Accounts Payable

Mentoris provides its customers Accounts payable services utilizing automated process and workflow management and reporting tools which enables customers to reduce discrepancies and provides them better financial control and enhanced profitability.

The following services are provided by Mentoris:

• Booking of vendors' invoices, as per client's purchase orders or business rules.
• Reconciliation of vendors accounts on a periodical basis.
• Handling issues relating to short supply, exception tracking and reporting , conflict resolution.
• MIS reporting.
• AP audit and audit trail.
• Payment advice and disbursement.
• Travel and expense reporting.
• Special or exception handling of payments.

Advantages of Accounts Payable Outsourcing:

Outsourcing the accounts payable process can help your organization by

• Reducing operational costs.
• Improve departmental efficiency and motivation.
• Providing a method of internal control by enabling real time tracking and reporting.
• Provide CFO and management better business intelligence access.
• Providing monthly reconciliation of accounts payable.
• Saving time and man hours for your employees allowing them to focus on higher value added activities and allowing focus on core competency.

The Mentoris Difference:

• Mentoris team has hands on experience of managing Vendor relationships.
• Pursuing strategies based on the best practices available.
• Mentoris's commitment to quality, detailed work instructions that provide consistency and its process orientation facilitates customer compliance to their Control processes.
  

If you are interested in our services