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Optimizing Accounts Receivables to Strengthen Working Capital
We bring complete accounts receivables solutions through streamlined, standardized workflows and processes that make businesses compliant, agile, and ready for growth.
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Accounts Receivable Services

In the present business world, performance becomes more predictable when collections and cash flows are timely. But companies have to ensure that they derive the maximum output from the amount they spend on managing their receivables. Cogneesol provides accounts receivable outsourcing services that improve collections, along with the company's lifecycle, from order to cash.

Our accounts receivable implementation is in accordance with the best practices and delivers frequent analysis, automation, reporting, improved communication, and flexibility. We recognize and resolve any causes for payment delays in the course of our efforts towards continual improvements.

"Thanks to Cogneesol, our rising DSO has been brought under control, giving us an excellent working capital position!"

- A Food Packaging Company, Bristol, England

Our Accounts Receivable Management Services

  • Escalating/alerting short payments
  • Preparing and sending account statements
  • Updating factoring of accounts receivable, if any
  • Itemizing advances or deposits received, besides receipts, etc.
  • Following up collection of accounts receivable, along with monitoring
  • Using invoices raised to date to prepare cash flow summary for the past and future
  • Updating accounts receivable for collection, besides reconciling bank account credits
  • Uploading electronic invoices onto your systems, after transmitting these electronically
  • Statements that you require, such as total cost per line item, analysis by program or project code
  • Escalating/alerting you about differences found while reconciling your records with account statements.
  • We can create invoices based on documentary evidence such as service/ product delivery confirmations and sale order copies
  • Updating invoices into accounts receivable (invoice processing services)
  • Preparing accounts receivable reports based on analysis of accounts receivable by age, business segment, customer, etc.

We Support Multiple Accounting Software

With expertise in every accounting software and platform, our team of highly skilled professionals offer fast learning curves and swift implementation of solutions.
Accounting back office services using QuickBooks
Outsourcing Accounting Services using NetSuite
Quicken finance and accounting Software
Sage Accounting Services
Xero Accounting Services
MYOB accounting
wave accounting
Intacct accounting software
Simply accounting by sage
Microsoft Dynamics
SAP solutions
Yendo accounting
Less finance and accounting
Acclivity Small Business Software
Bill software
Peach tree accounting software

Every Business is Unique. Find Out How We Can Help Yours.

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Our Key Differentiators

Why Choose Cogneesol for Accounts Receivable Outsourcing?

Choosing to outsource your accounts receivable tasks comes with multiple benefits. You get to minimize the operational costs, streamline your process, and enhance the services related to the deduction management of accounts receivable.

The chances of delinquency are also brought down to the minimum level with the help of outsourcing. In a way, your credit department gets a virtual extension that enables it to increase recoveries, and in turn, cash flow. Apart from this, you get to eliminate unapplied credit and reduce bad debt to a great extent.

Cogneesol’s practices cover collections, credit, cash receipts and applications, payment terms, individualized contract management, and electronic and paper-based procedures for billing. We keep you informed about your customer relationships and receivables through our regular reconciliation and analysis provided throughout the order to cash cycle.

Our Resources

We help our clients navigate from where they are to where they aspire to be through our always-on learning agenda in the form of client stories and blogs covering the latest industry trends.
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Client Testimonials

It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.

Get in Touch With Us

We combine deep industry experience and expertise to build finance and accounting solutions that will make your organization future-ready for scale and new technologies. Have specific questions, or want a guided tour of our services? Get in touch with us!
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