iRapidO

Procure To Pay (P2P) Services (Accounts Payable)

OPTIMISE AND CREATE VALUE WITH YOUR SUPPLY CHAIN.

iRapidO specializes in comprehensive Procure to Pay (P2P) Outsourcing designed to transform your accounts payable function. Our P2P Outsourcing Solutions leverage AI and automation to build efficiency and deliver significant savings across your direct and indirect spend.

From AI-Powered and automated capture of invoices to rules-based processing, we ensure your outsourced procure-to-pay process optimizes procurement costs, boosts profits, and keeps control firmly in stakeholders’ hands with actionable insights and dashboards.

Financial charts with eyeglasses, Euro currency, and a red pencil representing P2P outsourcing services

VENDOR MANAGEMENT

  • Centralized Vendor Data Management

  • Efficient rule-based processing of invoices

  • Reduced delay times of payments

  • Vendor Performance Evaluation

  • Catalog development and management

CONTRACT MANAGEMENT

  • Centralized contract management

  • Contract Authoring

  • Contract Administration, Approvals, & Archive

  • Contract Compliance Monitoring, Auditing, & Expiration Analysis

TRAVEL & EXPENSE (T&E)

  • Streamline your T&E process

  • Accurate receipts routing, approvals and payments

  • Reports and dashboards for spend analytics

PROCUREMENT HELPDESK

  • Employee and Vendor Query Management

  • Transactional Procurement Support for Spot Buys and Tactical Buys

INVOICE PROCESSING AND RECONCILIATION

  • Accurate invoice data capture and processing: Two-way and Three-way matching

  • Purchase orders (POs) processing, routing and approvals

  • POs and Invoice linking across contracts

  • Tail spend management

WHY COMPANIES ARE OUTSOURCING FINANCE & ACCOUNTING SERVICES TO iRapidO?

Insurance companies trust iRapidO to handle their finance and accounting operations with precision and reliability. By outsourcing to us, they reduce costs, enhance accuracy, and stay compliant—while freeing up internal teams to focus on strategy and customer service.

Finance and Accounting Domain Expertise

Expertise in managing end-to-end finance and accounting processes.

Insurance Domain Expertise

Deep knowledge to handle all your insurance processes effectively.

24x7x365 Operations

Continuous support to keep your operations running smoothly.

Lower Cost of Operations

Reduce expenses without compromising on quality.

Flexible Engagement
Models

Choose service models that fit your business best.

Rapid Scale Up

Accelerating growth with rapid scale-up strategies for maximum impact.

Process Automation

Save time and reduce errors with automated workflows.

Continuous Training and Skills Upgrade

Keep your team up-to-date with regular trainings.

Stringent Data Security

Protect sensitive information with robust security protocols.

Regulatory Compliance

Ensuring adherence to all regulatory requirements with precision and expertise.

Consult with our Finance Domain Expert

Get personalized insights tailored to your business needs. Our experts are here to guide you every step of the way.
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