Who We Are
We are Financial Standards Plus, an Accounts Receivable Consulting firm specializing in assisting professional service firms.
What We Do
We optimize your firm’s cash flow by keeping your clients active in the payables mode.
How We Do It
By encouraging clients to pay regularly, and on time, they avoid the embarrassment of ‘being in too deep’. Hostility that can lead to lost clients and malpractice claims is diffused.
Your clients will never know that an outside service is your accounts receivable department. They get a polite, informed adjunct to your firm and you get informative regular updates on the status of your client position. Your accounts receivable around improves and your bank smiles on you.
If a client is too far gone, a collection agency style can be employed and the handling system changes to one outside the firm, still at the same rates. We can handle your small claims needs. We have a seasoned legal team for larger amounts at the most reasonable rates around.
We have over twenty years of experience in the business of credit and receivables management. We offer a variety of options to fit your firm’s needs. You pay only for the services provided, no vacation or sick days, no insurance, no down time. Work can be conducted in our offices or yours.
- We have over 20 years in the business.
- We have NEVER “lost” a client’s client.
- We are professional consultants.
- We always use a professional approach.
- We always provide professional results.
They are Your Client BUT… They Owe You Money.
You don’t want the relationship damaged BUT… They Owe You Money.
You’ve worked with them, helped them. Now it might sour the relationship
to ask them to pay when you know their cash is tight BUT……
“We got paid on things that we thought were history!”
“Potential problems are identified quickly.”
“All of our clients are paying faster now. They have been re-trained!”
“Professional appoach to an annoying problem.”
“Now I don’t have to deal with it!”
Keep Your Client
Focus on being their advocate AND get paid for your services.
It’s easy, Our Standards ADD to the Financial Success of Your Business.
An old client, one you’ve had forever… Things got tight for them and you know it. You cut him some slack but now he won’t return your calls.
A newer client… Sounded great when an associate or an old solid account referred them… They haven’t paid a dime yet.
A new account with that nice sized list order loves your product and will be ordering even more. Great stuff! Thanks! Yeah, sending the new P.O. next week, then click. Hey, what about payment for the first order?
There’s a block of accounts, all in pretty much the same industry you supply. Been around about a year, and in fact, they all seem to know each other. They all tend to run habit late but they pay… most of the time.
A well managed account with a decent track record calls to let you know they are wanting to ramp things up in a hurry. They need their credit line tripled… Now.
You’re ready to expand your client base. Your infrastructure is well established now. How do you take that step without putting it all at risk?
Things have gotten out of hand. Everyone is just too busy doing business to keep the back-end running. But, it’s okay, because there’s enough money to cover everything until you have the time to go back and figure it all it before… Wait! What was that about the big Smith account not paying?
You and John have been doing business together since way back. You’ve had dinner at each other’s homes, even been to the kids’ weddings. Now, John Jr. is stepping into Dad’s shoes. Jr. didn’t pay attention in school. Running a business more than ‘doing lunch’ and golf games.
We have provided our services to the following businesses:
- Law Firms
- Accounting Firms
- Professional Service Firms
- Furniture Manufacturing
- Leasing and Collateral Audits
- Technology Assembly and Design
- Banking and Finance
- Hazardous Waste
- Fuel Suppliers
- Entertainment, Film, Post-Production
- Heavy Equipment
- Jewelry Manufacturing
- Food and Beverage
- Engineering and Architecture
- Distribution and Fulfillment
We have also provided services listed below to the FDIC and many major California banks.
- Reconciliation and Chargeback Management
- Accounts Receivable Management
- Dispute Resolution
- Credit Review
- Credit Insurance
- Audit Representation and Verification
- Compliance Services
- Asset Audits
- Legal Resolution Services.
Financial Standards Plus adds to your image by providing services to the executive suite and virtual suite environments.
Clients look toward your professional presentation which is enhanced further by the professional approach of Your Accounts Receivable Department.