Accounts receivable outsourcing refers to a function which allows a firm to sell their accounts receivables and invoices to an external finance company. Finance companies receive the invoices at a reduced rate and when the due date arrives, it collects money from your customers at the stated invoice price. There are a variety of techniques used to do this, which therefore makes it difficult to determine which method is most effective. In-house teams need to dedicate a huge amount of time in investigating this, which can increase pressure and workloads.
By using IMS Decimal Outsourced Accounting and Finance Services, we accelerate your cash flow by growing sales and improving the efficiency of your operations, while handing your communications with high-service and professionalism. We use state-of-the-art software and systems to instantly organize and track your receivables, making sure that progress with projects are monitored accordingly. IMS Decimal also focus on upholding high-quality people skills by conducting frequent and effective communication with your customers to encourage prompt payment, saving you precious time, money and resources.
IMS Decimal are industry experienced professionals, possessing an abundance of knowledge and skillsets that inject expertise into your business. Our Outsourced Accounting and Finance Services specialists are specifically trained to obtain prompt payments appropriately on your behalf, allowing your personnel to focus on what they do best.
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What our clients say
When I was first made aware that the operations teams were based in India; I can't lie - it made me nervous, and this was purely down to my past experiences when calling the customer service departments of big blue-chip clients. But the service from IMS Decimal is totally different. Not only does the team speak perfect English, but their attention to detail is second to none. They make sure every task is completed by the deadline, they triple and quadruple check everything before confirming, and they go above and beyond to assist you where needed. Working with your team has made my business flow and has taken away a lot of stress when it comes to processing payroll and credit control. I couldn't recommend you guys highly enough. We wouldn't be where we are without your support. Keep up the great work, guys!
We made a last-minute choice to outsource our weekly temp payroll from April 2020. IMS Decimal's expertise into recruitment agency payrolls was a definite asset when it came to defining the scope of work necessary to export data from our CRM and old payroll software for both the weekly data files and the initial take-on file and implementing payroll for our team. Frequent catch-up calls by video call with the Payroll team to work through the tests and refine where necessary meant that Go Live went without a hitch and to timescales, no mean feat during a short four-day bank holiday week under global COVID lockdown! Service levels to date have been met or exceeded.
We engaged the services of IMS 2.5 years ago and couldn’t be happier with their support. IMS Decimal team provide us with key support, specifically around the production of financial management reports. Not only do they provide us with consistent, periodic reporting and analysis, but they are always available when we need to change timescales on delivery and require something urgent. Over the 2.5 years, they have come to know our business, the support that we need and are now providing us with proactive ideas on areas to improve further. Thanks, IMS Decimal!
I just wanted to say how extremely pleased and proud I am with the way payroll has gone over the last few weeks, We have not had a single candidate come back to us with a pay query or holiday query when the payslips were sent out. I think this deserves a massive pat on the back to all involved! To not have a single query prop up is a testament to all the hard work and processes we have all put in place. Kudos to the IMS Decimal team!