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Our Strength
IAB generates cash to reduce your DSO and improve your bottom line. IAB delivers a revenue stream while improving customer relationships and providing valuable reports to its Clients. Since 1984, IAB has developed custom A/R solutions and truly represents: Partners, Solutions & Results. Contact us for a free process review and proposal.
Accounts Receivable Process Review and Audit
IAB Solutions provides fully managed and trained A/R analysts both on-site and/or off-site depending on your specific needs. The fee structure for IAB's accounts receivable process review and auditing is dynamic and tailored to your specific assignment. Fees are typically productivity based and dependent on age, size and type of portfolio assigned.
Purpose
- Improve the deduction resolution process.
- Reduce Open Deduction balances.
- Increase collections of unauthorized deductions.
Process
- IAB provides experienced accounts receivable managers to evaluate on-site processes, policies and procedures.
- IAB's accounts receivable process review and auditing incorporates leading industry best practices to determine areas of improvement.
- IAB examines the document flow through all applicable departments and provides industry specific benchmark data.
- IAB develops a full report summarizing the findings and providing recommendations for improvement.
Results
- Improved customer relationships and payment behavior.
- Reduced unauthorized deductions.
- Escheatment Avoidance
- Improved work flow, quicker deduction resolution and reduced deduction balances.
