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Your Trusted IT Support Partner Since 2003

We deliver reliable and affordable IT solutions for the Small Business Community.

Outsource Accounts Payable Service to Experienced Team

Outsource Accounts Payable Service to Experienced Team
Accounts Payable isn’t just a transaction focused activity anymore; it has now evolved into a strategic business function that helps the top management optimize a business organization’s working capital, ensures bigger savings and also ensures improved working relationships with suppliers. We at DP Tech Group, assist numerous organizations the world over transform their otherwise static and old-fashioned accounts payable processes.
We focus on creating actual value by assisting in optimization of working capital as well as operating costs while at the same time ensuring greater audit control and across the board transparency through tried-and-tested standardizations.
As a preferred destination for outsourcing accounts payable services, DP Tech Group provides businesses with the flexibility of customizing an outsourced accounts payable solution. By choosing us, you gain the advantage of skilled workforce with proven domain experience and state-of-the-art technology, without having to invest in hiring fulltime employees for accounts payable processes or buying expensive software licenses.

Accounts Payable Services on Offer at DP Tech Group
When you outsource accounts payable services to DP Tech Group, you get an end-to-end solution, customized to meet your specific business requirements. We have more than 10 years of experience in delivering this service to global clients. Our Accounts Payable Services comprise of the following:
  1. Data Capture
    We use automated invoice data capture processes by utilizing the OCR (Optical Character Recognition) technology that ensures greater accuracy and speed in extracting invoice data and other important information. Paper based payable docs are thus easily managed at our end when you outsource accounts payable service to our professional team.
    Data capture as part of our accounts payable service includes the following:
    • Scanning, sorting/indexing and batch preparation
    • Receipt and invoice document storage/retrieval
    • Receipt and Processing of emails
    • Auditing scanned invoices
    • Reconciliation of invoices
    • Ensure total availability of all invoices scanned
    • Paper, fax or digital – we will aim at centralizing the receipt of all kinds of invoices
  2. Data Processing
    In this case, we handle exceptions. Errors and exceptions in business invoicing, if not handled correctly and promptly, can cause delays in supplier payments. It can also result in loss of opportunity when it comes to early payment discounts. Lastly, exceptions, if not detected and resolved on time, can block your capital!
    The management and resolution of exceptions in data processing part of our accounts payable service includes the following:
    • Routing exceptions
    • Ensure hassle-free and faster closing at the end of each month
    • Maintain audit trail with proper documentations
  3. Suspect Duplicate Analysis
    We initiate the process for putting necessary audit & control mechanisms in place so as to preempt the possibility of duplicate payments. By outsourcing accounts payable services to DP Tech Group’s overseas team, your contracts and payment terms are optimized by professionals, the ‘procure to pay’ process gets optimized and lastly, the possibility of future leakage is minimized through maximum compliance, automation and transparency.
    In case such payments have already been made, we provide the necessary assistance for recovery of these payments through:
    • Automated/manual data entry of financial transactions and other related data
    • Matching databases from different sides
    • Digital invoice processing
    • Identification of root cause of a discrepancy
    • Reconciliation followed by identification of cost recovery opportunity
  4. Disbursement:
    • Print/distribute payment checks
    • Handling E-Payments
    • Emailing invoices
    • Cross checking online checks
    • Maintain check stock
    Besides the above mentioned accounts payable services, your custom solution can also include some or all of the following as per your unique business requirements:
    • Tax reporting
    • Accounts payable reporting
    • Bill management (including utility bills)
    • Customer support
    • Specific project reports concerning account payables
    • Expense processing (including travel)
Outsourced Accounts Payable Service Workflow
It’s a four-step process:
  1. Receipt of invoices: We receive your invoices in digital or print format
  2. Data/Image capturing: All documents received at our end are digitized into the image format and stored as such; all such invoices can be viewed or retrieved easily
  3. Processing and routing of invoices: As per the pre-defined business rules, invoices are processed and routed to concerned officials/executives for approval
  4. Disburse and achieve: An invoice that has been approved or resolved by the concerned executive or official at your company is uploaded by our staff to customer’s accounts payable system for payment. The invoice in the next stage is also moved to the general ledger of the company. Our staff also takes care of disbursements. All invoices thus processed are stored at one place and are property indexed.
Want to Know More About Outsourcing Accounts Payable Services to DP Tech Group?
With us, you can gain instant access to advanced technology systems; experienced workforce with years of experience in handling accounts payable processes and tried-and-tested workflows that deliver. We also provide round the clock customer service so that you never have to wait!
With DP Tech Group by your side, the management at your company will always have the ‘big picture’ available for crucial business decision making, courtesy the business intelligence they can draw out from accurate, up to date data, down to the last minute detail, in a format that can be searched or analyzed.
