ACCOUNTING SERVICES
Accounts Receivable & Collections
“Tailored Solutions, On-Demand Resources, Assured Quality, Round-The-Clock Service.”
Plan for Future with EA’s Outsourced Accounts Receivable & Collections
Maintain healthy supply of cash across operational spectrum with Expertise Accelerated’s support on Accounts Receivable optimization
The prevalent times call for effective cash management, an integral part of which is an optimized accounts receivable function. If your accounts receivables function is sub-optimized, you need to intervene.
But what does it take to have an optimized Accounts Receivables function? According to famed research and benchmarks, system integration, automation, and tracking of key metrics can increase the recoveries manifold, consolidating the company’s position on cash.
Expertise Accelerated leverages its global talent pool to provide you with the human capital you need to optimize your Accounts Receivables function by:
- Developing standardized processes;
- Make rigorous follow-ups on aging balances;
- Reducing reliance on cumbersome paper-based records;
- Enhancing operational transparency; and
- Shrinking the receivables collection period.
Expertise Accelerated is your gateway to assured quality with reduced cost.
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Accounts Receivable & Collections
Dunning
- Follow-up invoices on Customer Portals
- Offer payment plans
Resolution of Customer Queries
- Resolve queries
- Issue Credits Notes
- Process Adjustments
Credit Memo Processing
- Check Payment Tracking
- Process Receipts via Credit Cards
- Cash Application
Collection & Cash Application
- Reconciliation with Sub-ledger
- Bank Reconciliation
Accounts Receivable Management Services for High Cash Inflow
Expertise Accelerated leverages its unique staff augmentation and outsourcing methodology to deliver high-quality Accounts Receivable Management Services geared toward strengthening customer relationship management and boosting liquidity side by side.
EA delivers its accounts receivable services either by augmenting the client’s existing accounting & finance staff or by outsourcing the entire function, and in either case, the engagement is led by its Connecticut-based Team Leads and executed by handpicked and intensively trained offshore accounting & finance professionals.
Companies that outsource accounts receivable to EA will find that as a service provider, EA’s designated team will follow up on the outstanding invoices, initially focusing more on the aged receivables, and expedite recoveries in addition to ensuring completeness of documentation pertaining to the current balances within the individual customer portals. EA collections staff is trained to cross-communicate with the internal and external stakeholders, including the company’s accounts & finance, sales, and logistics teams, as well as brokers operating on behalf of the customers.
Outsource accounts receivable services or augment your finance department with EA’s remote staff if you want your receivables to liquidate into cash in a smooth and timely manner.
OUR PARTNERS
WHAT OUR CLIENTS HAVE TO SAY
There is only one word that comes to mind when I think of Haroon Jafree, and that is brilliant! We worked together at Sara Lee (now Hillshire Brands) on numerous business process reengineering projects in accounting and finance, including implementing a Trade Promotions Management System. As a result, we made a dramatic increase in the productivity level of our company. Haroon has exceptional ability and earns my highest recommendation.
Director IT
Sara Lee (now Hillshire Brands)
For five years, I had the pleasure of working with Haroon Jafree at Sabra Hummus. During this time the company was transformed from a small startup to a high-performance company with highly automated processes and systems. Haroon worked on numerous business process reengineering projects with great success achieving significant savings both in the accounting / finance, and operations. As someone who has had a front-row seat to his work, he is very professional in his interactions and is always a phone call away..
Director of Process & Transformation
Sabra Dipping Company (PepsiCo & Strauss JV)
I had the pleasure of working with Haroon for two years on Sarbanes Oxley internal control implementation projects. Haroon has an unparalleled ability to help clients of all sizes establish a strong accounting and internal control environment. So, if you are looking for an expert in accounting, finance, and business process reengineering, then look no further.
Senior Consultant
Audit and Compliance Group
Haroon is a person with wide range of expertise in accounting, reporting, projects management and systems. He's a great team player and is always there to help solve problems. I enjoy working with and highly recommend him.
Manager, Accounting Consolidations
TE Connectivity
Haroon has a can-do attitude. I enjoyed working with him on a recent acquisition and received guidance many times. He is very knowledgeable and resourceful.
Global Finance Executive | Retail, CPG, Manufacturing, E-Commerce | FP&A | Turnaround | M&A & Integration | Private Equity | Sales experience
Sabra Dipping Company (PepsiCo & Strauss JV)
FREQUENTLY ASKED QUESTIONS
What is accounts receivable service?
An accounts receivable service or an accounts receivable management service involves the management of your receivables, which includes a range of possible activities, such as ageing analysis, receivables collection, outstanding balances’ follow up, renegotiation of recovery terms, etc.
Is accounts receivable a customer service?
Yes, accounts receivable management is a customer service since it is connected to your customers.
How do you collect receivables?
Receivables’ collection can be done through a systematic follow up with the customers (debtors) who owe balances to your business. Communication with debtors and follow up are an integral part of this process.
What do accounts receivable and payable mean?
Accounts receivable represent balances owed by customers to your business while accounts payable represent balances owed by your business to vendors/suppliers.