Invoice Processing Services

Empowering Business Operations with Accurate & High-Quality Invoice Processing Services

Accounts Payable Processing Services

With digitization taking over every aspect of office work, paperless workplaces are fast becoming a reality. Businesses around the world are striving to automate their processes to achieve operational efficiency and here also, digitization is proving to be a major enabler. Accounts payable is one business process where a major chunk of data is still handled in conventional paper format. In a recent survey by the Institute of Finance Operations, 70 percent of respondents said they were getting more than half of their invoices on paper. Processing paper invoices manually not only slows down your business operations but also takes a toll on your financial health.

To meet the challenges of the modern business world, entrepreneurs and companies are falling back on digital invoice processing services. Processing accounts payable electronically enables you to process more payments in a business day on one hand and adds to your operational agility on the other. Electronic processing of invoices also helps you break data silos and bring your finances in sync with other business-critical processes. DMS companies, scanning bureaus, and web development companies, in particular, can benefit a lot from invoice processing services. If accounts payable processing is not your core business, outsourcing invoice processing services to a reliable vendor is your best bet to process your financial data accurately and efficiently.

Outsource Invoice Processing Services To SunTec India

SunTec India is a reliable invoice processing company in India that caters to a worldwide clientele. We have a dedicated team of invoice processing experts that has a proven track record of delivering customized solutions to industries across the board. Our experts can process all sorts of invoices including vouchers, and purchase orders, etc. As a global leader in invoice processing services, removing paper from your AP processes is our specialization.

Pitching in as an extension of your in-house team, our experts can scan and index the account payable in a flawless manner. They can key-in all the required information in the appropriate file formats, extract the desired data, and validate the entries. Our experts help you avoid late payment penalties by performing accurate matching of POs with invoices. The aim of our services is to speed up invoice processing time and improve control and visibility into spend commitments. By working in close coordination with your team, we can deliver quality services within a quick turnaround time of 8 to 14 hours.

Our Accounts Payable Processing Services Include:

  • Indexing of documents
  • Matching of purchase order with invoice
  • Auditing and reconciliation of scanned invoices
  • Manual/automated data entry
  • Generating extensive reports
  • Logging of transactions
  • Deriving data from header or line items
  • Creating PO receipts of supplier invoices
  • Creating receipts of e-Invoices

An Insight into Our Accounts Payable Processing Procedure

Willing to walk the extra mile to ensure top-notch services, we have put in place a streamlined invoice processing procedure that ensures efficient and accurate processing of invoices.

Accounts Payable Processing Procedure SunTec India

Receiving

  • We work on the client’s own DMS via remote access to eliminate any chances of data loss.
  • Alternatively, you may post invoices to our secure and safe FTP hosting server, or send invoices as email attachments, or mail the hard copies.
  • Our system supports different file formats, eliminating any possible issues you may face while sending invoices.

Processing

  • We receive daily notifications of the batches that you upload.
  • Our invoice processors extract all the required information from the data.
  • We check the data for accuracy.

Delivery

Our team works directly on the DMS, so you may access the data in real-time.

In certain cases, we may work on the data offline and then import it into the accounts payable software of your choice.

We may also deliver the data via your secure FTP.

The experts at SunTec India are adept at extracting and indexing invoice attributes such as Document Type, Supplier Name, Document No., Currency, Document Date, Tax Point Date, Net Amount, VAT Amount, Gross Amount, VAT No., and PO Numbers, etc. Our experts can deliver customized invoice processing services in multiple languages including French, German, Spanish, and many more.

Latest Invoice Processing Software

Being a reputed provider of invoice processing services, we use the latest software and technology available in the market. By leveraging the invoice processing tools, we can capture account payable from both papers as well as electronic formats. Banking on our experienced team and access to cutting-edge technology, we have developed a capacity to process more than one million pages in a month.

Assurance of Data Security

As an outsourcing company with a vintage of more than 20 years, we do understand the importance of data security when it comes to invoicing processing. Hence, we adopt avant-garde methods to secure your business’ critical data. All our invoice processing services are ISO certified for quality and data security. We can also make customized data security provisions to suit your individual needs.

Invoice Processing Services: Unique Benefits of Partnering With SunTec India

Partnering with us enables you to resolve all your pain-points related to invoice processing, thanks to the advantages you get:

  • Data processed within a quick turnaround time of 8-14 hours
  • Dedicated invoice processing experts that work exclusively for you
  • The capability of processing 1 million pages a month
  • Data processed via cloud applications
  • 24x7 hours operations, even during weekends and your non-working hours
  • An ISO 9001:2015 & 27001:2013 certified firm for quality and data security
  • Invoice management experts who can work in English, German, French, Spanish, Swedish, and Italian
  • High level of automation to deliver clean processed data to client ERP systems

The decision to outsource invoice processing services is primarily about offering more value to your business and customers. We commit to helping you achieve that goal with technology-centered approaches, high-quality data, and innovation.

If you want to know more about our invoice data processing services, contact us with your requirements at info@suntecindia.com. You can also request a risk-free trial at no additional cost.

Client Speak

Client Speak

We used SunTec recently and were very impressed with their work. The results were very accurate data in a short timeframe. The staff were professional and thorough. We will not hesitate to use SunTec again for future work, and would recommend them to other companies with similar requirements.

Adrian Dick
CallPlus Ltd., New Zealand
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