Accounts Receivable Outsourcing Services | Accounts Payable Outsourcing Company India

Is your finance team overwhelmed by workload tracking bills and chasing receivables?

Does your cash flow management process lack controls?

Are your vendor and customer relationships straining?

Accounts Payable and Receivable Services for Global Corporates

Worry-free accounts payable and accounts receivable outsourcing services for global corporates done from India.

Finsmart Accounting’s Accounts Payable (AP) and Accounts Receivable (AR) services help reduce your cash flow burdens. We take away your load of managing AP and AR on a day-to-day basis. With our time-tested process, we bring efficiency and control, thereby reducing the processing costs and improving your working capital cycle.

We work with leading global accounting platforms, including in-house software. Partner with Finsmart Accounting for offshore AR and AP services in India.

Why Accounts Payable & Receivable Services?

Finsmart Accounting’s offshore Accounts Payable (AP) and Accounts Receivable (AR) services in India can help reduce your cash flow burdens to a great extent. We also help reduce your AP and AR processing costs, which will further improve your working capital. Finsmart Accounting operates from three locations – Pune, Mumbai, and New York, and has expertise in working with global accounting platforms including in-house software for AP/AR management.

The best thing is that we speak your language – both English and the language of your accounting software. Our trained offshore accounting professionals can effectively communicate with your teams and make sure that your accounts payables and accounts receivables outsourcing to India are a success.

Benefits of AR and AP Services Outsourcing to India

Reduce Your Delivery Cost

With cloud-driven AR/AP tools, resource location is no longer a challenge. The same brings down the delivery cost for accounts receivables and payables massively.

Scale Without Over Hiring

With our plug-n-play AR AP outsourcing option, you don't need to hire additional buffer staff. Focus on growing your business because we will take care of account receivables and payables for you.

Train Only Once

Once you define requirements and train our team lead on your AR AP requirements, the project runs on autopilot. That’s why we are the leading accounts receivable and payable service provider in India.

Hire Quality Bookkeepers

We can deploy quality bookkeepers on-demand to handle your AR AP function, with the least possible delay. This means you can start your AR AP outsourcing partnership with Finsmart Accounting right away.

Trusted FinOps Partner

With AI-powered technology blended with human expertise, we ensure timely deliveries and streamlined processes. Join hands with Finsmart Accounting for Accounts Payable and Accounts Receivable services in India.

Scope of work

Accounts Payable Services in India

We help our clients function at their very best, giving them full visibility into working capital with invoice processing and disbursements, vendor management and accounts payable aging reports. Here is the scope of work for our offshore accounts payable outsourcing services:

Receiving/downloading vendor invoices on behalf of clients
Validating the invoices against Purchase Order
Sharing mismatched/ disputed invoices with vendors for correction
Issuing matching invoices for approval as per Approval Matrix
Following up for approvals
Booking duly approved invoices in the AP System / Books of accounts
Issuing AP payment list as per vendor credit period
Liaising with vendors and attending to vendor queries if any

Accounts Receivable Services in India

At Finsmart Accounting, we work with clients to optimize operational performance with effective financial management, through services like order management, cash management, and debt analysis. The scope of work for accounts receivable services includes:

Preparation of sales invoices on behalf of clients
Follow up with clients for invoice payments
Issue of invoices to clients
Follow up with clients for invoice payments
Updating books of accounts for inward receipts
Resolving invoice related issues with clients if any
Flagging long outstanding or stuck-up cases with management
Sharing AR report and dashboard at agreed time intervals

Sign up process

Agreement Sign-Off

Step 01

Resource Onboarding

Step 02

Client Training

Step 03

Test Run

Step 04

Test Review

Step 05

Accounts Payable and Receivable Services for Global Corporates

Why Accounts Payable & Receivable Services?