Purchase Ledger

Purchase Ledger Outsourcing Services

PBSL’s Purchase Ledger Outsourcing Services are highly automated, reducing transaction processing time and lowering costs to you. Outsource Purchase Ledger Services to PBSL and benefit from reduced costs, timely information and better control over your purchasing decisions.

PBSL’s Purchase Ledger outsourcing services record and manage accounting data for all vendors. We use a bespoke state-of-the-art Workflow Technology for our Purchase Ledger Services.

• Step 1 - Invoice Receipt: Supplier invoices are received.
• Step 2 - Image and Data Capture: Documents are scanned and stored as images, viewable over the internet.
• Step 3 - Process and Route: Supplier invoices are processed according to previously agreed business rules. Invoices are routed to the relevant customer points of contact for approval.
• Step 4 - Disburse and Archive: Once approved the invoice is uploaded for payment through standard interfaces on all accounting platforms, and then posted to the General Ledger’.

Paperchase Purchase Ledger Services

We provide a wide range of Purchase Ledger Outsourcing Services and offer our customers the choice and flexibility to outsource all or part of their purchase ledger functions to us.

Let PBSL manage your Purchase Ledger Services so that you can benefit from reduced costs and better quality analytics.

Our end-to-end solution Purchase Ledger Services include:

• Create and maintain master records
• Invoice processing
• Running ageing reports
• Posting business transactions in the purchase ledger
• Posting business transactions in the general ledger
• Preparing and delivering periodic statements
• Preparing purchase ledger reports

Why use PBSL for your Purchase Ledger Services

Online repository for easy access to invoice transaction audit trail and access to supporting documentation required for audits

Efficiency and accuracy facilitated by our advanced workflow and imaging technology, adherence to industry best practices and high levels of quality.

Improved financial control made possible by our transparent processes and 24x7 secure web access to customers.

Reduced invoice discrepancies and disputes.

Our processes provide customer up-to-the-minute information on invoice (amount, vendor, date) process stage, approvals (who approved it, when), exceptions (price discrepancy, quantity discrepancy) as well as all outstanding liabilities for the organization.

We provide 24x7 customer service to facilitate prompt response and resolution to customer/vendor inquiries.

Our web-based reporting system maintains the highest level of security of customer data at the same time allowing the customer real-time tracking

Please contact us for more details about PBSL’s Purchase Ledger Services and pricing.

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