Cost-effective services for businesses/ CPAs / Accounting Firms

• Expertise in bookkeeping, tax & payroll software
• Competitive pricing that can help you save 50% on costs
• Accounting & bookkeeping completed at a fast pace
• Benefit from error-free books

Accounts Payable Services - Case Study

The Customer

The customer is a rapidly developing e-logistics / transportation management provider with a resource exceeding 100,000 trucks and 2500 customers in the US.

The business challenge

The task was to accomplish a better cash flow system to regulate the precise, judicious and quicker processing of the transaction documents. The transaction documents include invoice proof of delivery and the bill of lading for the accounts payable/receivable processes. The major challenge was to process the document on the same day and settle the payments on the very next day.

The solution

Our highly trained and experienced team initially studied the business process and the operational needs of the client. This team primarily identified and assigned the different paperwork types to the client accounts.

The team was able to reduce the additional costs involved in the accounting process by cautiously recording all the information pertaining to the transaction. We also created a detailed process document which explained the classification of a transaction with its allied documents.

Our team could accomplish the task of reduction in the escalation percentages owing to an outstanding customer handling process. Our suggestions in smoothening the customer relations and rapport-building came in very handy.

The results

• Improvement in the payment cycle and delivery reception process due to a quicker processing of documents
• Utilized the change in the time zones in India and USA to skillfully complete all transactions within the next business day
• Exploited the offshore resources to reduce the operational costs
• Significant reduction in rework frequencies and exception processing

Read more about the accounts payable services that we offer.

Contact us to outsource accounts payable services.

Financial Services

Cost-effective services for businesses/ CPAs / Accounting Firms

• Expertise in bookkeeping, tax & payroll software
• Competitive pricing that can help you save 50% on costs
• Accounting & bookkeeping completed at a fast pace
• Benefit from error-free books

O2I’s Financial Services

Accounting and Finance Services: Outsource Write-Up, Bookkeeping Services , Accounts Payable, Accounts Receivable, Financial Reporting and Accounts Reconciliation services to O2I for proficient and cost-effective services.

Tax Preparation Services: Outsource Tax Return Processing and Tax Preparation services to O2I and benefit from maximized efficiency and profits. Give your business a competitive edge with our efficient services.

Financial Analysis Services: Outsource Financial Analysis services to O2I for accurate, reliable and competent services delivered within a fast turnaround time. Improve the financial health of your organization with our professional services.

Payroll Processing Services: Outsource Payroll Processing services to O2I to reduce your operational costs by 40-50%. Relieve your organization from mundane administrative tasks. Outsource to O2I and concentrate more on your core business.

Insurance Services: Outsource Life Insurance, Property and Casualty, Annuity Insurance, Insurance Policy Administration, Insurance Agency Management, Insurance Claims Administration and Insurance Data services for increased profits.

Outsourcing to India: Discover Why India is an ideal place to outsource to, Read more on Why Outsourcing has become necessary and find out more on What services can be outsourced to India.