Accounts Receivable Services

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 -

• Billing preparation
• 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
• Accounts receivable deductions management services
• Preparing accounts receivable reports

Accounts Receivable Software We Use

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%
• Customized inbound/outbound account handling services
• Professional handling and constant monitoring of customer disputes and discrepancies
• TQM and other quality improvement programs
• Accurate handling of data
• Confidentiality of data to ensure better security
• Services provided within a quick turnaround time

Read our article which lists the various tips and tricks which can be used to streamline your accounts payable and receivable process.

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.

Flatworld's data security and privacy measures ensure that your data is completely safe with us. Our AR functions help you improve cash flow, save time, money, and improve quality and flexibility. We also provide professional and time bound services such as Accounts Payable services, Bookkeeping services, and Tax Preparation and Processing services.

If you are looking for an accounts receivable outsourcing partner, feel free to get in touch with us or talk to one of our representatives and we will get back to you within 24 hours.

Get the Flatworld advantage and stay ahead of your peers with our cutting-edge services!