ACCOUNTS PAYABLE

OUTSOURCING

BY

RENUKA INFOCOM PVT LTD

ITES-BPO COMPANY
AN ISO 9001:2000 CERTIFIED
NEW DELHI
INDIA

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OVERVIEW
 The accounts payable process pays an important role
under the accounting process. Companies spend huge
expenditure on maintaining accounts payable process
depending upon the Purchases of the company from year
to year.

 If the accounts payable department is not strong enough

to track the outstanding dues at the end of each payment
period then huge cost is to be incurred for tracking the
exact payment to exact vendor at exact time. Additional
cost may be incurred like penalties on late payment,
interest, discount waivers, duplicate payments, wrong
payment to vendors or additional payments, etc.

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BENEFITS TO OUTSOURCE
 Improve the payment cycle.
 Building vendor’s confidence.
 Reduction of additional liabilities.
 Effective creditor’s management.
 Timely payments of Bills.
 Reduction in Management expenses like manpower cost,
infrastructure cost and communication cost by 40%-50%.
 Better Time Management with improved staff efficiency.
 In-Depth study of accounts payable expenses.

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AUDITING BY RENUKA’S
 Nature of payment to be made.
 Actual Amount due to the vendor.
 Checking full contact details of the vendor for which the
amount is due.
 Reconciling the purchase order with the invoice
received again for value of goods.
 Checking the due dates of the invoice.
 Checking the description of goods in the invoice with the
order placed.
 Any Advance payment made to the supplier against the
purchase order.
 Status of defective goods, received and goods returned.
 Debit note issued by vendor.
 Verification of taxes charged on the gross amount.
 Any other on spot verification or auditing.

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METHODOLOGY OPTED
FOR A/P BY RENUKA’S

SEND INVOICES WITH ACCOUNTS PAYABLE ST.

:
AUDITING
:
QUALITY CHECK
:
FINAL OUTPUT

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THANK YOU
PRESENTED BY

RENUKA INFOCOM PVT LTD

309-314 Aggarwal Millenium Tower,
Netaji Subhash Place, Pitampura,
New Delhi , India – 110034.

CEO, ROHIT GARG (C.A.)

E-mail : rohit.garg@renukainfo.com
US Toll Free : 1-866-682-8799
GSM : +91 93136 77799
www.renukainfo.com
www.accounting-outsourcing-india.com