In order to control & optimize the running capital fund of an organization, accounting team must meticulously monitor and follow up all Accounts Receivables both from local customers and overseas partners. Similarly, on time payments to all our vendors and partners around the world will enhance company’s image in the industry – This directly benefit the company in multiple ways like.
- Negotiate extended credit period which will again strengthen the running capital
- Bargain better pricing to make more profit margins
- Above all more business opportunities from happy business partners
As an extended office, our BPO team can take care of most of the Accounts Receive & Payable activities to the fullest satisfaction of the management and update on regular basis.
Below are some of the activities listed for your reference
Accounts Receivable
- Constantly monitor all A/R
- Send invoice copies along with SOA to all customers & overseas partners
- A/R follow up
- Customers & Partners Accounts Reconciliation
- Bank reconciliation
- MIS Reporting
Accounts Payable
- Job Closing
- Booking vendor invoices and ledger positing
- Payment process
- Accounts Reconciliation
- Bank reconciliation
- VAT Report submission
