Invoice Processing & Aging Reports
To Supplement an Australian Law Firm

Australian Law Firm

The Client:

The client is a prestigious law firm in Australia with offices in Sydney, Melbourne, and Brisbane. This law firm specializes in corporate law, with a long history of working with some of Australia’s most prominent businesses. 

The Challenge:

The solicitors at the law firm were faced with immense work pressure and tight deadlines, that prevented them from sending invoices to their customers on time to collect the payment from them.

The firm tried various outsourcing providers to help with the generation of invoices and AR reports for sending invoices to customers for collection. Due to non-availability of proper accounting details of the pending amount, the other outsourcing providers would not take on such a task.  

The Solution:

Vee Technologies discussed the issues with the law firm and analyzed its requirements. We were able to arrive at a process that helped the firm by providing correct and proper invoices and AR reports. We reconciled all the customers' accounts and provided the breakup details for collection. This enabled the client to recover more than 90% of their dues.

The Benefits:

With help from Vee Technologies, the law firm confirmed that the reconciliation statements were sent to customers, and it was able to collect dues and increase its cash flow. In fact, the client was able to recover more than 90% of their dues. The law firm was extremely impressed by our work, and has since assigned more tasks to us, including maintaining its full books of accounts.

In these unprecedented times, Vee Technologies is committed to doing our part to help those in need. With the ongoing spread of COVID-19 (coronavirus) and the incredible speed at which things are changing around us, organizations are continually adapting their operations and business structure. Vee Technologies has the experience and capability to help your organization through this difficult time. We've expanded our continuity plan and infrastructure to accommodate the current business needs. Please do not hesitate to contact us when your need arises, our implementation team can have you up and running quickly and efficiently.