Get Bespoke and best Accounts Payable & Receivable Management Services with UniquesAcc
Effective management of accounts payable and receivable is critical to running a successful business. However, it can be a time-consuming and complex process that distracts you from other important business activities. That’s why many companies outsource their accounts payable and receivable management to UniquesAcc. Our Accounts payable & receivable management Services offer a comprehensive solution to help your business streamline its financial processes and improve cash flow.
What are Accounts Payable?
Accounts payable refers to the money a business owes to the suppliers and vendors for goods/services it has received but not yet paid for. UniquesAcc accounting experts record and track invoices to assure that payments are made on time and conduct account reconciliation to ensure accuracy. Accounts payable must be handled by professionals since poor management can lead to cash flow problems, late fees, and damage to supplier relationships.
UniquesAcc provides a wide range of Accounts Payable Services which include
- Matching invoices with purchase orders
- Processing purchase orders
- Processing debit memos
- Processing standard pricing information
- Preparation and Processing of AR Aging Reports
- Processing of Monthly AP Ledgers
- Processing of Monthly Sales Tax
- Invoice Processing
- Payment Processing
- Vendor Management
- Reporting and Analysis
What are Accounts Receivable?
Accounts receivable refers to the money a business owes to its customers for goods or services it has provided but has not yet received payment for. UniquesAcc accounting experts issue invoices, track payments, follow up on overdue payments and reconcile accounts to ensure accuracy. Accounts receivable must be handled by professionals since poor management can result in cash flow problems and an adverse impact on the business’s financial health.
UniquesAcc provides a wide range of Accounts Receivable Services which include
- Sales orders processing
- Bookkeeping
- Invoicing and billing
- Invoice receipt verification
- Invoice reconciliation with payments
- Debtor Aging Report Preparation and Processing
- Bad Debts/ Delinquency Management
- Recovery suites handling
- Medical billing
- Denial management
- Tracking and follow-up of accounts receivable
- Payment follow-ups
- Credit Memo processing
- Customer reconciliations
- Credit Control Tools with Continuous Monitoring
- Dispute / Chargeback management
- CST C-forms/ GST Form collection
- Cash flow management
- Bad debt analysis
- Credit balance services
- Insurance verification
- Detailed and comprehensive reporting
Benefits of Outsourcing Accounts Payable and Receivable Management Services
Cost Savings
Outsourcing accounts payable and receivable management services can lead to significant cost savings for a business. With the latest technology and expertise, we can complete tasks more effectively than an in-house team. Plus, outsourcing with us will eliminate the need for a business to invest in technology, office space, and other resources necessary for managing accounts payable and receivable.
Increased efficiency & accuracy
Outsourcing accounts payable and receivable management to UniquesAcc means getting access to experienced experts who can handle these procedures quickly & efficiently. We offer streamlined processes and technologies that can handle tasks faster and more accurately than an in-house team. We ensure valuable insights and guidance for managing accounts payable and receivable.
Increased Cash Flow
Outsourcing accounts payable and receivable management services can also improve cash flow for a business. UniquesAcc provides streamlined processes and technologies that accelerate the payment process and reduce the time it takes to receive payment from customers and suppliers.
Improved Compliance
UniquesAcc experts stay updated with the latest relevant laws and regulations. Since we own expertise in regulatory compliance, we can help you follow all necessary guidelines and regulations.
Outsource superior accounts payable & receivable management Services with UniquesAcc
UniquesAcc is a trusted accounts payable and receivable management outsourcing provider. Our exceptional and customized solutions will help you avoid any errors or fraud. Our experts will help you streamline your payments and improve compliance. UniquesAcc provides top-quality solutions at the best market rates.