Accounts Receivable Outsourcing Services
For hospitality businesses like hotels and restaurants, smooth cash flow is essential:
- Accounts receivable helps you maintain steady cash flows and collections; this makes it easier to assess the performance of your business.
- Accounts receivable information can alert you to warning signs of payment issues, so you can tackle them quickly.
- Accounts receivable gives you critical data for future financial planning.
Comprehensive Hospitality Solutions provides accounts receivable outsourcing services for hotels, restaurants, resorts, nightclubs, and other hospitality businesses.
When you entrust us to manage your accounts receivable, we assign a team of experienced certified bookkeepers to your account. Their job is to understand your business, resolve issues as they arise, and be your go-to resource for advice. We use best practices in the industry and provide you with frequent analysis and reporting.
Our Accounts Receivable Services
- Billing preparation
- Entering receivable transactions into your accounting system
- Applying cash received to customer accounts
- Resolving short pays
- Following up collection of accounts receivable
- Preparing accounts receivable reports
- Issuing credit memos and refund checks
- Alerting you to discrepancies between your records and account statements
Advantages of Entrusting Us to Manage Your Accounts Receivable
You’re in good hands with Comprehensive Hospitality Solutions. We exclusively serve the hospitality industry and understand how these businesses operate—it’s why we’ve become one of the most trusted hospitality consulting firms in the country.
Our experienced hospitality industry consultants provide customized service for your business. We can help you:
- Improve cash flow
- Minimize payment delinquencies and bad debt
- Collect on overdue accounts faster
- Screen your clients and assess their creditworthiness
- Consolidate print, mail, and electronic deliveries
- Focus on growing your business
- Improve employee morale by taking debt collections off-site
Whether you own a small café or a national hotel chain, we can help you save time and money. Contact us today and learn more about how our accounts receivable services can help you run your business more efficiently.