Accounts receivable is the accounting process of dealing with invoicing customers and recording sales transactions. While booking a receivable is a rather straight forward accounting transaction, the process of maintaining and collecting payments can be a complicated and time consuming activity. We provide high quality accounts receivable management services to help organizations to improve cash flow and liquidity while maintaining good relations with customers. We have experience of using a wide range of desktop accounting software and applications such as QuickBooks, Sage Simply Accounting, ACCPAC and MYOB, and online accounting software such as FreshBooks and Kashoo, that is appropriate to the size and the needs of your organizations. Our services include:
Transaction Processing: This includes generating sales invoices and credit notes for electronic mailing to customers and processing accounts receivable receipts based on agreed accounts receivable processing procedures tailored to the workflows of your organization. The source documents can be in format of either electronic or paper.
Accounts Receivable Aging Control Service: This includes monitoring the aging of accounts receivable based on agreed accounts receivable collection procedures such as reminder emails for receivables aged over 30 days and/or 45 days and personal follow-up calls for receivables aged over 60 days.
At your discretion,
the sales invoice/receipt transactions can be processed at your chosen periodical basis - daily, weeky or bi-weekly; and
online realtime access to the accounts receivable journals and aging accounts receivable listing, etc. can be available anywhere 24/7.
We are flexible in tailoring our accounts receivable management services to your organization, whether your needs are to ...
outsource your whole accounts receivable processing department, including the transaction processing and accounts receivable aging control;
fill in a resource gap in a specific accounts receivable area; or
have a professional accountant reviewed and reconciled your accounts receivable records prepared by an internal/external bookkeeper
Your benefits include ...
a virtual accounts receivable processing department in charge by a professional accountant acting as a controller of the accounts receivable of your organization;
instant generation and emailing of customer invoices;
centralized control of customer invoices;
fraud prevention/detection with customer accounts reconciliation;
automated generation and emailing of monthly customer statements;
improved management of cash inflows with our accounts receivable aging control services;
reduced bad debts and financing costs with our accounts receivable aging control services;
reduced processing costs of accounts receivable;
capability to generate pertinent sales and accounts receivable information required to manage and grow your business;
reduced costs of staff recruitment, supervision and turnover as well as related overhead; and
increased focus on core business activities leading to increased profitability.
With our high standard accounts receivable management services, you will have access to an assigned professional accountant and an assigned accounts receivable bookkeeper knowledgeable about your business and accounts receivable, and available to perform financial analysis for assisting or directing the growth strategy of your organization. | 
