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What are Accounts Receivable Services?

accounts receivable service  involve handling and monitoring a company’s delayed invoice or accounts receivable. These are services such as timely invoicing, payment collection and record keeping. They also do things like send reminders, account reconciliation and report on unpaid debts. Well managed accounts receivable management not only enables better cash flow, but also increases the ability to collect from bad debts and general financial well being. Outsourcing these type of services give businesses the ability to concentrate their efforts around their core work and allow professionals to take care of the intricacies of billing and collections.