Accounts Receivables

Vee's Accounts Receivable Outsourcing Services enable our customers to effortlessly deal with this key finance function that impacts cash flow and is so essential for maintaining a strong and vibrant business. Enabling our customers to increase their control on every account with consistent follow-up on outstanding invoices and extensive reporting on accounts activity, our Accounts Receivable Services facilitate quicker payments and improved cash flow. Outsource your Accounts Receivable Services to VeeFnA and benefit from our accurate services.

Vee provide a wide spectrum of Accounts Receivable Outsourcing Services and offer our global customers the choice and flexibility to outsource all or part of their accounts receivable business functions.

Our vast experiences in outsourcing Accounts Receivable Services coupled with our project management expertise and functional specialization enables us to provide our customers the best value for their investment. Vee employees are competent in the use of financial services software such as QuickBooks, M.Y.O.B Accounting and have a thorough understanding of integrating with all major financial systems, including SAP, Oracle and PeopleSoft. We adhere to industry best practices and have robust automated processes to provide leading-edge Accounts Receivable Outsourcing Services. Vee provides Accounts Receivable Services to customers all over the globe.

Steadfast commitment to a systematic process of Accounts Receivables Management, by outsourcing accounts receivable, small business can avail a less expensive - and often higher quality solution and achieve significantly higher collection efficiency, thereby improving liquidity and company bottom lines. Accounts Receivable Outsourcing Services is very relevant & efficiency can be much better harnessed and at a much lower cost.

Sales that have not yet been collected as cash reflect Accounts Receivable. In today's credit based business environment, Timely collection of accounts receivables is an extremely important source of cash inflows. If this management is bad, business may not have sufficient liquidity to meet its own expenses. Moreover, accounts receivable portfolios can amount to 21 percent to 34 percent of a business company's assets. Inefficient collection can amount to 25% of the asset base of a business could put the very existence of the business at stake.

Day-to-day management of accounts receivables is traditionally paper intensive, time consuming and expensive. Invoices, payments, purchase orders, and statements are often received via mail, fax, or email. It is always not feasible for business operators to implement Enterprise Resource Planning (ERP) and Line of Business (LOB) applications for data management because of high investment cost. Even if they manage the cost, capturing information from hard copy documents, routing them to concerned individuals, and providing easy access to the documents in a timely fashion is indeed a very complex task for business involving deployment of skilled manpower and enabling systems. Ultimately, management and collection costs of accounts receivables far outweigh the collection putting the businesses in financial jeopardy.

  • Daily Sales & Receipts
  • Customer Invoices & Statements
  • Aging Reports
  • Convert Receivable into Dollars
  • Enhanced Customer Satisfaction

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