Accounts Payable
Companies today are continually being challenged to reduce costs, extract the most value possible from their expenditures, and meet complex regulatory requirements. Bab Alnahda Project Development & Consultant’s innovative and flexible Accounts Payable Services provide customers with the ability to transform their accounts payable processes into an automated system which is driven by business rules, resulting in lower processing costs, improved controls, higher service levels and higher business intelligence. These services have been developed by API based on its extensive process experience and deep understanding of customers needs across industries. The integration of multiple technologies provides customers with accounts payable services which are quick to implement, dependable, flexible and cost efficient. API provides customers with innovative and comprehensive accounts payable services which are second to none within the industry.
Accounts Payable Services
Bab Alnahda Project Development & Consultant's Accounts Payable Services aid in our customers success by providing them with key benefits, including:
- Transforming the A/P department into Profit Center
- Lowering Processing Costs & Increasing Productivity
- 100% Invoice Visibility within 24 Hours
- Faster approvals, Faster Period closes, and providing detailed accrual reports
- Improved Regulatory/SSAE 16 Compliance and Internal Controls
- Better Management of DPCompanies today are continually being challenged to reduce costs, extract the most value possible from their expenditures, and meet complex regulatory requirements. Bab Alnahda Project Development & Consultant’s innovative and flexible Accounts Payable Services provide customers with the ability to transform their accounts payable processes into an automated system which is driven by business rules, resulting in lower processing costs, improved controls, higher service levels and higher business intelligence. These services have been developed by API based on its extensive process experience and deep understanding of customers needs across industries. The integration of multiple technologies provides customers with accounts payable services which are quick to implement, dependable, flexible and cost efficient. API provides customers with innovative and comprehensive accounts payable services which are second to none within the industry.
Key Benefits of Our Accounts Payable Services
- Transforming the A/P department into Profit Center
- Lowering Processing Costs & Increasing Productivity
- 100% Invoice Visibility within 24 Hours
- Faster approvals, Faster Period closes, and providing detailed accrual reports
- Improved Regulatory/SSAE 16 Compliance and Internal Controls
- Better Management of DPO to Increase Working Capital
- Our Accounts Payable Services speed-up the accounts payable approval process and provides proper documentation and audit trails. Customers have early visibility of invoices which improves the ability to accurately accrue expense. Processes driven by business rules standardize business processes and ensure compliance. Invoices and supporting documents are efficiently archived on Bab Alnahda Project Development & Consultant’s DocArchive Service to ensure meeting specific regulatory retention requirements.
- Our Accounts Payable Service is an implementation and delivery service which can be setup with 24 hour or 48 hour turn times which meet customer’s requirements.