Accounts Receivable  

"leave Accounting burden on us and feel free to Focus on your Core Business"

Accounts Receivable refers to the outstanding invoices owed by a Customer for the goods and services provided by a Seller. It is an important aspect for every business to analyse their short term liquidity position. It helps the management to understand how effectively they can cover their short-term obligations without any additional cash flows. The strength of an entity's AR can be assessed with the Accounts Receivable turnover ratio that helps the management/investor to understand how effectively an entity manages its credits and debts collection. A higher receivable turnover ratio is considered to be more favourable for businesses. Timely and effective AR process is crucial for improved cash inflow and business performance.

Our Accounts Receivable outsourcing services are beneficial for businesses that want to identify and follow up on outstanding invoices more efficiently and want to streamline the overall AR process by slashing the operational & administrative cost significantly.

Our Accounts Receivable Workflow Process


Best Book Keeping services provider



1

Sales Quote

Sales quotation to potential customer will be issued by our team of experts after in-depth evaluation in terms of quantity, proposed pricing, nature of items etc.

2

Sales Order

Once the sales quotation is accepted by buyer, the sales order will be issued to customer after monitoring with respect to quantity, shipping address, billing address, mode of payments, terms and conditions etc.

3

Customer Invoicing

Customer invoicing is cross-validated and issued by us after evaluating the open sales order and precisely tracking of invoices are sent via email, fax etc within agreed timeline.

4

Cash Application

Payments in customer ledger account against respective invoicing are applied by our team after considering the necessary adjustments like discount given, WHT (withholding tax) etc.

5

Debt Ageing Report

To estimate the potential bad debts, debt ageing report will be closely monitored and prepared with invoice date to determine the invoices overdue for payment.

6

Bad Debt Analysis

Our team will analyse the potential bad debts on the basis of debt ageing report alongwith making provisions for the doubtful debt as per debt policy in the system.

7

Customer Ledger Reconciliation

Customer ledger reconciliation is prepared and reconciled by us with external supporting document i.e Debtor Confirmation Report.

8

Dispute Management

We feel privileged to support our valuable clients for any queries raised by customer and perform corrective actions in Customer ledger account.

9

Quality Control Checking

The complete process is supervised/monitored by our Subject Matter Experts that help us to deliver quality services exceeding your expectations.

Service Offerings


"We are a team of professionals offering best Accounts Receivable services"



SALES ORDER MANAGEMENT



SALES INVOICE PROCESSING



INVOICE DISPATCH TO CUSTOMER



CASH APPLICATION



DEBT AGEING REPORT



BAD DEBT ANALYSIS



AR SUBLEDGER RECONCILIATION



DISPUTE MANAGEMENT

Benefits of AR Outsourcing


Here is why you should choose us as your Accounts Receivable service provider

  • Increased Efficiency
  • Reduced Staffing Cost
  • Reduced Administrative Overhead and Costs
  • Focus on Core Business Areas
  • Improved Collections
  • Improved Customer Relationship

Do you want to be a member of Adhira Financial Services family? Just contact us today!!