Accounts receivable services
Leading Accounts Receivable Outsourcing Firm in Dubai and UAE
Proper management of cash flow is essential to all kinds of businesses. One of the most essential activities in the process is accounts receivable management. Accounts receivable services are where customers owe the company money from the sales of goods or services.
This is the income that a company makes, which enables it to cater for expenses. As such, their management is essential and a must.
Accounts receivable services may seem easy for many, but it can be complicated as it involves a lot of invoicing and sharing credit to customers. Given the scope of a business, terms of agreements, and the number of clients, it is vital to have a system that manages outstanding funds.
Accounts receivable management services provide monitor invoices, reduces collection times, track process times, increase timely payment rates, and more to improve the process.
Excellence Accounting Services provides account receivable outsourcing services to companies all over UAE, to ease the accounts receivable management services. Partnering with EAS can help your company access manpower and tools to assist in the collection of outstanding payments.
We not only provide top-notch quality account receivable services, but also offer lockbox services, cash applications, and access to accounting reports. EAS also sends out weekly summaries of our follow up with customers, including metrics and analysis regarding outstanding debt.
Our Accounts Receivable Services in Dubai and UAE
Account Receivable Services that EAS offers include:
- Real estate accounts receivable services.
- Accounts receivable factoring services.
- Accounts receivable aging report Creation.
- Preparation of billings and mailing after customer approval.
- Feeding transactions into the accounting software.
- Preparation and delivery of periodic statements.
- Providing credit memos and refund customer approved checks.
- Conducting process modifications approved by customers.
- Place cash received to the accounts of the customer and handling short pays.