ACCOUNTS PAYABLE AND ACCOUNTS RECIEVABLE OUTSOURCING SERVICES

ACCOUNTS PAYABLE AND ACCOUNTS RECIEVABLE OUTSOURCING 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 lead to a significant impact on an organization. IBN's Mission is to help organizations run their business process more efficiently and more profitably with their AP & AR Functions.

Accounts payable (AP) and Accounts Receivable (AR) today is a strategic business function that optimizes working capital, enables more significant savings for the business, and helps improve supplier relationships. Many companies are using IBNs Accounts Payable Outsourcing Services, and they find that they save up to eighty percent on the cost of labour alone. Additionally, they save money related to errors on invoices.IBN also provides Account Receivable Outsourcing Services, in that process that allows small businesses to sell their accounts receivables and other invoices to an external financing company.

IBN offers Purchase to Pay Services (P2P), Order to Cash services (O2C), and Record to Report (R2R) Services with detailed Aged Debtors Report (ADR) as per client's 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

What makes IBN a perfect outsourced bookkeeping service partner for you


Time tested and proven bookkeeping services.

As low as $10 per hour or customised plan as per accounting quantity. Cost savings of up to 60% when compared to in-house bookkeepers./p>

Incorporated in Florida with operations in India.

Certified team of QuickBooks, CSA, Net Suite, Quicken, Peachtree, Sage, MYOB,Creative Solutions’ Ultra-Tax, Intuit’s Pro Series

99.99% Of Accuracy In the work delivered .

By utilising our part-time virtual bookkeeper you pay for only for the required work hours.

Your information is safe. ISO 9001:2015 / 27001 : 2013 company

Bookkeeping out of your hands, you will again be able to focus on you business growth and customer satisfaction.

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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