Accounts Payable
Datamatics Accounts Payable services incorporate an end-to-end solution for managing receipt, processing, and payment of our clients’ invoices. Datamatics utilizes best in class processes and procedures coupled with the latest technology solutions including imaging and automated workflow to complement existing client ERP platforms and create an environment that results in increased efficiency, quality, and visibility. Key Accounts Payable services include:
Document Services – Datamatics supports receipt and management of all paper-based payables documents including sort, batch preparation, scanning, and document storage and retrieval.
Transaction Processing – Datamatics facilitates data entry of all paper-based payables transactions, management of electronic invoice formats, front-end suspect duplicate control, and automated workflow initiation.
Exception Management / Resolution – Datamatics dedicated support structure for complex resolution provides proactive management of exception transactions through research and interface with supplier and client personnel.
Customer Service – Datamatics professional call center agents facilitate timely and quality resolution of client and supplier inquiries.
Suspect Duplicate Analysis – Datamatics provides enhanced audit and control mechanisms to reduce or eliminate the risk of duplicate payments inclusive of a dedicated team of resources to support recovery and reclamation.
Disbursement Services – Datamatics supports all facets of the payment process including check printing and distribution, electronic payment handling, returned check processing, positive pay and other disbursement related services; Datamatics standard practice is to utilize a client funded account to support payment processing
Information Management – Datamatics processes and technology offer enhanced process visibility and enables a multi-layered reporting structure to effectively measure key performance indicators.
Other Services – Datamatics has the experience, knowledge and expertise to support additional services including account reconciliation, tax and audit support, 1099 printing and distribution, P-Card management, and other special projects.
Other Process Management Services
Datamatics supports a variety of additional Finance and Accounting related processes that are typically considered transactional in nature and therefore enable consistent application of our core service offering practices and methodologies. Examples of other process management capabilities include:
- Accounts Receivable
- Customer Refund Processing
- Document Management
- Procurement and Travel Card Program Administration
- Travel and Expense Reporting
