NOT ABLE TO MANAGE YOUR CASH-FLOWS?
Our accounts receivable service is supported by professional accountants with years of domain-specific experience and is designed to help our clients optimize their collection processes as well as cash flows. We work closely with our clients’ business teams to handle various finance functions that directly impact their cash flow.
Not just large scale companies, even small and medium scale businesses have a hard time keeping track of accounts receivables. By outsourcing accounts receivable service to a dedicated firm such as DP Tech Group that specializes in this type of financial services, you can be assured of a healthy order-to-cash cycle on an ongoing basis. Your business will get back its payments in a shorter timeframe, register a better collection rate within days and also achieve speedier invoice processing.
Which Accounts Receivable Services Can Be Outsourced to DP Tech Group?
We at DP Tech Group, provide end-to-end accounts receivable services to our clients spread across the globe. You may choose to engage our skilled workforce for just one service at a time or outsource all of the following:
- Preparing bills post approval and mailing them after approval by concerned executive
- Revenue accounts and record maintenance
- Logging accounts receivable transactions into the main system
- Creating accounts receivable reports
- Creating and maintaining periodic accounts receivable statements
- Maintenance of receivables ledger
- Order management and customer billing
- Credit and bad debt analysis
- Handling collections
- Cash forecasting and reporting
- Deductions and dispute management
- Customer billing and order management
- Issue of refund checks as per customer’s approval
- Resolve short pay issues
Which Software Are Used for Accounts Receivable Service Delivery?
As a leading organization specializing in accounts receivable services, our workforce is trained to adhere to all prevailing international standards. We focus on driving efficiency by using automated tools including the advanced software so that our clients receive the best-in-class accounts receivable service when they choose us as their outsourcing partner. Listed below are some accounting software that our accountants are well-versed with:
- QuickBooks (all versions)
If the need be, our accountants and technical support staff can also help integrate these accounting applications with other financial systems including but not limited to SAP, Oracle, PeopleSoft, etc.
Why Businesses Outsource Accounts Receivable Service to DP Tech Group?
- Reduced possibility of bad debt
- Have fewer delinquencies
- Reduced operating cost
- Healthier cash flow
- Round the clock support
- Top notch data security measures in place
- Intelligent data storage and easy retrieval
- Increase in recoveries
- Eliminate unapplied credits
- An online extension of client’s credit dept
- Collections team ensuring additional salvaged revenues through primary charge-offs
- Image access by multiple users possible
- Accounts receivable documentation made available digitally and by email (or in print)
- Safeguard against possible loss of revenue
- Reduce customer churn
- Greater control over revenues
- Less accounts receivable overhead
- Maintain greater billing accuracy
- Monitor statutory and regulatory compliances
- Assured business operation cost reduction
With DP Tech Group, you have the option of choosing from our customizable services that cater to your unique accounts receivable service requirements. You can pick the ones that matter the most or customize a solution that’s in tune with your strategic goals.
Call us today at 630-372-0100 for a free consultation. We will connect you with our expert team who can answer any queries you may have about outsourcing accounts receivable requirements.