Outsourced Accounts Receivables

What is Outsourced Accounts Receivable?

Outsourced Accounts Receivable is when a company outsources its accounts receivables process to a third party specialised company which sends, chases and collects invoices on the company’s behalf.

Payfor will revitalise your Accounts Receivable process by taking over invoicing and chasing of invoices from (or in tandem) with your existing AR department.   Its a white label service where our team manage the sending, chasing and collection of your company’s invoices. Thus our team are perceived as representing your company as your company’s employees.  

How does it work?

Invoices are generated to match the specific workflow of your business using specialised communications to ensure they are paid well before the due date.

All invoices are sent, chased and ensured to be paid to you as closely before due date as possible.  Funds are paid directly to your company’s bank account.  Your key account manager will send you weekly and monthly reports on what has been collected and what will be paid in the near future based on our 93% success rate.

Should an invoice default, our AR team are experienced at securing payment otherwise it can be forwarded to Payfor for collection in a seamless process.  The speed and efficiency where defaulted invoices are immediately dealt with has a huge impact on your clients and puts your company top of their priority “to be paid” list.

What are the benefits?

  • 1
    Strengthen cash flow
  • 2
    Save money on costs
  • 3
    Benefit from an experienced remote team
  • 4
    Proven successful service
Your global
recovery specialists.
Global Address
UK - 67-74 Saffron Hill, London EC1N 8QX

DE - Kantstrasse 162, 10623 Berlin, Germany
Copyright. Payfor 2022. London.