Accounts Receivable Outsourcing Services for Established Companies
Accounts Receivable Outsourcing Services to Help Established Businesses Receive Payments from Customers On-Time.
How To Outsource Your Entire Accounts Receivable Department or Just Add to Your Accounts Receivable Team?
Outsourcing Your complete Accounts Receivable Department involves the outsourcing of multiple Accounts Receivable tasks and the need for Accounts Receivable team members with different skill sets. The current As-Is process across all the Account Receivable functions is mapped. Who is performing what Accounts Receivable task, what are the upstream and downstream workflow steps are understood. What skill levels best match the Account Receivable functions being performed. What is the Account Receivable performance metric that needs to be established? What are the current controls in the Account Receivable workflow? Are there some Account Receivable tasks that could benefit from Account Receivable Automation?
Outsourcing only some functions in Accounts Receivable is simpler. Maintaining Customer Accounts, Generating Invoices, Posting Receipts, performing account reconciliation, and all other Account Receivable tasks get outsourced to GITHUB. We select the resource with the required skills and experience to work for you in that Account Receivable function. We manage the Account Receivable process to achieve your objectives.
Why Come to GITHUB for Your Account Receivable Outsourcing:
- Cost Savings provided by the account receivable outsourcing company
- Expertise of the account receivable service provider
- Improves Cash Flow with better tracking and follow-up on receivables
- Improved accuracy of account receivable transactions
- Account Receivable Services can be more efficient than doing the same task internally
What are the Benefits of Account Receivable Outsourcing with GITHUB Data
You benefit from having a qualified and trained Account Receivable team on your assignment who will help you achieve your Account Receivable department objectives.
Quick Set-up
We can put together a qualified team to work for you within 14 days.
Efficient Processing
We set up the process to handle all of your billing 100% on-time and assure quality.
Faster Payments
All Payments Are Made Electronically Through ACH/Wire For Efficient Payments
Scalability and Growth
With a large pool of qualified and trained analysts, we can quickly scale as you grow.
Control and Accuracy
Highly tested Quality Control methods to capture errors
What Account Receivable Tasks Are Outsourced:
Account Receivable Outsourcing Service Providers manage Account Receivable Tasks including Invoice Processing, Vendor Payment, and Expense Management
- Invoice Processing
- Vendor Payments
- Expense Management
- PO and Non-PO Invoice Handling
- Email Management
- Reconciliation
- Travel Expense Processing
- Coding Invoices
- Vendor Management
Managing Your Account Receivable Schedules Efficiently
Account Receivable Outsourcing Improves Cash Flow and Account Receivable Aging
How Do You Automate Your Account Payable Process
GITHUB Invoice Manager is a Cloud platform which utilizes Capture, Machine Learning, Artificial Intelligence and Process Automation technologies for Capture of data from Vendor Invoices, Account Payable Approval and Account Payable Process Management. Daily count of incoming vendor invoices is tracked. Vendor Invoice processing cycle times are tracked. The Account Payable platform is configured to manage exception workflow and assure that your vendors get paid on time.
Using Data Capture for Accounts Payable
Digital Transformation of Accounts Payable Process
Data Capture technologies of Optical Character Recognition (OCR) and Intelligent Character Recognition (ICR) are utilized to read and extract data from vendor invoices. The GITHUB Invoice Manager platform is configured to provide Data output files via API transfers, Dashboards to view Spend Data and Reports with actionable data that can be used for Analysis.
Improving Accounts Payable Management
Better Account Payable Management with Automation
GITHUB Invoice Manager provides a window into the daily Account Payable processing. How many vendor invoices received, processed and flagged as exceptions. What is Aging of the vendor invoices, what are Reason codes needing resolution, which invoices are missing charge codes etc., all such account payable tasks are tracked on the GITHUB platform.
GITHUB Data Compliance
ISO 27001
(PCI DSS 3.2.1)
ISO 27001 (formally known as ISO/IEC 27001:2005) is a specification for an information security management system (ISMS). An ISMS is a framework of policies and procedures that includes all legal, physical, and technical controls involved in an organization’s information risk management processes.
SOC 2 Type 2
AWS Secure Cloud Utilization
A SOC 2 Type 2 report is an internal control report capturing how a company safeguards customer data and how well those controls are operating. These reports are issued by independent third-party auditors covering the principles of Security, Availability, Confidentiality, and Privacy.
SOX Compliance
Sarbanes–Oxley Financial Compliance
SOX Compliance mandates strict reforms to improve financial disclosures from corporations and prevent accounting fraud. We support issues such as auditor independence, corporate governance, internal control assessment, and enhanced financial disclosure based on your SOX Compliance Protocols.
Accounting Systems We Are Experts In
