Siloed processes and legacy systems are preventing many finance organizations from optimizing their Accounts Receivable function in times where customer satisfaction and liquidity are more important than ever. Inefficient and manual AR processes end up delaying your access to cash while frustrating your customers.
With more than 25 years’ experience helping companies optimize Finance & Accounting operations, Auxis Accounts Receivable Outsourcing Services from Costa Rica offer top talent, increased productivity, and best-in-class technologies to break down the AR silos and speed up access to your hard-earned revenue.
By establishing a process-oriented approach towards Order-to-Cash (O2C), Auxis is able to improve the visibility and collaboration across the end-to-end AR cycle, from customer order processing to invoicing and cash application. The range of AR activities performed by the Auxis team includes:
Auxis will work with you to define a strong Service Level Agreement (“SLA”) framework that is customized for each client based on your specific needs and drivers. Some AR SLA metric examples include:
Days Sales Outstanding (DSO)
% of AR Balances within Terms
Cash Application Cycle Time
% of Cash Application Accuracy
Released Orders from Hold
Unapplied Cash Balance Per Account
Different SLAs? Let’s work together to understand your needs
Design Leader Gets 42% Labor Cost Reduction by Outsourcing Collections and Order Processing
See how this Interior Design Leader gets 42% Labor Cost Reduction by Outsourcing Collections, Order Processing, and Accounting Operations to Costa Rica.
Leading Retailer Optimizes Their Accounts Receivable Functions with RPA
Read this case study to understand how we built a Robotics Process Automation roadmap to help a leading retailer optimize their accounts receivable function.
Global Cosmetic Leader Shifts to a Hybrid Shared Services Model
By implementing a Hybrid Shared Services Model this Global Cosmetic Leader reduced operating costs by 33% with an IRR of 90% and a short payback period. Find out how!
Finance Business Process Outsourcing Yields 45% Savings
Centralizing and effectively Outsourcing Accounts Payable & Receivable brought 45% savings to this Packaging Wholesaler. Find out how!
Auxis has become an excellent partner to our company. We were initially skeptical, having previously tried to outsource some of our accounting functions, without success. Auxis brought the expertise and flexibility to deliver a custom outsourcing solution resulting in improved efficiencies that exceeded our expectations”.
Executive VP of Finance
Auxis’ commitment, accountability and personal, hands-on approach was refreshing. It was very clear that their team was concerned about OUR success. Auxis completely earned our trust and respect.”
CFO, Latin America Beverages
How are we different from other Accounts Receivable Outsourcing Companies?
We leverage your current systems and add additional tools to drive higher levels of end-to-end automation and increased productivity. Some of these tools include:
Auxis is a Preferred Partner of the Top-Rated RPA Platform, used to automate manual activities such as Cash Application, Collections, Credit Administration, Customer Master Data Administration, etc.
Leading Intelligent Data Capture platform used for Customer Remittance Advice Receipt, Extraction and Classification, Credit and Deductions Management, Order Verification, and other related activities.
Leading Content Management and Workflow solution, used for various AR functions such as Credit Approvals, Credit and Deductions Management, Price Variances and Adjustments, etc.
#1 Ranked BI Platform, offering real-time analytics and customized dashboards to present key SLA and operational KPIs, providing greater visibility into the AR function.
Discover how to overcome the challenges of talent acquisition by incorporating outsourcing into your business operating model.
Outsourcing is among the M&A Trends for 2022. Discover which benefits you can leverage as part of the M&A and carve-out process.