Smyth has proprietary Carixa technology and special expertise to handle your forensics and reconciliation challenges, from a single important customer account to rebuilding an entire multi-year A/R of tens of thousands of records. We can even enable the electronic acquisition of customer and third party data for an automated 360° solution.

We can:

1. Reconcile and reapply your accounts
2. Clear up customer balances
3. Match your returns and credits
4. Document receivables owed
5. Find lost revenues
6. Unfreeze frozen receivables
7. Recover lost revenues
8. Provide a Management Root Cause analysis report

A/R RECONCILIATION
Cleanup Your A/R
Massive File Recon Capability

Accounts Receivable can get out of control for any number of reasons, often leaving hundreds or thousands of unmatched and unreconciled invoices, deductions, debit memos, credit memos and unapplied cash. An unreconciled file means that you can not identify and collect the receivables due you. If left unresolved for long, you are guaranteed a significant write off.

Face it. You do not have the time, staff or systems to accomplish these daunting reconciliations.

Smyth has Carixa reconciliation tools plus an expert staff which can be employed on either a one-time "cure" basis, or as a turnkey outsource to get the backlog or problem under management once and for all. Our technology is powerful, and we are fast and efficient.

Backlogs of any type
Systems conversions
Cash Application
Deductions and Credits
Industry and customer practices
Inadequate AR systems
Returns and recalls

A/R FORENSICS

AR Forensics™ combines an experienced audit approach with Carixa forensics tools in order to determine the underlying cause of revenue dilution or accounts receivable deductions. Benefits include:

Recapture maximum receivables owed you
Find lost revenues
Understand and stop root causes of revenue dilution
Clean up the books, prevent audit problems
Improve customer relations
Stop the continuing cycle of write offs and lost profits

For example:

• Reapply AR activity to determine a valid AR balance (even tens of thousands of transactions!)
• Discover and fix root causes of systemic problems that cause deduction losses
• Reconcile variances between credits and deductions
• Match and clear the backlog of customer returns, even at the SKU level
• Find out why recall product returns were higher than forecasted
• Resolve and match open credits to avoid escheatment