In today's challenging economic environment, it is vital for companies to leverage their resources and extract maximum return on their investments. Most businesses are not able to devote their time and resources needed to manage the cost of carrying debt over time. They need a partner who they can rely upon to help improve cash flow by enhancing the company's internal accounts receivable department.
Flatworld's mission is to help businesses run efficiently and more profitably. Our AR services offer an innovative approach to help businesses increase the performance of their AR department by reducing Days Sales Outstanding (DSO) and increasing overall work capital. Our solution delivers measurable results by aligning our technology solutions with human capital resources.
Flatworld's Accounts Receivable Services
Flatworld has been providing accounts receivable services to global clients at highly cost-effective rates. Our A/R solutions are comprehensive yet completely flexible and thereby enable customers to choose from a range of services. Our cloud-based technology helps create a centralized archive of all related AR information. It is designed to seamlessly integrate with multiple enterprise systems.
Our accounts receivable outsource services include -
Entering receivable transactions into the accounting system
Record and account for revenue
Issuing of credit memos and refund checks approved by the customer
Maintaining subsidiary receivables ledgers
Preparing and delivering periodic statements
Carrying out process adjustments approved by the customer
Applying cash received to customer accounts and resolving short pays
Successful businesses place extreme care in managing their cash flow. You need reliable methods for extending credit to credit-worthy clients, and keep a close watch on unpaid customer invoices. Most top-end accounts receivable software is designed to help you manage customer credit so as to assure you are paid on a timely basis.
Software automates invoicing and collection processes to give you fast, efficient and automated accounts receivable management. That in turn accelerates your cash cycle, improves your business performance, and improves customer satisfaction. Some of the financial software we use at Flatworld Solutions includes -
Advantages of Outsourcing Accounts Receivable Services to Flatworld
Our team of experienced A/R specialists provides customized account handling solutions as per your business requirement. Some of the reasons for you to choose Flatworld Solutions for accounts receivable services include -
Consolidation of print, mail, and electronic deliveries from one source
Immediate access to all document images
Universal repository for all documentation required for customer service
Retrieve documents and data through a common web browser
Minimize delinquencies and bad debt
Increase cash flow and salvaged revenues
Cost-effective services which reduce processing costs by 70%
Hire Flatworld Solutions for Flawless Accounts Receivable Services
Outsource accounts receivable services to Flatworld Solutions and get ample time to concentrate on your core competencies. Our services increase your control on every account, by ensuring that outstanding invoices are followed-up and extensive reporting takes place.