ACCOUNTS RECEIVABLE

     Finance Outsourcing understands that a successful business depends on effective financial management rather than quality. Our account receivables services enables you preventing long delay between the time of service delivered and payment receipt and thus avoiding diminishing of your business cash flow.

     The moment Finance Outsourcing receives the client accounts our team analyze the timely filing limits, payer wise breakups (say Federal, Commercial, or self pay), coding issues, and billing errors. Our main focus is on the cash transactions, watching on the aging reports and cash posting. We impose right action on every individual account. We coordinate with the clients seeking clarification or additional documentation. We then review all accounts of normal reimbursement and check against carrier's fee structure.

     Finance Outsourcing saves time and utilities and leads you focus on forming core competencies. We have our calling department equipped for claim status follow up and appeal interacting with case workers, employers, attorneys, patients, doctors' office and insurance companies. Finance Outsourcings' account receivable service enhances cash flow, reduces account receivables, increases collection figures, and improves customer relationships with timely Accounts Receivable Follow-Up Service.

     Finance Outsourcing team calls to question the clients with the provided script of its information passed on to the billing analysts where they review the outcome to call again for clarification if arises. Our account receivables enable you to:

• Find and remind early past-due customers during routine customer service interactions

• Reduce bad debt through active account delinquency management

• Recover revenue from current charge-offs.

• Manage active and primary accounts via first and third party collections efforts

• Lower cost per dollar collected by leveraging global labor pools

• Minimize expenses through capital avoidance associated with the development, deployment, and maintenance of collections systems and infrastructure.

• Improved Customer Loyalty by applying training and quality assurance processes

• Enhanced Speed and Flexibility

• Pre charge-off account management

• Primary post charge-off management

• First- and third-party collections

• Raising invoices on request receipt from Purchase Order (PO) details, customer details, discounts, and terms of payments.

• Database Management

     We have improved receivable management processes for the leading national and regional services companies. We are unique delivering account receivables services by:

• Experienced Finance Outsourcing executive leadership team

• Project design and implementation expertise

• Assured quality process

• Latest accounts receivable technology

• Committed communication for mutual benefits

     Finance Outsourcing serve industries like Financial, Credit card issuers, Banks, Auto and installment lenders, Debt purchasers, Retail, Private label credit issuers, Communications, Wire line, Wireless, Cable.

For service enquiries, please write to bpo@isourceindia.com