Empower Your Clients with Streamlined Accounts Receivable
For your accounting or bookkeeping firm, AltQuad can help you expand your service offerings and enhance client value by providing accounts receivable outsourcing services.
Our expert team handles all aspects of the accounts receivable outsourcing process, from invoice generation and customer communication to collections and cash posting, freeing up your in-house resources and allowing you to focus on higher-value activities.
Get your first 50 hours of outsourced Accounts Receivable services free
AltQuad - The trusted Accounts Receivable outsourcing partner for accounting & bookkeeping firms
Key benefits of outsourcing accounts receivable of your clients with AltQuad
Elevate your bookkeeping services with AltQuad's premium AR offshoring solutions. Our dedicated team
of experts will streamline your clients' AR processes, accelerate cash flow, and improve overall financial
performance.
What we do differently at AltQuad in Accounts Receivable Outsourcing
Accuracy
➡ We prioritize accuracy through rigorous quality control measures, including checklist-driven processes and multiple levels of review.
➡ Our team is trained to identify and rectify errors, ensuring the highest level of precision in every task.
➡ By leveraging advanced technology and automation, we minimize human error and improve overall accuracy.
Timeliness
➡ We adhere to strict SLAs and deadlines to ensure timely processing of invoices and collections.
➡ Our team is well-versed in efficient workflows and leverages automation tools to accelerate the AR process.
➡ We maintain a detailed accounting calendar and utilize project management tools to track progress and meet deadlines.
Communication
➡ We believe in the power of clear and effective communication. It is one of our core principles to over communicate.
➡
Our team is committed to responding to queries promptly and providing regular updates.
➡ We utilize various communication channels, including email, phone, and project management tools, to ensure seamless collaboration.
Reporting
➡ We provide comprehensive and customizable reports to give you valuable insights into your AR operations
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Our reports include key metrics such as aging analysis, customer performance, and cash flow.
➡ By analyzing these reports, you can make data-driven decisions to improve your clients' cash flow and overall financial health.
Services we offer
Our Process
At AltQuad, we follow a structured and transparent process to ensure the successful implementation and management of your clients' accounts receivable outsourcing needs.
Scoping
We begin with a thorough consultation to understand your clients' unique requirements and challenges. This includes a comprehensive assessment of their existing AR processes, pain points, and desired outcomes.
Solution Design
Based on our assessment, we design a customized accounts receivable outsourcing solution tailored to your clients' specific needs and budget. This may include a combination of services such as invoice generation, customer communication, collections management, and cash application.
Integration
We work closely with your team to ensure a smooth and seamless integration of our services into your existing workflows. This may involve data migration, system integrations, and training sessions for your staff.
Cadence Setting
You'll be assigned a dedicated account manager who will serve as your primary point of contact. Your account manager will oversee the entire project, ensure timely communication, and address any concerns or questions you may have.
Wondering who we are?
Know more about AltQuad’s core values and the leadership team. Know our why and know what drives us to serve our clients consistently better, everyday.
Our tech experience
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Enterprise Solutions
FAQ
Yes, absolutely! Offering outsource receivables services can significantly expand your service offerings and enhance your value proposition to clients. By partnering with an experienced provider like AltQuad, you can deliver high-quality accounts receivable outsourcing services to your clients while freeing up your internal resources for other critical tasks.
- Increased Revenue: Generate additional revenue streams for your firm by offering a valuable and in-demand service like outsource receivables.
- Enhanced Client Satisfaction: Deliver superior service to your clients with improved cash flow and reduced DSO.
- Improved Client Retention: Strengthen client relationships and foster loyalty by providing a comprehensive suite of accounting services, including accounts receivable outsourcing.
- Competitive Advantage: Gain a competitive edge by offering a unique and valuable service like outsource receivables that differentiates your firm from the competition.
- Improved Profitability: Enhance your firm’s profitability by increasing revenue and improving operational efficiency.
Partnering with a reputable and experienced provider like AltQuad is crucial. We prioritize quality control and adhere to the highest industry standards. We also maintain open communication with you throughout the process to ensure your clients receive the highest level of service.
Key metrics include:
- Days Sales Outstanding (DSO)
- Collection rates
- Bad debt expense
- Customer satisfaction
- Revenue growth
By tracking these metrics, you can demonstrate the value of outsource receivables to your clients and continually improve your service offerings.
We offer FTE model, per transaction model, fixed fee model and a hybrid model. Our billing model is flexible and tailored to your specific needs. Most common one is an FTE model with an approximate agreement to transaction times.
We are premium offshore house. We offer a cost-effective solution without compromising on quality. The exact pricing will depend on several factors, including volume of transactions, complexity of requirements, integration requirements, team size and expertise required. However, one can expect a range from $10 per man hour and upward basis above factors.
We can adapt to your existing technology stack or provide our own. We have a robust technology infrastructure that includes advanced AR automation tools, secure cloud solutions, and real-time reporting capabilities. We can seamlessly integrate with your accounting software and other systems to ensure smooth operations. If you prefer to use your own technology, we can work with your existing systems and customize our processes to fit your specific needs.
any activity that involves requirement of physical presence of our team members to execute tasks are not taken up by us as we operate completely on digital and offshore model. Activities like on premise follow-up on collections hence remains out of scope when an accounting firm collaborates with us.
Yes, absolutely! Offering outsource receivables services can significantly expand your service offerings and enhance your value proposition to clients. By partnering with an experienced provider like AltQuad, you can deliver high-quality accounts receivable outsourcing services to your clients while freeing up your internal resources for other critical tasks.
- Increased Revenue: Generate additional revenue streams for your firm by offering a valuable and in-demand service like outsource receivables.
- Enhanced Client Satisfaction: Deliver superior service to your clients with improved cash flow and reduced DSO.
- Improved Client Retention: Strengthen client relationships and foster loyalty by providing a comprehensive suite of accounting services, including accounts receivable outsourcing.
- Competitive Advantage: Gain a competitive edge by offering a unique and valuable service like outsource receivables that differentiates your firm from the competition.
- Improved Profitability: Enhance your firm’s profitability by increasing revenue and improving operational efficiency.
Partnering with a reputable and experienced provider like AltQuad is crucial. We prioritize quality control and adhere to the highest industry standards. We also maintain open communication with you throughout the process to ensure your clients receive the highest level of service.
Key metrics include:
- Days Sales Outstanding (DSO)
- Collection rates
- Bad debt expense
- Customer satisfaction
- Revenue growth
By tracking these metrics, you can demonstrate the value of outsource receivables to your clients and continually improve your service offerings.
We offer FTE model, per transaction model, fixed fee model and a hybrid model. Our billing model is flexible and tailored to your specific needs. Most common one is an FTE model with an approximate agreement to transaction times.
We are premium offshore house. We offer a cost-effective solution without compromising on quality. The exact pricing will depend on several factors, including volume of transactions, complexity of requirements, integration requirements, team size and expertise required. However, one can expect a range from $10 per man hour and upward basis above factors.
We can adapt to your existing technology stack or provide our own. We have a robust technology infrastructure that includes advanced AR automation tools, secure cloud solutions, and real-time reporting capabilities. We can seamlessly integrate with your accounting software and other systems to ensure smooth operations. If you prefer to use your own technology, we can work with your existing systems and customize our processes to fit your specific needs.
any activity that involves requirement of physical presence of our team members to execute tasks are not taken up by us as we operate completely on digital and offshore model. Activities like on premise follow-up on collections hence remains out of scope when an accounting firm collaborates with us.
