Accounts receivable outsourcing

Accounts receivable outsourcing, without losing control.

Steinfin takes over the day-to-day accounts receivable work: following up invoices, keeping queries moving and tracking every promise to pay. Your business keeps the commercial decisions, the customer relationships and a clear view of everything we do.

  • Full or partial AR support
  • In your name, to rules you agree
  • Works alongside Xero, QuickBooks and Sage
Your teamWhat you hand over
InvoicesCustomer contextYour rules
SteinfinRuns the day-to-day
Follow-up Priorities Promises Queries Account history Reporting
Your teamWhat comes back
VisibilityExceptionsDecisionsCash status
The short answer

What is accounts receivable outsourcing?

Accounts receivable outsourcing means using an external specialist to run some or all of the day-to-day work of getting invoices paid: following up with customers, tracking what they promise, keeping queries moving and keeping a clear record of every account.

With Steinfin, that work is done by a dedicated team, in your name and to rules you agree. You keep raising invoices in your own accounting system, and you keep the final say on anything commercial or sensitive.

It is not debt collection, and it is not software you have to run. It is your AR work, done for you as a managed service.

accounts receivable outsourcing noun

Handing the day-to-day work of getting invoices paid to an outside team, while keeping ownership of the decisions and the customer relationship.

Moves to the providerThe routine work
Stays with youThe decisions

Looking for how the work itself is run? See how accounts receivable management works day to day.

Where the work sits

Today, AR work is spread across your team. Outsourced, it has one owner.

In most growing businesses, nobody's job is only accounts receivable. It gets done in fragments, between other priorities. Outsourcing gives the routine work one owner, and sends back only what needs your team.

Finance manager Sends reminders when there is time Checks who has paid Catches up at month-end
Owner or MD Calls the biggest late payers Asks "has anyone chased this?" Keeps an eye on cash
Sales team Asked to chase their own customers Hears about queries first Passes on promises by email

Nobody owns it end to end, so follow-up depends on who has time this week.

Finance manager Sees status, handles exceptions
Owner or MD Makes the commercial calls
Sales team Shares customer context when asked
Steinfin owns the routine work
  • Reminders
  • Overdue follow-up
  • Replies recorded
  • Promises tracked
  • Queries moved on
  • Priorities set
  • Reporting

One owner for the routine work. Your team hears about what needs them, and nothing else.

What you can outsource

What Steinfin takes off your desk, and what stays on it.

This is the practical scope. The routine work that takes hours every week moves to us. Anything that needs business judgement comes back to you, with the context attached.

Accounts receivable taskWho handles it
Checking which invoices need attention today Steinfin
Reminders before and after the due date Steinfin
Following up overdue invoices by email and phone Steinfin
Recording every customer reply Steinfin
Tracking promises to pay, and chasing missed ones Steinfin
Spotting queries early and keeping them moving Steinfin
Keeping each account's history and next action current Steinfin
Reporting what is outstanding, promised and paid Steinfin
Queries that need your information or approval Shared
Requests for more time or a payment plan Shared
Disputes that need a business decision Shared
Credit terms and commercial decisions You
Escalation policy and any legal step You
What stays with you

We take the work. You keep the decisions.

Outsourcing the work is not handing over control. The calls that affect your customers and your business stay with you, and we agree up front exactly when something comes back to you.

  • Commercial decisions and credit terms
  • Customer relationships, including how we speak to them
  • Sensitive and key accounts, held back if you prefer
  • Disputes that need business judgement
  • Special arrangements and payment plans
  • Your escalation policy
  • Any legal step, which we never take on our own
Needs your inputToday, 10:42
Horizon GroupInvoice 3987
£3,100$3,900€3,600C$5,300
What happened

The customer has asked to pay in two instalments, half this month and half next.

Our note

First request like this from them. Their previous invoices were paid on time.

Accept the planSuggest another option
Once you decide, we confirm it with the customer and track both payments.

