If you are a business owner in the Tri-State area, or even a prospective business owner for that matter, you have probably considered how accounts receivable management could benefit your business. After all, managing accounts receivable is pretty much an entire job on its own, and you already have a business to run and plenty of other things to worry about. 

At the Hedaya Capital Group, we offer comprehensive accounts receivable management services to business owners in the New York City and Tri-State area so that they can focus on what really matters — growing sustainably. 

In today’s blog, we will be discussing in-depth the benefits that one might experience when letting our team of management specialists handle your accounts receivable. 

Improved Cash Position

Any business owner will tell you that one of the most important things that contribute to sustainable growth is to have access to the capital that allows you to make necessary acquisitions and transactions. 

You have bills to pay, and you can’t pay those bills if your clients and customers have not yet paid you the money that you are guaranteed. By utilizing accounts receivable management services like ours, here at the Hedaya Capital Group, you can utilize our best practices like reminding customers to pay, identifying and organizing invoices, and more. With our accounts receivable management services, you will have a much better idea of what your cash position is. 

Increased Accounts Receivable Efficiency 

As a business owner, you are in charge of everything. And when you are in charge of running the day-to-day and the logistics of your financial situation, things can get lost in translation or lost completely. 

Rather than working on your accounts receivable and free moment that you can get, consider the benefits of having a professional accounts receivable management team handle your accounts receivable for you. At the Hedaya Capital Group, we have extensive experience working with accounts receivable — meaning that when you work with our team, nothing will slip through the cracks. 

Improved Customer Satisfaction

In the world of accounts receivable, there are a great number of things that can lead to your customers not paying you on time. That being said, sometimes it is not their fault, it is yours. Even sending a late invoice to a client can lead to a slippery slope of future invoice mismanagement. 

When you let our team at the Hedaya Capital Group handle your accounts receivable, you can rest easy knowing that invoices will be on time and clearly stated — making the payment process easier on your customers and creating an overall more enjoyable experience for them. 

A Shortened Payment Cycle

When it comes to accounts receivable, shortening the payment cycle from the sale to payment is critical. After all, the entire point of accounts receivable is to manage the money that you have while accounting for the money that you are guaranteed. That being said, it is important for your growing business to get those guaranteed payments as quickly as possible. 

When you work with our team, here at the Hedaya Capital Group, you can expect to have an optimized payment cycle so that you can get the money that you need to grow faster than you have been in the past. No longer will your sales invoices go out late or will you have to contact customers for payment. When you work with us, that is all taken care of. 

Credit Protection

When it comes to your business, it can be hard to justify taking chances with credit. How much credit are you willing to extend to your customers? What if they go bankrupt or insolvent? These are the kind of questions that you want to have an answer to.

At the Hedaya Capital Group, we believe that the answer is credit protection — a service that we offer to all of our factoring and accounts receivable clients. We offer credit protection to both borrowing and non-borrowing clients, and we can almost immediately get to work upon your request. So what are you waiting for? Get in touch with us today to discuss our accounts receivable management and credit protection services. 

Let’s Work Together To Grow Your Business

At The Hedaya Capital Group, we have a vested interest in your success — meaning that we will go out of our way to help your New York City or Tri-State area business succeed. Among the ways we can do so, accounts receivable and credit protection are some of the more lucrative services that we offer. So what are you waiting for? Contact us to speak with a member of our team today.

If you have any questions about accounts receivable or credit protection, we urge you to contact us right away. We would love to explain in detail the benefits that our services can bring to you and your business.