At CoreFund, we offer our Accounts Receivable Management Services at no additional cost to all of our borrowing clients! These services, however, can absolutely benefit companies that don’t require financing or those who already have an existing borrowing relationship with a bank.
A/R Management is a cost effective way to outsource credit and collection functions. In addition to receiving a high-quality professional service, client benefits include full-service bookkeeping, cash application and lockbox services, plus access to online accounting reports.
At CoreFund, our credit expertise and vast credit database work to help you assess risk and professionally manage your accounts. Having better accounts receivable management turn and reduce any bad debts. In most cases, pursuing an A/R Management Service pays for itself by having better A/R performance in addition to reduced write-offs. The cost of A/R Management is also usually far less than the cost of running your own in-house credit and collection department.
A/R Management is available and can be very beneficial even if you already have an existing borrowing relationship with a bank. A/R Management frees you from any credit and collection tasks, leaving you and your team with more time to focus on other aspects of your business.
To learn more about how our Accounts Receivable Management Service can help your business, contact us today!