Accounts Payable Receivables Processing

Vision Statement
“IBN’s vision is to become the most sought after multi service provider by way of consistency in
delivering quality and value multiplying services within the constraint of time and capital under
the arc of compliance to regulations concerned.”
Mission Statement
“IBN’s mission is to be recognized within the industry as a global service provider of offshore services
ranging from Back Office Services in Investment Management and Financial Accounting sectors to IT
sector with high quality and control.”
 India based ITO & ITES company having Global Development & Delivery Center in Pune, India
with Marketing & Sales offices in USA & UK.
 Team consists of 100+ Certified Professionals like Graduates/Post-Graduates/CPAs/Microsoft
Certified Professionals with diverse experience in field of Accounting, Finance, Investment, IT
Software & Cloud Infrastructure & Consulting Space.

IBN caters to various industries with value added Accounts Payable & Accounts Receivable services, delivering cost
effective processing for the clients in the US, UK and European regions. IBN AP & AR services help companies reduce
and maintain low cost ( 40% savings compared to UK & US Cost ) and effectively manage their operations. IBN offers
services as per clients requirements clearly defined at the time of agreements and with well-defined SLAs in place.
Accounts Payable
P2P (Purchase to Pay)
Create Requisition
Create PO
PO authorization
Sending authorized PO to the requester
Receipt of Invoice
Invoice approval
Posting of Invoices in the accounting system
Pay the invoices.
Supplier Reconciliation
Payment Process
Handling Supplier calls
Accounts Receivable
O2C (Order to Cash)
Quote Order
Process Order
Fulfil order
Invoice customer
Receive and apply cash
Manager credit and collections.
R2R (Record to Report)
Risk management
Budgeting & forecasting
Management Reporting & Analysis
General accounting & reconciliation

Time Benefit:
• Allows to plan round the clock operations.
• Data Processed & critical reports prepared overnight.
• Allows you to focus on your business rather than on back office functions.
• Streamlining priorities to avoid loss of business.
• Save time from running the business & invest time in growing the business.
• Time spent on managing administrative staff, hiring, evaluation, etc.
Staff Benefit:
• Highly Skilled Staff & already have experience working in US Processes which minimizes the cultural gap.
• Wide Range of Industry experience from Finance & Accounting, AP / AR Support & Business Operations
which includes customer support, Data Processing etc.
• Understanding of Best Industry Practice & same help us in consulting approach for process improvements.
• Right Level staff for different requirements
• Reduce key employee risk as staff redundancy for each process is inbuilt in IBN’s outsourcing approach.
Business Benefit:
• Cost Advantage
• Save on Infrastructure and Technology for outsourced staff.
• Access to Skilled Resources for expansion at short notice.
• Time Zone Advantage.
• Business continuity planning inbuilt as you have teams working at offshore location.
Cost Benefit:
• Lower cost of operations by 40%. This is even true for Jr. Accountant level staff in USA.
• No Overhead Cost, Employee Benefit Costs, etc.
• No Training & Hiring Cost

Financial Data Security
Process Features Network features
Enterprise Access System for
Employee Login
Non-disclosure / confidentiality
agreements
Total secured CISCO VPN Tunnel to
client
Secure Smart Card and Secure
Premises Login with Biometric Access
Audit trails for all system activities
Secured Cisco® Intelligent switches
and Cisco® Network Assistant
optimized for LAN
Network and Windows Login
Access to registered and authorized
users only
CiscoVirtual Private Network (VPN)
protection and Secure Network® PIX®
Firewall to block all ports for HTTP,
FTP, TCP/IP, UDP and even ICMP
PC ’locking’ & Password protected
systems
Scanning of servers for penetration
testing
Secure network firewalls Secure Remote Access (VPN)
Large budget outlays on security Technology-driven detections systems Secure email with digital signatures
Regular Quality Checks
Secure Encrypted Web Servers and
laptops
Single sign on to enterprise and
desktop applications
Processes at IBN Technologies mandate the sharing of information on a strictly need-to-know basis
only and have put in place powerful network authentication tools. We investigate any data transfer
by employees that do not comply with our security stipulations. For utmost financial data security
we have put in place the following process and network features:

IBN Technologies Limited
Phone No: +91-20-24264182/83 Email: info@ibntech.com
GLOBAL DELIVERY CENTER (INDIA)
Crystal Corporate, 306, Third Floor,
Bibwewadi – Kondhwa Road,
Pune, Maharashtra - 411037
LONDON - UK
IBN Technologies Limited
Regd(FC031335),
26 Barclay Road Croydon,
Surrey CR0 1JN
USA
IBN Technologies (US) LLC
108 West 13th Street,
Wilmington, Delaware 19801

Accounts Payable Receivables Processing

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Accounts Payable Receivables Processing