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.
Pro-TEAM Solutions offers a custom made ONLINE-SOLUTION for Receivables Tracking
Is Collection Money a Challenge for you.
- 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
- 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