Get a dedicated accounts receivable team to power up your organization
We help you maximize your Accounts Receivable collection efforts by providing you with a team of highly skilled professionals to manage your AR operations.
Grow your business with an extra set of hands that takes care of your accounts receivable process. Our dedicated team of experts works hard to bring your AR collections to a new level.
Digital Minds BPO is a leading accounts receivable outsourcing services provider. Our services provide you with the tools, strategies, and know-how to manage your accounts receivable. We are committed to improving your financial performance and will work hard to help your organization succeed. You can depend on Digital Minds BPO, to help your organization succeed. Whether you need a customized receivable management solution or general consulting, we are flexible and have the right approach for all your needs.Â
We’ll help you manage your A/R, increase collections and save you time with our customized solutions. We have the staff, experience, and technology resources to solve even the most complex accounts receivable management issues. Our mission is to help businesses improve their cash flow and increase their profit margins. We provide fast and efficient services including call center services and debt recovery. We combine deep expertise in our field with the latest technology to process outstanding invoices and accounts receivable, produce timely and accurate collections, and positively impact bottom-line results for our clients.
Our different payment options, flexible service levels, and scalable pricing structure provide a solution for every business no matter how small or large. Let us handle the billing, collections, and strategies for collecting your accounts receivable.
Accounts receivable outsourcing services can be an extremely helpful tool for businesses of all sizes. By outsourcing this function, businesses can often see a boost in their profits and an improvement in their cash flow. Additionally, by working with a third-party company that specializes in accounts receivable management services, businesses can rest assured that their finances are being handled efficiently and effectively.
Our accounts receivable outsourcing services include (but are not limited to):
We use accounts receivable software to help us manage the accounts receivable process. This software helps us keep track of customer payments and due dates. We are experts at using QuickBooks and other finance and accounting software, so you can be sure your finances are in good hands.
There are a number of different types of accounts receivable software, and each one includes features that can improve efficiency and accuracy in the accounting process. For example, automation can help speed up the process, while tracking can help ensure that no invoice goes unpaid.
Some of the financial software we use at Digital Minds BPO includes:
At our company, we provide accounts receivable outsourcing services to a variety of industries. This means that we work with businesses in a range of different sectors to help them manage and process their accounts receivable. We have extensive experience in this area and are confident in our ability to help companies achieve their goals.
Outsourcing your accounts receivable can provide a number of benefits for your business. By outsourcing to a company like Digital Minds BPO, you can get access to customized account handling programs that will help you manage and streamline your receivables process. We also have years of experience in the Accounts Receivable field, so we know how to get the most out of your invoicing and collections processes.
Digital Minds BPO is a leading finance and accounting services provider. We are a highly experienced back office outsourcing company that has been providing these services for over 10 years. Our team has numerous years of experience in the field of accounts receivable and accounts payable services, and we utilize the latest technologies to ensure that our clients receive the highest quality of service. Our clients are guaranteed to receive the most cost-effective and professional results.
At Digital Minds BPO, we understand the importance of accounts receivable (A/R) services for businesses. That’s why we offer comprehensive A/R outsourcing services that can handle all aspects of your receivables, from loan processing to collection activities. With our skilled team of specialists, you can rest assured that your A/R functions are in good hands.
By outsourcing your accounts receivable management tasks to us, you can free up valuable resources for more important operations within your company.
Outsourcing accounts receivable services to a third-party provider can be an extremely cost-effective way to improve your company’s cash flow and bottom line. Digital Minds BPO offers high-quality finance and accounting services at a fraction of the cost of hiring in-house staff. We have years of experience in Accounts Receivable and are experts in collecting payments from customers. We offer accurate and efficient management of accounts receivable, so you can focus on your business goals.
Our Accounts Receivable Outsourcing Services helps you to reduce the risk of bad debts, improve your cash flow, eliminate collection nightmares and provide outstanding customer service.
When you choose to outsource your accounts receivable responsibilities to Digital Minds BPO, you are making the decision to work with a company that is fully committed to serving your best interest. Our goal is to provide you with a fully customized solution that fits your business needs and requirements to effectively manage your AR.
Let us help you get ahead of the competition! Contact us today to learn more about how we can help you!
Find out how much our accounts receivable outsourcing cost. It usually takes only 1-2 days to receive your proposal.
Once signed, the recruitment of your team will begin immediately.
If you have any questions about our outsourced accounts receivable management services, contact us today or examine the following answers to the most frequently asked questions.
Accounts receivable (AR) services are a type of outsourcing service in which a company hires another company to manage and process their accounts receivable. This involves tasks such as invoicing customers, tracking payments, and collecting overdue invoices. There are a variety of benefits to outsourcing AR services, including increased efficiency and reduced costs.
Accounts receivable (AR) is the term used to describe a company's financial assets. AR is an asset that is created when a company sells goods or services to a customer. When a company sells a product or service, it is recorded as an asset in the company's balance sheet. It refers to an asset account on the balance sheet of companies that represents money due to the firm in the short term. Payments are yet to be received by specific due dates hence the name receivable.
The AR department has two important tasks and a few supporting roles: tracking the revenues due to be received and working to collect those returns, while also serving as the gatekeeper between F&A and customers by confirming creditworthiness prior to accepting orders. Auxiliary roles include creating financial statements, designing forms like invoices for customer use, and performing subsequent checks on payments in relation to special offers/discounts that might have been provided at the point of sale.
It's important for businesses to have good accounts receivable management in order to reduce the risk of not being paid and improve business efficiency. This can be done by invoicing promptly, following up on payments, and having a collections process in place. Neglecting accounts receivable can lead to missed payments or poor bookkeeping as different accounts are combined together. If AR is left uncollected, it can lead to bankruptcy, loss of customers, and decreased revenue growth rates over time. That's why many companies outsource their accounts receivable services to professionals who are experienced in debt collection.
The cost to outsource accounts receivable can vary depending on the company's needs and the level of service required. Typically, costs include staff time, software, and fees. Staff time is necessary for the transition and ongoing management of the outsourced process. The cost of an outsourced accounts receivable staff is usually between $6 to $15 per hour. Software is needed to manage and track invoices, payments, and other data associated with accounts receivable. Fees may be charged by the provider to cover services such as credit checking or debt collection.
When looking to outsource accounts receivable services, it is important to do your research and choose a provider that has a good reputation and falls within your budget constraints. There are many service providers available, so take the time to find one that meets your needs.