Accounts Payable Processing

TruckTax Accounts Payable Process management service is designed to give our business clients the flexibility to outsource the total or partial Accounts Payables functions without giving up control of the cheque/check issuing process.

We use imaging and web-based technology to rapidly reduce your Accounts Payable costs. We have the ability to help your existing AP department or assume all of your AP functions without you having to invest in new technology, equipment and/or software.

Outsourcing of non-core corporate tasks such as accounts payable, is nothing new. For years companies large and small have been outsourcing those functions that added no value to the bottom line.  

Accounts Payable (AP) is one of those business process functions that do not contribute to the bottom-line of the business.  In essence, it is a necessary business process function that contributes no strategic value. 

As a result, Outsourcing Accounts Payable processing function will free up working capital, reduce business process costs, increase staff productivity, provide tight controls over operational disbursements, help maximize vendor discounts and leverage bank float by having the option to control the invoice payment process.

TruckTax will take on as much or as little of your AP functions as required, regardless of the size of your company and/or number of invoice transactions. 

Specifically, we will provide the following services:

• Receipt of hardcopy or electronic invoices

• Auditing invoices to ensure contract compliance

• Resolution of mismatched invoices

• Routing invoices electronically for approval

• Data entry into our customized AP system

• Provide clean invoices report for General Ledger

• Create vendor payments cheque run report  

• Imaging and storing invoices electronically

• Storage of hardcopy invoices

Our service utilizing web-based technology will create a seamless, exchange system for tying vendors, buyers, receiving information and approvals together. 

There is no software required to install on your desktop or server. We become your AP department working within your business rules. .

Value Proposition

Our objective is to reduce your costs while increasing the efficiency and productivity of your operation.

More information   -     - Trucktax by email 

or call 905-479-6444