Accounts Receivable Outsourcing |
What are the major benefits of outsourcing
A/R process and handling ?
- Reduced A/R Costs - Total cost of ownership should be reduced
anywhere from 20 to 40 percent.
- Improved Performance - Functions such as customer service, speed of
cash, dilution rates, and upstream processes should improve.
- Conversion of Fixed Cost to Variable Cost - Costs vary with revenue
and/or other important variables (e.g., average invoice and/or
deduction value, increase in customer base).
- Increased Time and Resources for Strategy - Financial management
focuses on activities with increasingly greater strategic
consequences, such as risk management, customer profitability,
planning and forecasting, and business analytics.
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Accounts Payable & Payroll Outsourcing
Services |
Businesses are continually being challenged to reduce costs, extract
the most value from expenditures, and meet complex reporting
requirements.
CTP's
innovative and flexible Accounts Payable & Payroll services provide our clients with the ability to transform their Accounts Payable & Payroll processes into an outsourced automated system which is driven by business rules, resulting in lower processing costs, improved controls, higher service levels and better business intelligence. We provide outsourced services in paper and electronic delivery.
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