Order-to-cash cycles play a critical role in determining a company’s cash flow and eventually, in optimising business performance. However, a company’s limited resources can often get drained out owing to the mundane and time-consuming nature of traditional accounts receivable processes.
Leveraging best practices, industry knowledge and smart automation, QX delivers cost effective and more efficient accounts receivable services to clients across the US & UK. Partnering with QX ensures that your company meets your cash flow goals while bringing down operating costs by up to 50%.
Shift Focus to Core Business Activities with QX’s Accounts Receivable Services
Reduce unallocated cash
QX deploys a dedicated team of AR experts for your business that works tirelessly to reduce unallocated cash to the lowest possible figure.
Gain transactional visibility
The QX team is trained to generate a wide range of customized reports that meet your organizational needs: Daily cash collection, monthly DSO, unallocated cash vs. target, performance dashboard, and more.
Consolidate your documents seamlessly
Integrate receivables data from various sources including emails and printed documents through set up & honing of processes.
Optimization and transformation
Get expert assistance in identifying & implementing digitized accounts receivable processes using smart, automation-driven workflow tools.
Leverage QX’s unique people-process-platform approach to optimize your organization’s AR function – increase efficiency while achieving cost saving of up to 50%.
Planning to take your accounts receivable process to the next level?
QX follows a unique partnership approach that allows us to understand our clients’ business scenario, study existing processes and their expectations from outsourcing. Based on your specific organizational goals, we provide a range of highly tailored accounts receivable services. Our service provides you with:
Accounts receivable solutions
Customer set-up and maintenance
Set-up AR follow-up mechanism
Raise invoices based on the occurrence and send for authorization
Customer queries resolution
Invoice chasing, escalation, and resolution
Maintain sales ledger accurately
Customized accounts receivable reports
Cash application for receipts
Revenue reconciliation on weekly and monthly basis
Monthly MIS reports
AR aging reports
Issuing refund checks and credit memos
Accounts receivable deductions management
QX Success Stories
Find out how QX’s Accounts Receivable solutions enabled transformation for our clients
Streamlining AR activities and reducing operational overheads for ABPL
The QX accounts receivable team works with industry-standard software to streamline finance and accounting. We are also flexible to incorporating any additional systems in our solutions to suit your organizational needs.
Read more about our Accounts Receivable processes and outsourcing benefits
10 AR management tips & tricks that guarantee timely payments
If you want to improve your AR processes, it is important to do a few things right. This article discusses 10 such tips & tricks.