New Accounting Services
Resolving match exceptions

Resolving match exceptions is one of the vital aspects of account payables department. A Match exception is a warning indicator that occurs during the daily matching process that identifies when the voucher and the purchase order are in conflict with each other, thus preventing payments to the suppliers (until resolved). A match exception normally occurs if the suppliers' ID does not match insufficient funds on PO, unit price exceeds and PO is an invalid status. At AO2I, we offer cost effective match exceptions resolving services to clients across the globe. Our team of accountants can correctly identify the discrepancies in the voucher and the purchase order and can effectively resolve it. Outsourcing match exceptions resolving can help you maintain the business relationship with vendors smoothly. Besides that it also helps you to minimize the operational cost incurred.
We ensure the following while match processing
- Payment is made on the quoted price for what has been supplied
- Making payment for the quantity of goods that has been delivered
- Only paying for goods received in good working order
- Stopping payments being made if the price or quantity are outside the allowable matching 'tolerances'
- Maintaining controls via manual intervention to verify and approve any discrepancies before paying Vendors.
Benefits of outsourcing match exceptions resolving services
- Helps to make payment based on the quoted price
- Limits payment to the quantity ordered
- Helps to control and verify before approving the payments to the vendors
Some of the benefits of outsourcing accounting services to us are
Access to Expertise
It is a well-known fact that India has the largest pool of skilled labors than any other nation. At AO2I, we have some of the professional accountants and financial consultants working for us. Therefore clients can confidently outsource their complete back end accounting process to us and concentrate on core business activities. Our team has the required experience and expertise to successfully deliver large projects.
Infrastructure & Technology
Setting up infrastructure for your back office activities can run into huge investments as it requires pumping in money to keep you set up upgraded in addition to initial set up capital. At AO2I, we have state-of-the-art infrastructure facility to execute your projects. This facility also ensures that no information is leaked or misused. We constantly upgrade our infrastructure and technology to adapt to the latest technological advancements i in the financial outsourcing industry.
Cost
When it comes to cutting down on operational and overhead costs, nothing can prove effective than outsourcing. At AO2I, we do not believe in offering a standard cost cutting strategy. The reason being, what works for one client may not necessarily work for the other? So we first try to understand your organization's processes and procedures with respect to your domain and work out strategies accordingly. On average clients can expect 40 per cent cost reduction.
Training & Quality
Since we have five years of experience in the financial outsourcing business, it does not require much training to start the work. Our team is proficient with all the major Bookkeeping and Accounting Software. We have been consistently able to deliver quality services to our clients, so no need to worry about the quality of work.
Disclaimer: The software content used in this page is only for customers to know about the software and not for any commercial intentions.
The main benefits of working with accountingoutsource2india are below:
Consistent Data Source – accountingoutsource2india business give you consist and precise data which can be easily used for the benefits of the decision-making desires. This in turn guarantees competence in workflow and there is no expenditure of time.
Maximize your ROI: accountingoutsource2india work give significant cost reduction and gives you high Return of asset.
High Superiority Work - Main benefits of accountingoutsource2india work is to get high quality work as per your needs.
Well-organized Data Management: accountingoutsource2india provider companies take input data from any source and give output data into digital format or as you need set-up so this provide better organization of data.
Securities, Uniformity, Rapid growth, Speed, services and improve customer satisfaction, improved presentation, Backend effective work environment these are main goal of accountingoutsource2india.
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