Receivables Management
Our Receivables Management services provide businesses with the ability to outsource their entire management process to us. We handle all associated tasks, including recording all receivables, creating invoices, sending them to customers, conducting follow-ups, ensuring safe payment processing, and reconciling transactions with your bank statement.
Our Receivables Management services include the following steps:
- Recording receivables
- Creating invoices
- Sending invoices
- Conducting follow-ups
- Ensuring smooth payment processing
- Reconciling
Our Receivables Management Services
Recording receivables
We carefully document the names of all entities who owe payments to your business and the details of their payments to ensure accuracy and avoid discrepancies.
Creating invoices
When it is time for payment, we can create invoices for you using advanced accounting software.
Sending invoices
Once completed, we send the invoices to the concerned parties via email or other communication channels.
Conducting follow-ups
We provide gentle reminders to clients/customers to process payments.
Ensuring smooth payment processing
We ensure that amounts reach your business account safely by providing customers with accurate transaction details.
Reconciling
After payments are made, we reconcile them with your bank statement(s) to ensure accurate data recording.
Trust Square Accounting to manage your receivables and provide you with the financial stability you need to focus on growing your business. Contact us today to learn more about our Receivables Management services.
