Accounts Payable Outsourcing Services for Established Companies
Accounts Payable Outsourcing Services to Help You Lower Your Costs and Pay Your Bills On Time.
Outsourcing Your complete Accounts Payable Department involves the outsourcing of multiple Accounts Payable tasks and the need for Accounts Payable team members with different skill sets. The current As-Is process across all the Account Payable functions is mapped. Who is performing what Accounts Payable task, what are the upstream and downstream workflow steps are understood. What skill levels best match the Account Payable functions being performed. What is the Account Payable metrics that need to be established? What are the current controls in the Account Payable workflow? Are there some Account Payable tasks that could benefit from Account Payable Automation?
Outsourcing only some functions in Accounts Payable is simpler. Entering PO, non-PO invoices, Email Management, Reconciliation, Travel Expense Processing, Coding Invoices, Vendor Management, and all other Account Payable tasks get outsourced to ARDEM. We select the resource with the required skills and experience to work for you in that Account Payable function. We manage the Account Payable process to achieve your objectives.
What Account Payable Tasks are performed by the Account Payable Services Team
You benefit from having a qualified and trained Account Payable team on your assignment who will help you achieve your Account Payable department objectives.
We will assemble your Account Payable team quickly. They will be trained on your Account Payable system. They can begin working as your Account Payable team shortly, bringing in the results that you expect.
Your Account Payable process is set up so that every invoice that comes in is acted upon the same day. Exception Invoices requiring further action are tracked to ensure quick resolution. Your team takes on the ownership of every invoice from receipt to payment. Use of ARDEM Cloud Platforms bring Technology for further business process improvement.
Your Account Payable team processes the vendor invoices and can also help you make the payments to your vendors via Bank ACH/Wire.
As your business grows and your need for Account Payable services grows we can add qualified and trained Account Payable resources to your team. Short term volume peaks can be handled by use of available qualified team members who are on the bench.
Peer to Peer quality checking of Account Payable transactions as well as the use of random sample checking of transactions ensures that Account Payable process is robust and accurate.
“You guys Rock!! Thank you for your immediate attention on this project!”
“I am really impressed to see the pending invoices count, it’s decreasing and I am happy that everything looks really good.“
“You guys doing a very good job and I don’t have any concerns.”
“Everything has been great, and I especially appreciate how timely you are on responses.”
“We are happy with the turnaround time and service.”
“I think it’s been going really well and the assist is much appreciated from the team, especially with their properties. Been a big help so thank you.”
“Thank you guys for continuing to do a good job for us. We really appreciate it.
I’m really pleased by all the things that you guys have taken on, including
taking on board the UK that’s going really well. So we really appreciate it.“
“The team is amazing and I can’t see any issue with the processing you are handling everything very well.”
“It has been fantastic working with ADREM. With each project we give them, they continuously prove that they are worth our business. They can always be trusted for a well executed, professional, and speedy experience.”
“ARDEM provides an easy way to scale up or down based on volumes. There is no way we can keep up with the higher volumes, so the team has kept us up to date.”
“If you’re out of time and resources to get a critical project done call ARDEM! They’re quick to understand your goal and equally as quick to get it done and done right!”
“I have been working with Ardem for a few years – they are always responsive, professional and go the extra mile”
“I have had a very positive experience working with ARDEM. Everyone on the team is easy to communicate with and very adaptable to what we need. If there is ever a mistake made, they take the time to understand why it happened, and correct it going forward. Very impressed with their work so far!”
“A client begged us to get data form them same-day to meet an audit deadline. After jumping through a million registration hoops, we got them connect. [ARDEM] not only GOT to the account before I had a chance to…but then added TONS of history and ALSO for each datapoint aggregated usage, supply, delivery, etc. for two separate meters.”
“We have worked with ARDEM for about 10 years. They provide excellent customer service and accurate data entry. Thank you!”
“Open communication in a timely fashion. Excellent customer service.”
“We are very pleased with the professionalism and attentiveness of the ARDEM employees.”
“Very helpful, collaborative and clear communicators.”
“They are available whenever we need them even in short notice. So professional and efficient. It has been a pleasure working with ARDEM over the past few years.”
“They are always professional and very easy to work with. Responding quickly and efficiently.”
Your Account Payable team members are trained in most of the commonly used Account Payable systems. Very often they also have experience of working in these systems. They are all college educated with accounting degrees and you benefit from their experience in Accounts Payable.
Every Accounts Payable Outsourcing assignment begins with training of the team members on your specific accounting system, and your specific work processes. Thereafter the ARDEM team leads ensure that your Account Payable team members are performing the outsourced Accounts Payable tasks as per your requirements and are meeting and exceeding your expectations.
For Efficient Invoice Processing
Improve your accounts payable process with these 19 essential tasks for accurate and efficient invoice processing.
Improve Your Accounts Payable Management with ARDEM Invoice Manager
ARDEM Invoice Manager is a hosted cloud platform used for approval routing, tracking and processing of vendor invoices. It utilizes Capture, Machine Learning and Artificial Intelligence technologies for Invoice Processing and for the Management of the Account Payable process. Account Payable Spend Data can be further utilized for Predictive Analysis.
ARDEM Invoice Manager is a Cloud platform which utilizes Capture, Machine Learning, Artificial Intelligence and Process Automation technologies for Capture of data from Vendor Invoices, Account Payable Approval and Account Payable Process Management. Daily count of incoming vendor invoices is tracked. Vendor Invoice processing cycle times are tracked. The Account Payable platform is configured to manage exception workflow and assure that your vendors get paid on time.
Digital Transformation of Accounts Payable Process
Data Capture technologies of Optical Character Recognition (OCR) and Intelligent Character Recognition (ICR) are utilized to read and extract data from vendor invoices. The ARDEM Invoice Manager platform is configured to provide Data output files via API transfers, Dashboards to view Spend Data and Reports with actionable data that can be used for Analysis.
Better Account Payable Management with Automation
ARDEM Invoice Manager provides a window into the daily Account Payable processing. How many vendor invoices received, processed and flagged as exceptions. What is Aging of the vendor invoices, what are Reason codes needing resolution, which invoices are missing charge codes etc., all such account payable tasks are tracked on the ARDEM platform.
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