Accounts receivable officer

Accounts Receivable professionals are instrumental in managing incoming payments from clients and ensuring a steady cash flow for the company.

A better way to hire an accounts receivable officer

Invoicing

One of their primary responsibilities is creating and sending invoices to clients. They must ensure that all billings are accurate and sent out in a timely manner.

Payment collection

Tracking payments is a crucial task. They are responsible for monitoring accounts to ensure payments are received within the agreed-upon timeframes. When payments are overdue, they initiate the collection process.

Record keeping

Maintaining detailed records of all client transactions is essential. This includes updating client accounts, recording payments, and tracking outstanding balances.

Aging reports

Regularly reviewing aging reports is part of their routine. These reports categorize outstanding receivables based on how long they've been overdue. This helps in prioritizing collections.

Communication

Engaging with clients is often necessary to resolve payment issues or discrepancies. They need effective communication skills to address payment-related concerns and ensure positive client relations.

Cash application

Accurate allocation of payments to outstanding invoices is vital. They need to ensure that payments are correctly matched with the invoices they relate to. This precision prevents accounting errors and maintains financial accuracy.

How it works

We've simplified the process, making it effortless to tap into top-tier offshore talent. With us, managing staff wages, ensuring comprehensive HR support, and more are all seamlessly integrated. You focus on your business, and we handle the rest. It's that straightforward and hassle-free.

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Frequently asked questions

What is outsourcing accounting to Sri Lanka, and why is it popular?

Outsourcing accounting to Sri Lanka through us means gaining access to a wealth of financial expertise at a fraction of the cost. It's popular due to the remarkable efficiency and quality our team delivers, making it a strategic choice for businesses focused on excellence and cost-effectiveness.

How can I assess the quality of accounting professionals in Sri Lanka?

We understand your quality concerns. When you choose us, you're selecting a team that's rigorously vetted and backed by a history of excellence. We're dedicated to providing top-tier professionals who consistently meet and exceed industry standards.

Is data security a concern when outsourcing accounting to Sri Lanka? And what are your policies?

We share your commitment to data security. Our practices include the highest standards of data protection. With cutting-edge encryption and unwavering compliance with international data security norms, your confidential information is safeguarded with us.

What are the communication challenges when outsourcing to Sri Lanka?

We're adept at transcending communication barriers and helping you do the same too. Our professionals are fluent English speakers, and we prioritise transparent channels, regular updates, and virtual meetings to ensure seamless collaboration.

What are the typical contract terms for outsourcing accounting to Sri Lanka?

Our flexible contract terms reflect your unique needs. Whether you require short-term project support or a long-term partnership, we're committed to creating a contractual framework that fits your objectives. When you choose us, you're choosing adaptable solutions tailored to your success.

Are there legal and regulatory considerations when outsourcing accounting to Sri Lanka?

Legal and regulatory compliance is in our DNA. We're well-versed in local and international regulations, allowing you to confidently navigate this landscape. Partnering with us ensures that your operations align with the highest legal standards.

Get in touch

We're here to help. Get in touch now to start your journey towards greater capacity and growth.