Welcome to RRG an All Inclusive Accounts Receivable, Accounts Payable, Tax Consulting and Accounts Receivable Financing Company
Some of our most beneficial services include:
RRG specializes in increasing your cash flow while bringing closure to your aged A/R and A/P in a timely and thorough manner. For most of our programs, RRG guarantees to increase your revenue with no up fronts costs/fees and with no to little effect on your current operations/staff.
The founders of RRG have more than 50 years of experience in providing excellent A/R outsourcing for a large number of major companies, including Sony Electronics, Seagate Software, Intuit, Kraft Foods, Diamond Foods, Clorox, Nestle, LifeScan (A Johnson & Johnson Company), The North Face, Deep Ocean Engineering, and many others.
Please note some interesting facts about A/R and A/P:
According to the Credit Research Foundation, roughly 3% of accounts receivables are unapproved customer deductions. A Further 5% of open items in accounts receivables are short payments. In dollars, that means that if your total A/R is $300 million, approximately $9 million are unapproved customer deductions while another $15 million are short payments.
In addition, on average 1% of all payables is an overpayment. In dollars, that means that if your total A/P is $300 million, approximately $3 million will be overpayments.
"While credit, A/R and A/P managers are increasingly aware of the money tied up in customer deductions and overpayments, They are also aware of the time and effort needed to resolve them."
The question to ask is, is it worth it to tie up your current staff to tackle these problems? Or should your current staff concentrate on your core business, which produces 92% of your revenue and takes care of 99% of your payables? If the answer is no to the first question, you may want to look at other avenues to handle this problem. Revenue Recovery Group is your answer!
Call it experience, call it intellectual capital, or just plain smarts—when we arrive at your office, we'll already know where to start looking for lost profits and for ways to improve your processes.
***All on a contingency basis***
We think you'll like what we have to say!
Contact us today to let us show you how to regain lost profits.
Revenue Recovery Group
2313 Rocky Point Ct.
San Leandro, CA 94579
Tel. No. (209) 483-2842
Fax No. (415) 962-4073