Accounts Receivable Reconciliations
Smyyth Reconciliation Services use proprietary technology to handle the largest reconciliation challenges, whether the problem is a single strategic customer to a massive rebuilding of multiple years and of tens of thousands of records.
A/R MATCHING, RECONCILIATION & FORENSICS
Accounts Receivable can get out of control for any number of reasons, often leaving hundreds or even many thousands of unmatched invoices, deductions, debit memos, credit memos and unapplied cash. If left unresolved for long, you are guaranteed a significant write off.
Smyyth's solutions can be employed on either a one-time "cure" basis, or as a turnkey outsource. Our technology is powerful, and we are fast and efficient.
Examples
- Clear up customer accounts, establish a collectible balance
- Reconcile variances between credits and deductions
- Match returns and credits at the SKU level
- Apply open credits to avoid escheatment
- Rebuild the entire AR file
- Reconcile two or more systems
- Stop the cycle of write offs and lost profits
- Find root causes of revenue dilution
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