1. Invoice scanning and storing.
2. Invoice processing & approval.
3. Expense allocation.
4. Online payment approval.
5. Payment Processing.
6. Handling of vendor inquiries.
7. Vendors bills posting onto the accounting system.
8. Advice on premature payment and discount availability.
9. Payment instructions drafting for the due payments.
10. Different drafting for credit and debit notes as well as the statement for the vendor accounts.
11. Vendor account statement reunion.
12. Timely reporting for outstanding PO commitments, unpaid amount of supplies etc.
13. Payables aging analysis, segment analysis, etc.
14. Vendors purchase history and price trends analysis.