how to outsource your accounts payable
TRANSCRIPT
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How toOutsource Your
Accountspayable
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Choose youroutsourcingpartnercautiously
01Before you choose to outsource,speak with their existing clientsstraight away.
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Transparency isimportant inbusiness
02Ensure that you and your accountspayable in-house team have fullaccessibility to every phase of theprocess.
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Take the time tovisit theoutsourcingcompany
03Take the opportunity to understandtheir strong points, flaws and thebest way to correspond with them.
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Set KPIs (Keyperformanceindicators)
04This consists of the amount ofinvoices processed per month, errorrate, and on-time transactions.Create equivalent KPIs for theaccounts outsourcing company
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EmployeeInvolvement
05Best way to handle the update wouldbe to involve your accounts payablein-house staff.
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DisasterRecoveryArrangements
06You must make sure to create aprecise SLA, which you can fall backon.