One of the most visible and the largest assets on a balance sheet is Account Receivable. Even though businesses are aware of its significance, it is still not presented with the kind of importance it deserves. A business spends a lot of time, effort and money in acquiring new customers and then the same amount of time in delivering the product and services to the masses. Thus, when it comes to receiving money for those efforts, it should be done on time, not just to maintain bank balance/cash, but to avoid any debts. An inefficient accounts receivable service management obstructs the cash flow and results in causing debts for the company.
To ensure that every customer pays on a regular basis and to highlight the ones who do not, our accounts receivable services online can be helpful. Once you outsource your accounts receivable to our highly experienced team at Whiz Consulting, we extend an accurate picture of your business in terms of receivable/bad debts, etc. We send out invoices and email your clients using the tool of your preference such as QuickBooks, XERO etc. We also take follow up task seriously, we connect with your clients directly on the invoices due. When you outsource accounts receivable service to Whiz Consulting, you get specific and customized service specific to your needs. For instance, if you wish to personally connect with your clients for follow-ups we can prepare weekly/fortnightly reports regularly and send them to you.
At Whiz Consulting, we assist our customers in streamlining the cash flow. Outsourcing accounting service to an expert like us, will help you handle the task of regular follow ups on the unsettled invoices, send out regular reminders, negotiate with the debtors, and also discount the debtors who facilitate prompt payment and improve cash flow. Outsource your accounts receivable service to Whiz Consulting today and be assured that we will work equally hard to get the money due to the business.
Full-Fledged Accounts Receivable Services for Small Businesses
Accounts Receivable service is an important service for your business since, it is a package that involves invoicing, collection, and recording the money a customer owes your business. Failure in collecting the debts can pose as a reason for business failure or cash flow troubles, especially to the small businesses. Whiz Consulting is a reliable and efficient outsource provider of accounts receivable services for small businesses. We handle all the accounting requirement of your business adeptly.
At Whiz Consulting, we provide you with an experienced team that understands your specific business demand. We handle data entry, cash entry, credit card entry as well as bank reconciliations for your business with accuracy. Our Accounts Receivable service for small business is designed to ensure that your business never faces a cash crunch due to outstanding payment troubles.
What areas do we cover?
- Regular billing and Delivery to customers
- Keeping a record of the bills
- Keeping a record of received payments and adjusting the payments with invoices
- Linking Payment Gateways and the Accounting software
- Constant follow ups with debtors for pending invoices
- Discounting the debtors
- Offering an in-depth analysis of accounts receivable reports
Get in touch today for a personalized accounting solution specific to your business. We can adeptly handle Small business accounting as well as manage large firm accounting. Contact us, to know more!