Elements of Back-Office Transaction Processing Services

While back-office transaction processing may be fundamental and formulaic, the accuracy and timeliness of the information it delivers are the legs upon which today's companies stand to meet their responsibilities and mitigate personal and professional risk. CFOs can outsource a variety of transaction processing tasks. They include:

Order Entry, Processing and Management

• Sales order entry and checking
• Product configuration checking
• Contract Reconciliation
• Quotations

Billing, Invoicing and Payments

• Loans processing
• Claims processing
• Application processing
• Reconciliations
• Accounts payable
• Time and expense reimbursement
• Vendor payments
• Benefits administration
• Medicare insurance claims

Credit Card Services

• Check processing
• Credit and collections management
• Credit and/or debit card processing

Litigation Support Services

• Insurance claims processing
• Class action document management

Supply Chain Management

• Third-party and fourth-party logistics
• Transportation management
• Warehousing