Accounts Receivable Solution

Our team efficiently manages invoicing and automates tasks so you can focus on growing your business and get paid faster.

Exela FAO’s Accounts Receivable Automation Services

Streamline your collections process and improve your bottom line with Exela FAO. We offer a complete suite of Accounts Receivable services designed to automate tasks, minimize errors, and accelerate cash flow. Our dedicated team ensures you get paid faster so you can focus on what matters most – growing your business.

80%

reduction in manual effort; automated cash application

With over 20 years of experience, we’ve honed our expertise to deliver best-in-class P2P solutions that optimize your entire procurement process.

95%

reduction in manual effort; automated collection process

Our team of over 11,000 F&A professionals brings deep expertise and global reach to deliver exceptional procure-to-pay solutions.

High

analytical visibility, on time payment receipts, DSO, real time volumetrics, aging by customer

No matter your industry, we have you covered. With over 1,120 industry-tailored solutions, we can address your specific procurement challenges and optimize your procure-to-pay process.

Roadblocks in Accounts Receivable Services

Inefficient collections, late payments, and managing outstanding invoices are some of the biggest AR challenges businesses face today. See how Exela FAO can help.

Tired of spending hours chasing down late payments?

Manual invoicing and follow-up processes are time-consuming and inefficient. Exela FAO’s cash flow management services streamline these tasks, freeing up your team to focus on more strategic initiatives.

Customers taking their time to pay?

Late payments can significantly impact your ability to meet financial obligations. Exela FAO’s A/R services ensure timely invoice delivery and implement effective follow-up strategies to accelerate accounts receivable collections and improve your cash flow.

Constant need to track down unpaid invoices?

Managing outstanding invoices can be a never-ending battle. Exela FAO’s accounts receivable outsourcing services provide comprehensive reporting and tracking tools, giving you real-time insights into your A/R activity and ensuring no invoice gets lost in the shuffle.

Experience Exela FAO’s Brilliant Support

We’re dedicated to your success. Exela FAO offers exceptional customer support, and is recognized by industry leaders. Our team is here to guide you every step of the way, ensuring a seamless and successful experience.

Exela FAO’s Accounts Receivable Services

We leverage automation to streamline invoicing and collections, reduce errors, and accelerate cash flow.

Improved Cash Flow

Get paid quicker with efficient collections.
Reduce time between invoice and payment.
Minimize delinquencies for improved cash flow.
Ensure a consistent inflow of funds.

Enhanced Efficiency & Reduced Costs

Eliminate need for in-house A/R team.
Leverage technology for faster collections.
Free up internal resources for core tasks.
Reinvest savings in your business growth.

How a Large Brokerage Firm Streamlined Complex Accounts Receivable with Exela’s Solution

A leading brokerage firm with 10,000 branches nationwide managed an average of 20,000 checks per day. Each branch had a local banking relationship and made 1 to 2 daily trips to the bank for deposits. There were 22 full-time and part-time employees at the HQ handling reconciliation and research.

Frequently Asked Questions

What are the biggest challenges Exela FAO helps solve in Accounts Receivable?

Exela FAO tackles several A/R challenges that hinder your cash flow. We address inefficiencies in collections processes, such as manual invoicing and slow follow-up. Additionally, we help reduce late payments by ensuring timely invoice delivery and implementing effective collection strategies. Finally, our solutions eliminate the burden of managing outstanding invoices, providing real-time visibility and preventing them from getting overlooked.

How can Accounts Receivable Outsourcing benefit my business?

Exela FAO's A/R outsourcing offers significant benefits. Firstly, it improves cash flow by accelerating collections and minimizing late payments. This ensures a steady inflow of funds to support your business operations. Secondly, outsourcing enhances efficiency by eliminating the need for in-house A/R staff and leveraging automation to streamline collections. This reduces your administrative burden and frees up resources for core business activities.

What services does Exela FAO offer for Accounts Receivable Outsourcing?

Exela FAO provides a comprehensive suite of A/R outsourcing services. We handle everything from generating and delivering invoices efficiently to automating follow-up tasks and resolving disputes. Our services also include detailed reporting and tracking tools, giving you real-time insights into your A/R activity and ensuring all invoices are accounted for.

Is Accounts Receivable Outsourcing right for my business?

A/R outsourcing is ideal for businesses facing challenges like slow collections, late payments, or limited resources for managing outstanding invoices. If your A/R processes are time-consuming or impacting your cash flow, Exela FAO's expertise and automation can significantly improve efficiency and ensure you get paid faster.

How can I get started with Exela FAO's Accounts Receivable Solutions?

Getting started with Exela FAO's A/R solutions is simple. Contact us today! Our team will assess your specific needs and recommend the best solution to optimize your collections process and improve your cash flow. We can answer any questions you may have and help you streamline your A/R operations for a healthier financial future.

Get In Touch

Ready to unlock the power of automation and streamline your P2P function? Our team of seasoned industry experts is here to guide you. Get in touch today, and let’s tailor a solution that jumpstarts your journey to a more efficient and productive financial future.