Example. Most accounts never need this. Only exceptions come back to you.

Why businesses outsource AR

It usually starts when the work outgrows the time you have for it.

Invoice volume tends to grow with the business. The time your team has for follow-up usually does not. The gap between the two is where invoices start to drift.

Follow-up nobody has time for Capacity Steinfin adds as the work grows Illustration only, not real data.
The finance team is stretched.Follow-up is the first thing to slip when month-end arrives.
The business has outgrown the back office.More customers and more invoices, with the same people.
The owner is chasing invoices.Time that should go into running the business goes into payment calls.
Salespeople are asking for payment.Which puts strain on the relationships they are trying to build.
Another hire feels too early.You need more capacity, but not necessarily a new full-time role.
Follow-up happens in bursts.Consistent one month, forgotten the next.
It stops when someone is away.Holiday or sickness puts everything on hold.
You want structure, not a project.A proper process, without designing an AR operation from scratch.
Outsourcing or hiring

Outsourcing accounts receivable vs hiring in-house.

Both can work. They are two ways of getting the same job done, and the right choice depends on your volume, your team and how much you want to manage yourself. These are the practical differences.

Hire in-house
People Training Process Systems Management Cover
An AR function you build and run
Outsource
Steinfin, to an agreed scope
An AR function already running
Hiring an in-house AR role compared with outsourcing to Steinfin
QuestionHiring in-houseOutsourcing to Steinfin
Getting set upRecruit, onboard and train someone, then design the process they follow.Agree the scope and your rules. The people and process are already in place.
How the cost worksSalary plus employer costs, recruitment, software and your management time.One monthly fee, agreed up front and based on the scope.
Who manages the workYou manage the person and the process.We manage the work. You see the results and make the decisions.
Holidays, sickness and leaversFollow-up pauses unless someone else picks it up.The work is not tied to one person's inbox.
Systems and reportingYou choose, pay for and maintain them.Included, working alongside your accounting system.
When volume changesHire again, or ask the same person to do more.Adjust the scope with us.
Often suitsBusinesses with the volume and structure for a dedicated in-house role or team.Businesses that want consistent AR work done without building a team for it yet.

We do not claim outsourcing is always cheaper. For some businesses a dedicated in-house team is the right call. The free AR health check is a simple way to see which fits yours.

Full or partial

You do not have to outsource all of it.

Some businesses hand over the whole receivables process. Others keep most of it in-house and use us for one part. We agree the scope with you at the start, based on what your ledger actually needs.

Full AR support

We run the day-to-day receivables process across your ledger, from reminders before the due date to follow-up, promises and queries.

Overdue and older accounts

Your team handles invoices while they are current. Once an invoice passes an agreed point, we take it on and see it through.

Extra capacity for your team

Your team stays in charge of AR. We take a defined share: overflow at busy times, specific customers, an older backlog, or cover while someone is away.

Working together

How Steinfin works alongside your finance team.

Outsourcing works best with a clear split. Your team keeps doing what only it can do. We do the rest, and keep you informed without needing to be managed.

Your team
Steinfin
1
Raise invoices as usualIn your own accounting system
2
Monitor and follow upReminders, emails and calls, in your name
3
Record and trackReplies, promises, queries, next actions
4
Flag exceptionsAnything outside the rules you agreed
5
DecideCommercial calls and sensitive accounts
6
Carry it throughAnd report what is paid and what is next

Want the full process? See how Steinfin works, step by step.

Information and systems

Can an outsourced AR team work with what you already use? Yes.

You keep your accounting software. We work from it, through authorised access or exports, for invoice and customer information, do the follow-up, and send the picture back to you. This is how information moves.

Your accounting system
Your records stay here
Invoices, balances and customer contacts
Steinfin Follow-up, records and next actions
Follow-up by email and phone, in your nameReplies, promises and queries
Your customers Hear from your accounts team In the tone you approved
Status, reports and anything sensitive, to you first
Your team Sees everything, decides the exceptions
Your customers

Your relationships stay yours.

