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Accounts Payable

Outsource your accounts payable to our dedicated virtual accounting team. From invoice processing to vendor management, we ensure timely and accurate payments.

Ideal for: Firms processing 100+ vendor invoices per month that want to eliminate bottlenecks and capture early-payment discounts.

Overview

Late payments damage vendor relationships. Missed discounts erode margins. Duplicate invoices waste cash. Our AP outsourcing team eliminates these problems by bringing discipline, automation, and accountability to your entire payables workflow. We process invoices within 24 hours of receipt, perform three-way matching against purchase orders and receiving reports, and route approvals through your existing systems. The result: your firm captures every early-payment discount, avoids every late fee, and maintains a clean, audit-ready AP subledger at all times. Our clients report an average 35% reduction in invoice processing costs and a 60% improvement in vendor payment cycle times.

Typical Volume: 100-5,000+ invoices per month

What's Included

Our accounts payable service covers every aspect you need for smooth, accurate financial operations.

01

Invoice Processing & Data Capture

We receive, scan, code, and enter invoices into your accounting system — typically within 24 hours. OCR technology combined with human review ensures 99.5%+ data accuracy.

02

Three-Way Matching

Every invoice is matched against the corresponding purchase order and goods receipt before approval. This catches pricing discrepancies, quantity mismatches, and duplicate billings.

03

Vendor Management

New vendor setup, W-9 collection, 1099 tracking, payment term negotiation, and ongoing vendor statement reconciliation — all managed by your dedicated AP team.

04

Payment Scheduling & Execution

Strategic payment timing to maximize early-payment discounts while preserving cash flow. We prepare payment batches for your approval and handle ACH, check, and wire payment processing.

05

AP Aging & Reporting

Real-time AP aging reports, cash requirement forecasts, accrual schedules, and custom dashboards that give you full visibility into your payables position.

Why Outsource Accounts Payable

The Benefits of Outsourcing with Plenexia

Outsourcing your accounts payable to Plenexia means more than just cost savings. It means having a dedicated virtual accounting team committed to delivering quality work for your organisation, every single time.

Optimize Your Budget with 40-50% Cost Savings

No recruitment costs, no employee benefits or insurance expenses, no infrastructure costs. Reduced training and technology investment — all while maintaining the highest quality.

Certified Professionals

Work with CAs and CPA-qualified virtual accountants trained in US GAAP, IFRS, and regional compliance standards.

Scalable Services

Whether you're a startup, SME, or CPA firm, our services scale with your business growth — with full flexibility and no long-term commitments.

Enterprise-Grade Security

Encrypted VPN connections, role-based access controls, comprehensive NDAs, and regular security audits protect your data.

Timely Reporting & Insights

Beyond bookkeeping, we provide meaningful financial insights that support smarter business decisions with a 5-day monthly close.

How It Works

Getting Started Is Simple

01

Consultation

We analyze your current workflow, pain points, and requirements in a free 30-minute call.

02

Team Assembly

We handpick the right virtual accountants for your needs — matched by skillset, software expertise, and industry experience.

03

Onboarding

Your dedicated virtual accounting team integrates with your existing tools and processes. Most organisations are fully onboarded within 5-7 business days.

04

Delivery

Consistent, quality-checked deliverables on your timeline. Your account manager ensures everything runs smoothly.

Ready to Get Started with Accounts Payable?

Schedule a free consultation and discover how Plenexia can transform your accounts payable operations.