Business dynamics across the globe are changing rapidly with a common goal – “To improve bottom-line or Profit”; which is the most important aspect of any organization's existence.

Many organizations are using either help of Technology or offshoring some of the non-core or routine or time taking activities in an effort to increase the bottom line. Although essential, Accounts Receivable (A/R) or Collections for many businesses is considered as low-level task/activity.

However, at Bookkeeping 360 we turn A/R into a business process that helps our clients not only save time and save money but also improve quality and flexibility which results in improved cash flow. Our proven methodology and years of experience have resulted in repeated success for our Clients in terms of outsourcing.

Accounts Receivable services:

We provide the following AR services to our clients across the globe:

* Invoice preparation and emailing after Client’s approval
* Record and account for revenue
* Entering receivable transactions into Client’s accounting system
* Preparing and delivering periodic statements
* Maintaining details of credit memos and refund checks
* Carrying out process adjustments approved by the customer
* Applying cash received to Client’s accounts and resolving short pays
* Preparing accounts receivable reports
* Accounts receivable deductions management (AR deductions management) services
* Detailed delinquency Report
* Balance confirmation from clients

Accounting Software Expertise

Bookkeeping 360 team has extensive experience, process and project management skills and functional specialization make us the industry leader in accounts receivable solutions. We adhere to industry best practices and have robust automated processes to provide leading-edge Accounts Receivable Outsourcing Services.

Our team has expertise in following finance and accounting services software:
* QuickBooks
* Yardi Voyager
* Xero
* SAP
* Oracle

Benefits Realised:

Following are some of the benefits which our Clients have realized so far:
* Monthly Financial reports provided on time aiding in swift decision making
* Reduced collection time
* Increased recoveries
* Decrease in bad debt
* Reduced operating cost
* Reduced Turn-Around-Time of AR documentation with the help of email
* Maintained online repository of AR documentation helping the Client provide easy backup solution and 24×7 access.
* Reduced errors due to proper process documentation and management
* Contingent resources ensure that the work never stops is process-driven and not Person dependent.