The document discusses accounts payable outsourcing services offered by Offshore Accounting and Taxation Services (OATS). OATS manages the entire accounts payable process for clients, including invoice receipt, payment, tax deductions, and statutory compliance. This allows clients to streamline their accounts payable while reducing costs and increasing efficiency. Services include vendor contract management, invoice payments, tax deductions, and creditor reconciliation. Outsourcing accounts payable to OATS provides benefits such as accuracy, access to vendor information, and an efficient payment process. An example client case highlights how a manufacturing company was able to reduce costs and meet management requirements by outsourcing accounts payable to OATS.

1. Accounts Payable
Outsourcing

2. Accounts Payable Outsourcing
In day to day operations, you have to deal with a host of vendors across
your functions.
Managing all their accounts payable issues including invoice receipts,
payments, tax deductions, managing statutory compliances can be
quite a hassle.
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3. Accounts Payable Outsourcing
Through our services in APO (Accounts payable
outsourcing), we at Offshore Accounting and
Taxation Services (OATS) have ensured that Accounts
Payable can be managed smoothly and efficiently
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4. Services we offer
Vendor contract
management
Invoice
payments
Deduct TDS
Issue statutory
certificates
Creditors
Reconciliation
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5. Benefits
Increasing efficiency in invoice processing and overall
vendor management
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6. Benefits
Avoid unnecessary expenditures and
maintaining accuracy
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7. Benefits
Possible to access information across
vendors through our proprietary
vendor portal
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Vendor Login

8. Benefits
A highly efficient vendor payment process
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9. Illustrative Case – Accounts Payable Outsourcing
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Client : A large manufacturing company, having turnover of over INR 1,000 crores
Need : The company was facing issues related to excess payments to
vendors, non-deduction of retention money as per terms of purchase
order, errors in TDS deductions . They needed to streamline this
process
Benefits
• By outsourcing the Accounts payable process, the company was able to reduce costs, while
increasing efficiency in Vendor bill passing process
• The company was able to meet management requirements with respect to MIS reporting
• Company could focus its efforts on growth initiatives
Solution :
• OATS offered to own and manage Vendor Freight Bill Passing Process.
• OATS carried out the process study and designed the document for
Vendor Freight Bill Passing Process
• The team at OATS put together a robust and comprehensive process
ensuring timely deliverables to the company

10. About OATS
Offshore Accounting & Taxation Services (OATS) offers customer-centric Finance &
Accounts outsourcing solutions.
F&A
Outsourcing
Accounts
Payable
Consolidation
Bank
reconciliation
Subsidiary
Accounting
Tax
Compliance
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11. About OATS
With the right investments in technology tools, a capable team and a strong
network comprising of Chartered Accountants, Cost Accountants, MBA
Finance, company secretaries, OATS provides unique value to its customers.
OATS is entirely committed to deliver a superior customer service
experience and help you focus on your core business
Combining years of experience, cross-domain expertise and
leveraging technology, OATS delivers cutting edge solutions to make
‘simplified accounting’ a reality
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12. Thank You
OFFSHORE ACCOUNTING AND TAXATION
SERVICES PRIVATE LIMITED
Sujam, Survey No. 81/5B
Plot No. 1, Chandragupta Housing Society,
Behind Maharaja Complex
Paud Road, Kothrud
Pune – 411038. INDIA.
Web : www.oats.co.in
Email : contact@oats.co.in
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Offshore Accounting and Taxation
Services Pvt. Ltd.
OATS_Finance
https://www.youtube.com/OAT
SFinance
@OATS_Finance