Make your accounts payable processing streamlined, and effortless and improve business cash flow with JC & Associates.
Businesses need to have reliable accounts payable services to maintain healthy relationships with suppliers and reduce the cost of working capital. In today’s world, where they’re merely a finger stroke away from all their crucial information, it’s even more imperative for organizations to dispatch the best accounts payable management systems. In these challenging times, a quality accounts payable service can be a great saving measure. Efficient accounts payable services ensure that all payments from your suppliers are made before the due date. Outsourcing the accounts payable process can help you save considerable time and provide financial oversight. Also, automated software can be a good option. The accuracy of the application reduces the chance of error, which allows you to save time and money.
We at JC & Associates offer a wide range of outsourced services, including outsourced accounts payable services, to all types of businesses and send them reports on their system. We provide outsourced accounts payable services that eliminate the need to hire personnel in-house for accounts payable. If you need outsourced accounts payable services, we are your go-to service provider.
Data Capture
Management of paper-based documents
Data Processing
Resolution and management of all transactions
Control mechanism for data
Disbursement
Major parts of the payments are handled in minimal time
Other AP Services
Some other accounts payable are available
What is your current Accounts Payable Process? How automated is your Accounts Payable Process? What is your current AP team size? What Accounts Payable application do you use? What is Accounts Payable Approval workflow?
What is your desired timeline for outsourcing your Accounts Payable tasks? How will vendor invoices be received by JC & Asscociates? Does JC & Associates work on our Accounts Payable platform, or do we work in your AP system?
We learn your Accounts Payable Process through your Accounts Payable experts by shadowing, reverse shadowing and parallel performing. To prepare for the outsourcing of your business process, we utilize your training videos and work instructions to create Accounts Payable Process training aids.
Your Accounts Payable team is selected from accounting graduates with multiple years of accounts payable experience. Many have experience with the accounting system you use. We train your AP team on your Accounts Payable Process.
Outsourcing accounts payable services can help you in the following ways :
You can focus core business activity, while being sure any of the payables doesn’t turn into debt.
Our pricing as compared to hiring the resources of an external CPA is far more cost-effective.
We make sure your payable dues are cleared on time and providing you the advantage of discount in most cases.
With the help of high-end accounts payable automation, your outsourced partner makes sure it is minimal, or zero error involve.
JC & Associates finds its place among one of the top accounts payable outsourcing companies. Whether you are based in Australia, the USA, Vietnam, or another part of the world, we can provide you with excellent accounts payable service for your business. Here are a few of the advantages you will get with JC & Associates.
Timely payment of invoices
Monthly, quarterly, and annual reports
Adhere to SOX compliance
Confidentiality of data shared
Cross-examining checks issued with the paid invoice
Experts without incurring overhead costs
Safe and secure 24/7 web access
No capital investment in expensive software
Digitization of Accounts Payable paperwork
When businesses purchase goods or services from their suppliers on credit, the amount payable forms a part of accounts payable. Accounts payable is a liability for your business. It is inevitable for a business to make purchases on credit at one point or another. The payment is made within the agreed-upon period, typically less than 90 days.
The accounts payables process involves four steps – acknowledging the invoice, approval of invoice, authorization of payment, and lastly, payment execution. While it might sound easy and simple, when the number of suppliers and number of transactions is high, you might have issues processing accounts payable on time.
Automating your accounts payable has several benefits. One main reason is to focus on core business activity and abide by audit regulations. As your business grows, you will have to increase the complexity of accounts payable tasks- which can be a burden. When you automate your accounts payable, however, you will have more time to focus on what matters- while having peace of mind when it comes to suppliers.
Ho Chi Minh Office:
No.2, Bat Nan Street, Quarter 01, Thanh My Loi Ward, District 2, Ho Chi Minh City
+84 282 222 5585 ( Mon - Sun)
www.jc&associates.com.vn
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