how to outsource your accounts payable

Post on 21-Apr-2017

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How toOutsource Your

Accountspayable

Choose youroutsourcingpartnercautiously

01Before you choose to outsource,speak with their existing clientsstraight away.

Transparency isimportant inbusiness

02Ensure that you and your accountspayable in-house team have fullaccessibility to every phase of theprocess.

Take the time tovisit theoutsourcingcompany

03Take the opportunity to understandtheir strong points, flaws and thebest way to correspond with them.

Set KPIs (Keyperformanceindicators)

04This consists of the amount ofinvoices processed per month, errorrate, and on-time transactions.Create equivalent KPIs for theaccounts outsourcing company

EmployeeInvolvement

05Best way to handle the update wouldbe to involve your accounts payablein-house staff.

DisasterRecoveryArrangements

06You must make sure to create aprecise SLA, which you can fall backon.

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