Transaction Processing
Tandem offers a range of services under Transaction Processing. Our efficient domain and process oriented staff consistently ensure high accuracy levels and on-schedule delivery. Some of the key services we offer include:
Travel Claims Management:
- Collection of travel claims / bills from the Client
- Verification of bills, documents produced with the claim form submitted
- Ensuring the expenses incurred adhere to the corporate travel policy of client
- Communication with employees / finance department for clarifications
- Preparation of employee-wise payable statement for transfer to bank
- Travel Claim reports by cost center and other MIS as required by the client
- Web enabled access for claims processed
Incentive Claims Management:
- Verifying the input file to ensure correctness of the required details
- Computation will be done as per the client’s instruction (% of commission to be paid to the respective staff /vendor etc., )
- Arriving at the Net payable amount after considering deductions like TDS etc.,
- Updating the same in the client template
- Preparing the payment disbursement – Bank Transfer / DD list etc.,
- Providing MIS, as per Client’s requirement
- Web enabled access for claims processed
Invoice Processing:
- Billing – Maintenance, control & bills follow up
- Collection of cheques & reporting
- Reconciliation - Client Vs Vendor
- Reimbursement