THE PROS ANDCONS OFOUTSOURC INGYOUR ACCOUNTSPAYABLE

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THE PROS OF OUTSOURCINGACCOUNTS PAYABLE

#1 Cut Costs

#4 Automated Tracking

#5 Fewer Errors

#2 Efficient

#3 Constant Coverage

PROS

1 CUTCOSTS

You can have experienced, equipped

professionals do the same job at a lower

cost by outsourcing.

PROS

2EFFIC IENTYou will find that an outsourced

Accounts Payable team is more

efficient than the in-house team.

PROS

3 CONSTANTCOVERAGE

An outsourcing company cross-trains multiple

employees on accounts. You never have to worry

about being left uncovered.

PROS

4AUTOMATEDTRACKING

Even though the task is being done by

outsourcing firm, the newest

technology allows to track each step

of the Account Payable process

instantly.

PROS

5 FEWERERRORS

Human errors can lead to the costly consequences.

However, outsourcing your accounts to firms can

mean fewer errors, thanks to the software involved.

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THE CONS OF OUTSOURCINGACCOUNTS PAYABLE

#1 Loss of Control

#2 Dependency onthe AP Firm

CONS

1 LOSS OFCONTROL

When you outsource your Accounts

Payable process, you do give up control

when it comes to how the AP is being

handled.

CONS

2DEPENDENCYIf you outsource your Accounts

Payable, you will depend on that firm

to do the work. If something were to

happen to them your AP would be

put at risk.

THANKS !

- - AVA ROB INSON