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Invoice Processing

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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Invoice Management Solutions Benifits

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.

Invoice Management Solutions

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:

Kofax
SAP Councur
Yardi
SAP Busineaa One
DocuWare
Access
Oracle
Microsoft Dynamics New
MN Real Estate Software
Tally
Sage

Choose the Best Finance & Accounting Outsourcing Services Provider

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

ACCA- approved Gold Employer

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

A steady stream of qualified accountants through the QX Academy

Stay on top of all accounting jobs with QX Tracker App

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

Other P2P Section Services

Schedule a no-obligation consultation