Customer Invoice & Accounts Receivable Management
Customer Invoice processing
Our team can handle the entire customer invoicing process for franchisees who would like the entire process to be managed by a professional team. This includes the following activites:
- Preparation of invoices,
- Obtaining approvals from management and
- Dispatch to clients via email or fax.
All above activities executed by our team will be based on franchisee management team’s written instructions
Customer invoices may be for a fixed amount and sent at pre-determined intervals, or for variable amounts on an ad hoc basis as directed by franchisee’s management.
All Client invoices are approved by the management, regardless of the schedule or amount, unless blanket approvals are provided by the franchisee. This ensures that control always remains with the client.
Client Invoices are typically sent via email attachment or fax.
Accounts Receivable Management
This function is closely linked to the preparation of client invoices and typically involves the following activities:
- Regularly review of customer collections and Accounts Receivable balance
- Follow up with clients on overdue invoices.
Obtaining a view only access to the franchisee’s bank account is essential for providing this service, as we need to regularly monitor the account to confirm that client invoices have been paid.
Client follow-ups are typically conducted via email. Escalation of overdue invoices occurs during bi-weekly or monthly virtual meetings with franchisee management.
The entire process is supervised and approved by the franchisee owner, with execution carried out based on the franchisee’s specific requirements.
Get in touch
If you’re a business owner who wants more than just an accountant—a true financial partner who will help you navigate challenges, maximize profitability, and plan for the future—we’d love to work with you!
Ready to unlock your business’s full potential? Schedule a free consultation today, and let’s build something incredible together.
