consulting sevices

Receivable Management is a Pro-active & Preventive solution to own the complete process of Receivables after Invoicing till collection of money by systematically tracking & following up at each and every milestone to ensure timely Collection of Debt & Reduced DSO.

Receivable management helps in maintaining outstanding payments from customers, warding off overdue or non-payment scenarios, strengthening the company’s financial position, and allowing the business to run smoothly.

 

Common Challenges Faced by Industries

• Inaccessible or insufficient contact information

• Missed follow-ups on overdue invoices

• Writing off outstanding receivables as bad debt

• Increase in DSO

• Errors on bills and invoices

• Having trouble reconciling

• Documents lost or misplaced

 

We offer comprehensive end-to-end management solutions, including:

  • Correct or proper invoicing to customers
  • Prevention of issues with customers while processing bills
  • Ensures timely collection
  • Reduction in overall DSO
  • Increase in customer satisfaction

 

PRO-RMS

Our automated workflow process helps in

• Tracking the follow-up history

• Let the customer know the current status of each bill.

• Reviews the overall data with different analysis