40-60% Cost Savings
Experienced Team
300+ Clients in USA
OHI is one of the top accounts payable outsourcing companies since 2006, providing skilled and experienced accounts payable specialists at economical rates. Our experts have deep experience in accounts payable outsourcing processes. We process hundreds of invoices daily across real estate, logistics, online stores, IT companies, construction companies and multiple other businesses. We have high expertise in QuickBooks, Xero, NetSuite, Yardi (Genesis and Voyager), AppFolio, Timberline and Microsoft Dynamics. Our accounts payable services are performed with high accuracy and detailed processing by qualified accountants. We have worked with 300+ businesses across US, Canada, UK, Middle East, and Singapore among others.
The indicative standard charges for Accounts Payable Specialist and Accounts Payable Manager roles are listed below. Custom packages of 25, 50 and 80 hours per month are available.
Accounts Payable Specialist can perform activities such as 2 Way/3 Way matching of invoices with POs and GRs/Packing Slips, entry of invoices and utilities, coding of expenses, entering checks for further approval, tracking payables, vendor reconciliations and other miscellaneous accounts payable services.
Sr. Accounts Payable Specialist typically can provide the following services- oversee the processing and verification of invoices, coding of expenses etc, accounts payable aging reports, check-run processing, vendor coordination and handling vendor queries.
Handling and optimizing accounts payables (AP) is barely considered a core business function. Unfortunately, most real estate businesses focus more on marketing strategies and making sales than managing accounts payable properly. However, poor management of the process can ruin a […]
The amount owed by the business for the credit purchase of any goods or services is termed accounts payable. Accounts payable is vital for any business and a blunder in the accounts payable process can incur huge losses for the […]
Accounts Payable (AP) is the amount of money which a firm is supposed to give a person or a company that provides them with goods or services. Therefore, it is quite significant to manage these accounts smoothly and efficiently, which […]
Outsourcing accounts payable process is where accounts payable of a company is managed by some third party accounts payable companies. This means, as a business, you handover your accounts payable process to a company that specializes in it. Through account […]
Accounts Payable Outsourcing is a process in which a company outsource its accounts payable function to a third-party company. This allows the company to manage its accounts payable operations more efficiently, saving time and money.
One of the benefits of outsourcing Accounts Payable to OHI is that you can focus on other priorities while the Accounts Payable staff takes care of the billing and collections process. Additionally, outsourcing Accounts Payable can save you money in the long run because you’ll avoid the costs associated with in-house accounting and billing staff.
OHI offer a variety of services, including -Purchasing accounts payable processing services from a third-party provider
-Providing a managed accounts payable solution
-Offering a variety of accounting, business, and billing services
-Providing support for migrating to an outsourced solution
Consider the following factors when outsourcing your Accounts Payable function:
1) Cost – How much will it cost to outsource the function versus how much will it cost to maintain it in-house?
2) Efficiency – Will the outsourced function be more efficient than the internal Accounts Payable function?
3) Scalability – Can the outsourced function handle a growing number of transactions?
4) Quality – How reliable is the outsourced Accounts Payable function?
5) Governance – Who will be responsible for the outsourced Accounts Payable function and how will they be held accountable?
A company should look for an Accounts Payable Service provider that has a track record of providing high-quality services and offering a variety of cost-effective options. Additionally, the provider should be able to provide a wide range of advanced reporting and tracking capabilities to help ensure accurate and timely payments.
Outsourcing your Accounts Payable function can reduce costs and help you focus on more important tasks. By outsourcing this function to OHI, you can also improve your organization’s financial transparency and compliance with regulations.
