Chicago (PRWEB) January 30, 2014
TermSync, a cloud-based receivables management platform, announced today the release of A/R Boost - Professional Services edition.
The new software suite customizes TermSync’s product A/R Boost, an accounts receivable workflow management platform, to meet the unique invoicing and client requirements of a professional service firm. A/R Boost lowers companies’ operating costs, improves client relations, and reduces the amount of time invoices remain outstanding by automating parts of the accounts receivable process while also streamlining workflows and analytics.
“We currently have many professional service firms using our standard A/R Boost product. The results have been great, but we saw an opportunity to tailor certain features to better fit the needs of those firms,” said Mark Wilson, TermSync’s founder and CEO.
Professional service firms often treat each partner or division of the firm as a separate company with its own bottom line. The professional services edition of A/R Boost provides flexibility to manage receivable workflows differently for each partner/group, each client, or use a centralized approach for the whole firm. User-friendly dashboards and analytics are included, allowing executives to evaluate progress, hold team members accountable, and even benchmark them against other firms.
The software suite is set up with the busy professional in mind. It does not require firms to overhaul their current process nor does it place unrealistic expectations on members of the firm.
“I’ve worked at a professional service firm and have partnered with many others,” says Wilson, who is a licensed CPA. “They are great at what they do, but often struggle with getting invoices out the door and payments in the door quickly. We have created a solution that can be up and running in only a few days, requires very little of their time each week, and most importantly, improves their relationships with clients.”
To schedule a free demo of A/R Boost - Professional Services edition or any of TermSync’s solutions visit http://www.termsync.com.