Account And Bank

Taking into consideration the volatile dynamics of our global economic system, it has become a precondition for every business to consolidate their non-core financial services to ascertain a competitive edge. Today, CFOs and CPAs across the globe seek out accounting outsourcing firms that can assist them in reducing the company’s operating costs, increasing profits and establishing benchmarks for superior governance and conformity to regulations. That is exactly why the majority of them outsource accounting services to a third party company. We, at ……………., fully grasp this compelling requirement of businesses and provide an extensive range of accounting back office services at competitive costs.

What people say

Taking into consideration the volatile dynamics of our global economic system, it has become a precondition for every business to consolidate their non-core financial services to ascertain a competitive edge. Today, CFOs and CPAs across the globe seek out accounting outsourcing firms that can assist them in reducing the company’s operating costs, increasing profits and establishing benchmarks for superior governance and conformity to regulations. That is exactly why the majority of them outsource accounting services to a third party company. We, at Cubic It Services  fully grasp this compelling requirement of businesses and provide an extensive range of accounting back office services at competitive costs

Cubic It Service’s finance and accounting outsourcing services are outlined to support the client by setting up compliance and controls, equalizing expenditure and growth, cutting down the cash cycle and increasing the ROI. Size doesn’t make a difference for us & every client is equally important for us. We seek to serve you in the most efficient manner.

  • Setting Up Chart of Accounts
  • Billing for goods sold or services
  • Recording receipts from customers
  • Verifying and recording invoices from suppliers
  • Paying suppliers                        
  • Processing employees’ pay and the related governmental reports
  • Recording depreciation and other adjusting entries
  • Entering Bank Details
  • Allocating the account entries
  • Value-added bookkeeping
  • Month-end or year-end closing
  • Invoice imaging and storing
  • Invoice approval
  • Expense allocation
  • Online payment approval
  • Check processing
  • Handling of vendor inquiries
  • Order management
  • Customer billing
  • Customer aging
  • Collections management
  • Cash forecasting & reporting
  • Bank statement reconciliation with your bank statement
  • Credit card reconciliation with your statement records
  • Matching of invoice with your ledger as well as journal entries
  • Sequencing of checks
  • Balance sheet reconciliation
  • Invoice imaging and storing
  • Invoice approval
  • Expense allocation
  • Online payment approval
  • Check processing
  • Handling of vendor inquiries
  • Real Estate
  • Restaurant
  •  Insurance
  •  Healthcare
  • Banking and Finance
  • Manufacturing
  •  Retail & Wholesale
  • Law Firm

ACCOUNTS RECEIVABLE SERVICES

In today’s business world, outsourcing accounts receivable services have become popular, as cash flow is of utmost importance in every enterprise. Typically, the business’ performance becomes more predictable when collections and cash flows are timely.​

But companies have to ensure that they derive the maximum output from the amount they spend on managing their receivables. Cubic It Services provides accounts receivable outsourcing services that improve collections, along with the company’s lifecycle from order to cash. Our accounts receivable implementation is in accordance with the best practices and delivers frequent analysis, automation, reporting, improved communication and flexibility. The practices cover collections, credit, cash receipts and applications, payment terms, individualized contract management, and electronic and paper-based procedures for billing. We keep you informed about your customer relationships and receivables through our regular reconciliation and analysis provided all through the order to cash cycle. We recognize and resolve any causes for payment delays in the course of our efforts towards continual improvements.​
 

Why Choose US

  • A single source of delivery for documentation for accounts receivable, such as consolidated electronic, mail and print delivery
  • Streamlining of receivables to improve productivity with the help of services related to accounts receivable deduction management
  • access to document images by many users
  • Time savings through quick access to document images by many users
  • Greater flexibility and speed
  • All documentation related to customer service in a single repository
  • A problem-solving approach and processes for quality assurance to improve customer loyalty
  • A common web browser for retrieval of data and documents at any point of time
  • Lower costs
  • Virtual extension of your credit department
  • A highly experienced collections team that increases salvaged revenues through primary charge-offs

OUR KEY DIFFERENTIATORS

  • Best-in-class processes with built in, committed productivity gains
  • Flexible and dynamically scalable solution – 45%-65% cost savings
  • Potential to create positive business and cash flow impact

 

  • Performance evaluation using internal and external benchmarking
  • Combination of business domain knowledge with technology competence to deliver best results