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Financial Services

Financial services blog category which highlights our expertise in the F&A industry. As a top rated BPO, ARDEM provides F&A services for all industries. We are experts in accounts payable, accounts receivable, bookkeeping and accounting, and more.

Jul 15
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accounts payable outsourcing accounting

Why Accounts Payable Outsourcing is Important for a Growing Firm?

By Bookkeeping and Accounting, Finance & Accounting, Financial Services
Growing businesses need to establish good relationships with vendors and suppliers. Vendors may often use varying types of invoicing standards or procedures, creating difficulties for the in-house accounts payable department. Such inputs can create problems and lead to erroneous databases that can disrupt the entire workflow and often lead to delayed payments and lost accounts.
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Jul 12
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accounts payable outsourcing money save time blog

How to Save Time and Money with Accounts Payable Outsourcing?

By Bookkeeping and Accounting, Business Process Outsourcing, Financial Services
Outsourcing accounts payable is when businesses hire a third-party service provider to manage their accounts payable process. This includes purchase order matching and entry, travel, and expenses, vendor management services, accounts payable invoice entry, credit card processing, check preparation, vendor maintenance services accounts payable payments disbursement. 
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Jun 24
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accounts payable outsourcing data entry

How To Outsource Your Accounts Payable Process

By Bookkeeping and Accounting, Business Process Outsourcing, Finance & Accounting, Financial Services
The Accounts Payable task is typically a long and tedious process involving extensive hours of redundant efforts to work through piles of paper-based invoices. According to Ardent Partners’ Accounts Payable Metrics that Matter in 2020, the top challenges holding Accounts Payable back are exceptions, lengthy invoice approval times, and too much paper. Read More

Jun 22
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automation insurance outsourcing data entry

How Automation Is Changing Insurance Data Entry

By Business Process Outsourcing, Data Entry Services, Financial Services
The insurance industry seeks to deploy the benefits of automation to flourish its daily operations and build efficient models. The industry caters to numerous data sets, such as claims processing, new customer applications, and underwriting – to name a few. The insurance sector encompasses heavy volumes of data entries, making it vulnerable to errors. 
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Apr 22
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Vendor Payments on time by CFOs

How CFOs are Ensuring On-Time Vendor Payments?

By Business Process Outsourcing, Financial Services, Industries, Management
Business is about relationships. Before revenue, profits, top line, bottom line, organic growth, inorganic growth, or any other things; it is about relationships. No jargon can define business more simply. It is much costlier to acquire a new client than to retain an existing one. However, relationships do not go till clients only. It is on the supplier side as well. You simply can’t afford to lose a vendor whom you can trust. The relationship between a vendor is as important as that of clients.
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