You can achieve better vendor relationships, ensure there are minimal invoice discrepancies and reduce operating costs while experience no bottlenecks in managing your working capital by outsourcing accounts payable services to DP Tech Group.
Call us today at 630-372-0100 for a non-obligatory consultation. We’re here to help. You just have to ask!
Experience firsthand why business owners are passionate about partnering with us and why they choose to stay 10, 15, 20 years without a contract!
Raj Ambay
Raj Ambay
Running a small business is challenging. But DP Tech has reduced our stress by maintaining our IT infrastructure and provided us with a superb customer service. In addition, they are proactively monitoring and protecting our data against cyber threats which allows us more time to focus on our core business competencies. In 30 years of business, DP Tech is one of the best decisions I have made.
restore-tek cc
restore-tek cc
We’ve partnered with DP Tech for over twelve years. Their prompt responses and expertise have been invaluable. They tailor services for our business [Restore-Tek] and provide personal attention. Whether it’s troubleshooting software glitches, setting up new workstations, or ensuring network security, they’ve been there every step of the way. Not every problem has an immediate solution, but that doesn’t deter them. If they don’t know how to fix an issue, they roll up their sleeves and dig deeper. They consult with their network of experts, research tirelessly, and explore every avenue until they find the right solution. When they do find the solution, it’s not just a quick fix. They take the time to explain what went wrong, how they resolved it, and how we can prevent similar issues in the future. Their patience and clarity make all the difference. For dependable, knowledgeable, and attentive IT support, consider DP Tech. They’ve been our trusted partners for over twelve years, and we confidently recommend their services.
Vimal Madhani
Vimal Madhani
DP Tech Group and their IT Consulting team have been an integral part of our business. They communicate the importance of data security, technology updates, and new updates in the field to ensure my business is protected but also running very efficiently. Their Customer support is excellent, quick to respond, patient, and very persistent to resolve any issues. They truly care about their clients, and it shows. DP Tech Group is really the best at what they do and I can truly attest much of my growth is because them, i truly view them as part of my team.
Bob Florio
Bob Florio
I've worked with both in-house and outsourced IT in my career. DP Tech was always quick and professional in their support. They didn't feel like an outsourced service. They felt like an internal team, which was very helpful to us. Bob Florio - CFO.
Renee Culbertson
Renee Culbertson
IT Support Specialist Josh D. is amazing to work with! Very knowledgeable and professional.
Milan Madhani
Milan Madhani
-We've been a client of DP tech for more than 17 years. -They've been our managed service provider for over 16 years as well as our dedicated IT Department. - They also manage our VoIP phones, internet issues, and dealing with tech vendors. Peace of mind and assurance from day one is their hallmark. Knowing they've got our back all these years from website development, to website hosting, monthly security updates for our website to cybersecurity and compliance concerns, we've always slept easy with DP Tech on our team. When our server crashed, we didn't sweat one drop. We had a disaster recovery solution implemented asap by DP tech, and we were restored within 30 minutes from our backup in the cloud. The disaster recovery appliance team at DP Tech was outstanding. They set us up on the temporary solution as well as rebuilding our server over the weekend to avoid any downtime. Since IT costs can be expensive, DP Tech has also worked hard to save us money by reviewing our technology services and recommended better priced solutions. There are other providers out there, who will just take your monies, and then will forget about you. That's not DP Tech. Working with them has made us understand that our concern for our security, technology, efficiency, and costs, is as much our concern as it is theirs.
Brian Katzenbach
Brian Katzenbach
We have been with DP Tech for years. They have helped through many transitions from moving, new software, new phone systems. Everyone at the company goes above and beyond to get you the best service for the best price.
Alisha Stocker
Alisha Stocker
DP Tech has been an invaluable asset to our firm (Wall Capital Group, Inc.). We have worked with them for over 15 years. They are always quick to respond to email requests or phone calls. Everyone is friendly and knowledgable. I highly recommend Raj, Joy & the team at DP Tech!
Carlene Brumfield
Carlene Brumfield
Great service and very quick to respond.
Ed Mallof
Ed Mallof
I consider myself very fortunate to have found DP Tech Group. They offer a very personalized IT experience. I have worked with them for more than 15 years and would highly recommend them. They are very responsive and take cyber security very seriously. Everyone at DP Tech is knowledgeable and patient as they help you navigate the challenges of the digital world onsite or remotely. If I could give out a BEST VENDOR award it would be to them!

Qualified Talent at Fraction of the Cost

1 Phone Number to Call, That's all.

Benefits of Outsourcing to DP Tech Group:
  • US Based Business
  • Established in 2003 in State of Illinois
  • US Based Project Management & Support
  • Technology and Security Experts
  • Never struggle to hire qualified talent again
  • Secure offshore offices in India
  • Save Operational Costs (40% - 60%)
  • Non-Disclosure Agreement
  • Protected by US Laws
We specialize in helping the small business community outsource back-office operations. Fill out our form to see how we can help you save time, money and resources so you can concentrate on core business operations.

Call DP Tech Group for all your Business Outsourcing needs. 630-372-0100

Give us a call or fill out our contact form for a quote.

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