ACCOUNTS PAYABLE AND ACCOUNTS RECIEVABLE SERVICES

AP & AR are the most important and critical processes in every business. As when it comes to buying goods and services, Businesses face significant, costly and flawed A/P Processes, so the improvements there may leads to big impact on organization. IBN's Mission is to Help Organizations to run their business process more efficiently and more profitably with their AP & AR Functions.

IBN offers Purchase to Pay Services (P2P), Order to Cash services (O2C) and Record to Report (R2R) Services as per clients requirements clearly defined at the time of agreements and with well-defined SLAs in place.

Accounts Payable

  • P2P (Purchase to Pay)
  • Create Requisition Create PO PO authorization Sending authorized PO to the requester Receipt of Invoice Invoice approval Posting of Invoices in the accounting system Pay the invoices
  • Supplier Reconciliation
  • Payment Process
  • Handling Supplier calls
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Accounts Receivable

  • O2C (Order to Cash)
  • Quote Order Process Order Fulfill order Invoice customer Receive and apply cash Manager credit and collections.
  • R2R (Record to Report)
  • Risk management Budgeting & forecasting Management Reporting & Analysis General accounting & reconciliation
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INDUSTRY FOCUSED SERVICE

Following are the industries IBN has worked on and help them overcome the AP/AR Challenges.

  • Automotive
  • Banking & Financial Services
  • Capital Markets
  • Chemicals
  • Consumer Goods
  • Healthcare — for Payers & providers
  • Hospitality
  • Insurance
  • Manufacturing
  • Media and Entertainment
  • Recruitments
  • Restaurants
  • Retail
  • Telecommunications
  • Transportation and Logistics

Expertise

  • Team comprises of more than 100 man years involvement in different domains.
  • Qualified 5 year bookkeeping Graduate, CPAs, Chartered Accountants, CFAs, CMAs, and so on.
  • Qualified and experienced on all significant bookkeeping software and IFRS and GAAP.
  • Offshore Team is driven by US and UK Account Manager. Account Managers are industry experts with a wide exhibit of practical skill and area exposures.
  • Xero
  • Wave
  • Certified Intuit Point of Sale Pro-Advisor
  • Qualified Intuit Pro-Advisors
  • Netsuit
  • Intact
  • Quickbook
  • Bill.com

Certification

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How It Work / Transition Methodology

IBN is ISO 9001:2015 certified company and follows strict quality measures. We ensure that all risks ought to be limited for customer wishing to move business processes offshore. Our way to deal with Transition, Engagement, and Delivery coordinates the corporate business approach with a project management philosophy, and a set of tools, techniques, and abilities that outcome in effective project execution. Our way to deal with new project management addresses each of these basic parts

  • Transition ─ Transition phases and Activities
  • Engagement ─ consist of Engagement approach and model
  • Delivery ─ Data Management, Work flow and Communication
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