Accounts Payable Outsourcing

Outsource your accounts payables to us and relax as we take care of your business.

Outsource Accounting Services in Dubai

To survive in today’s era of competitive markets and industries, a successful business understands the need of improving their processes on a regular basis.

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Accounts Payable Processing

Accounts payable arise when you purchase goods on credit i.e. goods are purchased and even sold out but the payment to the supplier is made at a later point in the future.

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What services will be provided?

Payable workflow setup

Accounting software will be setup that will manage all your accounts payables. All the purchases transactions and creditor details will be entered into the system at each visit. The system will be able to track approval of orders and due dates for payments etc.

Vendor management

Digital copies of all your documents will be uploaded on the accounting software after being collected from their respective departments. Vendors’ information such as the name, address and payment terms will be entered as well as the default general ledger for the expenses to which the creditor belongs.

Employee expense processing

All the expenses incurred by the employees will be documented through collection of receipts of such expenses along with a list. These expenses will be entered into the system as well and will be paid according to their due dates.

Generation of reports

MIS reports, accounts payable ageing lists and other reports will be prepared by our team analyzing how your payables could be managed in a better way.

Discussion with management

 The conceived reports will be discussed with the management. Our team will guide you strategies and tactics on avoiding double payments or late payments; reducing purchase costs in general.