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Law and Accounting Firms
More Law and Accounting Firms are recognizing the need to obtain the assistance of trained accounts receivable professionals to reduce slow or non-paying accounts without the risk of litigation. They also are coming to the conclusion that this assistance can be utilized to provide additional services to their clients, thereby providing new revenue opportunities. Proper management of accounts receivable is critical to a firm and/or company's success. CVS offers comprehensive solutions for your accounts receivable issues. From review of invoicing policies and procedures to collections, we provide a full range of receivables management services.
Services we offer include: - Design and help you implement a formal credit and collections policy and procedures manual that will help you met the goals of your firm. We will review your existing policy, procedures, processes, staff and systems capabilities to determine what changes need to take place to obtain the desired results. Our objective is to create workable policy and procedures that make sense and therefore are adhered to. Areas we will address will include;
- Timely and accurate recording of Time and Expenses per client
- Timely and consist billing
- Proper application of payments
- Follow-up and collection of delinquent accounts
- Training of staff
- Provision of temporary staff for special projects
- In-sourcing and out-sourcing solutions available
Bankruptcy and Litigation Support
CVS has worked with
national law and CPA firms to provide support services related to bankruptcy and litigation. Over the years we have been retained to provide our expertise as consultants, advisors and alternate service providers.
Services we offer include: - Asset Audit and Evaluations
- A/R monitoring on a daily, weekly or monthly basis
- Complete servicing of A/R portfolios including billing, payment processing and collections
- A/R records reconstruction, either manual or electronic data
- A/R fraud investigations
- Digital forensic investigations
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