TanServ's focus is to manage the leakages in the Working Capital Value Chain
with the objective of helping our clients get their Receivables collected on time, every time
Effective AR management is critical for enterprise businesses, to optimise working capital and retain margins. It has direct impact on the cost of funds. leading to profitability. However, it is becoming progressively challenging. Complexities like increasing automation, different regulations, changing client demands and new business models increase the time and effort required, putting stress on available resources.
CFOs
CFOs end up spending a disproportionate amount of time worrying about managing AR and lumpy cashflows.
Finance Mangers
Spend a lot of time chasing sales teams for forecast of the incoming cashflows. Inaccurate
Sales Teams
Have to balance the need to realise dues on time with their growth imperative from the same customer. Even if they’re not directly responsible for collections, too much of their time is spent on AR queries and follow ups.
02%
The increase in Net margin just by ensuring collections within due date
50%
The increase in On time Collection, just by first time right invoicing
15+
The number of leads a salesperson can generate in the average time spent on chasing dues!
This is where TanServ steps in, to free up your resources and bandwidth by taking up end to end responsibility of your AR Management.
We understand the varied requirements to service receivables of different vintages. We ensure that the receivables in the B2B scenario are serviced on time, every time. Whether it means prepping the customer days before the due date or tracking the progress on the payment, we work diligently, yet with a smile to enhance the customer experience. In the process, ensuring your teams get accurate information when needed, and the time to focus on their core objectives.
Our Services
Account Receivables
We understand the varied requirements to service receivables of different vintages. Working with customers to collect within the due date or in the late stage, we provide an equally great experience. We start with in-depth understanding of the payable process of the customer to ensure the right approach the first time.
+ For the current invoices (pre due day), our work starts the day invoice is generated. Contacting customers and ensuring that the complete invoice with all supporting documents, reaches them on time to ensure payment in time.
+ For delayed invoices, we work extensively with the customer and the internal team of client to create the required conducive environment for payment processing.
Dedicated Integrated services
Ours is a white label service. Each member of our team is diligently trained so they can best represent your organisation as they go about their job. Our objective is to strengthen your relationships with your customers even as we speed up the collection of your dues
Insightful Analytics
Ours is a white label service. Each member of our team is diligently trained so they can best represent your organisation as they go about their job. Our objective is to strengthen your relationships with your customers even as we speed up the collection of your dues
360 degree cashflow
One of the most important requirements of any collections work is the reconciliation of the books of all entities involved to arrive at the right figures. We have teams of qualified people across regions to ensure this is done quickly and effectively.
Contract Management
We carefully study contracts to map out the penalty areas clearly. We define and track the TAT for each department to ensure that our clients are able to bill their invoices on time (needs inputs from tanServ)
Inebura, the tech platform
Puts the science into AR Management. Developed in-house by people with on-ground expertise in strategic AR management, it drives efficiency within our robust process.
How We Work
A white label service, our highly trained team represents you when interacting with customers
Apt combination of people, processes and technology to ensure we deliver on right from the time
Work across multiple teams at client end to ensure issues are resolved right from the time documentation and invoicing stage
Multilevel relationships across hierarchies at the customer end, to ensure proper escalation when required
Our job ends when the payment and payment advice come in, not before!
Case Studies
50% reduction in DSO within 7 months of starting...
40% increase in collection within due date for a...
60% increase in the first time right invoice submissions...
Increased collections within due date leads to zero credit...
Reduced bad debts, reduction in DSO and increased visibility...
Better tracking of despatch and installation led to timely...
Better tracking and increased reach helped reduce overall cost...
Complete workflow mapping and focused follow up helped streamline...
Comprehensive reconciliation of books across multiple customers coupled with...
Streamlining the entire dealer channel helped this industrial tool...
Complete AR Management leading for this Global Industrial company...
Highly delayed payments by customers of this infrastructure company...
Schedule a meeting to know more
Find out more about how we can help your organization to grow to it's next level. Also, get answers to your unique questions, and find out why TanServ is the ideal choice for your business.
