Invoice Processing Services

Optimize your cash outflows, gain visibility on the entire invoice management process, and ensure timely payments

Faster, Accurate and Straight Through Processing with Streamlined Invoicing Procedure

Invoice management is often a time-consuming and laborios activity, especially for accounting departments that handle a significant amount of paper invoices. Processing errors, delays and duplication issues often hinder the entire P2P cycle.

QX helps businesses optimize the invoicing procedure, implement customized automation solutions and design a precise and efficient invoicing/billing process. With QX’s dedicated team working on your process in India, your onshore staff can focus on higher-end activities with the assurance of quality invoice processing.

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Benefits

Transformation Support

Achieve electronic invoicing for straight-through processing by automating the invoice process using OCR tools.

Optimized Cash Flows

On-time payments help avoid any late payment penalties, early payments can help you gain maximum rebates or early discounts, and delay payments where practicable to optimize cash flow.

Improved Vendor Relationships

Timely payments and clear communications pertaining to delays ensure that your relationships with vendors stay strong.

Reduced Costs

Gain control over the cost of accounting operations without losing out on quality with QX’s dedicated offshore team.

Solutions

Purchase invoice approval/authorization
Invoice capturing
3-way and 4-way invoice matching
Managing discounts and allowances
Vendor query resolution
Intercompany invoicing

SOFTWARE CAPABILITIES

We work with all major P2P and invoice processing software and can easily work with your existing platform as well. Some of the software we use on a regular basis include: