Accounts receivable management is one of the many services provided by Southwest Recovery Services. The goal of accounts receivable management is simple; enhance cash flow and financial predictability for our clients. With this service, we’re able to help our clients stay in front of invoicing and receive payments continually and consistently.
By using our experienced and tenured experts in executive level billing, you can stop waiting on long billing cycles by enacting an auto-billing and contact system. There are many possible scenarios for needing accounts receivable management and we’re flexible enough to tailor or tweak our proven billing systems from our already existing tool box to fit your individual company’s needs. Maybe your company does not have the internal resources of an accounts receivables department – we act as an extension of your existing accounts payable department and make sure that accounts do not increase in bad debt.
In another case, you may have a startup business that does not have a collections department – this is quite common and we are able to help companies of all sizes and longevity. Another scenario might include a company that has filed for bankruptcy that has the goal of capturing as much outstanding funds as possible prior to a liquidation of assets. You name it, we’ve experienced it. There is no shortage of scenarios and reasons why accounts receivable management is a valuable service.
As we’ve mentioned elsewhere, our cost is based purely on contingency, which means you only pay a percentage of what gets collected. This can be as low as 5% of the receivable depending on volume.
During our 20 years in business we have serviced dozens of industries, including, but not limited to:
- Medical (physicians, labs, dental)
- Utility Companies
- Property Management
- Home Service Delivery
- Subscription Services
- Rental Facilities & Services
- Marketing Agencies
- PR Firms
- Logistics Companies
- Law Firms
You most likely did not start your business to chase after those that owe you payments for your products or services. It’s best if you do what you’re good at, and leave collecting to us. We know the best process for getting you paid efficiently, effectively, and within the letter of the law, without harming your valuable customer relationships.