Accounts Receivable Services Outsourcing

Account Receivable is the most important asset in your balance sheet. Many businesses are aware of its importance but fail to give the focus and corrective actions for efficient management of this asset. Also, businesses are not able to allocate their time and resource effectively for timely collection of the money due from customers. Great effort is made for acquiring new customers and then delivering the product / services. The cycle will be complete only when the money due from the customers are collected on time. Any negligence to collect the receivables can cause cash flow issues and can result in causing bad debts for the company.

Long due accounts receivables can turn into bad debts, which is not desirable for businesses. While it is good to receive payments immediately, this is not possible for every industry due to the credit period existing in every industry. So, appropriate accounts receivable management is crucial, which will let you manage accounts receivable in a continuous and timely manner. One easy way to deal with these issues is to outsource accounts receivable.

AFCOS help clients to take control of their cash flow. We make use of different accounts receivable software to help Indian businesses with accounts receivable, ensuring that they do not turn into bad debt. We have served many businesses belonging to different industries. Our experts will track your accounts receivable regularly and help track any irregularities allowing you to bill a customer on time or not to know whether you have been paid or not. Right from maintaining records of bills to analysing overall accounts receivable, we will help you with the overall accounts receivable process.
 

Accounts Receivable Management Services

• Creation of invoice

• Maintaining a record of the bills

• Record of received payments

• Regular billing to customers based on inputs from our clients

• Adjusting the payments with invoices

• In-depth analysis of accounts receivable reports

Why choose AFCOS

AFCOS assists in streamlining the cash flow for businesses. We ensure that your customer is paying on time, and we highlight those who do not. Our highly experienced team at AFCOS will provide an accurate picture of your business in terms of receivables, bad debts, and much more that enables you to reduce your stress related to the accounts receivable process. We also send out invoices and email your clients using the best accounts receivable software.

With AFCOS outsourced accounts receivable service, you get customised service tailor-made to your needs. Tasks like regular follow-ups on the unsettled invoices, sending out regular reminders, and negotiating with the debtors are no longer your headaches. You may also provide a discount to debtors who facilitate prompt payment and improve cash flow. With our service, be assured of getting the money due to the business while you focus on growing the business.

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Benefits of Outsourcing Accounts Receivable Services

Outsourcing Accounts Receivable Services to AFCOS can be beneficial due to

• Efficiency Improvement - with an outsourced partner, you can focus your time, effort, and money on acquiring new  customers instead of spending on the accounts receivable process.

• Cost-Effective - An Outsourced Accounts Receivable Service cost as compared to hiring in house resources will be much affordable

• Reduce Days Sales Outstanding (DSO) by ensuring every sale is recorded and receivables are collected, keeping in mind the outstanding days.
   

Why choose AFCOS

AFCOS assists in streamlining the cash flow for businesses. We ensure that your customer is paying on time and share reports of those who do not. Our highly experienced team at AFCOS provides an accurate picture of your business in terms of receivables, bad debts, and much more that enables you to reduce your stress related to the accounts receivable process.

With AFCOS outsourced accounts receivable service, you get customised service tailor-made to your needs. Tasks like regular follow-ups on the unsettled invoices, sending out regular reminders, and negotiating with the debtors are no longer your headaches. You may also provide a discount to debtors who facilitate prompt payment and improve cash flow. With our service, be assured of getting the money due to the business while you focus on growing the business.