Accounts Receivable

Accounts Receivable Services for Businesses in United States of America.

Accelerate your cash collection to keep the cash flowing

Good accounts receivables processes boost profits by reducing bad debt, leading to better cash flow and higher available liquidity. We can help.

Don’t let late payment turn into nonpayment

Invoicing your customers should mean money in the bank, not revenue written off. The longer it takes for a business to collect money on accounts receivable, the less likely the business is to ever collect that debt. This problem grows exponentially over time. With timely accounts receivable management, keep your cash flow healthy and predictable. We’ve got the know-how to get it done.

Customer follow-up

We have the people, processes, and best practices to monitor receivables, nudge customers when they need it, and improve overall collections.

Time savings

Inputting and issuing invoices and receipts, chasing customers for payment, plus tracking, logging, and updating AR listings is very time consuming. We’ll prioritize it and get it done.

Reduce days sales outstanding (DSO)

We ensure invoices are going to the right person for approval and follow up with the right person for payment. With our proven process, we can collect your money faster and reduce your number of delinquent customers.

Improve accounts receivable turnover

If you’re looking for funding, it’s crucial to have your accounts receivable turnover ratio be as high as possible. When money is collected on time, you’re in a stronger position with investors and banks.

Our accounts receivable services include:

Our Approach

FAQs

How much do accounts receivable services cost?

It depends. A few factors impact pricing, such as volume of transactions and frequency in which you need your statements updated. Please reach out to get a custom quote.

Can I hire you for AR on its own?

Yes, you can purchase AR on its own or packaged with other services.

How do you deal with bad debt?

We’re not a collections agency. Our process for collecting payment is to reach out multiple times through different channels. In rare cases when this approach is unsuccessful, it’s up to you to decide if legal or further action is required.

How do you do it? What’s your process for collecting money?

We have a proven process for accounts receivable. The first thing we do is ensure we have the correct contacts and understand the approval process for issuing payment. This ensures the invoice reaches the right person, and that it gets approved and paid within a timely manner. When payments are late, we take a multi-channel approach to reaching out to the necessary individuals to understand the reason for the delay and prevent the invoice from falling through the cracks.

What is a good AR collection time or days sales outstanding (DSO)?

Ideally you’re getting paid within the time you have agreed upon with your customer as stated in the terms on your invoice. The longer it takes to collect payment, the less likely it is to receive that payment. This can have longer term effects including a lower AR turnover ratio which could affect your ability to borrow.