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Accounts payable and receivable services in India

Worry-free accounts payable and accounts receivable outsourcing in India

Finsmart’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 almost all the leading global accounting platforms including in-house software. Partner with Finsmart Accounting for offshore AR AP services in India.

Why Accounts Payable & Receivable Services?

Finsmart’s offshore accounts payable (AP) and accounts receivable (AR) services in India can help reduce your cash flow burdens to a great extent. We will 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 the expertise to work with most 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 is a success.

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

AR AP Services Pricing

Dedicated AR and AP Seat

STARTS FROM

$1500 /month

SPEND ALL YOUR TIME ON ADDING CLIENTS AND GROWING YOUR BUSINESS

Sign up process

Agreement Sign-Off

Agreement Sign-Off

Direction Arrows
Step 01
Resource Onboarding

Resource Onboarding

Direction Arrows
Step 02
Client Training

Client Training

Direction Arrows
Step 03
Test Run

Test Run

Direction Arrows
Step 04
Test Review

Test Review

Direction Arrows
Step 05
Go Live

Go Live

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R&D, operations, production, sales, and customer support – there are many tasks that leaders have to deal with while running a business. While invoice management doesn’t seem as challenging as other functions, it’s critical for a smooth AR process. If managed accurately and in a timely manner, invoice management aid regular cash flow, check accounting […]

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