Accounts Receivable Management
SVI offers an end-to-end Accounts Receivable Management Solution to help you manage your cash flows. Proper Accounts Receivable Management can significantly reduce your working capital requirements. Our service significantly reduces bad debts and other receivables, and days sales outstanding (DSO). It also results in improved cash collection efficiency and increases in cash inflow.
SVI’s Accounts Receivable Solution is the easiest way to achieve your company’s financial breakthrough and overcome your A/R concerns.
Billing
SVI generates and delivers your Billing Statements and Statement of Accounts to your business partners and/or customers. We have a competent team of contact personnel who are ready to take client calls and queries regarding the Billing Statements. SVI also provides payment-scheduling support that accrues to better collection.
Collection
SVI generates the Aging Schedule, Remittance List and Summary Collection Report. We process customers’ payments, identify and report cases for collections, and follow-up collection calls. SVI also sends soft collection letters to negligent debtors and notify clients regarding past due bills or outstanding bills.
Reconciliation
SVI tracks and verifies information from your billing invoices against the official receipts, checks, and/or deposit slips. Outstanding Receivables and Reconciliation Reports are generated and automatically sent to clients for further analysis and verification.
Accounts Receivable Reports include:
Accounts Receivable Aging ReportsList of Suspended AccountsSummary Reports of Remittances and PaymentsReconciliation Reports