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Deliverables - Accounts Payable

Accounts Payable​

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Accounts payable is the balance of money due by firm to vendors for goods or services delivered or used but no yet paid for. Accounts payables are listed on the balance sheet as current liability. 

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Accounts payable and its management is a critical business process through which an entity manages its payable obligations effectively. Right from on-boarding vendor to making payments at the right time is the key to run accounts payable lifecycle effectively.

 

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Fundtec’s Service Deliverable

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Our deliverables consists of customized reports for Accounts Payable function based on the industry and client’s scope of engagement. From Procure-to-Pay (including liaising with vendor for any queries), we work on every aspect of accounts payable lifecycle to optimize the processes and provide value additions to client’s liquidity. Our reporting is based on solid controls (like reconciliation and ageing) around the lifecycle and helps clients with a holistic view of the liquidity.