We handle the routine follow-up professionally and in the way you have agreed. To your customers it feels like a well-organised accounts team, not an outside chase.

  • Your tone and wording, approved before we contact anyone
  • Your name on every message, as your accounts team
  • Context from you on key customers, so nobody is treated like a stranger
  • Sensitive accounts held back or handled exactly as you choose
  • Escalation only in the way you have agreed
What your customer seesBrightwell Ltd, accounts payable
Accounts, Your CompanyInvoice 3042 is due on FridayReminder
Accounts, Your CompanyChecking invoice 3042 reached youFollow-up
Brightwell LtdRe: we need a PO number to pay thisQuery, sent to you
Accounts, Your CompanyInvoice 3042, now with PO 7781Resolved
Brightwell LtdRe: approved, paying on the 28thPromise recorded
Accounts, Your CompanyPayment received, thank youPaid
Example. Every message goes out in your name, in the tone you approve.
Visibility

See what is happening without managing every follow-up.

Outsourcing should give you more visibility, not less. Regular reporting shows where every account stands, including the last action, the customer's response, any promise or query, the next step and whether it has been paid. The few things that need you are kept apart from everything else.

Your accounts receivable, this weekExample
Needs attention4
Oakline Ltd9 days overdue
Delmont & CoDue tomorrow
Steinfin is working12
Northfield LtdCall booked Thursday
Westway ServicesReminder sent Monday
Needs your input1
Horizon GroupAsks for a payment plan
Expected5
Brightwell LtdPromised for the 28th
£24,650$30,800€28,600C$41,900due in this week
Paid9
Fairline LtdPaid in full Wednesday
Continuity

The work does not stop when one person does.

When accounts receivable lives with one person, it pauses when they do. A managed process keeps going, because the history, the next actions and the follow-up are shared, not held in one inbox.

Holiday A sick day A busy month-end A change of role Other priorities
Follow-up carries on as agreed Every account keeps its history and its next step.
Is it right for you?

Who AR outsourcing suits, and when you may not need it.

Outsourcing solves a specific problem: more receivables work than your team has time to do well. If that is not your situation, you may not need it yet.

Usually a good fit
  • B2B businesses that sell on invoice or credit terms
  • A steady flow of invoices every month
  • Overdue balances that keep coming back
  • A finance team without spare capacity
  • Owners or salespeople doing the chasing
  • Growth that is outpacing the back office
  • You want structure before building a bigger team
Probably not needed yet
  • You send only a handful of invoices a month
  • Customers already pay on time, consistently
  • Your team has dedicated time to follow up properly
  • There is very little follow-up to do

Not sure which side you are on? The free AR health check will tell you honestly.

Where it helps most

Industries where outsourcing AR makes the biggest difference.

Construction

Applications for payment, retentions and long payment chains create a lot of AR administration on top of the actual work.

Credit control for construction

Recruitment

Weekly timesheet invoicing means high volume, and contractors still need paying whether or not clients have paid.

Credit control for recruitment

Wholesale and distribution

Large trade ledgers with many accounts need steady attention that is hard to fit around orders and deliveries.

AR for wholesale and distribution

Agencies and professional services

Project billing, approvals and purchase orders mean invoices often wait on someone's sign-off before they can be paid.

For marketing agenciesFor professional services
Handing it over

How the move from in-house to Steinfin works.

The handover is gradual and agreed step by step. Nothing reaches your customers until you have signed off how we will work.

  1. 1

    Review the ledger

    What is outstanding and where it is stuck.

  2. 2

    Learn how you work

    Your process, key customers and anything sensitive.

  3. 3

    Agree the scope

    Full support, overdue accounts or extra capacity.

  4. 4

    Set the rules

    Tone, timing and when things come back to you.

