Accounts Payables & Accounts Receivables Service

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Is your finance team overwhelmed by workload tracking bills and chasing receivables?
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Does your cash flow management process lack controls?
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Are your vendor and customer relationships straining?
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Accounts Receivables & Accounts Payables Service
Worry-free Accounts Payable and Accounts Receivables Outsourcing Services
If yes, you have come to the right place.

Finsmart’s Accounts Payables (AP) and Accounts Receivables (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 leading global accounting platforms including in-house software. Partner with Finsmart for AR AP outsourcing in India.

Accounts Payables & Accounts Receivables Service
Worry-free Accounts Payable and Accounts Receivables Outsourcing Services

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?

If yes, you have come to the right place.

Why Accounts Payables & Receivables Services?

Finsmart’s accounts payables (AP) and accounts receivables (AR) services 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. Team Finsmart has the expertise to operate 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 professionals can effectively communicate with your teams and make sure that your accounts payables and accounts receivables outsourcing to India is a success.

Why Accounts Payables & Accounts Receivables Service?

Finsmart’s accounts payables (AP) and accounts receivables (AR) service can help reduce your cash flow burdens. We also aid to reduce your AP and AR processing costs, which will further improve your working capital. We speak your language – Both English and the language of your software. Our trained professionals effectively communicate with your teams; we operate on almost all leading global accounting platforms including in-house software.
From Procurement to pay, our AP service provides

Increased controls
Increased efficiency
Enhanced savings

From Order to cash, our AR service provides

Decreasednumber of DSO's (days sales outstanding)
Increased visible into bad debts
Effective credit controls

Benefits of AR AP Services Outsourcing

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 receivables and payables 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 right away.

Trusted FinOps Partner

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

Scope of work

Accounts Payable Services

We help your organization to function at its very best, giving you full visibility into your working capital with invoice processing and disbursements, vendor management and accounts payable aging reports. Here is the scope of work :
  • Receiving/downloading vendor invoices on behalf of client
  • 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

We work to optimize your operational performance with effective financial management, with services like order management, cash management and debt analysis. The scope of work for AR includes :
  • Preparation of sales invoices on behalf of client
  • 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 client if any
  • Flagging long outstanding or stuck-up cases with management
  • Sharing AR report and dashboard at agreed time intervals

Scope of work

4646870

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 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
4647739

Accounts Receivable Services in India

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

$1200 /month

SPEND ALL YOUR TIME ON ADDING CLIENTS AND GROWING YOUR BUSINESS

How it Works

1
Agreement sign off

Resource Onboarding
2

3
Client Training

Test Run
4

5
Test Review

Go Live
6

How it Works

1.
Agreement sign off
2.
Resource Onboarding
3.
Client Training
4.
Test Run
5.
Test Review
6.
Go Live

How it Works

1.

Accounts Payable Services

We help your organization to function at its very best, giving you full visibility into your working capital with invoice processing and disbursements, vendor managements and accounts payable aging reports.

2.

Accounts Receivable Services

We work to optimize your operational performance with effective financial management, with services like order management, cash management and debt analysis.

How to Sign up

Select Services

- Dedicated Accounting Seats
n- Hourly Accounting Seats
n- USA TAx Seats

Select Resources

- Trained Accounting Resource
n- Multiple Accounting Resources with Project Manager

Complete Resource on-boarding

- Knowledge Transfer
n- Test Environment signoff
n Go Live

Engagement Models

Dedicated Accounting Seat

Get trained resources for 8 hours a day, 5 days a week.

Hourly Accounting Seat

Itu2019s often uneconomical for CPAs to hire bookkeepers exclusively to meet seasonal demand.

US Tax Seat

Finsmartu2019s US Tax Seat provides you with qualified, trained and expert resources to handle your clientsu2019 tax return preparations.

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Finsmart Enhances Accounting Efficiency of Leading Indian Telco

We were appointed to review the accounting function, and to establish new streamlined processes with higher efficiency. We discovered that the inputs were largely manual in nature and that the high volume of transactions translated to highly labor-intensive work.

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Get in touch with us

    Dedicated Accounting Seat

    Basic savings ideal for low balances and first-time savers

    MONTHLY MAINTENANCE FEE

    $4n

    MINIMUM OPENING DEPOSIT

    $25n

    Package Money Market

    Competitive savings accountu00a0rates only for Gold Checking Packageu00a0customers

    MONTHLY MAINTENANCE FEE

    $4n

    MINIMUM OPENING DEPOSIT

    $25n