Accounts Receivable (A/R) and Accounts Payable (A/P) Outsourcing

Accounts payable (A/P) and Accounts receivable (A/R) are critical processes within Finance departments of Real Estate enterprises. Managing expenses is a difficult task and has a direct affect on profits. For Real Estate companies, effective management of the A/R and A/P processes are essential, but is a time consuming process.  RETransform’s efficient management of A/R and A/P ensures maximum positive cash-flow to minimize working capital.

RETransform has helped Real Estate enterprises with the assessment and ongoing management of their A/R and A/P processes efficiently aiding enterprises to concentrate on their core business, rather than worry about the day-to-day management of the A/P and A/R processes.

Accounts Receivable (A/R)

Real Estate enterprises are continually under pressure to gain control of cash flow while reducing costs and Days Sales Outstanding (DSO).

RETransform offers an end-to-end solution designed to re-transform the Accounts Receivable (A/R) process. From the point invoice data is available, through the posting of cash received, our solution lets Real Estate enterprises concentrate on their core business, relieved of their A/R processes in professional and secure hands.

Accounts Payable (A/P)

RETransform aids in transforming manual and paper intensive accounts payable operations into an automated outsourced process. Our proven ability to eliminate paper from and streamline the accounts payable process can help your enterprise significantly reduce the cost to process A/P invoices with no additional capital investment.

RETransform Advantage

RETransforms' fully integrated solution allows Real Estate enterprises to outsource all or part of their Accounts Payable business functions by providing the following services:

A/P Workflow

• Approval and exception routing
• Application of customer defined business rules and G/L coding
• Month-end closing process
• Documented audit trail

A/P Invoice Entry

• Manual and automated data entry
• Electronic invoice processing

A/P Payment Disbursement

• Print and mail of checks
• Secure maintenance of check stock
• Online check proofing
• Special invoice mail handling

A/P Invoice Online Repository

• Online invoice access
• Invoice transaction audit trail
• Online access to supporting documentation required for audits

Travel and Expenses

• Online approvals
• Enterprise specific business rules
• Receipts via Fax/Mail/Image
• Audit services

The Bottom Line

A Real Estate enterprise processing around 5,000 invoices each month, spends Accounts Payable (A/P) Outsourcing approx. $100,000 annually. RETransform can help save at least 30% by outsourcing your current process. These savings are realized through reduction in technology, resource utilization and check printing costs. RETransform not only helps in savings costs but also streamlines and re-engineers the process.