Case Study

Optimizing Accounts Receivable and Claims Management for Small Businesses in California

Intro Image

The Brief

  • Client Profile: Two small companies, including a California law firm, require efficient accounts receivable and claims management services to manage their financial operations.
  • Industry Domain: Legal
  • Challenges Faced: The companies faced challenges in generating a high volume of bills each month, with 80% needing to be produced in the first week. They required a system for online bill submission and claims management.
  • Project Objective: To streamline the billing and claims management processes, ensuring timely generation and submission of invoices while improving overall operational efficiency.

The Solution

Provided comprehensive back-office services to address the client’s needs, which included:

  • Timely Billing: Ensured bills were generated on the first day of every month.
  • Customer Communication: Sent bills to customers via mail and fax.
  • Online Submission: Managed online submission of bills and conducted follow-ups on claims.
  • Receivables Tracking: Monitored and tracked the companies' receivables for better financial management.

The Outcome

The services led to significant improvements in the client's operations, including:

  • Cost Reduction: Helped the companies reduce manpower and operational costs considerably.
  • Improved Turnaround: Significantly enhanced turnaround times for billing and claims processing.

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