Advantages

 

• Updated Financial Information. Financial books closed every month ensuring proper cut-offs and accruals on periodical basis.

• Flash Report highlighting key financials sent to the management on a daily basis

• Complete access to the financial information on the web giving them the tools to take timely business decisions.

• Client has online access to invoice approval.

• Daily monitoring of funds position resulting in efficient planning of bank lines

• Invoice processing being done on a daily basis. 24 hour turnaround made possible due to offshore processing

• AP sub ledger tallied with the control account every month

• AP open position accurate leading to better vendor management

• AR sub ledger tallies with the control account.

• Customer accounts reconciled on a regular basis.