{"id":6941,"date":"2024-07-21T12:52:21","date_gmt":"2024-07-21T12:52:21","guid":{"rendered":"https:\/\/alwadiholding.com\/aw-qatar\/?p=6941"},"modified":"2024-09-18T12:35:06","modified_gmt":"2024-09-18T12:35:06","slug":"accounts-receivable-outsourcing-services-in-qatar","status":"publish","type":"post","link":"https:\/\/alwadiholding.com\/aw-qatar\/accounts-receivable-outsourcing-services-in-qatar\/","title":{"rendered":"Receivable Management Services in Qatar"},"content":{"rendered":"\t\t
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Accounts receivable typically account for 30-60% of a company’s outstanding debt, and here comes the importance of the <\/span>Receivable Management Services<\/span>, trying to reduce the percentage of outstanding and future bad debts.<\/span>\u00a0<\/span><\/p>

Ready to learn more about how receivable management services<\/span> can benefit your business? Keep reading to discover how this strategy can help you boost cash flow, improve customer satisfaction, and achieve long-term financial success.<\/p><\/div><\/div><\/div><\/div>

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What accounts receivable means?<\/span><\/h2>

Accounts <\/span>receivable management services<\/span> is a practice concerned to one of the financial departments of the company whether the accounting department, finance or collection based on the company size and structure, this practice is concerned with managing and collecting the invoices of the clients who purchased the company\u2019s service or products on credit base to ensure the firm dues are landed into its bank accounts in specific time so the accounts receivable outsourcing firm can have the needed cash flow In order to fulfill its obligations such as operation expenses, utilities, salaries, etc….<\/span>\u00a0<\/span><\/p>

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What are the accounts receivable process in BPO (Outsourcing)?\u00a0<\/span><\/h2>

It starts with receiving the buying orders from the clients and based on <\/span>financial planning<\/span>, credit analysis and checks generated from every client credit report the client can get the approval to have the service or product purchased on credit till a specific agreed due date.<\/span>\u00a0<\/span><\/p>

It could be <\/span>30 days, 60 days<\/span><\/b>, or sometimes can even reach to 90 days with some industries, after that the company send the invoices to the <\/span>accounts receivable outsourcing services<\/span>\u00a0provider or the <\/span>outsourcing provider<\/span> to start his verification stage early with customers addressing any disputes might happen that could lead to payment delays and prevent it from happening, then the <\/span>Receivable Management Services<\/span> provider begin to <\/span>process outsourcing<\/span> by putting a remaindering schedule to the customers and send notifications whether on emails, phone calls or even filed visits if required, to ensure receiving the payments on time.<\/span>\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Account Receivable Process<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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What are the tasks of accounts receivable that are outsourced?\u00a0<\/span><\/h3>

Accounts receivable consists of various wide tasks that\u2019s where the idea of outsourcing it comes in as you can outsource some of the tasks or some of the accounts from A to Z to service provider to off load some of the over capacity on your team, and tasks of <\/span>receivable management services<\/span> includes tasks like:\u00a0<\/span>\u00a0<\/span><\/p>