Invoice Processing Outsourcing
Handling a large volume of invoices is a highly tedious and non-core task for businesses. It costs a lot of money processing these invoices with the high cost of labour in the developed countries. By outsourcing to an overseas invoice processing specialist, you can save more than 60% of your costs. Besides saving costs, you will also get an improved invoices processing process.
Integra offers invoice processing outsourcing services for businesses in UK and Europe from our operations centre in India. We customise our service based on your exact need. Let us look at some benefits of outsourcing invoice processing to us
- Cost savings of 60% or more
- Total solution including payables and receivable invoices
- Guaranteed quality of service and turnaround time
- Flexibility to adapt any invoice processing system / software
Invoice processing usually involves lots of manual intervention and the process often differs from one company to another. We have the infrastructure and expertise to handle all or any of the following processes
Receive your invoices at our offices in U.S. and U.K either electronically or through post-box.
Storage & Scanning
Scanners to capture invoices or store the invoices if received as email.
Data processing executives and OCR software to extract information from invoices.
Quality checks to ensure 100% accuracy and data integrity
Data Integration / Data porting
Export data to software of your choice (Oracle, SAP or any other accounting system).
Check invoices against POs and other data to ensure accuracy.
Code invoices with correct cost centre and forward for approval to the right people.
Produce a list of exceptions for internal resolution as pre-defined rules or notify as needed.
Store and manage back-ups of electronic documents for a minimum of 6 years and maintain secondary DVD backups.
Customized management reports and statistics based on your need.
Perhaps, you want to outsource a small function and based upon its success, want to do it more. Or you want to outsource all invoice processing functions straightaway. Whatever be your need, we are capable of taking it on. We will quickly analyse your requirements and propose an ideal solution. Contact us now to discuss your requirements.
- I thought it will take time to set-up outsourcing. But after I contacted you, it was all done very quickly and you were ready to start immediately.
After setting it up, I realised, how my time could be effectively spent on billable work. I like your quick turnaround and next day service. I am very pleased with Ramesh and Kumar, their quick response and "can do" attitude. They show great attention to detail and I particularly like their questions- It's obvious that they are paying attention to things like unbilled expenses, un-cleared items etc.,
Colin Stanford, Guildford, UK