Accounts Payable Outsourcing

Accounts Payable Outsourcing

Accounts Payable Outsourcing

In day to day operations, you have to deal with a host of vendors across your functions.

Managing all their accounts payable issues including invoice receipts, payments, tax deductions, managing statutory compliances can be quite a hassle.

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Accounts Payable Outsourcing

Through our services in APO (Accounts payable outsourcing), we at Offshore Accounting and Taxation Services (OATS) have ensured that Accounts Payable can be managed smoothly and efficiently

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Services we offer

Vendor contract management

Invoice payments

Deduct TDSIssue statutory

certificates Creditors

Reconciliation

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Benefits

Increasing efficiency in invoice processing and overall vendor management

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Benefits

Avoid unnecessary expenditures and maintaining accuracy

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Benefits

Possible to access information across vendors through our proprietary vendor portal

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Vendor Login

Benefits

A highly efficient vendor payment process

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Illustrative Case – Accounts Payable Outsourcing

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Client : A large manufacturing company, having turnover of over INR 1,000 crores

Need : The company was facing issues related to excess payments to vendors, non-deduction of retention money as per terms of purchase order, errors in TDS deductions . They needed to streamline this process

Benefits• By outsourcing the Accounts payable process, the company was able to reduce costs, while

increasing efficiency in Vendor bill passing process• The company was able to meet management requirements with respect to MIS reporting• Company could focus its efforts on growth initiatives

Solution :• OATS offered to own and manage Vendor Freight Bill Passing Process.• OATS carried out the process study and designed the document for

Vendor Freight Bill Passing Process• The team at OATS put together a robust and comprehensive process

ensuring timely deliverables to the company

About OATS

Offshore Accounting & Taxation Services (OATS) offers customer-centric Finance & Accounts outsourcing solutions.

F&A Outsourcing

Accounts Payable

ConsolidationBank

reconciliation

Subsidiary Accounting

Tax Compliance

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About OATS

With the right investments in technology tools, a capable team and a strong network comprising of Chartered Accountants, Cost Accountants, MBA Finance, company secretaries, OATS provides unique value to its customers.

OATS is entirely committed to deliver a superior customer service experience and help you focus on your core business

Combining years of experience, cross-domain expertise and leveraging technology, OATS delivers cutting edge solutions to make ‘simplified accounting’ a reality

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Thank You

OFFSHORE ACCOUNTING AND TAXATION SERVICES PRIVATE LIMITEDSujam, Survey No. 81/5BPlot No. 1, Chandragupta Housing Society,Behind Maharaja ComplexPaud Road, KothrudPune – 411038. INDIA.Web : www.oats.co.inEmail : [email protected]

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Offshore Accounting and Taxation Services Pvt. Ltd.

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https://www.youtube.com/OATSFinance

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