Accounts Receivable Services include the following:
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Professional accounts receivable staff
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Invoice generation and issuance
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Up-to-date accounts receivable listings and reports
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Payment collection
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Payment follow up
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Vendor reconciliations
Don't let your accounts receivable turn into bad debt
Writing off uncollectible receivables adversely affects your company’s cash flow and financial health. The longer your accounts receivable remains outstanding, the lower the chances of it being collected. Allowing this to happen over time can be detrimental to your business. Bluemount is ready to offer an effective accounts receivable management and process that gives your company a healthier cash flow.
Monitoring and follow-up
We do not just simply follow up customers for payment because almost anyone knows how to do that. Our team and processes, coupled with best practices in keeping track of receivables, allow us to strategically collect your outstanding collectibles more effectively.
Time management
From invoice and receipt issuance to following up customer payments, to monitoring payment status, to updating and reconciling AR and various reports, they all consume a lot of company resources. Allocate your limited resources to areas that can give you more value. Trust Bluemount to handle your accounts receivable.
Improve AR turnover
Having a high accounts receivable turnover ratio can be really good for business. Not only does it mean you have more bankable cash but can help you become a stronger candidate for bank loans that can help grow your business. Contact Bluemount for help.