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Accounts Receivable Services

Managed AR, Without The Noise
From the Account Receivables Management Experts

Comprehensive AR Management
From end-to-end billing to collection – every process managed for efficiency
Top Experts
Skilled specialists with 20+ yrs of AR expertise, delivering best-in-class practices
Process Compliance & Rigour
Robust frameworks, SOPs, and governance models that improve DSO and working capital
Streamline and simplify your accounts receivables processing with MYND. Our AR experts specialize in delivering tailor-made solutions that cut through the transactional noise, accelerate collections and reduce DSO (Days Sales Outstanding). As cash flow improves and visibility increases, the team is able to drive better working capital management.

Ready to Optimize Your AR?

Service Offering

End-to-end AR Lifecycle Management
Accurate Billing, Faster Collections, Lower Bad Debts

MYND manages the entire Accounts Receivable lifecycle — starting with credit checks and customer onboarding, followed by order management, billing, collections, and cash application, right through to account reconciliation. Our expert-led processes are designed to balance operational rigour with an empathetic, professional approach towards customers.

Our Comprehensive AR Workflow
How We Do it Better

Credit & Customer Master Setup

  • Credit reviews, limit approvals
  • Organized documentation of each client’s payment terms
  • Ongoing tracking of creditworthiness

Order Creation & Management

  • Check customer credit and approve spending limits
  • Keep clear records of each client’s payment terms
  • Track customer payment reliability over time

Invoicing & Dispatch

  • Preparing invoices guided by robust SOPs
  • Ensuring correct data entry, timely distribution
  • Verification against client contracts or purchase orders

Collection & Follow-Up

  • Systematic approach to dunning and reminders
  • Structured call desks for chasing overdue bills
  • Escalation paths for chronic late payers

Payment Posting & Reconciliation

  • Clear, accurate application of incoming funds
  • Handling of partial payments, write-offs, or credit notes
  • Quick resolution of mismatches or short payments

Reporting & Governance

  • Scheduled MIS and dashboards for AR progress
  • Compliance-driven checklists (statutory/regulatory)
  • Performance oversight with periodic reviews

An AR Approach Tailored to Your Industry & Scale

QSR, Telecom, Healthcare, IT/ITES, Retail & Consumer Goods—we adapt our process mastery to your environment. Whether you’re a startup or an established global enterprise, our people-first approach ensures frictionless receivables.

1-49 employees     |     50-500 employees     |     500+ employees

Benefits

Healthier Cash Flows. Lower DSOs. Lesser Disputes.

Benefits

01

Predictable Cash Flow

Structured approach to invoicing and collections for consistent cash inflow.

02

Informed Decision Making

Regular MIS updates for visibility into collection trends — overdue trends, top delinquent accounts, collection efficiency, etc.

03

Cost Optimization

Specialized AR teams to plug resource gaps and reduce overheads.

Benefits

01

Accurate Record-Keeping

Expert-driven processes for accurate posting and reduced manual reconciliations.

02

Resource Scalability

Flexible service model that can be ramped up or scaled down with seasonal variations or growth demands.

03

Reduced Disputes & Queries

Proactive account management for minimal last-minute invoice queries and escalations.

Benefits

01

Strategic Liquidity

Lower DSO, fewer missed receivables and better working capital management for freed up cash flow and stronger strategic agility.

02

Better Client Relationships

Professional, empathetic AR that prioritises, and preserves, important customer relationships.

03

Stronger Reputation

Proactive, timely and transparent financial dealings that give your organization a reputation for integrity.

Don’t Just Take Our Word for It

Enhancing Hospital Service Reconciliation Efficiency

  • Industry: Healthcare
  • Service: Claims Management & Reconciliation
  • Challenge: A healthcare provider network experienced 35% delayed submissions and inconsistent reconciliation of patient services.
  • Solution: MYND deployed timely billing processes, quality audit frameworks, and automated cash application systems.
  • Outcome: 90% on-time submissions, 65% faster account reconciliation, and 28% improvement in overall collection rates.

Streamlining Tender Reconciliation for QSR Chains

  • Industry: Quick Service Restaurants
  • Service: Cash Management & Reconciliation
  • Challenge: A national QSR chain struggled with cash variances across 200+ locations and delayed deposits, creating security risks.
  • Solution: MYND implemented a centralized reconciliation system tracking cash, card, and digital payments with automated deposit scheduling.
  • Outcome: 95% reduction in reconciliation errors, 40% faster bank deposits, and eliminated cash shrinkage across all locations.

Optimizing Rental Equipment Collections for IT Services

  • Industry: IT/ITES
  • Service: Revenue Cycle Management
  • Challenge: A technology rental company faced 45+ day payment cycles and 30% billing query rates, affecting cash flow.
  • Solution: MYND established quality audit protocols, scheduled follow-ups, and multi-channel collection touchpoints.
  • Outcome: Reduced DSO from 45 to 30 days, decreased billing queries by 75%, and improved working capital by $2.8M annually.

The MYND Advantage

20+ Years of AR Excellence, Backed by Expert Talent

We don’t just manage your receivables, we safeguard your brand and bottom line. With a people-first mindset, proven processes, and deep domain experience, we ensure your AR processing stays on track, always.

Our AR Methodologies

Getting Started

It’s Easy to Get Results with Us

5 Steps to Implementation Success

Ready to Start?

01

We’re just a call away

We talk through your AR pain points and growth targets to understand your current challenges and operational requirements.

02

Solutions are uniquely tailored

Our experts design a customized operating model that optimizes your accounts receivable processes and aligns with your business objectives.

03

Switching simplified

We help compile customer details, outstanding balances, and any historical disputes into a standardized framework.

