Account Receivables/Payables

SG Consulting caters to various industries with value added Accounts Payable (AP) & Accounts Receivable(AR) services, delivering cost effective processing for the clients in the US, UK and European regions. SG Consulting’s AP and AR services help organizations diminish and keep up minimal effort and adequately deal with their operations. IBN offers Purchase to Pay Services (P2P), Order to Cash services (O2C) and Record to Report (R2R) Services as per clients requirements clearly defined at the time of agreements and with well-defined SLAs in place.

                                                                                                     

Accounts Payable

 P2P (Purchase to Pay) 
  • Create Requisition
  • Create PO
  • PO authorization
  • Sending authorized PO to the requester
  • Receipt of Invoice
  • Invoice approval
  • Posting of Invoices in the accounting system
  • Pay the invoices
  • Supplier Reconciliation 
  • Payment Process
  • Handling Supplier calls

Accounts Receivable

 O2C (Order to Cash) 
  • Quote Order
  • Process Order
  • Fulfill order
  • Invoice customer
  • Receive and apply cash
  • Manager credit and collections.
  • R2R (Record to Report)
    • Risk management
    • Budgeting & forecasting
    • Management Reporting & Analysis
    • General accounting & reconciliation