Our 18-year-old accounting outsourcing firm is one of the top accounts receivable outsourcing companies, providing skilled and experienced account receivable specialists at competitive rates. Our team of highly trained accounts receivable specialists and accountants have extensive experience in customer billing across various industries, including retail, real estate, IT, consulting, construction and more.
Our accounts receivable personnel are experts in handling complicated customer billing and invoicing processes, such as progressive billing, complex timesheet-based billing, commission billing, and rent runs for real estate companies. They are well-versed in the use of industry-leading software such as QuickBooks, Xero, NetSuite, Yardi (Genesis and Voyager), AppFolio, ERP, and Oracle packages. With a successful track record of serving over 300 businesses across the US, Canada, UK, Middle East, and Singapore, our company is the go-to choice for businesses seeking top-notch account receivable services.
The indicative standard charges for Accounts Receivable Management Services are listed below. Custom packages of 25, 50 and 80 hours per month are available.
Accounts Receivable Specialist typically can perform the following outsourcing accounts receivable activities - invoicing, running rents (for real estate cos.), tenant/customer set-up and accounting, late fee processing, rent receipting/cash application services, tracking receivables, email and call based collection support, and miscellaneous outsourcing accounts receivable tasks.
Liquid Cash is the backbone of every business enterprise. It is imperative to have a proper rolling of finances to keep a business stable and flourishing at all times. A good accounts receivable system contributes majorly towards business growth as […]
Benefits of outsourcing Accounts Receivables or AR can be explained as the dues from the credit customers or the clients. If you are not receiving your payments on time, then what you need is an efficient system that will help […]
“I am very happy that I have decided to outsource to you guys. I sing the praises of outsourcing to India to many people I meet. Most people are very surprised, they have never heard of this. I truly believe that this will be the future.”
“I am very satisfied with the work our rep (bookkeeper) there does for us. He processes several different types of business accounts for me including receivables outsourcing. I have my own unique requirements in receivables outsourcing, and they follow instructions very well. They actually are a little higher in cost than some, but I had previously tried 2 others with lower rates and I was not satisfied with the service, and the cost was actually higher because it took them longer to perform the work, and I had to closely check the work they had done. With our rep, I am confident that they have followed my instructions once they are fully understood – and they don’t fall back. (meaning they don’t revert back to an old habit or a different way of handling the account – once they gets it that I want things a certain way, they have followed that precisely)."
“Thank you for the excellent work; your accounts receivable services are up to the mark. We really appreciate everything your team has done.”
Accounts Receivable Outsourcing refers to the practice of outsourcing the management of a company’s accounts receivable process to a third-party service provider. This allows companies to focus on their core business activities, cost savings, increased efficiency and improve their cash flow management.
Companies should consider outsourcing their accounts receivable for several reasons, including cost savings, increased efficiency and improved cash flow management. By outsourcing their accounts receivable, companies can free up valuable time and resources that can be redirected to other areas of their business. They can also benefit from the expertise and experience of OHI in managing accounts receivable, which can lead to increased accuracy and speed in collecting payments.
Services typically included in an accounts receivable outsourcing service include invoicing, credit management, payment collections, account reconciliation, and dispute resolution. OHI can handle the entire accounts receivable process from start to finish, which can help to reduce the burden on a company’s internal resources.
A company can measure the success of their accounts receivable outsourcing by tracking key metrics such as the speed of collections, the accuracy of invoicing, the rate of dispute resolution, and the overall improvement in cash flow management. The company should also regularly communicate with the outsourcing provider to discuss any challenges or areas for improvement and assess the overall satisfaction of its customers and clients.