Accounts Payable and T&E Solutions

Revolutionize your corporate spending with quick, precise and effective payables solutions.

 

For a business, its accounts payable and T&E processes have a huge impact on its cash flow, regulatory compliances and supplier relationships. However, many businesses continue to struggle with manual data entry of paper-based documents or inefficient processes. This usually leads to expensive discrepancies and inefficiencies.

QX delivers high processing accuracy and low operational costs through process excellence, standardized accounts payable (AP) practices, and strategic use of technology. With our solutions, your business will be able to exploit new cost saving avenues, improve working capital management, and build better supplier relationships.

TRANSFORM PROCUREMENT WITH RELIABLE ACCOUNTS PAYABLE AND T&E SOLUTIONS

BETTER TURNAROUND TIMES

The QX accounts payable team works closely with clients to improve TAT for key metrics, via process reengineering and technology implementation. For example, we helped a client reduce their invoice processing time from 3 days to 1 day from receipt.

SWIFT QUERY RESOLUTION

The QX supplier helpdesk follows industry best practices and protocols, along with a proactive approach towards rapidly recording and addressing supplier queries, while ensuring swift and satisfactory resolution.

EFFICIENT SUPPLIER MANAGEMENT

We time payments to optimize spends and gain maximum supplier discounts and rebates. We also offer rapport building with the supplier credit control team to manage cash flow during a cash crunch.

ENHANCED SECURITY WITH SEGREGATION OF DUTIES

Competent and efficient segregation of duties facilitates separate processing rights to different individuals at various stages of a transaction. This eliminates errors & payment-related fraud. Further, independent reviews of the work performed strengthens the process.

CUSTOMISED REPORTING

Gain top-level and in-depth visibility in your AP and T&E spends with dashboards and reports that are customized to meet the specific requirements of your business.

BETTER T&E

QX helps simplify the T&E process to deliver a better employee experience, while also gaining in-depth insights into labor and material costs for individuals and departments. We maintain a strong adherence to business’ T&E policy.

TRANSFORMATION AND DIGITIZATION SUPPORT

QX offers expert advice, consulting and support for process reengineering/optimization, technology upgrade, centralization efforts and digitization plans.

ARE YOU ON THE LOOKOUT FOR A PARTNER WHO CAN HELP YOU TAKE YOUR ACCOUNTS PAYABLE AND T&E PROCESSES TO THE NEXT LEVEL?
GET IN TOUCH

ACCOUNTS PAYABLE AND T&E SOLUTIONS

We design our solutions in such a manner that you can better understand and control your expenditure through process efficiency. We provide a high accuracy rate, thereby ensuring a smooth accounts payable process that allows you to focus on your mission-critical and higher-end tasks.

ACCOUNTS PAYABLE

SUPPLIER DIRECT DEBIT SET-UP AND MAINTENANCE
SUPPLIER INVOICE POSTING IN LINE WITH FINANCIAL POLICIES AND CHECKS
MAINTENANCE OF SUPPLIER LEDGER AND RECORDS
DOCUMENT MANAGEMENT WITH IN-HOUSE CUSTOMISED DMS
MAINTENANCE OF AUTHORISED AND DISPUTED INVOICES
SUPPLIER STATEMENT RECONCILIATION
EFFECTIVE QUALITY CHECK AT BOTTLENECKS/FAILURE MODES IN EVERY PROCESS
SUPPLIER PAYMENT RUN: AD HOC/WEEKLY/MONTHLY RUNS, INCLUDING INTERNATIONAL PAYMENTS
SUPPLIER HELPDESK: DEALS WITH CHASERS, SUPPLIER QUERIES AND ESCALATING ISSUES

TRAVEL & EXPENSE

ONBOARDING NEW EMPLOYEES
ADMINISTER PURCHASING CARDS (P-CARDS)
WEEKLY/MONTHLY METRICS BASED ON EXPENSES TYPE/EXCEPTION/APPROVAL ANALYSIS FOR BETTER INSIGHTS

QX SUCCESS STORIES

Get to know how we helped our clients optimize their P2P and other core F&A functions using a combination of the right People, Process, and Platform.

ACCOUNTS PAYABLE OPTIMIZATION FOR A GLOBAL BEVERAGE PRODUCER AND DISTRIBUTOR
Read More >>
ENABLING TRANSFORMATION FOR A LEADING UK-BASED MANUFACTURING BUSINESS
Read More >>

SOFTWARE ABILITIES

The QX accounts payable team works with industry-standard software to streamline finance and accounting. Additionally, we are also flexible with incorporating any additional systems in our solutions to suit your specific organizational needs.

PROPRIETARY SOFTWARE

You can either opt for QX’s proprietary PO system to streamline and digitize your accounts payable process, or we can work with your existing PO system. For companies that do not already have reliable software in place, these alternatives enable us to rapidly digitize and optimize the accounts payable and T&E processes.

RESOURCE ZONE

Tap to gain more insights into QX’s accounts payable processes and outsourcing.

3 ACCOUNTS PAYABLE PROBLEMS HURTING YOUR BUSINESS

For any business, a reliable accounts payable function is critical to its long-term success. Remove these barriers to make way for a seamless AP process. .

Read More

WHY SHOULD YOU OUTSOURCE YOUR ACCOUNTS PAYABLE FUNCTION?

CEO's, Finance Directors and Managing Directors can reap significant benefits by outsourcing accounts payable functions.

Read More

WHAT TO LOOK FOR IN YOUR ACCOUNTS PAYABLE PARTNER

You should ask yourself these questions to ensure that you're getting value for your money before choosing an accounts payable outsourcing provider.

Read More

PARTNER WITH QX TO TRANSFORM YOUR ACCOUNTS PAYABLE AND T&E PROCESSES.

GET IN TOUCH