ACCOUNTS PAYABLE
AB Capital's Accounts Payable Services
To help businesses manage their accounts payable, AB Capital offers creative and adaptable services that cut processing costs, increase controls, and raise service standards. These services leverage innovative technologies and are created by API, which has vast process expertise and in-depth knowledge of client requirements across sectors. With AB Capital’s services, businesses can convert their manual accounts payable operations into an automated system run by business rules, allowing them to streamline financial management processes while maintaining positive relationships with suppliers.
Account payable outsourcing service in UAE
Report generation process
Our team will prepare MIS reports, accounts payable ageing lists, and other reports to analyse how your payables can be better managed.
Payable workflow setup
We will set up an accounting software to manage your accounts payable workflow. This includes entering purchase transactions and creditor details during each visit, as well as tracking order approvals and payment due dates.
Vendor management
We will collect digital copies of your documents from relevant departments and upload them onto the accounting software. This includes inputting vendor information such as name, address, and payment terms, as well as the default general ledger for the expenses associated with each creditor.
Managing employee expenses
We will document all employee expenses by collecting receipts and creating a list, which will then be inputted into the system and paid according to their respective due dates.
Report generation process
Our team will prepare MIS reports, accounts payable ageing lists, and other reports to analyse how your payables can be better managed.
Payable workflow setup
We will set up an accounting software to manage your accounts payable workflow. This includes entering purchase transactions and creditor details during each visit, as well as tracking order approvals and payment due dates.
Vendor management
We will collect digital copies of your documents from relevant departments and upload them onto the accounting software. This includes inputting vendor information such as name, address, and payment terms, as well as the default general ledger for the expenses associated with each creditor.
Managing employee expenses
We will document all employee expenses by collecting receipts and creating a list, which will then be inputted into the system and paid according to their respective due dates.