Accounts Receivable

You can achieve significant cost savings and improvements in operations with our approach to simplify processes across the entire cycle of billing and collection.

Our expertise, gained from serving clients over many years, has enabled us to introduce automation in a number of sub-processes, resulting in:
  • Lower cycle time for each activity of billing and collection
  • Faster collection of accounts receivable
  • Quicker reconciliation of ACH, credit card statements, PayPal and lockbox receipts
These services are an ideal fit for different types of enterprises, freeing up your time to focus on your core competencies. You could benefit from:
  • Lower working capital cycle – reduction in receivables
  • Adoption of most effective collection mechanism – evaluation of collection cycle time against the cost of collection to zero in on the most effective collection method for you
  • Less time taken for billing and collection process – reduce time by up to 20%
  • Quicker generation of invoices and faster resolution of billing disputes resulting in better customer satisfaction – improvement in the index
Our streamlined processes include:
  • Record and account for revenue
  • Allocate receipt amounts and sales invoice amounts
  • Present a list of sales invoices pending receipt and also unallocated receipts if any
  • Enter receivable transactions into the accounting system
  • Prepare and deliver periodic statements on age-wise debtors
  • Apply cash received to customer accounts and resolve short pays
  • Accounts receivable deductions management (AR deductions management) services
Our expertise as a collection agency handling your accounts receivables provides support in the following areas:
  • Setting a detailed credit approval system
  • Credit adjudication of potential and existing customers through outsourcing
  • Establishment of credit policies and terms
  • Prompt invoicing
  • Account Reconciliations
  • Cash posting
  • Development of reminder procedures for slow payers
  • Bad debt follow-up
  • Implementation of credit hold policies
  • Risk management
  • Documented policy and procedure compliance manuals (ISO, Sarbanes Oxley)
  • Shared services concept