At Cobiz, we take on numerous essential administrative tasks for you like a backend virtual accounting & administration department, including Invoicing and Payment. Outsourcing of administrative tasks helps organisations reduce operational liabilities such as manpower, making it ideal for:
- Startup businesses / Small organisations
- Sole proprietorship
- Foreign companies operating in Malaysia
- Subsidiaries that are part of a group of companies
Leave your account receivables & payables to us, including:
Account receivables (AR)
- Checking for outstanding payment ageing
- Communicate and send SOA to client customers
- Chasing outstanding payment by phone & email
- Providing monthly updates/reporting on outstanding status directly to client management
- Maintaining company cash inflow
Account payables (AP)
- Checking supplier outstanding payment ageing
- Communicate and request SOA from suppliers
- Arranging for outstanding payment by online transfer
- Maintaining file systems for rapid retrieval or reference
- Maintaining company cash outflow
For startups in the early stages of development, outsourcing administrative services can be a lifesaver as this is the stage when they need support the most. By engaging our services, you will have more time to focus on the more important business operations to expedite business growth.
How We Can Help
When you outsource your administration to us, we will:
- Maximise your resources
- Reduce operating costs
- Reduce internal paperwork
-
Give you the freedom to carry out core business activities
