Accounts Payables

Velan is well aware of the fact that vendors are important stakeholders of an enterprises success. Many enterprises spend a major portion of their time and effort in processing accounts payable as it requires manual effort to reconcile invoices against purchase order and receipts.

We have experienced team to identify process improvements within the current accounts payable system and propose new solutions/systems that ensure timely payment of dues to vendors as well as manage invoice discrepancies and disputes. Our 24x7 customer service promptly respond to inquiries made by vendors/customers.

Our accounts payable services cover,

  • Review purchase requisition
  • Processing & placement of purchase order (PO)
  • Contract management
  • Vendor master creation
  • Invoices processing & disbursals of vendors
  • Employee expense management
  • Accrual entries

Outsourcing to Velan helps you gain control over payables across the enterprise irrespective of wherever it's located.