Monday - Friday: 9:30AM - 07:00PM
FinServ PartnersFinServ PartnersFinServ Partners
(Monday - Friday)
Patia, Bhubaneswar, Odisha - 751017, India
FinServ PartnersFinServ PartnersFinServ Partners

Accounts Payables & Receivable

Accounts Payables & Accounts Receivables

Accounts payable (AP) are reported in the ledger representing amounts due to suppliers for goods or services received. On the other hand, accounts receivables (AR) are the accounts in the ledger that represent amounts due from customers for the goods or services delivered to them on credit. As a business grows, managing these accounts becomes a more significant part of a company’s overall operations. At this stage, it becomes crucial to either have a systematic management of Accounts payables and Accounts receivables internally or to outsource it to a third-party vendor. A third-party accounts payables service provider will generally perform functions such as invoice capture, purchase order (PO) matching and processing, payments, archiving records, and reporting, etc. and Accounts receivable services include recording of the receivable transactions, billing preparation, issuing credit memos, AR factoring services, periodic AR report preparation among other related services.

Accounts payables and Accounts receivables services can enable a company to focus on its primary business activity while outsourcing AP and AR management to an outside third party. It helps in better working capital management, leading to improved liquidity and profitability for the company. Timely payment and efficient management of APs also helps strengthen relations with suppliers, which may lead to better credit terms in the future.


AP services include the following tasks:

  • Invoices and Purchase orders matching: It includes matching supplier invoices to the underlying data on which the total cost is based, i.e., delivery receipts and purchase orders.
    Processing purchase orders: Here, purchase orders are processed right from creation to order approval, dispatch, invoicing, delivery, and closure.
  • Processing debit memos: Debit memos are created when a client is undercharged due to tax or pricing errors.
  • Processing of Monthly AP Ledgers: A monthly accounts payables ledger is created here.
  • Other AP services: Other AP services include data capture, data processing, suspect Duplicate Analysis, disbursement services, etc.


AR services include the following tasks:

  • Recording receivables transactions in the accounting services.
  • AR deduction management services.
  • Accounting receivable factoring services.
  • Accounts receivables aging report preparation.
  • Billing preparation.
  • Issuing of credit memos and refund checks approved by customers.
  • Applying cash received to customer accounts and resolving short pays.
  • Preparing AR reports etc.

Contact us today!


    • Suite - 210, B Block, Nature's Crest, Patia, Bhubaneswar, Odisha - 751017, India
    • India #: (+91) 674-358-1502
      US #: (+1) 585-577-7716
    • [email protected]
    Best Quality Service Competitive Price Quick Turnaround Reliable & Dependable Super Support

    Quality is our first priority. We always provide our clients with world-class services with a 99.99% quality guarantee and keep improving the process. Our quality checking process pass-through a 3-step checking process, reducing the error chance to zero percent.

    Our process improvement continuously checks for model and report upgradation, change or application of new industry or legal rules in the valuation and analysis process. Our existing clients are very much satisfied with our quality services.

    We work on a low-price model without compromising the quality of the work. We have a talented pool of MBA, CVA, CPA, CFA and other finance, accounting, and economics graduates to maintain the quality.

    Since we operate from India, we benefit from the labour arbitrage and pass the same befit to our clients by providing quality services at 60-70% less than their in-house operating cost.

    We always try to deliver projects as soon as possible after all required work and quality checks are done.

    As soon as we receive a project request from the client, we add that to our project pipeline and set the final deadline. Then we review and request the missing documents/data from the client. In the meantime, our operation manager assigns respective tasks to respective analysts based on their competencies and sets a deadline for each. After the completion, the QC team takes over the project and checks for errors in 2-3 steps. After confirmation, our managing director quickly looks at the project and then delivers it to the client before the final deadline.

    We are a reliable and trusted offshoring partner for the client. We sign the NDA and NCA when a contract is finalised between the client and us. We work for the client's best interest in a very transparent way, for which clients rely and depend on us for their part/whole process for the long term without any confusion.

    We provide our endless dedicated support to our clients 24/7, whether related to a project, pricing, time or audit support. This is why clients have loved to partner with us for a long time. We provide support via online video meetings like zoom or Microsoft teams or skype, voice calls, Whatsapp and our online chat agent on our website.

    Clients Testimonials

    Few appreciation and motivation from our clients for our best quality and timely work!

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