04

Transitions are smooth

We implement the target operating model, configure workflows, and transition operations while ensuring minimal disruption to your business.

05

Iteration is a part of the process

Through periodic reviews, we pinpoint new opportunities for optimization—be it improved follow-up strategies or refined SOPs.

Resources

P2P Resources: Case Studies, Tools & Insights

Industry-Specific Solutions →

For the CFO: Converting P2P Pains into Gains →

Strategic Advantages of P2P Outsourcing →

FAQs

Your Questions Answered

We adapt to your current workflows and support your staff. Our focus is on harmonizing data flows and ensuring consistent AR practices, rather than forcing new tech.
All client data is governed by strict SOPs, NDAs, and regular audits. We maintain robust confidentiality measures for invoices, customer details, and financial records.
We conduct in-depth training sessions, provide SOP documents, and offer dedicated support for queries, ensuring your teams are fully comfortable with our processes.
We establish clear SLAs for accuracy, timeliness, and resolution rates, backed by KPIs that you can track through regular performance reports.
We offer scalable staffing solutions, ramping up or down as needed to maintain stable AR operations, even in peak seasons.
Just reach out for an initial consultation call. We’ll map your current AR challenges, define the scope, finalize timelines, and commence with data alignment before the official handoff.

The MYND Multiverse

Explore More Services and Products from MYND

Let’s Get Started

Want to know how we can create an impact for your business?

Set Up a Meeting with our Expert Consultants


Saurav Wadhwa

Co-founder & CEO

Saurav Wadhwa is the Co-founder and CEO of MYND Integrated Solutions. Saurav spearheads the company’s strategic vision—identifying new market opportunities, unfolding product and service catalogues, and driving business expansion across multiple geographies and functions. Saurav brings expertise in business process enablement and is a seasoned expert with over two decades of experience establishing and scaling Shared Services, Process Transformation, and Automation.

Saurav’s leadership and strategy expertise are backed by extensive hands-on involvement in Finance and HR Automation, People and Business Management and Client Relationship Management. Over his career, he has played a pivotal role in accelerating the growth of more than 800 businesses across diverse industries, leveraging innovative automation solutions to streamline operations and reduce costs.

Before becoming CEO, Saurav spent nearly a decade at MYND focusing on finance and accounting outsourcing. His background includes proficiency in major ERP systems like SAP, Oracle, and Great Plains, and he has a proven track record of optimizing global finance operations for domestic and multinational corporations.

Under Saurav’s leadership, MYND Integrated Solutions maintains a forward-thinking culture—prioritizing continuous learning, fostering ethical practices, and embracing next-generation technologies such as RPA and AI-driven analytics. He is committed to strategic partnerships, long-term business development, and stakeholder transparency, ensuring that MYND remains at the forefront of the BPM industry.

A firm believer that “Leadership and Learning are indispensable to each other,” Saurav consistently seeks new ways to evolve MYND’s capabilities and empower clients with best-in-class business process solutions.

Vivek Misra

Founder & Group MD

Vivek is the founder of MYND Integrated Solutions. He is a successful entrepreneur with a strong background in Accounts and Finance. An alumnus of Modern School and Delhi University, Vivek has also undertaken prestigious courses on accountancy with Becker and Business 360 management course with Columbia Business School, US.

Vivek is currently the Founder & Group MD of MYND Integrated Solutions. With over 22 years of experience setting up shared service centres and serving leading companies in the Manufacturing, Services, Retail and Telecom industries, his strong industry focus and client relationships have quickly enabled MYND to build credibility with 500+ clients. MYND has developed a niche in Shared services in India’s Finance and Accounting (FAO) and Human Resources (HR). MYND has also taken Solutions and services to the international space, offering multi-country services on a single platform under his leadership. Vivek has been instrumental in fostering mutually beneficial partnerships with global service providers, immensely benefiting MYND.

Mynd also forayed into a niche Fintech space with the setup of the M1xchange under the auspices of the RBI licence granted to only 3 companies across India. The exchange is changing the traditional field of bill discounting by bringing the entire process online along with the participation of banks through online auctioning.

Sundeep Mohindru

Founder Director

Sundeep initiated Mynd with a small team of just five people in 2002 and has been instrumental in steering it to evolve into a knowledge management company. He has brought about substantial improvements in growth, profitability, and performance, which has helped Mynd achieve remarkable customer, employee and stakeholder satisfaction. He has been involved in creating specialized service delivery models suitable for diverse client needs and has always created a new benchmark for Mynd and its team. Under his leadership, Mynd has developed niche products and implemented them on an all India scale for superior services. Mynd has been servicing a large number of multinational companies in India through its on-shore and off-shore model.

TReDS (Trade Receivable Discounting System) has been nurtured from a concept stage by Sundeep and the Mynd team. M1xchange, Mynd Online National Exchange for Receivables was successfully launched on April 7th, 2017. While spearheading the project, Sundeep and his team have built up the TReDS platform to meet RBI guidelines and enhance the transparency for all stakeholders. This platform and related service has the capability of transforming the way the receivable finance and other supply chain finance solutions are operating currently.

Sundeep is currently focused on providing strategic direction to the company and is working towards achieving high growth for Mynd, which will help in creating the products as per customer needs and increase its top line while maintaining the bottom line. He directly involves, develops, nurtures and manages all key client relationships of Mynd. He has also successfully acquired numerous preferred partners to support Mynd’s technology-based endeavors and scale up its business.

Sundeep has been the on the Board of Directors for many renowned companies. He has played a key role in planning the entry strategy and has set up subsidiaries for many multinational companies in India. In his leadership, Mynd has seen consistent growth at the rate of 20+ % CAGR from the year 2009 onwards. This was primarily because of investing into technology and bringing platform based offering in Accounting and HR domain for the customers.