  5. 5

    Connect

    Link your accounting system. Invoicing stays the same.

  6. 6

    Start the work

    We begin on the agreed accounts, and you see everything.

Pricing

Priced on what you hand over.

Outsourced AR is a monthly retainer. The fee depends on the scope you choose and the size of the workload, and it is agreed before we start.

See Steinfin pricing
From
£299$399€349C$499 / month
Shown in GBP, based on your location.
Start here

Before you decide what to outsource, see where AR is getting stuck.

The free AR health check looks at your overdue invoices and shows where cash is being held up, plus a few practical things you can act on, whether or not you work with us. No cost, no obligation.

Get a free AR health check
Questions

Accounts receivable outsourcing, answered.

Only need help with overdue invoices? See outsourced credit control or invoice chasing.

What is accounts receivable outsourcing?

It means using an external specialist to run some or all of the day-to-day work of getting invoices paid: reminders, overdue follow-up, tracking promises and queries, keeping account records and reporting. You keep ownership of your customers and the decisions. With Steinfin, the work is done by a dedicated team, in your name and to rules you agree.

What parts of accounts receivable can be outsourced?

Most of the routine work: checking what needs attention, reminders before and after the due date, overdue follow-up by email and phone, recording replies, tracking promises to pay, keeping queries moving, keeping account histories current and reporting. Decisions such as payment plans, credit terms, sensitive accounts and legal steps stay with you.

Can we outsource accounts receivable without outsourcing our whole finance function?

Yes. Steinfin only handles receivables work. Your bookkeeping, invoicing, supplier payments and the rest of your finance function stay exactly where they are.

Can we outsource only our overdue accounts?

Yes. Some businesses keep current invoices in-house and hand accounts over once they pass an agreed point. Others use us for extra capacity, specific customers or an older backlog. We agree the scope with you at the start.

Will our customers know our AR is outsourced?

We work as part of your team and contact customers in your name, using the wording and tone you approve. To your customers it reads as your own accounts team getting in touch. The relationship stays yours.

Do we keep control over customer relationships?

Yes. You decide how we speak to customers, which accounts we handle and which we leave to you, and when anything is escalated. You can step in on any account at any time.

Can Steinfin work alongside our existing finance team?

Yes, and most businesses work this way. Your team keeps raising invoices and making the decisions. We handle the routine follow-up and bring back only what needs them. Every contact is recorded, so nobody gets chased twice.

How does outsourced AR work with Xero, QuickBooks or Sage?

We work from the accounting system you already use, through authorised access you grant from your own account, or regular exports, to see invoices, balances and customer contacts. Your records stay in your system and nothing about how you invoice changes. Follow-up, replies and next actions are recorded on our side and reported back to you.

How is our financial data handled?

Steinfin handles personal data in line with the GDPR. Access is limited to the people working on your account and scoped to what receivables work needs, and you can review or revoke it at any time. There is more detail on our security page.

What happens when a customer raises a dispute?

We log it, find out what is behind it and keep it moving. If it needs information or a decision from you, we bring it to you with the context attached, then follow it through once you have decided.

Is AR outsourcing cheaper than hiring?

Not always, and we will not pretend otherwise. Hiring means salary, employer costs, recruitment, software and management time. Outsourcing is one monthly fee agreed to a scope. Which works out better depends on your volume and how much capacity you need. The AR health check is a simple way to judge it.

How much does accounts receivable outsourcing cost?

Steinfin is a monthly retainer based on the scope you choose and the size of your ledger, agreed before we start. The current tiers are on the pricing page, shown in your local currency.

How quickly can we start?

Once we have reviewed your ledger, agreed the scope and your rules, and connected your accounting system, we can begin. For most businesses that is a matter of days rather than months.

Hand over the work. Keep the control.

Start with a free AR health check. We will show you where your receivables are getting stuck and what outsourcing could take off your team.

Get a free AR health check