Invoices & Receivables

Comprehensive invoicing, accurate accounts receivable and prompt collection

Your customer has the right to expect receipt of an accurate invoice consistent with contract, it is part of the “brand experience” you provide. A good invoicing and accounts receivable service should ensure invoices are comprehensive, accurate and prompt. This is vital to increase your cash flow and reduce bad debt.

We can manage any or all of the following processes involved in invoicing and collection of accounts receivable for you:

• Preparing Invoices supported by:
  • Documentary evidence required by customers (including copies of sales orders and confirmation of product/service delivery
  • Statements that conform to customers’ requirements e.g. analysis by project or program code or total cost per line item etc...)
• Transmitting invoices electronically and uploading onto customers’ systems
• Updating invoices into accounts receivable
• Updating any factoring of accounts receivable
• Monitoring and following up accounts receivable collection
• Reconciling bank account credits and updating accounts receivable for collections
• Itemizing receipts, deposits/advances received etc... against charges
• Alerting/escalating short payments
• Preparing and transmitting statements of accounts
• Reconciling statements of accounts with customers’ records and alerting/escalating differences.
• Analyzing accounts receivables by customer, business segment, age etc and preparing accounts receivable reports
• Preparing cash flow summary (past and future, based on invoices raised to date)

Outsource accounts receivable services. Improve your accounts receivable process, accounts receivable reporting and accounts receivable management. Improve your invoice collection process. Collect accounts receivable. Unlock your working capital.

Get your business to release cash by outsourcing invoices and receivables processes.