Accounts Payable Services

Accounts Payables

VeeFnA offers dedicated finance and accounting services to help clients grow, manage and scale their finance and accounting operations. It provides Accounts Payable (AP) services using automated processes and workflow management and reporting tools that cut down discrepancies while affording improved financial control and healthier profits. With the correct blend of processes, procedures and technology, VeeFnA creates a modular approach in AP management. Its AP solution consists of an integrated suite of services that streamline, automate and web-enable accounts payable functions.

VeeFnA's Accounts Payable Services include:

  • Document Services - VeeFnA handles the receipt and management of all paper-based payables documents
  • Transaction Processing - VeeFnA assist s data entry of all paper-based payables transactions, management of electronic invoice formats, front-end suspect duplicate control, and automated workflow initiation
  • Disbursement Services - VeeFnA sustains all aspects of payment process including cheque processing, expense claim processing printing and distribution, electronic payment handling, returned check processing, positive pay and other disbursement related services
  • Vendor Management - VeeFnA ensures Vendor Masters are updated and kept online and Liabilities are verified against agreed Purchase orders. It validates transactions for correctness, updates books for recording transactions and payments and undertakes periodic reconciliation with Vendor Statement of accounts
  • Invoice Recording
  • Invoice Payment & Reconciliation
  • Document Management
  • Compliance with Internal Policies & External Regulations
  • Reporting & Analysis

VeeFnA's Accounts Payable Management services provide end-to-end accounts payable processes. The company tailors solutions to address individual customer business rules even as it integrates with all leading ERP and enterprise-wide financial systems.

Accounts Payable

Vee enters the data of Vendor Invoices with or without Purchase Order.

Vee processes Invoices through our Inhouse Vee Cap Application or through any of the out of box application

Benefits for our Customers, using the VEE CAP Application

  • Total Paperless environment
  • Maximize cost savings
  • Efficiencies
  • Eliminates Paper base Invoice or Elimination of Paper based invoice
  • Control Over Invoice for Payroll Processing
  • Reduce Supplier Inquiries to Electronic
  • Capture Additional Supplier Discounts
  • Automate Invoicing with Large Suppliers
  • Improve Vendor Relationships
  • Eliminates printing and postage costs
  • 24x7 Tracking of Invoices
  • Submission for Payments

For more information please Contact us