Question 1

What is included in an accounts receivable audit by Intercol?

Accepted Answer

Our comprehensive accounts receivable audit includes analysis of outstanding invoices, aging reports, customer payment patterns, credit terms compliance, and identification of collection opportunities across all jurisdictions. We review documentation for enforceability, assess debtor creditworthiness in each country, and provide detailed recommendations for optimizing recovery rates. The audit covers multi-currency portfolios and ensures compliance with local regulations in all 70+ countries we serve.

Question 2

How long does an accounts receivable audit take to complete?

Accepted Answer

A typical accounts receivable audit takes 5-10 business days depending on portfolio size and complexity. For multinational portfolios spanning multiple jurisdictions, the process may extend to 2-3 weeks to ensure thorough analysis of local legal requirements and collection prospects. We provide regular updates throughout the audit process and deliver a comprehensive report with actionable recommendations for immediate implementation.

Question 3

Can you audit accounts receivable in multiple countries simultaneously?

Accepted Answer

Yes, our international expertise allows us to conduct simultaneous audits across multiple jurisdictions within our 70+ country network. Our local teams analyze receivables according to each country's specific legal framework, currency regulations, and collection practices. This multi-jurisdiction approach ensures compliance while identifying the most effective recovery strategies for each geographic region, maximizing your overall collection potential.

Question 4

What happens after the accounts receivable audit is completed?

Accepted Answer

Upon completion, you receive a detailed audit report with prioritized recommendations, risk assessments for each debtor, and jurisdiction-specific collection strategies. We provide clear action plans for immediate recovery opportunities and long-term portfolio optimization. If you choose to proceed with collection services, our 'no win, no fee' model means you only pay when we successfully recover funds, making the transition from audit to active collection seamless and risk-free.

Question 5

Do you charge for the accounts receivable audit service?

Accepted Answer

Our accounts receivable audit is typically provided as part of our comprehensive debt collection service evaluation at no upfront cost. For clients proceeding with our collection services, the audit is included in our 'no win, no fee' structure. For standalone audits without subsequent collection services, we offer competitive fixed-fee pricing that varies based on portfolio size and complexity across the jurisdictions involved.

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