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Accounts ayable outsourcing companies

Author: Mynd Sol
by Mynd Sol
Posted: Nov 28, 2016

Manage your accounts best with Mynd Solutions

There are many responsibilities involved in running a successful business, but maintaining a strong control over accounts payable is among the most critical. If the organization does not have a proper oversight of these processes, it’s prone to errors that affect the company’s reputation negatively. Maintaining the account payable management will provide companies with the insight that they need to streamline their invoice processing, detect vendor fraud, maintain compliance with industry standards and a lot more. Thus, hiring accounts payable outsourcing companies can be very beneficial. Functions of accounts payable are:

  • Invoice receipts
  • Document imaging
  • Data extraction
  • Content management
  • Approval workflow
  • Reporting and analysis

Benefits that you receive from accounts payable are:

  • It reduces upfront costs
  • It deploys system sooner
  • It goes live quickly
  • Increases efficiency
  • Decreases labour cost
  • Minimizes risks
  • Manages solution provider relations

Mynd Solutions offers a wide range of accounts payable outsourcing management services, that help their clients manage end-to-end account payable function. They have adopted a 360° approach to managing the accounts payable function. At Mynd, it is understood that while making payments efficiently, cost-effectively and accurately are crucial for every well-managed account payables function in the organization. Clients are offered the unique advantage and flexibility to opt for the entire function-encompassing full service line or simply select a single module out of the varied designed options to suit the clients best. Account payable services at Mynd Solutions offer best in class performance and costs by facilitating effortless transactions and enhanced payable processes. Clients are offered the capability to transform Account payable process through an automated system that results in better controls, improved service levels and provides efficiency. Accounts Payable Tool at Mynd is dependable, customizable as well as cost efficient and thus offers unparalleled benefits for Economy, Control & Efficiency.

Mynd Solution's approach puts process at the forefront, understanding the value it brings to a company in driving frontend results such as customer satisfaction and retention, revenue generation and profitability. It couples deep process knowledge and insights with a focused IT approach, targeted analytics and pragmatic engineering to deliver a unified process solution. Mynd has successfully created a particular space for itself by delivering exclusive service offerings tailored for specific business and industry needs. Mynd is your absolute solution to successfully maintain your company’s account payable.

About the Author

Mynd Solutions is a leading service provider in business process and technology management, offering a broad spectrum of services in Finance and Accounting, Human Resource Outsourcing, Information Technology and Consulting.

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Author: Mynd Sol

Mynd Sol

Member since: Apr 14, 2016
Published articles: 3

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