Over the years, our online accounts payable services have assisted companies in executing tasks about free credits, payable days, purchase order mandates, posting business transactions, salaries, invoice processing, verifying financial data, and more with a great degree of precision. Our focus on invoice mapping and reconciliation has helped our clients clear unpaid bills within deadlines and avoid getting penalized. In the process, we have successfully kept all our clients' stakeholders happy and assisted them to focus on all their mission-critical issues.

accounts payable invoice processing

1. Receive Invoices

Our team gathers all incoming invoices from vendors and suppliers for goods and services received

2. Verify Accuracy

We cross-check invoice details with purchase orders and receipts to ensure accuracy.

3. Record in System

Next, we enter validated invoices into the accounts payable system for tracking and processing.

4. Review for Approval

As a next step, we forward invoices to the appropriate department for approval before payment.

5. Schedule Payments

As a next step, we forward invoices to the appropriate department for approval before payment.

6. Prepare Checks or Transfers

Our team generates payment instruments like checks or initiates electronic transfers.

7. Reconcile Payments

Finally, we verify that payments match the recorded amounts and update the accounts accordingly.