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With Virtual Employee you can get access to over a hundred thousand Accounts Receivable experts in India who can help you with their copious knowledge.
No matter what may be the size or nature of your business is, cash flow maintenance is necessary to avoid turbulence. This depends on a lot of connected functions like on-time invoice preparation, errors on the accounts receivable and others. All of these may sound a lot and give you a headache, so why not take it off your plate and let the experts deal with it?
Virtual Employee helps you to Outsourcing Accounts Receivable Services that empowers you to have more control over every aspect with constant follow-up on outstanding invoices and extensive reporting on all the account activity that facilitates quicker payments and improved cash flow. Our multi-layered screening process ensures you Hire VE Accounts Receivable Specialists to accelerate your Order-to-Cash Cycle and strengthen your working capital to keep your business progress unhindered.
With cash application services you can match the incoming payments from customers with their respective open invoices. This helps to close all such invoices in the ERP for which payment has already been done by the customer.
Hire offshore accounts receivable experts to create a credit memo for all the goods and services which you have provided to the buyer and cite the amount that they owe to you under the agreed-upon terms. You can expect completely error-free results by hiring our resources.
VE’s invoice matching experts are adept at matching your invoice with customer payments for ensuring that there lie no discrepancies between the purchase order and the invoice. This will keep your business unhampered with optimized cash flow.
Outsource your accounts receivable aging report creation to enhance your cash flow and boost your return on investment. Hiring our AR Specialists can help you to reduce your outstanding dues and boost your working capital.
Delegate all your Vendor and Customer Query related tasks like allocating payments to the right invoice, checking on any discount and implementing it on the invoice, working out on the payment terms, managing the prepayments and others to VE’s offshore accounts receivable experts.
Offshore Accounts Receivable Factoring services for predictable working capital, enabling expansion, and improving payables cycle. Hire our accounts receivable experts for services like invoice factoring, factoring receivables, accounts receivable financing, invoice data entry and accounts receivable loan processing.
Hire Accounts Receivable Specialists to indulge them with all types of invoice verification tasks like entering the received invoices and credit memos, checking the accuracy of the invoices with respect to price and arithmetic and checking block invoices.
Account Receivable specialists from VE can help you to maintain compliance at every point to minimize loss accrued from payment default. Get access to a highly trained lineup of experts who are trained in the best practices of delinquency and bad debt practices.
You can also hire our resources for a whole bunch of additional accounts receivable outsourcing services like maintaining subsidiary receivables ledgers, invoice preparation and mailing after customer approval, preparing and delivering periodic statements, recording receivable transactions into the accounting system and others.
Wondering why to hire from us? Check out these six reasons that make us one of the most trusted accounts receivable management company in India
Assess the caliber of your offshore Accounts Receivable Expert with a no-obligation 1-week free trial.
We can hire or headhunt premium Accounts Receivable experts within days, absolutely free of cost.
VE’s unique business model gives you project stability that only a few service providers can offer.
VE assures its clients breach-proof security and confidentiality at all times.
Reach out to your virtual employee easily and quickly, thanks to the robust communication systems .
You only need to pay for your hired resource and nothing else.
You can switch in between the models effortlessly whenever you want.
You can hire one or multiple AR experts who will be working exclusively for you.
Now, you can hire a team of accounts receivable experts and get one senior Project Lead completely free.
You can opt for full-time (8 hours per day), part-time (4 hours per day) or an ad-hoc resource (purchase bulk hours).
Why get into the headache of inputting and issuing invoices and receipts, going after customers for payment along with tracking, logging and updating AR lists? Opt for accounts receivable outsourcing and let them do the hard work.
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Firstly, a credit application process is created to sketch terms and conditions for credit sales. This helps in avoiding credit risks in future.
Invoice is created by mentioning the cost and details of products/services rendered along with the expected payment date.
AR experts will monitor the payment deposited in the supplier’s bank account, record it into the system and allocate it to an invoice .
The due date for payments of both bad and the unpaid debts are finalized by the offshore accounts receivable expert.
The primary objective of Accounts Receivable management lies in decreasing the Days Sales Outstanding (DSO) along with the processing costs but at the same time customer relations are also maintained properly. Account receivable management determines the charges before sending out the final bill of products and services which they offer.
The primary role of accounts receivable experts is to ensure that their boss gets payments for the provided goods and services on time and keeping a thorough record of these transactions.
The difference between accounts receivable and accounts payable is accounts receivable are the amounts owed to a company by its customers, while accounts payable are the amounts that a company owes to its suppliers.