Accounts Payable Services
Streamline Your Accounts Payable with
Precision and Speed
Transform your AP processes with IQ BackOffice’s accounts payable outsourcing solutions. From automated invoice processing to secure payments, our technology-driven accounts payable automation solutions deliver accuracy, efficiency, and cost savings.
Reduce AP costs by up to 50% and achieve faster, more accurate invoice processing
with our certified, cloud-based accounts payable solutions.
What Are Accounts Payable Services?
IQ BackOffice’s Accounts Payable services transform traditional AP workflows by combining invoice processing automation, proven methodologies, and expert support. We handle everything from invoice capture to vendor payments, ensuring compliance, accuracy, and cost efficiency.
-
Streamline invoice processing with advanced
automation tools. - Significantly reduce accounts payable costs through optimized workflows.
- Enhance vendor relationships with timely, accurate payments.
How We Excel
Transaction Processing
Digital Invoice Processing
Automate invoice receipt, validation, and approval for faster turnaround, including multi-language and multi-currency invoices.
Payment Processing
Ensure timely and secure vendor payments, including same-day check
request processing.
Vendor Management
Streamline vendor onboarding, communication, and compliance, including W-2 and 1099 form processing.
Technology-Enabled
EDI
Services
Facilitate seamless electronic invoice submissions for faster processing.
OCR Processing
Extract accurate invoice data with Optical Character Recognition, reducing manual errors.
IQR Solution for PDF Invoices
Convert PDF invoices into actionable digital data with precision.
Check Processing
Manage traditional check payments efficiently and securely.
Exception Processing
Identify and resolve invoice discrepancies quickly to avoid delays.
Payment Solutions
Virtual Card
Payments
Maximize cash flow with rebate-driven virtual card solutions.
ACH &
Wire Transfers
Secure, fast, and automated electronic payments.
Same-Day Check Processing
Accelerate payments when urgent needs arise.
Value-Added
AP Process Reengineering
Review and optimize your AP workflows to ensure best practices and greater efficiency.
Vendor Score Cards
Evaluate vendor performance for better decision-making and accountability.
Client & Vendor Support
Dedicated support to resolve queries and strengthen vendor relationships.
Why Choose IQ BackOffice?
Proven 50% Cost Reduction
Minimize expenses with automated workflows.
Advanced Technology
Leverage OCR, EDI, and PDF solutions to improve speed and accuracy.
Scalable Solutions
Tailored services for businesses across industries, including restaurant accounts payable services and healthcare finance outsourcing.
SSAE18 SOC 1 Type II Certified
Operate with confidence knowing your processes meet the highest security and compliance standards.
Improved Vendor Satisfaction
Ensure on-time payments and streamlined communication to strengthen relationships.
Enhanced Visibility and Control
Gain real-time insights into your processes with customizable dashboards and detailed reporting, allowing for better decision-making.
Simplifying Accounts Payable
Invoice Capture
Automate invoice intake using OCR, EDI, and PDF processing.
Approval Workflow
Streamline review and approvals with customized automation.
Payment Execution
Process payments securely via virtual cards, ACH, wire transfers, or checks.
Vendor Management
Strengthen vendor relationships with proactive communication.
Simplifying Accounts Payable
Invoice Capture
Automate invoice intake using OCR, EDI, and PDF processing.
Approval Workflow
Streamline review and approvals with customized automation.
Payment Execution
Process payments securely via virtual cards, ACH, wire transfers, or checks.
Vendor Management
Strengthen vendor relationships with proactive communication.
Real Results With IQ BackOffice
Cost Savings
Reduce AP processing
costs significantly.
Data Accuracy
Minimize errors with technology-driven automation tools.
Faster
Processing Times
Process most invoices within 24 hours, ensuring timely payments.
What Our Clients Say
Streamline Every Aspect of Your Back Office
We offer a range of services that work together to optimize your finance and accounting operations. Explore how these solutions can complement your current processes and help streamline every aspect of your back office.
Financial Process
Automation
Automate workflows to reduce manual effort, improve accuracy, and accelerate financial operations.
Accounts Receivable
Management
Improve cash flow with automated billing, collections management, and optimized working capital.
Full-Service
Accounting
Achieve real-time financial insights with comprehensive reporting, reconciliation, and daily operations management.
Managed Payroll
Services
Ensure compliance and payroll efficiency with tax filings, employee lifecycle support, and electronic pay solutions.
Real-Time
Reconciliation
Optimize financial accuracy and recover revenue with automated workflows, payment resolution, and actionable insights.
Offshore Accounting
Teams
Transform Your
Accounts Payable Today
Ready to streamline your AP processes and reduce costs? Contact us to discover how IQ BackOffice’s accounts payable outsourcing services can drive efficiency and savings for your business.
