The accounts payable process or function is immensely important since it involves nearly all of a
company's payments outside of payroll. Regardless of the company's size, the mission of
accounts payable is to pay only the company's bills and invoices that are legitimate and
accurate. This means that before a vendor's invoice is entered into the accounting records and
scheduled for payment, the invoice must reflect what the company had ordered, what the
company has received and the proper unit costs, calculations, totals, terms, etc.
Neolotex is an expert Accounts Payable BPO Services provider. We have been successfully
delivering customized Accounts Payable outsourcing services that are suited for any particular
business requirement. We offer technology backed quick and effective services that enable your
organization to streamline your finance and accounting processes and achieve operational
efficiencies. We do it with the utmost quality care so you can save time and money and spend
more time on what matters most – running a business.
We invest on innovative technology necessary to catch errors and correct them while still saving
client’s money. It comprises the features essential for an end to end process management, such
as Scanning, Invoice Processing, Approval and resolution management. It has internal controls
to prevent paying a fraudulent or inaccurate invoice. It also will prevent paying a vendor invoice
twice. The transformation of AP process via an automated system will result in better controls,
improved service levels and efficiency.
- Adherence to Regulatory Norms
- Assured Cost Reduction
- Emphasis on Data Security and Data Confidentiality
- Latest Technology
Service Feedback from clients
Dr. Ashok Nagpal
It has been a great experience of working so far with NeoLotex.
The good thing about working with your organisation is the flexibility and adaptability to customer’s requirements. The involvement of entire team including the highest level (you, Renjith, Praveen) from the requirement understanding level to implementation execution level has helped delivered the right requirement and adds greatly to our satisfaction.
To comment further on our file handling process, the tracking of not only the files but the specific documents inside the files as per our requirements is very diligent and gives us a confidence of no errors which has also lead us to move our critical document handling work to your organisation.
We definitely will look first to your services for our any future requirements in related areas and will be happy to recommend your services to others.
NeoLotex developed a bespoke solution for us in quick time and helped streamline our complex reconciliation activity. Along the way, Renjith and his team were ever-willing to make changes to continually improve the process, and impressed us with the intensity of their focus and professionalism. NeoLotex has been an extremely reliable partner in our growth journey.