Accounts Receivable
Management Services

Optimize your cash flows and working
capital with Mynd Finance solutions

Introduction

An effective and smooth Order-to-Cash cycle is crucial for companies to optimize their cash flows and collection processes. Mynd’s Accounts Receivable services facilitate companies in improving the same. Our associates work closely with business teams to effectually manage collection activities without disturbing client’s relationships. Mynd’s AR solution is comprehensive yet completely flexible, and thereby enables clients to choose the entire bouquet of services or commence a new assignment with a subset of processes, business units or locations.

Accounts Receivable Solutions by Mynd

Mynd’s Account Receivable offering enables organizations to focus valuable manpower and other resources on core accounting tasks rather than merely wasting time on managing collection activities. We provide service levels that exceed industry norms in several key performance indicators, including Average Invoice submission timelines, Average Invoice collection timelines & Query resolution timelines.

Our industry specific expertise in implementing best practices for optimization of the Order-to-Cash cycle help clients considerably improve their cash flows and working capital position in a short span of time.

Improved Processes

Setting up AR follow up mechanisms

Systemic Follow Ups

Assistance to business for sensitive customer AR

Reconciliations

Clean-up of older AR through reconciliation

Scope of Services

Mynd’s innovative approach to handling the Account Receivables function of its clients provides them several unique value propositions enlisted below, apart from the conventional benefits of better cash flow management and controls, savings on time & money.

1

Control over DSO days through collection and reduced process gaps

2

Timely resolution of queries posted at Helpdesk with a Log record

3

Automated Configurable MISs around Collection & Defaults

4

Collection Watch - No AR in past due category without justifiable reasons.

Mynd ARISE – AR Automation

ARISE transforms end-to-end accounts receivables management, improving cash flows, reducing the past-due receivables and helping identify leakages in revenue and filling up the gaps. A highly customizable tool that help CFOs achieve higher levels of accuracy, compliance and productivity throughout the invoice life cycle and enables better cash flow projections and management.

Case Study

Helping a beleaguered Pharma MNC facing multiple complex issues in Account receivables in terms of high DSO and Risky AR in their India operations while aggressively expanding.

Our client, an American global medical company specializing in eye care products with headquarters in Texas, USA with global revenues over 6 billions. It is a wholly owned subsidiary of a Global Pharma giant with revenue over 48 billions, headquartered out of Basel, Switzerland (Fortune 100 Company, Rank 2 in Pharmaceutical vertical). With operations in 75 countries, their products are sold in over 180 countries

Testimonial

What client says !

Mynd Automation Suite

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Introduced teams with team leaders for each sector to take over the process on AS-IS basis. Mynd Integrated Solutions Pvt Limited achieved the target of stabilization of the processes...

Introduced teams with team leaders for each sector to take over the process on AS-IS basis. Mynd Integrated Solutions Pvt Limited achieved the target of stabilization of the processes...

Introduced teams with team leaders for each sector to take over the process on AS-IS basis. Mynd Integrated Solutions Pvt Limited achieved the target of stabilization of the processes...

Introduced teams with team leaders for each sector to take over the process on AS-IS basis. Mynd Integrated Solutions Pvt Limited achieved the target of stabilization of the processes...

Introduced teams with team leaders for each sector to take over the process on AS-IS basis. Mynd Integrated Solutions Pvt Limited achieved the target of stabilization of the processes...

Introduced teams with team leaders for each sector to take over the process on AS-IS basis. Mynd Integrated Solutions Pvt Limited achieved the target of stabilization of the processes...

Introduced teams with team leaders for each sector to take over the process on AS-IS basis. Mynd Integrated Solutions Pvt Limited achieved the target of stabilization of the processes...

Introduced teams with team leaders for each sector to take over the process on AS-IS basis. Mynd Integrated Solutions Pvt Limited achieved the target of stabilization of the processes...

Introduced teams with team leaders for each sector to take over the process on AS-IS basis. Mynd Integrated Solutions Pvt Limited achieved the target of stabilization of the processes...

Introduced teams with team leaders for each sector to take over the process on AS-IS basis. Mynd Integrated Solutions Pvt Limited achieved the target of stabilization of the processes...

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