Accounts Payable Receivables Processing

www.ibntech.com © 2015 IBN Technologies Limited. All rights reserved.

http://www.ibntech.com/

Vision Statement

“IBN’s vision is to become the most sought after multi service provider by way of consistency indelivering quality and value multiplying services within the constraint of time and capital underthe arc of compliance to regulations concerned.”

Mission Statement

“IBN’s mission is to be recognized within the industry as a global service provider of offshore servicesranging from Back Office Services in Investment Management and Financial Accounting sectors to ITsector with high quality and control.”


India based ITO & ITES company having Global Development & Delivery Center in Pune, Indiawith Marketing & Sales offices in USA & UK.

Team consists of 100+ Certified Professionals like Graduates/Post-Graduates/CPAs/MicrosoftCertified Professionals with diverse experience in field of Accounting, Finance, Investment, ITSoftware & Cloud Infrastructure & Consulting Space.



IBN caters to various industries with value added Accounts Payable & Accounts Receivable services, delivering costeffective processing for the clients in the US, UK and European regions. IBN AP & AR services help companies reduceand maintain low cost ( 40% savings compared to UK & US Cost ) and effectively manage their operations. IBN offersservices as per clients requirements clearly defined at the time of agreements and with well-defined SLAs in place.

Accounts Payable

P2P (Purchase to Pay)

Create Requisition

Create PO

PO authorization

Sending authorized PO to the requester

Receipt of Invoice

Invoice approval

Posting of Invoices in the accounting system

Pay the invoices.

Supplier Reconciliation

Payment Process

Handling Supplier calls

Accounts Receivable

O2C (Order to Cash)

Quote Order

Process Order

Fulfil order

Invoice customer

Receive and apply cash

Manager credit and collections.

R2R (Record to Report)

Risk management

Budgeting & forecasting

Management Reporting & Analysis

General accounting & reconciliation



Time Benefit:• Allows to plan round the clock operations.• Data Processed & critical reports prepared overnight.• Allows you to focus on your business rather than on back office functions.• Streamlining priorities to avoid loss of business.• Save time from running the business & invest time in growing the business.• Time spent on managing administrative staff, hiring, evaluation, etc.

Staff Benefit:• Highly Skilled Staff & already have experience working in US Processes which minimizes the cultural gap.• Wide Range of Industry experience from Finance & Accounting, AP / AR Support & Business Operations which includes customer support, Data Processing etc.• Understanding of Best Industry Practice & same help us in consulting approach for process improvements.• Right Level staff for different requirements• Reduce key employee risk as staff redundancy for each process is inbuilt in IBN’s outsourcing approach.

Business Benefit:• Cost Advantage• Save on Infrastructure and Technology for outsourced staff.• Access to Skilled Resources for expansion at short notice.• Time Zone Advantage.• Business continuity planning inbuilt as you have teams working at offshore location.

Cost Benefit:• Lower cost of operations by 40%. This is even true for Jr. Accountant level staff in USA.• No Overhead Cost, Employee Benefit Costs, etc.• No Training & Hiring Cost





Financial Data Security

Process Features Network featuresEnterprise Access System for

Employee Login

Non-disclosure / confidentiality agreements

Total secured CISCO VPN Tunnel to client

Secure Smart Card and Secure Premises Login with Biometric Access

Audit trails for all system activitiesSecured Cisco® Intelligent switches

and Cisco® Network Assistant optimized for LAN

Network and Windows Login

Access to registered and authorized users only

CiscoVirtual Private Network (VPN) protection and Secure Network® PIX®

Firewall to block all ports for HTTP, FTP, TCP/IP, UDP and even ICMP

PC ’locking’ & Password protected systems

Scanning of servers for penetration testing

Secure network firewalls Secure Remote Access (VPN)

Large budget outlays on security Technology-driven detections systems Secure email with digital signatures

Regular Quality ChecksSecure Encrypted Web Servers and

laptopsSingle sign on to enterprise and

desktop applications

Processes at IBN Technologies mandate the sharing of information on a strictly need-to-know basis only and have put in place powerful network authentication tools. We investigate any data transfer by employees that do not comply with our security stipulations. For utmost financial data security we have put in place the following process and network features:





IBN Technologies Limited

Phone No: +91-20-24264182/83 Email: [email protected]

GLOBAL DELIVERY CENTER (INDIA)Crystal Corporate, 306, Third Floor,

Bibwewadi – Kondhwa Road,Pune, Maharashtra - 411037

LONDON - UKIBN Technologies Limited Regd(FC031335),26 Barclay Road Croydon,Surrey CR0 1JN

USAIBN Technologies (US) LLC108 West 13th Street,Wilmington, Delaware 19801
