Accounts Payable Services
With growing demands for transparency in fee and expense allocations and the increasing complexity of managing vendor relationships, contracts, and budgets, the accounts payable (AP) function has become more critical than ever.
IVP Accounts Payable Services offer a simplified approach for managers, streamline vendor management, contract tracking, invoice processing, and expense allocations with advanced automation. Offered as a managed service in tandem with Expense Allocation System (EAS)™ by IntegriDATA , an Indus Valley Partners company, firms can streamline labor-intensive tasks like invoice processing and transaction handling while maintaining full control and oversight.
SERVICES
Core Accounts Payable Services
To successfully manage complex accounts payable processes,
IVP offers a unique combination of bandwidth, automation, and domain expertise.
Our extensive array of AP services includes:
Vendor and Contract Management
Invoice Processing and Accounts Payable
Expense Allocation Management
WHAT’S POSSIBLE WITH ACCOUNTS PAYABLE SERVICES
Capture data from vendor invoices
Track aging invoices and identify hold-ups
Track credit notes and payments
Track contracts and control your expenses timely
Expedite approvals and allocations
Ensure on-time vendor payments and avoid service disruptions
Follow expense allocation policy
Avoid duplicate payments
Advantages of IVP Accounts Payable Services
Transparency
Ensure precise expense allocation, seamless regulatory compliance, and efficient vendor management from industry best practices delivered through a dynamic, auditable, fully digital platform.
Operational Excellence
Streamline back-office operations and enhance efficiency with a unified, audit-ready solution for vendors and expenses managed by seasoned accountants.
Data Security
Safeguard your data with services that leverage secure servers and platforms for managing your financial information. As an ISO-certified AP service provider, IVP is committed to the highest standards of data protection.
Lower Costs
Reduce operational costs by outsourcing AP and expense allocation automating processes, increasing efficiency, and improving accuracy, all of which minimize errors and reduce the need for extensive in-house resources.
Quick Turnaround
Expect swift, responsive service across all time zones so all bills and expenses are processed and paid punctually.
More Control
Mitigate operational risks by replacing manual tasks and checks with outsourced and automated processes that ensure robust financial and compliance controls.
Resources For Growing Your Firm
IVP’s Finance Forward Thinking
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