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Our Order-To-Cash management outsourcing is designed to provide businesses with a convenient managed service Solution that includes:
People, Process and Technology to professionally manage the order-to-cash business processes across the company.
Under the order-to-cash service system,
CollectAR will assume the management and accountability of the complete end-to-end order-to-cash business processes and deliver significant improvement in the working capital contribution from the accounts receivables investment as well as, increase productivity, efficiency and customer satisfaction.
The Bottom-line!
Outsourcing this critical yet non-core business processes to
CollectAR will deliver significant costs reduction to the business bottom-line, as well as measurable improvements in the related business functions.
More and more businesses are turning to outside service providers to help strengthen their accounts receivable management functions and improve their cash position, by outsourcing the full range of their accounts receivable management processes:
This type of outsourcing arrangement can generate value beyond cost reduction, by boosting working capital and help your company improve its debt-to-equity ratio, reduce its external financing needs, reducing the DSO and increasing the cash flow generated from receivables.
You will gain more time to focus on the core business competences.
End-to-End service includes -
How it works!
Clients would simply email a copy of the daily sales ledger information to
CollectAR at the end of each day and CollectAR would use this information to create, print and mail invoices to your customers.
Next, we manage the receivables created and work to collect payment early within client established credit terms, so as to move and maintain a higher percentage of accounts to current.
Your customers would send payment directly to your company and as payment is received, you would simply provide us with payment received information and/or
a copy of lock box report each day for cash application to the various outstanding invoices in the receivables portfolio being managed by
us.
This daily cash application process would update the accounts receivable status, and manage our collections efforts and identify customer disputes which we would handle with input from
you.
For information management, we
customize our collections system to enable our clients
to login to their customer collections accounts
file to review account status and dialogue as required and print various customized accounts receivable and cash flow management reports as required on-line.
This outsource order-to-Cash managed service system, is an efficient
and very productive way for businesses to cost-effectively improve cash flow and bring their average days sale outstanding (DSO) to current to within 10 – 15 days or less of credit sales terms.
Through our application of best practices, people, technology and specific hands-on knowledge and experience,
CollectAR is able to deliver measurable benefits to our clients' bottom line.
- Boost Working Capital
- Reduce external Financing Needs
- Decrease Business Process Cost
- Increase Customer Satisfaction
- Eliminate billing service calls
- Leverage Technology Investments
- Leverage existing technology investments more effectively
- Increase Business Flexibility
- Focus on core competencies
- Adapt to change without major investments
- Enhance receivable and cash flow performance
- Reduce business process management costs
- Reduce billing errors and customer claims
- Eliminate future investment in technology and improvements
Make the strategic decision to outsource your company's Order-To-Cash business process function to
CollectAR and enhance your competitive advantage.
Benefits
Call us for more information: (905) 305-6696
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