Collection System Development | CA$H IN USA - Business-To-Business Collections

What is Accounts Receivable Management?

For most small businesses, accounts receivable management is the simple but time consuming process of keeping track of your customers’ ability and willingness to pay.

Dealing with collection issues early allows you greater opportunity to resolve problems and get paid faster.

At CA$H IN we can either do it for you (click on collect past due receivables) or we can help you get it done yourself, efficiently and cost effectively.

Collection System Management

Maintaining and collecting accounts receivable can be a substantial undertaking. Months or even years of inadequate maintenance and collection can create a significant administrative backlog and, more importantly, a significant backlog of uncollected income.

CA$H IN offers implementation of our proven collection system by tailoring it to your specific company needs, training your receivables personnel and getting your system up and running on its own.

HERES HOW IT WORKS

Evaluation
Building upon your company’s goals, requirements and stated problems, we will undertake, with you, a thorough evaluation of the state of your receivables. Our objective is to understand the situation and to arrive at realistic and agreed-upon solutions.

Initiation
The initiation phase begins implementation of the program created during the evaluation. This phase is designed to take about 30 days and includes 25 hours of the CA$H IN consultant’s time on-site. Initiation typically consists of the following steps, tailored to the specific situation:

Immediately increase production – Our collectors will make calls for you, from our office, on specfic agreed upon accounts during this phase.
Set up the system – Install and modify software, set up or reorganize files, establish the process, develop forms, design reports.
Train AR personnel – Software use, process, administration, forms and reports
Review and adjust

Transition
During this 2nd 30 day phase all of the accounts Cash In has been working will be transitioned to your in-house personnel and syncronized with your new system. The consultant will review and evaluate the new processes at 15 day intervals and as your staff works with them. Additional collection training, adjustments and customizations may be recommended during this phase. While offsite your consultant will be available for questions regarding use of the system or collection issues.

Independent Operation
Within 60 days, the AR department should be functioning on its own with newly defined operating ideals, newly defined requirements, with improved organization and improved results.

To speak with a CA$H IN consultant call 800-201-CA$H (2274)