Yobapart

Debt Management

We are managing the book debts for our clients and ensuring the timely receiving the payments from their customers. We are keeping the track of ageing invoices on the basis of due date and with the help of technology and keep reviewing such ageing invoices are pending after getting due from the customers and do the follow up in professional manner, discuss and communicate with customers on behalf of our client.

Our inhouse build database management system help us import the client AR Data with the help technology and keep the track of invoice due and automize follow up with the customers.

• Customers Audit
• Customers Reconciliation
• Overdue Follow-up
• Technology Based Follow-ups

Debt Management is an important for any business as its impact directly on the working capital of the business and for smooth operations for outflow of funds for any business, their timely collection from the customers is very important else such business may get in trouble to pay their liabilities and it can impact to their goodwill and brand and further they may get problem in supply of good or services from their vendors.
As business is managed either through equity or borrowing the debts from the bank and financial institutions and hence they need to pay interest on such borrowing funds as per agreement in timely manner and scarcity of inflow in the business may impact on paying such obligations further various civil and criminal actions from the bank.
As business units depend to manage their inflow on their collection team and in absence of any expertise of collection management it may happen that there is delay in collections below are the factors which causes for the delay in collection from the customers.
• Errors in invoice documents
• Reconciliation items not cleared
• Compliance issue for payments from abroad and bank hold
• Failure performing the duties from staff
• Process of customers for uploading document not followed
Yobapart help you to manage the debt management in electronic environment which remove the scope of manual intervention and also support to remove the difference arise from the client in terms of tax, compliance through our expert team who manage