Reliable And Flexible Finance Management For The Collections Industry
There may be no task more vital than managing your business’s finances. From invoicing and reconciliation to posting payments and paying vendors, accurate accounting affects the success – or failure – of your business. However, monthly, weekly and daily swings in transaction volume make optimal staffing difficult.
Our finance and accounting services use our Perfect Employee® outsourcing model to provide a skilled, compliant and flexible workforce to manage your finance needs. One of the largest virtual finance departments servicing the recovery industry, we have deep experience in end-client processes and requirements, and are adept at processing in multiple platforms.
Key Benefits
- Dedicated and reliable management of finance and accounting tasks, unaffected by competing priorities
- Experienced and trained staff to ensure accurate, consistent and timely outputs
- Flexible staffing to increase capacity during peak monthly periods and decrease it during slower periods
Professional Support From An Experienced Industry Leader
At the core of our finance and accounting services are our deep expertise and years of experience in the collections industry. Our solutions include professional accounting support for a wide range of critical finance functions.
Transaction-Level Accounting
- Payment posting
- Payment adjustments
- Direct payments
- Cost posting
- Cost and e-filing reconciliation
- Balance adjustments
Client Accounting
- Client remittances
- Fee and cost invoices
- Accounts receivable posting
- Accounts receivable analysis
- Client reimbursement reconciliation and rebilling
- Billing for hourly or fixed-fee work
General Accounting
- Bank and trust reconciliation
- End-client required reconciliation templates
- General ledger posting
- Forecasting
- Vendor payments and employee expense reimbursements
- Payment and cost audits
Reliable Accounting That Protects Your Profits
Although accounting is thought of as a non-revenue-generating support function, failing to manage it in an accurate and timely manner can have a negative financial impact. Our finance and accounting services help protect your profits and improve your bottom line by:
- Reducing costs by 35% or more compared to internal management
- Freeing valuable resources to focus on core collection activities
- Eliminating the need to staff during periods of slower activity
- Mitigating unnecessary costs and penalties resulting from late or inaccurate processing
Experienced Accounting You Can Count On
1,000
Each month, we process over
client remittances.
1,000
Each month, we complete
trust account reconciliations.
10,000
Each month, we process more than
payments.
7,500
Each month, we process more than
cost postings.
9,000
Each month, we process over
accounts receivable postings.
500
Each month, we process over
payment reversals.
Poor Financial Management Can Eat Away At Profit
Our Finance And Accounting Services Can Help Protect Your Profits