Objective
Our Video!
Our Video!
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.
- Due to the pandemic spread, most of the customers have not started their operations from offices, (operating from home) or have started with constraints.
- No dedicated Collection team / Dependency on Sales team for follow-up
- Sales team / Collection team finds it Difficult to travel due to the restrictions and fear of the pandemic spread.
- Difficult to Review & Monitoring of in-house team on collection progress.
- Customers also Avoiding physical meetings, expect mail communications.
- Customer Contact details are normally Scattered/Outdated with various executives.
- Issues with Customers are not immediately addressed or escalated which delays complete payment processing cycle.
- Non /delayed submission of invoice & supporting documents
- Lack of Consistent follow up and Reminder system which can Reduce DSO