Benefits of Outsourcing the Accounting Services for Logistic Business
In the logistic business, channelization and effective control of funds is extremely important, particularly as there are multiple agencies in the long supply chain during the transportation of cargo from the pickup point to the destination. Only those who understand it in its totality, will be able to value the time and manpower spent in the complex processes of generation of invoices, vendor bills, accounts, ledger, bank settlements et al for this complex supply chain.
We, at Info-X, appreciate the value of your time and also understand how important this monotonous and tedious sounding work is. Hence, we have for you an excellent option of outsourcing the entire accounting work. Outsourcing of the accounting processes gives you a lot of time to concentrate on your core business, saves you a lot of money that you spend on hiring manpower and gives you very satisfying results.
Backed by several years of domain knowledge of the accounting systems specifically relevant to the logistic industry, Info X’s outsourcing accounting Module provides a comprehensive accounting services right from the Invoice entry to the General Ledger, including:
Invoice Entry, Payment receipts entry, Division wise accounting, multiple bank accounts, customizable reports , vendor bill entry, bill payment entry, check writing and printing, A/R and A/P clearing, Banking module, Company Admin and security module, Financial statements, General ledger reports.
Thus hiring Info-X USA for outsourcing accounting is a bright idea. This is a win-win situation for any shipping logistics company. Not only do Info-X professionals take on your tedious tasks but they also make sure that these are executed competently and handled by a dedicated team of accounting experts. The dedicated accounting team working on your company’s account will make sure that each detail is looked into and the tasks performed.
Under the Invoice entry you get
- Auto generation of invoices from the Logistics system.
- Option of Manual Entry for open item customers
- Drop down features for customers
- Customization of Invoice Print Formats
- Entry of Credit Notes
For the Payment Receipts Entry and likewise for the Division wise Accounting it is possible to get the following –
- Assigning of Receivable for each Division in separate accounts
- Reports can provide Sub Totals of Receivables division wise
Also. Outsourcing accounting package from Info-X gets you various other options –
- Entry Screens for payment receipts
- Option of Deposits to multiple bank accounts
- Option for discounted payments
- Option for displaying list of outstanding invoices and applying payment receipts to selected invoices
Thus to state the obvious – outsourcing accounting for your shipping business is surely a great idea. But, what is equally important is to choose the right company, with the right credentials.. Info-X has been in the business for years and has carved a niche of its own owing to the quality work provided consistently. Our clients vouch for our quality work and timely services.
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