Effective management of accounts payable contributes to cash flow - and thus is of strategic
value. Processing accounts
payable can be a much larger expense than management realizes. So when
accounts payable is inefficient, a company can spend valuable resources
on an activity that cannot generate revenue.
Recognizing the inherent cost factors in traditional AP processing, and the technology
available to streamline it, Macro Solutions has taken the AP function and broken
it down into its major components 1) document management 2) data capture 3) cash
flow management 4) remittance fulfillment and 5) status reporting. Focusing proven
technologies on these separate components, combining them to form a cohesive
and holistic technological platform, and leveraging the economies of scale possible
with specialization, Macro Solutions has transformed the mechanics of AP processing
for the average business.
Outsourcing service providers specializing in a specific business process, such
as Macro Solutions in accounts payable, bring companies significant value through
savings lessons learned, ownership of transactional process systems used to manage
accounts payable, expertise in technologies related to accounts payable, and
economies of scale. For you this translates into more control, lower costs, reduced
risk and enhanced company focus.
The Benefits of Outsourcing
An increasing number of companies have
concluded that outsourcers specializing in a particular business process,
such as Macro Solutions in accounts payable or ADP in payroll, can do it better
and at a lower cost than they can internally. Moreover, businesses must
look at streamlining non-essential operations to compete in the global
marketplace as small- to mid-sized companies are being asked to match,
if not best, the efficiencies of large, multi-national giants and their
huge technology budgets. In order to drive down costs in administrative
and paraprofessional departments, like accounts payable processing, companies
will have to deploy technology and reduce headcounts. Macro Solutions enables them
to achieve these objectives with very little upfront cost.
Macro Solution's A/P Outsourcing platform
provides a solution to immediately improve performance and increase
control over accounts payable processing and management. The reasons our clients
most often cited for outsourcing accounts payable functions and operations
to Macro Solutions include the following:
- Reduce and Control Processing Errors. The traditional A/P process is error ridden and inefficient,
the Macro Solutions platform reduces errors and increases processing efficiencies.
- Reduce and Control Processing Costs. Do away with increasing costs and errors due to an inability
to develop best-in-class processes, implement key automation technologies,
and control operational performance.
- Improve Supplier/Vendor Satisfaction. Your company will not face higher prices and
risk losing key suppliers/ vendors due to accounts payable operational
deficiencies, poor customer service, and ongoing late payments.
- Reduce Key Person and Turnover Exposures. Eradicate risks and impact of having operational
and business process knowledge lost in excessive turnover.
- Improve Company Focus. Free
internal resources, capital, and management time for other purposes.
Macro Solutions lets you do what you do best, while letting your outsourcing
partner do what they do best.
Case Study: Effective and Efficient A/P Function implementation.
|