraud. Fully compliant with regulations.
Our accounts payable experts will get back to you within 24 hours.
Set up a free consultation call to get started
Our experts identify your scope of work and challenges
QX submits plans for transition and AP transformation
Experience continual growth and improvement with QX!
Set up a free consultation call to get started
Our experts identify your scope of work and challenges
QX submits plans for transition and AP transformation
Experience continual growth and improvement with QX!
The QX accounts payable team works with all industry-standard software. Additionally, we are also flexible to incorporating any additional systems to suit your specific organisational needs.
Accounts Payable Optimisation for a Global Beverage Producer and Distributor
Read MoreBusinesses that make a high volume of purchases need to process bills efficiently. One of the first wake up calls for any business to consider AP outsourcing is if you are seeing too many errors, your operational costs are rising, or if you are finding it difficult to recruit and retain payables staff.
In addition, if you are also unable to gather data on vendor spends, losing out on potential volume rebates or struggling to maintain healthy supplier relationships, accounts payable outsourcing may have a positive impact on your business.
Manual, paper-based accounts payable processes can end up dragging down a company’s finance function – draining onshore resources and taking the focus away from strategic tasks. An experienced accounts payable outsourcing partner can give your business access to the right people, process and platform. This in turn, can bring about a whole range of benefits such as process optimisation, technology implementation and reduced operational costs.
Accounts payable is a key finance function that impacts supplier relationships and cash flow of businesses of all sizes, across industries. While startups usually consider AP outsourcing to eliminate costs involved in hiring AP professionals, SMEs look for such solutions to overcome business peaks & troughs and add scalability to their accounting functions.
In the traditional sense, outsourcing has often been associated with reduced business control. This can hurt businesses significantly, especially in cases where key functions like AP are involved – which is why, choosing the right outsourcing partner becomes the key. It is important to outsource AP to a partner that acts as extension to your onshore team rather than serving as a pick and dump. QX follows a unique partnership approach that allows us to devise customised solutions for our clients and ensure that you lose the cost and not the control.
Our accounts payable experts will get back to you within 24 hours.
