In today's business environment timely collection of accounts receivables is an important source of cash inflow. It reflects up to 30% of the company's assets and is more critical to the enterprises success.
Velan's accounts receivable team helps enterprise to have control on every account, follow up on outstanding invoices and facilitate quicker payments as well as improved cash flow. We follow industry best practice and have processes and systems to provide accounts receivables outsourcing services.
We offer a wide range of accounts receivable services from which clients can choose to outsource all or part of their accounts receivables business function.
- Pricing and quotations
- Sales order processing
- Billing, invoice, follow ups and credit management
- Receivables management
- Debit/Credit note processing
Outsourcing accounts receivables to Velan helps streamline your credit approval initiative while improving cash flow and minimizing bad debt exposure.