Credit Management, Invoicing, Receivable Analysis

Our services include

Credit management: Credit check, Credit rating and Credit risk appraisal
Sales order capture: Checking the order with respect to quotation / LOI, Checking other terms like delivery schedule and payment terms, Order entry into the system
Invoicing: Validation of sales order, checking material availability / Milestone completion, Despatch documentation, preparation of invoice and accounting of sales invoice
Collection and Banking: Follow-up of receivables falling due, collection of instrument, Banking of cheques
Problematic receivable analysis: Analyse receivables ageing, compare commitments and deliveries of overdue receivables, seek approvals for deviations and follow-up for settlement.
Reporting: Customer credit rating report, Collection forecast, Ageing of receivables, Problematic receivables, doubtful debts, write-offs and justification.

Receivables....

Accounts receivable management is a key finance function that impacts cash flow which is essential for maintaining a strong and vibrant business.

At ePalmelaf, we offer services in all aspects of accounts receivable management and have a team that is vastly experienced in credit and receivables management. We analyse the nature of business and put in place a process for credit and receivables management that would enable customers have increased cash flow, minimized bad debts and reduced operating costs.