India
Payable and Receivable accounting
NACS offers innovative and flexible accounts payable solutions that streamline client workflows into efficient systems. Our services are fast to implement, cost-effective, and powered by advanced technology integrations. We deliver high-quality support that few can match, with a comprehensive approach tailored to modern business needs.
- Reconciliation of vendor statements with internal books
- Preparation of vendor account statements
- Maintenance of accurate accounts payable records
- Issuance of debit/credit notes as required
- Drafting payment instructions for supplier disbursements via bank transfer or check
- Advising on early invoice payments to leverage available cash discounts
- Timely updates to the AP system through supplier bill processing
- Resolution of outstanding issues through proactive follow-ups and escalation handling
We help businesses stay on top of their receivables with accurate tracking, timely invoicing, and proactive follow-ups. Our accounts receivable solutions are designed to improve collection cycles, reduce outstanding dues, and enhance overall financial health.
Receivable accounting
- Customer Invoicing & Billing Timely and accurate generation of invoices based on your sales and service records.
- Receivables Tracking & Aging Reports Real-time monitoring of outstanding balances and aging analysis for better visibility.
- Payment Follow-ups & Collection Support Systematic follow-up with clients to ensure timely payments and reduce delays.
- Cash Application & Reconciliation Matching incoming payments with invoices and updating records for clean books.
- Credit Management & Risk Assessment Helping you evaluate customer creditworthiness and set appropriate credit limits.
- Dispute Resolution & Query Handling Addressing payment discrepancies and resolving customer queries professionally.
- Monthly AR Reporting & Insights Customized reports to help you track performance,.
