AR Management, TDS Management, AR Accounting
- Books of accounts are kept fully updated for sales, accrual, collections and provisioning
- Client ledgers are kept updated and accurate invoice level break up is available for all clients at any point in time.
- Any unreconciled item is followed up with clients and resolved. NDC (No due Certificate) and balance confirmation processes are implemented
- Proper accounting is done for bad and doubtful debts and TDS
Revenue Assurance and Growth opportunities :
- Revenue assurance : Analytics and checks & balances to identify potential sources of revenue leakages and to plug them (e.g., weight variations, Value Added Services not billed, under-charge, etc)
- Create and keep updated customer dashboards to provide, at one place, the entire evaluation of a customer business, growth, profitability, DSO.
- Ensure timely and accurate Invoicing, a key factor in client satisfaction.
This involves :
- Invoicing processes are streamline, appropriate tech is infused and field errors, if any, are dealt with systemically and proactively
- All required inputs for invoicing are available in time and control processes are put in place (e.g., contracts are available and are current, value-added services are captured appropriately, etc)
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