Smyyth Industry Solutions
Smyyth Industry Solutions
Smyyth

Accounts Receivable
Collection Management


Our studies show that DSO (and cash flow) may vary as much as 35% between two companies in the same industry. The top performer will have automated systems driving collection activity, optimized processes, management tools, and a high-caliber staff commensurate with the job.

Chart  of  days sales outstanding (DSO) depending on size of company. For a $500 million company, each day of DSO is worth $1,370,000 cash in the bank.
DSO and Cash Flow Comparison

The lower performer with high DSO will have to rely more on outside funding, and will have higher bad debt write-offs, as receivables slip through the cracks. The gap between the best and average, as displayed in the adjacent chart, can be quite dramatic.

Best Industry Practices Vs. "Call Center Dialing for Dollars"

These are your customers.

Smyyth will treat them that way. Our employees have corporate experience, will work within your company culture, and perform a valuable customer service role, getting to the root of problems, while collecting your money. Whether it is a long-term collection outsource or a short-term project to cure a collection backlog, you receive the same high quality, professional services.

Smyyth's Accounts Receivable Collection services are managed for results, driven by Carixa technology, and performed by industry experts. Not only do we understand industry practices but we also have the unique benefit of knowing how your customers are paying other suppliers.

Accounts Receivable LifecycleFlexible Outsource Programs and Projects

We manage collections throughout the Accounts Receivable Lifecycle, at Day 1, 30, 60, 90, etc. It all depends on your needs.

We will collect your invoices, track your disputes, resolve your deductions, and deliver exceptional results. We offer an integrated "turnkey" outsourced solution to improve cash flow, payment habits, and DSO.

  • RationalScore predictive payment scoring can be seamlessly integrated into the process to provide priority action to the customers needing it.
  • Carixa systems always keep you in the loop, providing collaboration on disputes, and 24X7 access to details and management dashboards.
  • When collection agency action is required, accounts can be seamlessly transitioned to our collection affiliate, with consolidated reporting for all outsourced responsibilities.

Our turnkey, focused approach yields greater cash flow, fewer write-offs, and better customer service.

CASH FLOW PROS™

Cash Flow Pros are high-impact professional teams for an immediate onsite or offsite solution to turn frozen receivables to cash now – this month, not next year. Whether the solution is just one professional or a complete supervised team to attack the entire past due aging, we can solve it for you. To fully align our goals, these programs can be self-funding from the results.

Systems

Carix™ Credit-to-Cash, our collaborative internet-based system has the most comprehensive and powerful collection processing capability in the industry, including workflow, controls, rules, dashboards, metrics, root cause reporting etc. Integration is simple. Carixa systems always keep you in the loop, with 24X7 access to detailed activities as well as management dashboards.



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Smyyth Industry Solutions
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