VeeFnA offers dedicated finance and accounting services to help clients grow, manage and scale their finance and accounting operations. It provides Accounts Payable services (APS) 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 Accounts payable Services (APS) management. Its APS solution consists of an integrated suite of services that streamline, automate and web-enable accounts payable functions.
Benefits:
Reduces operational costs, per invoice processing costs and cycle times
Provides a method of internal control by enabling real time tracking and reporting
Saves time and man hours for the client’s employees, allowing them to focus on core competencies and higher value-added activities
VeeFnA’s Accounts Payable Services (APS) 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
Invoice Processing – VeeFnA facilitates generation of Invoices (both manual and electronic formats) while adhering to customer work flows and ensuring timelines even as it interfaces with customers for receipt and processing of payments
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
VeeFnA’s (APS) 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.
You can also call us at 1-866-666-5442 or inquire via our contact form.