Accounts Payable & Accounts Receivable Outsourcing Services

Managing accounts payable and receivable can feel like a constant juggling act. You’re balancing cash flow needs with vendor relationships, chasing down payments while trying to maintain customer goodwill, and ensuring compliance with an ever-growing list of regulations.  

At BPM, we understand these daily challenges because we’ve helped countless businesses navigate them successfully. 

Accounts Payable Outsourcing Services 

Your vendor relationships are crucial to your success, but managing payments shouldn’t consume your valuable time or strain your cash flow. Our comprehensive AP solutions include: 

BPM’s outsourced accounting team is a resource you can consistently count on in these areas, among others: 

• Invoice processing & payment management: Efficient handling of incoming invoices with strategic payment scheduling that optimizes your cash flow while maintaining vendor relationships. 
• Expense coding & cost center management: Professional assignment of expenses to appropriate divisions, units, programs, functions, departments, and projects, plus customized coding guides for recurring vendors that make reporting seamless. 
• Vendor relations & contract monitoring: Professional communication that preserves your business connections, proactive contract tracking, and spend analysis to ensure compliance with budgets and terms. 
• Compliance support: Specialized experience in OMB Uniform Guidance for organizations receiving government funding, including procurement and cost accounting standards. 
• Inventory and job costing: Evaluate and monitor costing methodologies, including ongoing variance analysis. Provide ad hoc or permanent cost accounting support, integrated with the AP processing functions.

Accounts Receivable Outsourcing Services 

Outstanding receivables tie up the cash you need to grow your business and serve your customers. We accelerate collections while preserving customer relationships through: 

• Professional invoice generation: Clear, prompt, and branded invoices that reflect your standards and improve payment speed 
• Real-time payment tracking: Complete visibility into receivables with detailed aging reports that support informed decision-making 
• Strategic collections & communication: Systematic follow-up processes that feel personal, not pushy, while improving collection rates 
• Technical accounting excellence: Processes optimized for ASC 606 and other revenue recognition standards that meet compliance requirements 

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