Procure to pay Procure to pay

Outsourced P2P Solutions

Overcome issues related to manual procurement, reduce operational costs and shift focus to core business activities

Discovery Call

Procurement, or Procure to Pay (P2P), is a critical finance function that involves multiple steps and is pretty complex in nature. As you can imagine, this can result in manual errors, increased operational costs and take the focus away from value-driven initiatives.

QX Global Group offers a wide range of outsourced P2P solutions to clients in the US. Our deep industry expertise and unique partnership approach allows us to closely understand our client’s specific organizational needs and devise customized solutions. Propel your company’s P2P processes, implement latest technology, reduce spends and get your onshore teams to focus on core business with QX’s outsourced P2P solutions.

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Benefits

Process Optimization

Optimize P2P process to improve team efficiency and increase accuracy.

Experienced Teams

Team up with industry experts to stay on top of dynamic regulatory needs.

Digitization Support

Leverage latest technology & tools to add agility to your P2P processes.

Data Security

Ensure end-to-end data security and privacy for your company’s financial information.

Reduced Costs

Achieve cost savings of up to 50% by partnering with P2P specialists.

Customized Reporting

Gain access to insightful financial data and take smarter business decisions.

Services

Services

Accounts Payable and T&E Solutions

For a business, its accounts payable and T&E processes have a huge impact on its cash flow, regulatory compliances and supplier relationships. QX Global Group’s AP and T&E solutions allow businesses to discover new cost saving avenues, improve working capital management, and build better supplier relationships.

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Invoice Management

Invoice management is often a time-consuming and laborious activity, especially for accounting departments that handle a significant amount of paper invoices. Through its Invoice Processing solutions, QX helps businesses optimize the invoicing procedure, implement customized automation solutions and design a precise and efficient invoicing/billing process.

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PO Management

Business that handle a large volume of supplier-related transactions often find it challenging to ensure timely material & service delivery while maintaining healthy business relationships. QX’s Purchase Order Management solutions allow businesses to digitize and automate the ordering process, handle orders from multiple locations, improve order tracking, and gain better visibility on business spends through insightful reporting.

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P2P Reporting

QX provides in-depth, timely and accurate reporting on all the key P2P aspects using intuitive dashboards. We are also capable of personalizing reports to fulfil the specific needs of your business, while adhering to industry best practices. This helps our clients stay on the top of business finances and optimize their procure-to-pay process.

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Supplier Helpdesk

Due to digitization, suppliers and vendors in today’s world expect easy access to information and responses online. QX’s Supplier Helpdesk Support solutions easily enable suppliers to access relevant information. These services help reduce supplier queries, while also recording and quickly resolving any queries that may arise.

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Supplier Master Management

Any organization that handles a large volume of supplier-related transactions finds it challenging to extract relevant data and insights from supplier and item master records. QX’s Master Data Management solutions help organizations across industries to improve the accuracy of supplier/vendor data. Additionally, we help you unlock actionable insights for better decision making, while reducing the cost of accounting operations.

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Software Capabilities

The QX team works with a combination of software to transform P2P processes for our clients. In addition, we are also open to working with your existing systems or any other software that might suit your business needs better.

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Access

Choose the Best Accounting Outsourcing Solutions Provider

SOC 2 and GDPR Compliant

An award-winning company that is both SOC 2 and GDPR Compliant

acca

ACCA- approved Gold Employer

ISO 27001 compliance for security

ISO 27001 compliance for security & ISO 9001 compliant for quality management

A steady stream of qualified accountants

A steady stream of qualified accountants through the QX Academy

QX Tracker App

Stay on top of all accounting jobs with QX Tracker App

Flexible engagement models

Flexible engagement models catering to all requirements, whether big, minor, temporary, or permanent

Explore Resources

Blog

10 Reasons to Automate P2P Function

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Case Study

AP Optimisation for a Global Beverage Producer & Distributor

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Blog

6 Benefits of Automating AP for Your Business

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FAQs

Here are some of the most frequently asked questions around P2P outsourcing. If you have a question that isn’t answered here, please feel free to contact our sales team – they’ll be happy to help!

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