Accounts Payable
Streamlining Vendor Payments and Financial Compliance
We provide comprehensive Accounts Payable services for our wholly owned on-platform business units. This service ensures timely vendor payments, maintains tax compliance, and streamlines financial operations, contributing to our organization's financial accuracy and vendor relationships.
The Accounts Payable service is essential for maintaining efficient financial operations across our wholly owned on-platform business units. Our service includes:
• Invoice Processing: We manage the entire invoice lifecycle, ensuring accuracy and timeliness.
• Vendor Payments: We handle domestic and international payments, including bank file management and payment releases.
• Tax Compliance: We manage tax reporting (1099 and 1042) and Use Tax handling and reconciliation.
• Exception Handling: We address payment exceptions, returns, and error resolution promptly.
• Unclaimed Property Management: We oversee the process for managing unclaimed property.
• AP Customer Service: We provide support to vendors and business units for AP-related queries.
• System Support: We offer APHelper training, support, and system configuration.
• Financial Controls: We conduct internal audits and maintain financial accuracy through processes like monthly discount posting and open credit monitoring.
Our service ensures consistent, efficient, and compliant AP operations, supporting our organization’s financial health and vendor relationships. We continuously work to optimize processes and leverage technology to enhance our AP capabilities.
