Handling invoices from diverse sources and various formats can pose significant challenges to your account receivable and payable team(s). Sorting through heaps of invoices, extracting the right data, and inputting it manually is a time and resource-intensive process. Moreover, even the smallest mistake or inconsistency can lead to delayed, incorrect payments, penalties, and lower credit ratings. This necessitates the professional invoice processing services from Damco Solutions, as we help you expedite accounts payable digital transformation by offering a tailored blend of tools and human intelligence that cater to your global AP processing requirements.
We have engineered a tailored invoice processing services through a comprehensive approach that merges the advantages of automated data capture and expertise-driven processing. Serving as an extension of your in-house team, our professionals input all necessary information in the required file formats, extract the relevant data, and validate entries across a wide range of invoice types (standard, proforma, debit/credit, and commercial invoices) and supporting documents such as vouchers, delivery receipts and purchase orders in a timely manner. The result is a more intelligent, adaptable, and, most importantly, scalable solution that evolves to meet your evolving invoice processing needs.
Outsource Invoice Processing Services To Scale Quickly and Optimize Cash Flow
Keep the wheels of your finance department running with Damco’s invoice data entry services as our skilled data entry professionals combine manual and automated methods to extract data from invoices, regardless of their format and diligently inputting essential business information like invoice numbers, supplier details, project specifics, PO numbers, and more into your preferred database.
Avoid any overpayments and discrepancies in invoices with our tailored invoice matching and verification services as we perform thorough matching of a specific supplier’s invoice details with the generated purchased order while ensuring there are no errors in terms of item quantity, description, prices and taxes. Once this verification process is completed, the invoice is verified for the payment to be initiated.
Leverage Damco’s data capturing and indexing services as our data experts help you capture and index key invoice traits such as invoice type, general ledger code, document number and date, supplier name, gross amount, VAT amount, etc. for ease of data retrieval and accessibility at any given time.
We maintain rigorous quality control benchmarks through multi-level quality checks, and our professionals strictly adhere to standards to ensure you receive precisely what you anticipate.
We leverage advanced technologies along with methods to deliver processed invoices on time while lowering the cost to clients.
When you outsource invocie processing services to Damco, we ensure that only authorized individuals can access your data, while safeguarding your information at every stage.
Whether you require one-time large invoice processing or ongoing processing for your invoices, Damco has a readily available, highly skilled and tech-oriented talent pool to address any increase in demand to process data of any volume and complexity.
We can help you process various file formats, including paper, images, forms, and more, underpinned by our technical skill sets to capture data from all sorts of input files.
24X7 accessible client support team to resolve all your project and business-related queries in real-time, irrespective of the geographical difference.
Headquartered in Plainsboro, New Jersey, and supported by multiple offshore offices located in the USA, UK, Luxembourg, and India.