Reengineering Services
Cash Management Solutions has assisted many firms to establish professional, businesslike operational controls to manage all aspects of the revenue cycle. Our in-depth experience, gained while working for hundreds of professional firms, allows us to provide state-of-the-industry solutions to our clients.
- Create and Implement Credit Policy & Procedures
- Evaluate and Refine Departmental Structure
- Define and Manage Use of Engagement Letters
- Retainer Policy Creation and Management
- Perform Credit Evaluations
- Evaluate and Refine Invoicing Procedures
- Manage Partner Involvement
- Facilitate Policy Compliance
- Invoice Design
- Develop Improved Timekeeping Procedures
- WIP Policy Creation and Management
- Implement Policy Compliance Reports
- Streamlining of Processes
- Management of Unapplied Cash
- Management of Trust and Retainers
- Managing Engagement Letters
- Monitoring Retainers & Credit Limits
- Retainer Replenishment Audits
- Monitoring of High-Risk Clients
Cash Management Solutions has extensive experience in Outsourcing of Revenue Management functions for professional service firms. CMS will assume work-outcome responsibility for these functions or departments. We deliver a higher performance level from our staff while reducing costs. Our clients really do get more for less. We can perform these services on-site at your offices or off-site from our headquarters, depending on the goals of the firm.
