We have the people, processes, and best practices to monitor receivables, nudge customers when they need it, and improve collections overall.
Inputting and issuing invoices and receipts, chasing customers for payment, along with tracking, logging, and updating AR listings is time consuming. We’ll prioritize it and get it done.
We ensure invoices are going to the right person for approval and then follow up with the right person for payment. With our proven process, we can collect your money faster and reduce your number of delinquent customers.
If you’re looking for funding, it’s crucial to have your accounts receivable turnover ratio be as high as possible. When money is collected on time, you’re in a stronger position with investors and banks.
We schedule as many calls as it takes to fully understand your business needs and support requirements.
We deploy the technology, document your workflow, take care of catch-up bookkeeping, and train your team.
Our team manages your monthly work and you receive day-to-day support from your Client Success Lead.
It depends. A few factors impact pricing, such as volume of transactions and frequency in which you need your statements updated. Please reach out to get a custom quote.
Yes, you can purchase AR on its own or packaged with other services.
We’re not a collections agency. Our process for collecting payment is to reach out multiple times through different channels. In rare cases when this approach is unsuccessful, it’s up to you to decide if legal or further action is required.
We have a proven process for accounts receivable. The first thing we do is ensure we have the correct contacts and understand the approval process for issuing payment. This ensures the invoice reaches the right person, and that it gets approved and paid within a timely manner. When payments are late, we take a multi-channel approach to reaching out to the necessary individuals to understand the reason for the delay and prevent the invoice from falling through the cracks.
Don’t worry, your financial data belongs to you. Our offboarding is pretty straightforward as we transfer account ownership to you. As a bonus, there’s no stopping you from replicating the workflows we’ve created for your in-house process – in fact, we encourage it.
Ideally you’re getting paid within the time you have agreed upon with your customer as stated in the terms on your invoice. The longer it takes to collect payment, the less likely it is to receive that payment. This can have longer term effects including a lower AR turnover ratio which could affect your ability to borrow.