Flash Content
Accounts Payable Services
Companies today are continually being challenged to reduce costs, extract the most value possible from their expenditures, and meet complex regulatory requirements. API's innovative and flexible Accounts Payable Services provide customers with the ability to transform their accounts payable processes into an automated system which is driven by business rules, resulting in lower processing costs, improved controls, higher service levels and higher business intelligence. These services have been developed by API based on its extensive process experience and deep understanding of customers needs across industries. The integration of multiple technologies provides customers with accounts payable services which are quick to implement, dependable, flexible and cost efficient. API provides customers with innovative and comprehensive accounts payable services which are second to none within the industry (Ranked #1 in Innovation and #1 in Service Breadth in the 2008 Black Book of Outsourcing.)

API's Accounts Payable Services include:
API's Accounts Payable Services aid in our customers success by:
  • Significantly reducing processing costs
  • Improving management of working capital and payables
  • Reducing late fees
  • Utilizing vendor discounts
  • Avoiding duplicate payments
  • Improving Business Intelligence (BI)
  • Improving financial control and Sarbanes-Oxley compliance
  • Reducing invoice discrepancies and disputes Strengthening vendor relations
API's Accounts Payable Services speed-up the accounts payable approval process and provides proper documentation and audit trails. Customers have early visibility of invoices which improves the ability to accurately accrue expense. Processes driven by business rules standardize business processes and ensure compliance. Invoices and supporting documents are efficiently archived on API's DocArchive Service to ensure meeting specific regulatory retention requirements.

API’s Accounts Payable Service is an implementation and delivery service which can be setup with 24 hour or 48 hour turn times which meet customer’s requirements. Third party payment management services can be integrated to complete the payment process by ACH, wire or check. Customers can also utilize API’s MICR check printing capabilities, with customized logos, which provide security and cost savings through favorable postage rates.

API's team is responsive, dedicated, and highly trained to deliver customer satisfaction. API employs Six Sigma practices to ensure high-quality, consistent service and our annual SAS 70 Type II Audit provides customers with the assurance that API's operations controls are in place to provide customers with dependable service.

Press Release
 
Brochure