A/R Management is a complex and highly specialised business discipline, focused on propelling a company's financial wellbeing through expertly managing the money owed by customers. A professional in this field can dramatically increase the likelihood of receiving payments for invoices in a timely and full manner by creative implementing novel strategies. Such strategies involve transforming customer experiences, streamlining communications and tweaking payment terms with powerful automation.
From credit policies and dispute management systems through to collections protocols and procedures, an A/R Manager can discover crucial new processes tailored to the unique needs of their clients. They can also provide invaluable guidance when dealing with difficult accounts or resolving issues, while leveraging automation to create the most efficient and profitable results.
Interviews are essential in assessing the skills and qualifications of a potential A/R Manager, and the interviewer would be wise to consider the scope of the Manager’s experience, their industry-specific success rate, and familiarity with cutting-edge strategies and solutions. Pricing is an essential factor in the hiring process, with experienced professionals typically charging anywhere between $35 and $75 an hour, depending on the sophistication of their skillset.
The recruitment process doesn't have to cost an arm and a leg, with services like Freelancer.com allowing companies to quickly find the perfect candidate for their A/R Management needs at a cost-effective rate. Companies should take care to assess all variables before making a commitment and with the help of the right A/R Manager, there is no limit to the innovative possibilities for improved cash flow. Get started today and open the door to a whole new world of profitability!