To run a successful business, you need updated financial information at your fingertips 24x7. Accounts payable are one of the most crucial financial processes in any business. Efficient management of accounts payable is essential to managing working capital, increasing profit margins, saving money and maintaining good vendor relationships. Vee Technologies provides comprehensive workflow management and automated processes with reporting tools that help businesses get their financial processes under control, resulting in streamlined, easily manageable and web-enabled financial functions.
Vee Technologies utilizes our in-house applications for meticulous processing of invoices. We also have experience and expertise in external applications which we utilize as required according to client specifications. We are able to successfully integrate with several major enterprise-wide financial systems and ERP systems, so that our clients enjoy the benefits of state-of-the-art technology and processes at every level of the accounts payable process.
Our accounts payable services provide the following benefits for our clients:
- Increase work efficiency and productivity
- Increase cost effectiveness and cost savings
- Streamline and reduce paperwork to give you an electronic and updated system that is easier to access and manage
- Tracking of invoices can be done 24x7, effortlessly and easily
- Automated invoicing with larger suppliers that ensures timely payments, greater cash flow and revenue
- Additional supplier discounts are captured for greater profitability
- Enhance vendor relationships
- Submissions for payments is done in a timely manner
- Vendor invoice data can be entered with or without the purchase order
- Faster invoice payment and reconciliation
- Fully compliant with internal policies and external regulations