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Sending timely and accurate invoices to customers is a critical step in your order-to-cash cycle. Though
many organizations face costly challenges including time-consuming and error-prone invoicing procedures,
missing billable charges, over 1-2 days to send out invoices, and end-of-month bottlenecks.
Profectus' consultants have the expertise to help companies identify these inefficiencies and
implement best practices for reducing, streamlining, and managing your billing, invoicing, and accounts
receivables process.
Our consultants conduct an detail on-site assessment of your current billing, invoicing, and AR
practices and processes. It typically takes 2-3 days of on site consultation for our consultants to
learn, understand, and accurately conduct the assessment.
You receive a detail recommendations report that clearly identifies your company's strengths and
weaknesses and recommended solutions to improve your billing, invoicing, and AR practices and processes.
Profectus’ consultants will provide a training and an implementation plan customized to address the
specific culture, requirements, issues, and realities of your organization.
Areas of Analysis
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Billing, invoicing, and accounts receivables practices, processes, procedures, and workflow |
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Department structure and the responsibilities of management, billing, invoicing, accounts
receivables, and others involved with in the billing process |
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Invoicing forms, reports, documents, and other related communications preparing invoices |
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Methods for communicating job information to billing, identifying and tracking jobs ready to
bill, billing turnaround cycles, establishing the job bill price, and preparing bill/invoice
documentation |
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The utilization of your information
technology, accounting software, and the internet for invoicing jobs |
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Invoicing efficiency, turn-around time, and bottlenecks |
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Overview of Services
