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Outsourcing - Procure to pay process

Outsourcing is a global automotive market. Its evolution brings the companies an edge to reap the best benefits out of cash on-hand. It helps in optimizing internal processes of the company. <br>

Vertigm
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Outsourcing - Procure to pay process

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  1. Outsourcing - Procure-to-pay process Outsourcing enables the company to take best advantage of the cash on-hand & optimize internal processes at their best level.

  2. How it works wonder • By hiring expertise • With an access to state-of-the-art technology • Boundaries are no barriers

  3. Commonly Outsourced ACCOUNTING Processes Are • Payroll Accounting • Accounts Payable • Accounts Receivable

  4. Two Key Characteristics of Excellent Outsourcing of A & F Services: • Simplifying process • Standardizing functioning

  5. Inclination of A & F is Towards “VALUABLE FUNCTIONS” • Begins from BASIC TRANSACTIONAL process • Goes onto STRATEGIC FUNCTIONS (like budgets, forecasts & internal audits)

  6. Benefits of outsourcing Financial & Accounting project • Cost savings • More efficient processing • Upgraded technology used • More information • More services • More cash • Reduce the cycle to close financial book • Controlled budget • Less errors • Rise in quality

  7. How Companies Hiring Outsourcers Utilize Its Benefits • Develop better benchmark • Set better baseline for regulatory needs • Expand the scope • Clear understanding of where spending • Improve policy compliance • Time to focus on core competencies

  8. Contact Us Website : http://www.vertidigm.com Email Id : info@vertidigm.com Contact No : 323-243-1750 Address :445 S. Figueroa St Suite 2600-2700, Los Angeles Ca. 90071

  9. Thank You for Watching

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