Bills Receivable

When you provide goods or services to another organization they owe you money in return. These funds are stated as the bills receivable. Until the payments are received, they are considered as debts that another organization owes your organization.
We help you in an overall management of these bills, thus keeping a close eye on your account and managing your finances with utmost precision.

• We create invoices based on documentary evidence such as service/ product delivery confirmations and sale order copies.
• Statements that you require, such as total cost per item and analysis.
• Uploading electronic invoices onto your systems, after transmitting these electronically.
• Updating factoring of accounts receivable, if any.
• Updating invoices into accounts receivable (invoice processing services).
• Following up collection of accounts receivable, along with monitoring.
• Updating accounts receivable for collection, besides reconciling bank account credits.
• Escalating/alerting short payments.
• Preparing and sending account statements.
• Escalating/alerting you about differences found while reconciling your records with account statements.