Receivables Management

Receivables Management is a Pro-active & Preventive solution to own the complete process from invoicing till collection of money by systematically tracking & following up at each and every milestone. Ensuring timely and correct collections from customers is an important task for every company & Pro-TEAM Solutions helps its clients by implementing Receivables Management Process. There by eliminate the hurdles in processing the invoices & payments by the customers.

Challenges Every Organization Faces

  • Working capital blocked due to delay in collection of receivables
  • High accumulation & write off of debtors as bad debts
  • High number of Receivable transaction under Reconciliation
  • Funds to make up the Working capital deficit is costlier
  • Dependency on Sales & Accounts/Finance team for collections
  • Less time to concentrate on Core Competencies
  • Problems in Collection from Customers at different Geography
  • Frequent movement of team & training the new team affects the overall AR process

Our Solutions

  • Managing the complete end to end receivables immediately after invoice is being raised till it is collected
  • Support over any chosen segment of the invoice life cycle
    • Generating & Dispatching the Invoices
    • Regular follow-ups to speedup collections
    • Sending Reminders & timely escalations for necessary actions
  • Proactive steps to ensure completion of pre collection activities & coordinate in resolving the customer queries.
  • Systematic collection procedures after payment delays
  • Periodic Customer Balance Confirmations & corresponding Reconciliations
  • Receivable Analysis & MIS for Decision making

Pro-TEAM Value Adds

  • Ensuring Completeness of invoice before submission to customer
  • Personal handover of the bills & obtaining acknowledgement
  • Get ALL OK confirmation from customer to process the bills
  • 100% customer visits to push for immediate collection
  • Target to achieve maximum collection of collectible bills with due date
  • Independent review of pending issues & necessary escalation to resolve the same
  • Aligning of expectations with division heads

Connect With Us

#530, "Akshaya Tower", 3rd Floor
5th Cross, HMT Layout, Opp. RT Nagar Police Station, R.T Nagar
Bangalore - 560 032, Karnataka

+91 (80) 2333 3000

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