Account Receivables Management Services
Receivables Management can be time-consuming and stressful. If you’re a small-medium-sized company with no dedicated team in place, you might not know how to stop debt collection issues before they start.
If this sounds familiar, it could be time to consider account receivables outsourcing. By handing over stressful day-to-day accounts receivable tasks to an expert, you’ll be able to focus on what matters most: Growing your business.
Outsourcing Receivables can help your business take a proactive approach to receivables collection. We’ll provide a customized, customer service-focused approach to contacting your customers to remind them of their obligation to pay their account.
This approach has allowed our clients to:
- Reduce costs
- Improve operational performance
- Increase cash flow
- Minimize customer service calls
- Reduce bank charges
- Maintain a positive relationship with their client base
We’ve also received consistent client feedback that we:
- Minimize the level of customer disputes, and enhance customer satisfaction.
- Out-perform their own cash collection numbers, increase their cash flow, and improve their DSO.
- Reduce their bank charges, and optimize their working capital.
Concerned about IT-related delays that can sometimes be experienced when outsourcing receivables management? That’s not a concern when you outsource to STA International. Our standardized process means your IT department can utilize your current financial package to send – and receive – all transaction information, on an overnight batch basis.
You’ll also have full transparency into all our actions via Your Receivables Online (YRO), a comprehensive web-based and on-demand reporting tool.