Accounts Receivable Outsourcing
Is your accounts receivable department overwhelmed with the amount of debt they’re managing? If so, then Rapid Collections is the place for you. We provide accounts receivable management services to enhance your AR department and improve your cash flow.
We understand the value of trust and performance in your customer relationships, so when we manage your AR department, we focus on protecting your connections and your image.
Our goal is to get your business running efficiently so you can maximize your profits. We target the following areas to improve your AR management:
- Accounts receivable techniques and procedures
- Billing processes
- Client investigation protection
- Accurate and consistent cash forecasting
- KPI and measurement reporting
- Collection agency cases
Benefits of Outsourcing Accounts Receivable Management
Cost Savings
When you outsource your accounts receivable management services to Rapid, you cut down on hiring and training expenses as well as technology and hardware purchases for new hires. With us, you only pay a fixed monthly fee.
Fewer AR Management Errors
Relying on manual data entry leaves room for error. With our advanced AR technology and tools, you experience fewer mistakes. Our professionals implement best practices to monitor and maintain your AR. With the power of our technology and AR experts on your side, your AR department always runs smoothly.
Are you tired of disorganized AR reports?
More AR Resources Without a Higher Headcount
Our accounts receivable management services enhance your AR team without putting more people on your payroll. We have all the resources you need to successfully run your AR department, including:
And you get all of that without having to hire new employees internally.
Less Stress on Your Internal AR Team
If your business manages a large number of accounts receivable, your AR team is likely overwhelmed. With our assistance, your team can focus on their main priorities while we do the heavy lifting.
Flexibility
Whether you need a few extra hands or an entire department, Rapid Collections can help. Many other AR providers implement a fixed system for all of their clients—but we don’t. We’re not a one-size-fits-all AR solution, and we understand that different companies have different needs. Our AR shared services and prices are affordable and customizable to fit the needs of your specific business.
Get Debts Paid Faster and in Full
Our experienced team works with companies of all sizes, and we know what works and what doesn’t. We follow best practices to collect your debts in record time—and we do so without burning bridges between you and your clients.
We get clients to pay debts faster and in full with our professionalism and industry knowledge. If clients can’t pay in full, we always find a solution that works for you and them, so you can maintain your customer relationships.
What Else Can We Do for You?
Unlike other outsourced accounts receivable management providers, we offer training for your AR department. We want your business to run successfully, so we give your team the tools they need to avoid losing profit. Rapid Collections trains your team on the following services:
- Carrying out process adjustments
- Recording and accounting for revenue
- Developing accounts receivable reports
- Applying cash received to customer accounts
- Resolving short pays
- Creating periodic statements
- Issuing refunds approved by customers
Rapid Collections Is the AR Partner You Need
Other AR providers are more concerned with making a profit than protecting the image of their partners. That’s how we differ from our competitors. We want to enhance your relationships, not damage them.
We are a leading commercial debt recovery provider with over 20 years of experience—and we stay in control of your debt at all times. With a 95% success rate and partnerships with Forbes 500 companies, we promise to provide the best accounts receivable outsourcing available—all while maintaining customer relationships.
