Business4All

Close the books before the 10th of each month
Prepare Profit & Loss statements and Balance Sheets for senior management
Prepare cash flow statements
Analyze actuals versus budget and provide recommendations for necessary adjustments

Review and analyze all vendor contracts
Prepare and maintain master data for vendor payments
Receive and verify vendor invoices for accuracy in rates and time
Post invoices in the accounting system
Coordinate with the On-site accounting team for payments (Check or ACH), ACH payments can be initiated from India, with approval from the Accounting Head in the On-site team via the bank portal
Verify the payment process to ensure there are no duplicate or overpayments

Oversee the entire accounting process with a dedicated team
Plan and implement processes to ensure the smooth operation of all support functions

Review all contracts and statements of work (SOW) for invoicing purposes
Prepare and maintain master data for invoicing
Download T&E (Time & Expense) data from the legacy system
Follow up on any missing T&E data
Follow up to obtain invoice approvals
Generate customer invoices
Send invoices via email or enter them into customer portals
Coordinate with customers to resolve any changes or disputes related to invoices
Follow up on payments according to the accounts receivable aging report
Record payment details accurately

Prepare standard contracts using approved templates
Collaborate with customers or vendors to review and finalize contract changes
Work with the On-site team or legal counsel for any contract modifications
Store all finalized contracts in the company portal and grant access after approval

Back Office Support Solutions