The receivable accounts refer to the outstanding invoices which a company has or the money which the consumers owe to the company for the services or products sold. Many companies are trying to increase their profits by allowing some percentage of overall
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The receivable accounts refer to the outstanding invoices which a company has or the money which the consumers owe to the company for the services or products sold. Many companies are trying to increase their profits by allowing some percentage of overall annual revenue to be on credit. A business will provide this form of credit line to frequent or special customers, who are frequently invoiced
Effective cash flow control is essential to a company of any scale. Accounts receivable management is an important task in the process. Accounts receivable services are the money that consumers owe to the business for the selling of products or services that are provided to them. They are the profits of a business and help them take care of their costs, making their management essential and required.
Although the overall act of receivable services for accounts can seem straightforward, it can become complicated, requiring invoicing and even extending credit to clients. Considering the amount of business, the number of customers and the terms of the arrangement, it might be appropriate to provide a mechanism for handling unpaid amounts of money.
A business entity may engage as a business activity in the selling of services or products. Customers buy from the company these services or products and pay the negotiated price for that service or product. Today, there are various payment solutions that a company can deliver to its customers. It may obtain cash or wired transfer from its customers and the company may, in some cases, sell its services or product on credit.
➲ For maintenance of cash flow
➲ Helps in Keeping records of creditors
➲ It helps I smooth maintenance of financial of business entity
➲ Helps in meeting or regulatory requirement like maintenance of books
➲ Helps in Keeping records of vendors account
➲ Helps in duplicate payment
➲ Helps in the maintenance of financial control
Step 1. Receiving of Soft copy of the receivable invoice
Step 2. Matching of Sell order with Invoice
Step 3. Processing of Credit memos
Step 4. Preparing and processing of the report
Step 5: Alerting or escalating of the wrong of false transaction
Step 6: Monthly, Quarterly or yearly comparative report
➲ Less costly
➲ No need for physical hiring
➲ Effective and efficient work
➲ Timely reporting
➲ Work as per your convenience
➲ Virtual books and records
We recognize that the cycle of accounts payable receivable is crucial to maintaining successful supplier relationships and cost optimization. So at Corpzo we are actively working to increase productivity and help you cut costs. Our account payable services aid in the smooth management through monitoring and recording of accounts payable process flows. We help companies make prompt receiving to help them take advantage reduction in bad debt and improve operational performance. We will provide receivable service and help you to:
➲ Fulfill your regulatory requirement
➲ Cost optimization by timely payment of bills and avoiding interests
➲ Working capital optimization
➲ Reduces duplication of payment
➲ Help you in financial control
Corpzo will help you in the conversion of your paper company into live online data to help you get as many reports as you can by concentrating on automating accounts payable process flow through people and soft goods mix. Daily aging reports can provide you with a better understanding and decision-making.
Call or WhatsApp us on +91-99991-39391 for free consultation from our team of experts. You can also email us on [email protected].
We share the detailed and reasonable estimated costs, documents and prerequisites for the complete process before starting the process to ensure transparency.
Our team warrants hassle free documentation. We collect the necessary documents and share the relevant drafts to ensure a timely filing and delivery.
Upon collecting the necessary documents and information, we waste no time in preparation and filing of your application. development on your application is brought to your attention.
On successful completion of the case we share all the relevant documents electronically and physically along with an assurance to pay you back if something is wrong.
CFO Support Services or the Virtual CFO is an experienced Finance Professional who is not a full-time CFO but takes care of the roles and responsibilities of a Full-Time CFO.
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When a business purchases on credit and that needs to be repaid over a limited period of time, it is known as Payable Accounts. It is termed as a liability and falls under the heading of' current liabilities.' Accounts Payable is a short-term transfer of
The receivable accounts refer to the outstanding invoices which a company has or the money which the consumers owe to the company for the services or products sold. Many companies are trying to increase their profits by allowing some percentage of overall
This is a critical feature, because if you want to raise funds (whether by bank debt, PE/VC financing, or an IPO), you'll need a budgeting framework that allows you to provide reliable estimates to your lenders and investors.
Business Plan is the document which defines the goals, methods of acheiving thosed goals in a particular tim-frame. Success of a business strongly depends on adequate time and money invested towards chalking out a strong business plan and strategizing sma
“Revenue is vanity, profit is sanity, but cash is reality,” as someone wisely put it. Companies who control their working capital effectively are very competitive all over the world
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Maintaining a cordial and healthy investor relationship is a very important aspect of running a succesful business. Corpzo has a very extensive exporsure in assisting startups in maintaining investor relations.
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We understand what senior management, customers, and directors need to see in a clear dashboard. We develop and prepare comprehensive management information systems (MIS) reports for both internal and external reporting
When businesses face adversity, such as a cash flow crisis, significant losses, or shutdowns, they need experienced professionals to manage these delicate situations as strategic partners.
Bespoke advisory focused on mission critical legal, financial and business aspects.
At Corpzo, our clients’ success stories speak volumes. Discover how businesses across various industries have leveraged our expertise to achieve their goals. Read firsthand accounts of our commitment to excellence and the impact we've made in supporting their growth and compliance needs.
Working with Corpzo for our Alternative Investment Fund registration was a remarkable experience. Their deep understanding of regulatory requirements and meticulous attention to detail ensured a smooth and efficient process. The team was always available to address our queries and provided invaluable support at every step. With Corpzo's expertise, we successfully registered our AIF without any hurdles. Highly recommended for anyone navigating the complexities of AIF registration!
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At Corpzo, we are dedicated to empowering our clients with valuable knowledge and insights. Our team of experts regularly shares in-depth articles, comprehensive guides, and industry updates on Knowledge Varsity. Whether you're looking for the latest trends in alternative investment funds or need expert advice on navigating the complexities of drug licensing, our resources are designed to keep you informed and ahead of the curve. We believe that informed clients make better decisions, and our goal is to provide you with the expertise you need to succeed.
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