Outsource Automated Invoice Processing Services for Indian Business

Quick Turnaround Time With Invoice Processing Services


Invoice processing is an indispensable part of any business as every business provides either product or service in exchange for value. And as documentation or evidence of these transactions, invoices are a must. The number of invoices depends on the transactions a business goes through when it comes to a growing business; these are voluminous, and you might feel overwhelmed with the amount of invoice that needs to be processed. Inaccuracy in invoice processing can result in discontent among customers and suppliers. You must understand underestimated how menial tasks like invoices can affect your business efficiency.

Generally, your business deals with two invoices: Invoice based on Purchase Order (PO) and Invoice based on Non-Purchase Order (Non-PO). These are both processed by the Accounts Payable Department. While invoice processing can be handled manually or by way of automated software, but manual invoice processing can be time-consuming. And investment in automated software might not be convenient or cost-effective for some businesses. An easy way to tackle this time-consuming process is outsourcing invoice processing. At Whiz Consulting we provide invoice processing services to Indian business that helps them achieve high-level efficiency while helping to speed up the accounts payable receivable.

Invoice Processing Services provided by Whiz Consulting


Whiz Consulting has been offering invoice processing services to businesses of all sizes and various industries. We have served small and moderate-sized businesses and helped them rationalise their accounting processes, tax calculation, payroll management and thus helping them bring down the capital cost involvement.

  • High-end invoice processing software
  • Matching invoices with purchase orders
  • Crafting receipts for the e-invoices
  • Testing, handling & cashing
  • Auditing of scanned invoices
  • Obtaining scanned invoices from the client
  • Reconciliation of audited scanned invoices
  • Elaborate tracking of every transaction
  • Manual as well as automated Data Entry
  • Preparing PO receipts for supplier invoices
  • Document Indexing
  • Generating extensive reports

Whiz Consulting’s Invoice Processing Services Process


Sharing Invoices

The invoice can be shared either by email or via cloud storage services like Dropbox or Google Drive.

Processing of Invoice

These invoices are then reviewed and analysed by our experts for any inaccuracy or omissions.

Invoices Sent

Once the invoices are processed, the data entry process begins into the accounting software of your own choice.

Benefits of Hiring Whiz Consulting for Invoice Processing Services


Following are a few reasons why you will benefit from outsource invoice processing services by the expert team at Whiz Consulting -

Consistent Report

We provide detailed reports of all the invoices and reconciliation summary statements on a regular basis

Cost Implications

Save on cost that you might have invested on hiring in-house invoice processors or the long-term cost implications that follows

Qualified Team

You will get access to our invoice processing experts who are experienced and qualified with an accuracy level of 99.9%

Efficient

We provide fast and efficient invoice processing even within a short period without compromising on accuracy

Automation

With our service, you can save on the expense of spending high priced invoice processing software

Confidentiality

Your data are safe and secure with us. There will be complete confidentiality of your information with our efficient data security measures.

Frequently Asked Questions (FAQs)


Invoice processing in accounts payable is the process that revolves around supplier invoices—starting right from the receipt to final payment. Invoice processing involves all the steps involved in the process of receiving an invoice till paying it. However, as per the size of the business, the complexity of the method might increase or decrease. A large business might have a long and detailed process, while for small businesses is a shorter process.
You can easily automate your invoice process with the help of popular invoice processing software, but this will require you to hire an invoice processing professional. Another way to go about it is to hire automated invoice processing cloud services which helps you to save cost on the software and hiring dedicated personnel.
Invoice processing outsourcing is as safe as outsourcing any other accounting task. You might feel scared to outsource a job as your financial information is at risk. However, the selection of the right outsourcing partner will make all the difference. Additionally, a simple Non Disclosure Agreement (NDA) ease your mind.
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