Q. Does outsourcing really save money?

A. By adding a "virtual" accounts payable department, outsourcing experts have determined that you can save at least 25% of your current accounts payable processing costs. These costs include direct labor, overhead, management, supplies, software and hardware.

Q. What types of accounts payable transactions does APoutsource.com handle?

A. We handle a wide range of transactions, including purchase order and non-purchase order invoices, consolidated statements, EDI transactions, ERS payments, phone bills, utility payments, prenotes and prepayments, check requests, employee travel and entertainment expense reimbursements, debit/credit memos, check returns, check print and distribution, and ACH transactions.

Q. Will I lose control of my accounts payable process?

A. Outsourcing your accounts payable process helps improve your information management, quality controls and audits, and fixed transaction prices. APoutsource.com integrates with your policies and procedures. We refine our services as your business needs evolve. You have access to real-time summaries and detail reports to track paid invoices and measure our performance. An APoutsource.com professional partners with you to develop solutions for streamlining processes and maximizing operational efficiencies.

Q. Will it be expensive and time-consuming to implement?

A. There are minimal up-front fees. Costs are based on a per-invoice processing fee. We can go "live" with your virtual accounts payable department in three to four weeks in most cases. This includes deciding on the custom solution, detailing policies and implementing the network connection between systems.

Q. Do I have to purchase new software and/or modify my systems?

A. No. All you need is an Internet connection, e-mail and a Web browser. Our software interfaces directly with all finance and EDP packages. No modifications are required to your system and no software installation is necessary on your desktops or network servers.

Q. Will my employees have to learn a new system or change how they work?

A. Instead of hard copy invoices, your employees will find electronic versions via a Web site. They are notified of invoice status by e-mail. Their comments on each invoice can be entered online and forwarded to the appropriate person. It saves employees time, paperwork and confusion.

Q. Is there a minimum amount of checks or employees required to use this service?

A. There is no minimum required.

Q. If I am interested in exploring an outsourcing partnership with APoutsource.com, what is the next step?

A. The first step is to call 1-888-624-5786 or e-mail jromano@ctpsolutions.com. Then, one of our representatives will meet with you to determine the right solution for your needs. Once you are satisfied with our approach, we can go "live" within three to four weeks in most cases.