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CDS Companies, an accounts receivable funding and management
firm, has launched MyReceiveables.com, the first company to
offer small businesses a full range of customized, internet-based
accounts receivable services.
Building on the 28 years of
experience gained by providing these services through traditional
channels, MyReceivables.com provides - with online speed and
convenience - cash flow, receivables management, credit application
processing, internet and paper-based billing, collections,
database marketing services and private label e-commerce credit
card programs.
Companies sign up for the service
directly on MyReceivables.com's website by completing an application
form for the services. Once approved they can enter their
receivables into the system in three ways: directly on the
MyReceivables.com website, using a plug-in feature on their
own websites or uploading data using their accounting software.
MyReceivables.com makes an electronic deposit weekly or bi-weekly to the company's account for the amount of receivables, less
an agreed upon fee.
MyReceivables.com sends a
customized statement by mail or e-bill to the client's customers
bearing the client name, address, trademark and logo, always
remaining behind the scenes.
When customers receive bills
and mail in the payments, as far as they are concerned, the
transactions are made directly with the service provider.
The billing and payment receipt are actually handled completely
by MyReceivables.com. The monthly statements can include the
kind of messages and bill stuffers the MyReceivables.com client
would send to its customers if conducting the mailing itself.
MyReceivables.com is the first
financial services company with back up of a firm with a 28-year
track record to provide small businesses with cash against
their receivables through a completely web-based platform.
The company provides a full range of customized accounts receivable
services, including accounts receivable management, rapid
funding, billing, collections, and database marketing; making
it the internet's backbone for small businesses' accounts
receivable funding and management.
For more information, visit
the company's website at www.MyReceivables.com or call 800-338-7353.
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